New York, May 23, 2026, 15:03 EDT
- LCNB finished Friday at $16.33, off 0.24%. Shares are still up from $15.66 at last week’s close.
- The next quarterly dividend of $0.22 from the company is set with a June 1 record date and will be paid June 15.
- U.S. markets are closed for the weekend and staying shut Monday for Memorial Day.
LCNB Corp. shares finished the week higher despite losing ground in Friday’s session. Investors looked ahead to a new dividend as the Ohio community bank heads into the long U.S. market weekend.
The stock finished May 22 at $16.33, slipping 4 cents, or 0.24%. About 18,200 shares changed hands. That keeps it up about 4.3% from $15.66 last Friday, according to the company’s own stock page.
LCNB said its board approved a $0.22 per share cash dividend, set for shareholders of record on June 1, with payment to follow on June 15. The update comes as the week is cut short and investors eye a near-term payout.
No Monday trade to check that setup. Nasdaq says markets are closed on May 25, 2026, for Memorial Day. Otherwise, regular Nasdaq hours are Monday to Friday, 9:30 a.m. to 4 p.m. Eastern.
Wall Street stocks climbed again on Friday as the S&P 500 logged its eighth week of gains in a row, finishing up 0.4%. The Dow rose 0.6%. The Nasdaq Composite added 0.2%, AP said.
LCNB traded with little action compared to the indexes. Small bank stocks often move this way. The bank’s market cap was close to $233 million. Dividend yield printed at 5.39%. The price-to-earnings ratio landed at 10.09. In the last 52 weeks, LCNB ranged from $13.75 to $17.89.
Peers put up a mixed showing. Farmers National Banc dropped to $14.14, Civista Bancshares slipped to $25.46. First Financial Bancorp inched higher, closing at $30.73. LCNB’s slight Friday dip stayed in line with moves across Ohio banks and the wider regional group.
Dividend talk is based on LCNB’s first-quarter results, which topped spread income forecasts but showed some credit noise. LCNB posted record net interest income of $18.8 million. Net interest margin climbed to 3.83% from 3.25% in the same period last year.
LCNB Corp. CEO Eric Meilstrup said the quarter brought “higher core profitability and book value growth,” but he pointed to “increased macroeconomic uncertainty.” Net income came in at $4.4 million, or 31 cents a share, down from $4.6 million, or 33 cents a share, in the same quarter last year. LCNB Corp.
Credit risk is the story. LCNB booked a $2.3 million provision for credit losses, much higher than the $197,000 it set aside this time last year. Net charge-offs totaled $2.7 million and were mostly connected to a pair of logistics credits.
The company’s later quarterly report listed gross loans at $1.70 billion as of March 31, with $13.4 million set aside for credit losses. The filing flagged the risk that loan charge-offs could increase and the current loan-loss allowance might fall short if borrower conditions worsen or rates stay high.
Markets are closed Monday, so the U.S. week starts Tuesday and runs four sessions. Dividend record for June 1 sits just outside that. For LCNB holders, the main focus is high yield and better margin, set against slower profit and concerns about credit costs.
