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Side-by-side financial comparison of Connect Biopharma Holdings Ltd (CNTB) and LCNB CORP (LCNB). Click either name above to swap in a different company.

Connect Biopharma Holdings Ltd is the larger business by last-quarter revenue ($24.1M vs $23.9M, roughly 1.0× LCNB CORP). Connect Biopharma Holdings Ltd runs the higher net margin — 61.6% vs 23.7%, a 37.9% gap on every dollar of revenue.

Connect Biopharma Holdings Ltd is a clinical-stage global biopharmaceutical company dedicated to developing innovative targeted therapies for inflammatory, immunological and autoimmune diseases. Its core pipeline includes candidate treatments for asthma, atopic dermatitis and other conditions with high unmet medical needs, with main operations across the U.S., China and key global markets to deliver effective therapeutic solutions to patients.

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.

CNTB vs LCNB — Head-to-Head

Bigger by revenue
CNTB
CNTB
1.0× larger
CNTB
$24.1M
$23.9M
LCNB
Higher net margin
CNTB
CNTB
37.9% more per $
CNTB
61.6%
23.7%
LCNB

Income Statement — Q2 FY2024 vs Q4 FY2025

Metric
CNTB
CNTB
LCNB
LCNB
Revenue
$24.1M
$23.9M
Net Profit
$14.8M
$5.7M
Gross Margin
Operating Margin
56.6%
29.2%
Net Margin
61.6%
23.7%
Revenue YoY
5.1%
Net Profit YoY
148.7%
-7.6%
EPS (diluted)
$0.27
$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
CNTB
CNTB
LCNB
LCNB
Q4 25
$23.9M
Q3 25
$23.8M
Q2 25
$22.8M
Q1 25
$21.5M
Q4 24
$22.7M
Q3 24
$21.4M
Q2 24
$24.1M
$19.3M
Q1 24
$17.8M
Net Profit
CNTB
CNTB
LCNB
LCNB
Q4 25
$5.7M
Q3 25
$6.9M
Q2 25
$5.9M
Q1 25
$4.6M
Q4 24
$6.1M
Q3 24
$4.5M
Q2 24
$14.8M
$925.0K
Q1 24
$1.9M
Operating Margin
CNTB
CNTB
LCNB
LCNB
Q4 25
29.2%
Q3 25
35.6%
Q2 25
31.6%
Q1 25
25.6%
Q4 24
32.9%
Q3 24
24.9%
Q2 24
56.6%
4.9%
Q1 24
12.5%
Net Margin
CNTB
CNTB
LCNB
LCNB
Q4 25
23.7%
Q3 25
29.1%
Q2 25
26.0%
Q1 25
21.4%
Q4 24
27.0%
Q3 24
21.2%
Q2 24
61.6%
4.8%
Q1 24
10.7%
EPS (diluted)
CNTB
CNTB
LCNB
LCNB
Q4 25
$0.40
Q3 25
$0.49
Q2 25
$0.41
Q1 25
$0.33
Q4 24
$0.44
Q3 24
$0.31
Q2 24
$0.27
$0.07
Q1 24
$0.15

Balance Sheet & Financial Strength

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

Metric
CNTB
CNTB
LCNB
LCNB
Cash + ST InvestmentsLiquidity on hand
$110.2M
$21.6M
Total DebtLower is stronger
$104.4M
Stockholders' EquityBook value
$110.9M
$273.9M
Total Assets
$120.6M
$2.2B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNTB
CNTB
LCNB
LCNB
Q4 25
$21.6M
Q3 25
$35.9M
Q2 25
$49.8M
Q1 25
$37.7M
Q4 24
$35.7M
Q3 24
$39.4M
Q2 24
$110.2M
$34.9M
Q1 24
$33.0M
Total Debt
CNTB
CNTB
LCNB
LCNB
Q4 25
$104.4M
Q3 25
$104.7M
Q2 25
$105.0M
Q1 25
$104.6M
Q4 24
$155.2M
Q3 24
$155.7M
Q2 24
$162.2M
Q1 24
$162.6M
Stockholders' Equity
CNTB
CNTB
LCNB
LCNB
Q4 25
$273.9M
Q3 25
$269.9M
Q2 25
$263.5M
Q1 25
$258.7M
Q4 24
$253.0M
Q3 24
$253.2M
Q2 24
$110.9M
$245.2M
Q1 24
$233.7M
Total Assets
CNTB
CNTB
LCNB
LCNB
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$120.6M
$2.4B
Q1 24
$2.3B
Debt / Equity
CNTB
CNTB
LCNB
LCNB
Q4 25
0.38×
Q3 25
0.39×
Q2 25
0.40×
Q1 25
0.40×
Q4 24
0.61×
Q3 24
0.61×
Q2 24
0.66×
Q1 24
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
CNTB
CNTB
LCNB
LCNB
Operating Cash FlowLast quarter
$-8.0M
$34.4M
Free Cash FlowOCF − Capex
$33.4M
FCF MarginFCF / Revenue
140.2%
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
-0.54×
6.08×
TTM Free Cash FlowTrailing 4 quarters
$54.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNTB
CNTB
LCNB
LCNB
Q4 25
$34.4M
Q3 25
$14.0M
Q2 25
$5.5M
Q1 25
$2.2M
Q4 24
$93.2M
Q3 24
$11.9M
Q2 24
$-8.0M
$54.9M
Q1 24
$-11.9M
Free Cash Flow
CNTB
CNTB
LCNB
LCNB
Q4 25
$33.4M
Q3 25
$13.7M
Q2 25
$5.2M
Q1 25
$2.1M
Q4 24
$89.4M
Q3 24
$10.5M
Q2 24
$53.8M
Q1 24
$-12.8M
FCF Margin
CNTB
CNTB
LCNB
LCNB
Q4 25
140.2%
Q3 25
57.4%
Q2 25
23.0%
Q1 25
10.0%
Q4 24
394.0%
Q3 24
49.0%
Q2 24
278.6%
Q1 24
-71.8%
Capex Intensity
CNTB
CNTB
LCNB
LCNB
Q4 25
4.0%
Q3 25
1.3%
Q2 25
1.0%
Q1 25
0.3%
Q4 24
16.7%
Q3 24
6.7%
Q2 24
5.9%
Q1 24
4.8%
Cash Conversion
CNTB
CNTB
LCNB
LCNB
Q4 25
6.08×
Q3 25
2.02×
Q2 25
0.92×
Q1 25
0.48×
Q4 24
15.23×
Q3 24
2.63×
Q2 24
-0.54×
59.35×
Q1 24
-6.24×

Financial Flow Comparison

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

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