LCNB Corp. (NASDAQ:LCNB) insider John F. Smiley sold 5,000 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $17.12, for a total transaction of $85,600.00. Following the sale, the insider now directly owns 116,435 shares in the company, valued at approximately $1,993,367.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
LCNB stock traded down $0.14 during midday trading on Friday, hitting $17.02. The stock had a trading volume of 18 shares, compared to its average volume of 16,956. The firm has a market cap of $228.64 million, a price-to-earnings ratio of 12.27 and a beta of 0.52. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.22. LCNB Corp. has a 1-year low of $14.56 and a 1-year high of $20.65.
LCNB (NASDAQ:LCNB) last released its earnings results on Thursday, April 18th. The bank reported $0.36 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.36. The business had revenue of $16.16 million for the quarter, compared to analyst estimates of $16.19 million. LCNB had a net margin of 22.58% and a return on equity of 8.26%. Research analysts expect that LCNB Corp. will post 1.56 earnings per share for the current year.
Several brokerages recently weighed in on LCNB. Zacks Investment Research cut shares of LCNB from a “hold” rating to a “sell” rating in a research note on Thursday. Boenning Scattergood reissued a “hold” rating on shares of LCNB in a research note on Thursday, February 7th.
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LCNB Corp. operates as the financial holding company for LCNB National Bank that provides commercial and personal banking services in Ohio. The company's deposit products include checking, NOW, savings, Christmas and vacation club, money market deposit, lifetime checking, and individual retirement accounts, as well as certificates of deposit.
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