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Side-by-side financial comparison of Bluerock Homes Trust, Inc. (BHM) and LCNB CORP (LCNB). Click either name above to swap in a different company.

LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $18.9M, roughly 1.3× Bluerock Homes Trust, Inc.). LCNB CORP runs the higher net margin — 23.7% vs -50.1%, a 73.8% gap on every dollar of revenue. On growth, Bluerock Homes Trust, Inc. posted the faster year-over-year revenue change (35.9% vs 5.1%). LCNB CORP produced more free cash flow last quarter ($33.4M vs $10.4M). Over the past eight quarters, Bluerock Homes Trust, Inc.'s revenue compounded faster (30.1% CAGR vs 15.7%).

Bluerock Homes Trust, Inc. is a U.S.-headquartered real estate investment trust that acquires, owns and operates a portfolio of high-quality single-family rental residential properties. It caters to middle-market renters across high-growth suburban markets, prioritizing regions with strong demographic fundamentals and sustained rental housing demand.

LCNB Corp is a United States-based financial holding company that operates through its national bank subsidiary, providing a full suite of retail and commercial banking products and services including deposit accounts, various loan products, wealth management, and insurance solutions primarily to individual consumers, small and medium-sized enterprises and local community organizations across regional markets in Ohio.

BHM vs LCNB — Head-to-Head

Bigger by revenue
LCNB
LCNB
1.3× larger
LCNB
$23.9M
$18.9M
BHM
Growing faster (revenue YoY)
BHM
BHM
+30.8% gap
BHM
35.9%
5.1%
LCNB
Higher net margin
LCNB
LCNB
73.8% more per $
LCNB
23.7%
-50.1%
BHM
More free cash flow
LCNB
LCNB
$23.0M more FCF
LCNB
$33.4M
$10.4M
BHM
Faster 2-yr revenue CAGR
BHM
BHM
Annualised
BHM
30.1%
15.7%
LCNB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BHM
BHM
LCNB
LCNB
Revenue
$18.9M
$23.9M
Net Profit
$-9.5M
$5.7M
Gross Margin
Operating Margin
-48.8%
29.2%
Net Margin
-50.1%
23.7%
Revenue YoY
35.9%
5.1%
Net Profit YoY
-29.9%
-7.6%
EPS (diluted)
$-0.75
$0.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BHM
BHM
LCNB
LCNB
Q4 25
$18.9M
$23.9M
Q3 25
$16.6M
$23.8M
Q2 25
$16.8M
$22.8M
Q1 25
$16.4M
$21.5M
Q4 24
$13.9M
$22.7M
Q3 24
$12.7M
$21.4M
Q2 24
$12.5M
$19.3M
Q1 24
$11.2M
$17.8M
Net Profit
BHM
BHM
LCNB
LCNB
Q4 25
$-9.5M
$5.7M
Q3 25
$-10.0M
$6.9M
Q2 25
$-5.8M
$5.9M
Q1 25
$-7.3M
$4.6M
Q4 24
$-7.3M
$6.1M
Q3 24
$3.5M
$4.5M
Q2 24
$-5.2M
$925.0K
Q1 24
$-3.2M
$1.9M
Operating Margin
BHM
BHM
LCNB
LCNB
Q4 25
-48.8%
29.2%
Q3 25
-57.6%
35.6%
Q2 25
-30.9%
31.6%
Q1 25
-42.6%
25.6%
Q4 24
-52.8%
32.9%
Q3 24
27.9%
24.9%
Q2 24
-41.3%
4.9%
Q1 24
-28.4%
12.5%
Net Margin
BHM
BHM
LCNB
LCNB
Q4 25
-50.1%
23.7%
Q3 25
-60.0%
29.1%
Q2 25
-34.7%
26.0%
Q1 25
-44.7%
21.4%
Q4 24
-52.8%
27.0%
Q3 24
27.9%
21.2%
Q2 24
-41.3%
4.8%
Q1 24
-28.4%
10.7%
EPS (diluted)
BHM
BHM
LCNB
LCNB
Q4 25
$-0.75
$0.40
Q3 25
$-0.94
$0.49
Q2 25
$-0.66
$0.41
Q1 25
$-0.67
$0.33
Q4 24
$-0.65
$0.44
Q3 24
$0.24
$0.31
Q2 24
$-0.42
$0.07
Q1 24
$-0.27
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BHM
BHM
LCNB
LCNB
Cash + ST InvestmentsLiquidity on hand
$169.6M
$21.6M
Total DebtLower is stronger
$428.4M
$104.4M
Stockholders' EquityBook value
$128.7M
$273.9M
Total Assets
$1.2B
$2.2B
Debt / EquityLower = less leverage
3.33×
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BHM
BHM
LCNB
LCNB
Q4 25
$169.6M
$21.6M
Q3 25
$2.1M
$35.9M
Q2 25
$4.2M
$49.8M
Q1 25
$3.0M
$37.7M
Q4 24
$115.2M
$35.7M
Q3 24
$155.1M
$39.4M
Q2 24
$116.0M
$34.9M
Q1 24
$92.3M
$33.0M
Total Debt
BHM
BHM
LCNB
LCNB
Q4 25
$428.4M
$104.4M
Q3 25
$415.9M
$104.7M
Q2 25
$338.6M
$105.0M
Q1 25
$336.5M
$104.6M
Q4 24
$373.8M
$155.2M
Q3 24
$122.5M
$155.7M
Q2 24
$119.7M
$162.2M
Q1 24
$120.2M
$162.6M
Stockholders' Equity
BHM
BHM
LCNB
LCNB
Q4 25
$128.7M
$273.9M
Q3 25
$131.7M
$269.9M
Q2 25
$135.3M
$263.5M
Q1 25
$137.1M
$258.7M
Q4 24
$139.1M
$253.0M
Q3 24
$142.9M
$253.2M
Q2 24
$142.5M
$245.2M
Q1 24
$144.5M
$233.7M
Total Assets
BHM
BHM
LCNB
LCNB
Q4 25
$1.2B
$2.2B
Q3 25
$222.1M
$2.2B
Q2 25
$220.3M
$2.3B
Q1 25
$186.2M
$2.3B
Q4 24
$967.0M
$2.3B
Q3 24
$800.8M
$2.3B
Q2 24
$756.2M
$2.4B
Q1 24
$727.4M
$2.3B
Debt / Equity
BHM
BHM
LCNB
LCNB
Q4 25
3.33×
0.38×
Q3 25
3.16×
0.39×
Q2 25
2.50×
0.40×
Q1 25
2.45×
0.40×
Q4 24
2.69×
0.61×
Q3 24
0.86×
0.61×
Q2 24
0.84×
0.66×
Q1 24
0.83×
0.70×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BHM
BHM
LCNB
LCNB
Operating Cash FlowLast quarter
$27.8M
$34.4M
Free Cash FlowOCF − Capex
$10.4M
$33.4M
FCF MarginFCF / Revenue
55.0%
140.2%
Capex IntensityCapex / Revenue
91.8%
4.0%
Cash ConversionOCF / Net Profit
6.08×
TTM Free Cash FlowTrailing 4 quarters
$25.0M
$54.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BHM
BHM
LCNB
LCNB
Q4 25
$27.8M
$34.4M
Q3 25
$13.4M
$14.0M
Q2 25
$13.9M
$5.5M
Q1 25
$951.0K
$2.2M
Q4 24
$9.1M
$93.2M
Q3 24
$1.7M
$11.9M
Q2 24
$1.3M
$54.9M
Q1 24
$1.1M
$-11.9M
Free Cash Flow
BHM
BHM
LCNB
LCNB
Q4 25
$10.4M
$33.4M
Q3 25
$8.7M
$13.7M
Q2 25
$8.8M
$5.2M
Q1 25
$-2.9M
$2.1M
Q4 24
$-253.0K
$89.4M
Q3 24
$-601.0K
$10.5M
Q2 24
$-654.0K
$53.8M
Q1 24
$-630.0K
$-12.8M
FCF Margin
BHM
BHM
LCNB
LCNB
Q4 25
55.0%
140.2%
Q3 25
52.4%
57.4%
Q2 25
52.2%
23.0%
Q1 25
-17.6%
10.0%
Q4 24
-1.8%
394.0%
Q3 24
-4.7%
49.0%
Q2 24
-5.2%
278.6%
Q1 24
-5.6%
-71.8%
Capex Intensity
BHM
BHM
LCNB
LCNB
Q4 25
91.8%
4.0%
Q3 25
28.5%
1.3%
Q2 25
30.3%
1.0%
Q1 25
23.4%
0.3%
Q4 24
66.9%
16.7%
Q3 24
18.0%
6.7%
Q2 24
15.3%
5.9%
Q1 24
15.5%
4.8%
Cash Conversion
BHM
BHM
LCNB
LCNB
Q4 25
6.08×
Q3 25
2.02×
Q2 25
0.92×
Q1 25
0.48×
Q4 24
15.23×
Q3 24
0.47×
2.63×
Q2 24
59.35×
Q1 24
-6.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BHM
BHM

Residential Communities Segment$11.4M61%
Scattered Single Family Homes Segment$7.5M39%

LCNB
LCNB

Segment breakdown not available.

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