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Side-by-side financial comparison of Castellum, Inc. (CTM) 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 $12.6M, roughly 1.9× Castellum, Inc.). LCNB CORP runs the higher net margin — 23.7% vs -10.5%, a 34.2% gap on every dollar of revenue. On growth, Castellum, Inc. posted the faster year-over-year revenue change (21.9% vs 5.1%). Over the past eight quarters, LCNB CORP's revenue compounded faster (15.7% CAGR vs 5.3%).

Castellum, Inc. is a U.S.-based cybersecurity and information technology services provider. It caters to government defense agencies, public sector entities, and commercial enterprise clients, offering threat detection, data protection, cloud security, and managed IT solutions to help organizations mitigate cyber risks and safeguard critical digital infrastructure.

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.

CTM vs LCNB — Head-to-Head

Bigger by revenue
LCNB
LCNB
1.9× larger
LCNB
$23.9M
$12.6M
CTM
Growing faster (revenue YoY)
CTM
CTM
+16.8% gap
CTM
21.9%
5.1%
LCNB
Higher net margin
LCNB
LCNB
34.2% more per $
LCNB
23.7%
-10.5%
CTM
Faster 2-yr revenue CAGR
LCNB
LCNB
Annualised
LCNB
15.7%
5.3%
CTM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CTM
CTM
LCNB
LCNB
Revenue
$12.6M
$23.9M
Net Profit
$-1.3M
$5.7M
Gross Margin
33.9%
Operating Margin
-11.1%
29.2%
Net Margin
-10.5%
23.7%
Revenue YoY
21.9%
5.1%
Net Profit YoY
51.8%
-7.6%
EPS (diluted)
$-0.02
$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
CTM
CTM
LCNB
LCNB
Q4 25
$12.6M
$23.9M
Q3 25
$14.6M
$23.8M
Q2 25
$14.0M
$22.8M
Q1 25
$11.7M
$21.5M
Q4 24
$10.3M
$22.7M
Q3 24
$11.6M
$21.4M
Q2 24
$11.5M
$19.3M
Q1 24
$11.3M
$17.8M
Net Profit
CTM
CTM
LCNB
LCNB
Q4 25
$-1.3M
$5.7M
Q3 25
$415.4K
$6.9M
Q2 25
$-322.1K
$5.9M
Q1 25
$-1.2M
$4.6M
Q4 24
$-2.7M
$6.1M
Q3 24
$-1.3M
$4.5M
Q2 24
$-1.8M
$925.0K
Q1 24
$-4.1M
$1.9M
Gross Margin
CTM
CTM
LCNB
LCNB
Q4 25
33.9%
Q3 25
37.6%
Q2 25
36.1%
Q1 25
39.0%
Q4 24
40.0%
Q3 24
42.7%
Q2 24
40.6%
Q1 24
39.8%
Operating Margin
CTM
CTM
LCNB
LCNB
Q4 25
-11.1%
29.2%
Q3 25
3.0%
35.6%
Q2 25
-2.7%
31.6%
Q1 25
-12.7%
25.6%
Q4 24
-15.7%
32.9%
Q3 24
-11.9%
24.9%
Q2 24
-13.6%
4.9%
Q1 24
-23.6%
12.5%
Net Margin
CTM
CTM
LCNB
LCNB
Q4 25
-10.5%
23.7%
Q3 25
2.8%
29.1%
Q2 25
-2.3%
26.0%
Q1 25
-10.0%
21.4%
Q4 24
-26.6%
27.0%
Q3 24
-11.0%
21.2%
Q2 24
-16.0%
4.8%
Q1 24
-36.3%
10.7%
EPS (diluted)
CTM
CTM
LCNB
LCNB
Q4 25
$-0.02
$0.40
Q3 25
$0.00
$0.49
Q2 25
$0.00
$0.41
Q1 25
$-0.01
$0.33
Q4 24
$-0.05
$0.44
Q3 24
$-0.02
$0.31
Q2 24
$-0.03
$0.07
Q1 24
$-0.08
$0.15

Balance Sheet & Financial Strength

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

Metric
CTM
CTM
LCNB
LCNB
Cash + ST InvestmentsLiquidity on hand
$21.6M
Total DebtLower is stronger
$104.4M
Stockholders' EquityBook value
$35.8M
$273.9M
Total Assets
$41.9M
$2.2B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CTM
CTM
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
$34.9M
Q1 24
$33.0M
Total Debt
CTM
CTM
LCNB
LCNB
Q4 25
$104.4M
Q3 25
$104.7M
Q2 25
$105.0M
Q1 25
$104.6M
Q4 24
$8.0M
$155.2M
Q3 24
$8.3M
$155.7M
Q2 24
$8.7M
$162.2M
Q1 24
$9.0M
$162.6M
Stockholders' Equity
CTM
CTM
LCNB
LCNB
Q4 25
$35.8M
$273.9M
Q3 25
$36.7M
$269.9M
Q2 25
$31.8M
$263.5M
Q1 25
$26.1M
$258.7M
Q4 24
$20.2M
$253.0M
Q3 24
$12.0M
$253.2M
Q2 24
$12.1M
$245.2M
Q1 24
$12.8M
$233.7M
Total Assets
CTM
CTM
LCNB
LCNB
Q4 25
$41.9M
$2.2B
Q3 25
$46.3M
$2.2B
Q2 25
$43.4M
$2.3B
Q1 25
$41.1M
$2.3B
Q4 24
$37.8M
$2.3B
Q3 24
$28.8M
$2.3B
Q2 24
$29.5M
$2.4B
Q1 24
$30.5M
$2.3B
Debt / Equity
CTM
CTM
LCNB
LCNB
Q4 25
0.38×
Q3 25
0.39×
Q2 25
0.40×
Q1 25
0.40×
Q4 24
0.40×
0.61×
Q3 24
0.69×
0.61×
Q2 24
0.72×
0.66×
Q1 24
0.70×
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
CTM
CTM
LCNB
LCNB
Operating Cash FlowLast quarter
$-661.7K
$34.4M
Free Cash FlowOCF − Capex
$33.4M
FCF MarginFCF / Revenue
140.2%
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
6.08×
TTM Free Cash FlowTrailing 4 quarters
$54.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CTM
CTM
LCNB
LCNB
Q4 25
$-661.7K
$34.4M
Q3 25
$1.0M
$14.0M
Q2 25
$214.2K
$5.5M
Q1 25
$-2.5M
$2.2M
Q4 24
$-394.4K
$93.2M
Q3 24
$742.2K
$11.9M
Q2 24
$748.6K
$54.9M
Q1 24
$23.7K
$-11.9M
Free Cash Flow
CTM
CTM
LCNB
LCNB
Q4 25
$33.4M
Q3 25
$957.0K
$13.7M
Q2 25
$5.2M
Q1 25
$2.1M
Q4 24
$89.4M
Q3 24
$738.9K
$10.5M
Q2 24
$53.8M
Q1 24
$-12.8M
FCF Margin
CTM
CTM
LCNB
LCNB
Q4 25
140.2%
Q3 25
6.5%
57.4%
Q2 25
23.0%
Q1 25
10.0%
Q4 24
394.0%
Q3 24
6.4%
49.0%
Q2 24
278.6%
Q1 24
-71.8%
Capex Intensity
CTM
CTM
LCNB
LCNB
Q4 25
4.0%
Q3 25
0.3%
1.3%
Q2 25
1.0%
Q1 25
0.3%
Q4 24
0.0%
16.7%
Q3 24
0.0%
6.7%
Q2 24
0.0%
5.9%
Q1 24
0.0%
4.8%
Cash Conversion
CTM
CTM
LCNB
LCNB
Q4 25
6.08×
Q3 25
2.41×
2.02×
Q2 25
0.92×
Q1 25
0.48×
Q4 24
15.23×
Q3 24
2.63×
Q2 24
59.35×
Q1 24
-6.24×

Financial Flow Comparison

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

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