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

The Commercial Banks company announced a frugal improvement , over the financial span ending December 31 2022

Lcnb Corp announced fourth quarter of 2022 operating surplus of $7.791 million


Published Mar 16 2023
CSIMarket Team / CSIMarket.com


money-256314_960_720.jpgFor the financial period ending December 31 2022 eps rise outpace revenue improvement , where earnings per share advanced by 25.68 % at $0.57 per share, Revenues advanced by 3.606 % to $19.86 millions from the corresponding quarter a year ago.

In the preceding quarter LCNB realized Revenue of $19.18 millions and bottom line of $0.49 per share.


Bottom-line of $6.408 millions in the financial period ending December 31 2022 increased by 13.88 % from net earnings of $5.627 millions reported in the financial period ending December 31 2022 a year ago. Lcnb Corp also emphasized it's improving profit margins, where net margin rose to 32.27% in financial period ending December 31 2022, and operating margin edged up to 39.24%.
Operating earnings, on the other hand, improved just 13.67% to $7.791 millions. Analysts also pointed out, that within the sales results for the financial period 2022, company declared Revenues of $75.08 millions and net income of $22.13 millions.

Commercial Banks company voiced also, that Income per share increased by 16.27 % to $1.93 per share from $1.66 in the preceding financial period , contributesRevenues increased by 1.98 % from $73.63 millions a year ago.

Lcnb Corp is expected to report next financial results on May 10, 2023.



Lcnb's Capital Expenditures Growth

Lcnb's Effective Tax Rate



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