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Lcnb Corp   (LCNB)
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    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 


Earnings Jumped by 25.64 % at LCNB in the third quarter of 2022

company recorded third quarter of 2022 operating surplus of $6.832 millions

Published 2022-11-13T00:40:06+00:00
Goran Soko / CSIMarket.com Contributer

Revenue in the Sep 30 2022 report increased by 7.324 % to $19.18 millions in in comparison to to $17.87 millions on a year-over-year basis, LCNB recorded profitability growth of 25.64 % to $0.49, as in comparison to at $0.39 in the prior year quarter.

In contrast to the Q2 Revenues advanced by 4.717 % from $18.32 millions and EPS remained unchanged from $0.49 per share.


Bottom-line of $5.579 millions in the third quarter of 2022 increased by 15.82 % from net earnings of $4.817 millions reported in the third quarter of 2022 a year ago. Lcnb Corp also emphasized it's improving profit margins, where net margin rose to 29.08% in third quarter of 2022, and operating margin edged up to 35.62%.
Operating earnings, however, rose 16.91% to $6.832 millions.

Lcnb Corp is expected to report next financial earnings on March 08, 2023.


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Other LCNB's Earnings Reports

Lcnb reported first quarter 2022 earnings

Lcnb reported fourth quarter 2022 earnings

Lcnb reported third quarter 2022 earnings

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