vs

Side-by-side financial comparison of Cue Biopharma, Inc. (CUE) 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 $21.9M, roughly 1.1× Cue Biopharma, Inc.). LCNB CORP runs the higher net margin — 23.7% vs 7.2%, a 16.5% gap on every dollar of revenue. On growth, Cue Biopharma, Inc. posted the faster year-over-year revenue change (1292.3% vs 5.1%). Over the past eight quarters, Cue Biopharma, Inc.'s revenue compounded faster (257.5% CAGR vs 15.7%).

Cue Biopharma is a clinical-stage biotechnology company focused on developing novel targeted immunotherapies for cancer, autoimmune disorders, and inflammatory diseases. Its proprietary platform enables precise T-cell activity modulation, with core operations in North America and global pharma partnerships to advance lead product candidates through clinical trials.

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.

CUE vs LCNB — Head-to-Head

Bigger by revenue
LCNB
LCNB
1.1× larger
LCNB
$23.9M
$21.9M
CUE
Growing faster (revenue YoY)
CUE
CUE
+1287.2% gap
CUE
1292.3%
5.1%
LCNB
Higher net margin
LCNB
LCNB
16.5% more per $
LCNB
23.7%
7.2%
CUE
Faster 2-yr revenue CAGR
CUE
CUE
Annualised
CUE
257.5%
15.7%
LCNB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CUE
CUE
LCNB
LCNB
Revenue
$21.9M
$23.9M
Net Profit
$1.6M
$5.7M
Gross Margin
Operating Margin
9.0%
29.2%
Net Margin
7.2%
23.7%
Revenue YoY
1292.3%
5.1%
Net Profit YoY
116.7%
-7.6%
EPS (diluted)
$0.05
$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
CUE
CUE
LCNB
LCNB
Q4 25
$21.9M
$23.9M
Q3 25
$2.1M
$23.8M
Q2 25
$3.0M
$22.8M
Q1 25
$421.0K
$21.5M
Q4 24
$1.6M
$22.7M
Q3 24
$3.3M
$21.4M
Q2 24
$2.7M
$19.3M
Q1 24
$1.7M
$17.8M
Net Profit
CUE
CUE
LCNB
LCNB
Q4 25
$1.6M
$5.7M
Q3 25
$-7.4M
$6.9M
Q2 25
$-8.5M
$5.9M
Q1 25
$-12.3M
$4.6M
Q4 24
$6.1M
Q3 24
$-8.7M
$4.5M
Q2 24
$-10.2M
$925.0K
Q1 24
$-12.3M
$1.9M
Operating Margin
CUE
CUE
LCNB
LCNB
Q4 25
9.0%
29.2%
Q3 25
-353.4%
35.6%
Q2 25
-292.3%
31.6%
Q1 25
-2921.4%
25.6%
Q4 24
32.9%
Q3 24
-264.2%
24.9%
Q2 24
-390.6%
4.9%
Q1 24
-737.8%
12.5%
Net Margin
CUE
CUE
LCNB
LCNB
Q4 25
7.2%
23.7%
Q3 25
-346.6%
29.1%
Q2 25
-287.1%
26.0%
Q1 25
-2911.4%
21.4%
Q4 24
27.0%
Q3 24
-259.6%
21.2%
Q2 24
-382.7%
4.8%
Q1 24
-719.1%
10.7%
EPS (diluted)
CUE
CUE
LCNB
LCNB
Q4 25
$0.05
$0.40
Q3 25
$-0.07
$0.49
Q2 25
$-0.09
$0.41
Q1 25
$-0.17
$0.33
Q4 24
$0.44
Q3 24
$-0.17
$0.31
Q2 24
$-0.20
$0.07
Q1 24
$-0.25
$0.15

Balance Sheet & Financial Strength

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

Metric
CUE
CUE
LCNB
LCNB
Cash + ST InvestmentsLiquidity on hand
$27.1M
$21.6M
Total DebtLower is stronger
$104.4M
Stockholders' EquityBook value
$26.4M
$273.9M
Total Assets
$42.2M
$2.2B
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CUE
CUE
LCNB
LCNB
Q4 25
$27.1M
$21.6M
Q3 25
$11.7M
$35.9M
Q2 25
$27.5M
$49.8M
Q1 25
$13.1M
$37.7M
Q4 24
$22.5M
$35.7M
Q3 24
$32.4M
$39.4M
Q2 24
$30.0M
$34.9M
Q1 24
$41.0M
$33.0M
Total Debt
CUE
CUE
LCNB
LCNB
Q4 25
$104.4M
Q3 25
$104.7M
Q2 25
$105.0M
Q1 25
$104.6M
Q4 24
$155.2M
Q3 24
$1.0M
$155.7M
Q2 24
$2.0M
$162.2M
Q1 24
$3.0M
$162.6M
Stockholders' Equity
CUE
CUE
LCNB
LCNB
Q4 25
$26.4M
$273.9M
Q3 25
$13.2M
$269.9M
Q2 25
$18.2M
$263.5M
Q1 25
$6.6M
$258.7M
Q4 24
$17.5M
$253.0M
Q3 24
$25.4M
$253.2M
Q2 24
$21.6M
$245.2M
Q1 24
$30.0M
$233.7M
Total Assets
CUE
CUE
LCNB
LCNB
Q4 25
$42.2M
$2.2B
Q3 25
$31.6M
$2.2B
Q2 25
$40.7M
$2.3B
Q1 25
$22.3M
$2.3B
Q4 24
$32.2M
$2.3B
Q3 24
$44.8M
$2.3B
Q2 24
$42.3M
$2.4B
Q1 24
$54.0M
$2.3B
Debt / Equity
CUE
CUE
LCNB
LCNB
Q4 25
0.38×
Q3 25
0.39×
Q2 25
0.40×
Q1 25
0.40×
Q4 24
0.61×
Q3 24
0.04×
0.61×
Q2 24
0.09×
0.66×
Q1 24
0.10×
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
CUE
CUE
LCNB
LCNB
Operating Cash FlowLast quarter
$-1.1M
$34.4M
Free Cash FlowOCF − Capex
$33.4M
FCF MarginFCF / Revenue
140.2%
Capex IntensityCapex / Revenue
0.0%
4.0%
Cash ConversionOCF / Net Profit
-0.68×
6.08×
TTM Free Cash FlowTrailing 4 quarters
$54.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CUE
CUE
LCNB
LCNB
Q4 25
$-1.1M
$34.4M
Q3 25
$-9.0M
$14.0M
Q2 25
$-3.4M
$5.5M
Q1 25
$-8.2M
$2.2M
Q4 24
$-36.3M
$93.2M
Q3 24
$-7.5M
$11.9M
Q2 24
$-10.0M
$54.9M
Q1 24
$-9.8M
$-11.9M
Free Cash Flow
CUE
CUE
LCNB
LCNB
Q4 25
$33.4M
Q3 25
$13.7M
Q2 25
$-3.4M
$5.2M
Q1 25
$-8.3M
$2.1M
Q4 24
$-36.4M
$89.4M
Q3 24
$-7.5M
$10.5M
Q2 24
$-10.0M
$53.8M
Q1 24
$-9.8M
$-12.8M
FCF Margin
CUE
CUE
LCNB
LCNB
Q4 25
140.2%
Q3 25
57.4%
Q2 25
-116.5%
23.0%
Q1 25
-1976.7%
10.0%
Q4 24
-2309.3%
394.0%
Q3 24
-225.7%
49.0%
Q2 24
-376.2%
278.6%
Q1 24
-573.0%
-71.8%
Capex Intensity
CUE
CUE
LCNB
LCNB
Q4 25
0.0%
4.0%
Q3 25
0.0%
1.3%
Q2 25
0.9%
1.0%
Q1 25
35.6%
0.3%
Q4 24
4.2%
16.7%
Q3 24
0.0%
6.7%
Q2 24
0.4%
5.9%
Q1 24
3.2%
4.8%
Cash Conversion
CUE
CUE
LCNB
LCNB
Q4 25
-0.68×
6.08×
Q3 25
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.

Revenue Breakdown by Segment

CUE
CUE

Immuno Scape Collaboration And License Agreement$9.5M43%
BI Collaboration And License Agreement$8.1M37%
Other$4.3M20%

LCNB
LCNB

Segment breakdown not available.

Related Comparisons