LCNB Corp. Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Net Income Surge to $5.9M and EPS Increase of 24.2%
LCNB Corporation (NASDAQ: LCNB) released its financial results for the second quarter and the first half of 2025, showcasing significant growth in key financial metrics. The company reported a substantial increase in net income for the second quarter, reaching $5.9 million compared to $0.9 million during the same period last year. For the six-month period ending June 30, 2025, net income rose to $10.5 million from $2.8 million in the previous year. Earnings per share also saw notable improvement, with second-quarter figures at $0.41 per diluted share, up from $0.07 per share year-over-year. For the first half of 2025, EPS increased to $0.74 compared to $0.21 in the same period last year. Net interest income for Q2 2025 was $17.5 million, up from $15.2 million in Q2 2024. Over the first six months of 2025, net interest income totaled $33.8 million, compared to $29.1 million for the same period last year. The net interest margin for Q2 2025 expanded to 3.47%, an increase from 2.86% in the second quarter of 2024. LCNB's President and CEO, Eric Meilstrup, attributed the strong performance to strategic growth initiatives, robust loan originations, and effective management of operating expenses, contributing to a return on average assets of 1.04% for the quarter. The company did not provide specific guidance or outlook in the released document.
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