vs

Side-by-side financial comparison of Fortress Biotech, Inc. (FBIO) 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 $16.1M, roughly 1.5× Fortress Biotech, Inc.). LCNB CORP runs the higher net margin — 23.7% vs -24.5%, a 48.2% gap on every dollar of revenue. On growth, Fortress Biotech, Inc. posted the faster year-over-year revenue change (6.3% vs 5.1%). Over the past eight quarters, LCNB CORP's revenue compounded faster (15.7% CAGR vs 11.0%).

Fortress Biotech Inc., commonly known as Fortress Bio, is a biopharmaceutical company that acquires, develops, and commercializes innovative pharmaceutical and biotechnology products. Led by CEO Lindsay A. Rosenwald, M.D., Fortress and most of its subsidiary companies are headquartered in Bay Harbor Islands, Florida.

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.

FBIO vs LCNB — Head-to-Head

Bigger by revenue
LCNB
LCNB
1.5× larger
LCNB
$23.9M
$16.1M
FBIO
Growing faster (revenue YoY)
FBIO
FBIO
+1.2% gap
FBIO
6.3%
5.1%
LCNB
Higher net margin
LCNB
LCNB
48.2% more per $
LCNB
23.7%
-24.5%
FBIO
Faster 2-yr revenue CAGR
LCNB
LCNB
Annualised
LCNB
15.7%
11.0%
FBIO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FBIO
FBIO
LCNB
LCNB
Revenue
$16.1M
$23.9M
Net Profit
$-3.9M
$5.7M
Gross Margin
66.1%
Operating Margin
-28.8%
29.2%
Net Margin
-24.5%
23.7%
Revenue YoY
6.3%
5.1%
Net Profit YoY
41.8%
-7.6%
EPS (diluted)
$-0.15
$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
FBIO
FBIO
LCNB
LCNB
Q4 25
$16.1M
$23.9M
Q3 25
$17.6M
$23.8M
Q2 25
$16.4M
$22.8M
Q1 25
$13.1M
$21.5M
Q4 24
$15.1M
$22.7M
Q3 24
$14.6M
$21.4M
Q2 24
$14.9M
$19.3M
Q1 24
$13.0M
$17.8M
Net Profit
FBIO
FBIO
LCNB
LCNB
Q4 25
$-3.9M
$5.7M
Q3 25
$5.8M
$6.9M
Q2 25
$15.5M
$5.9M
Q1 25
$-10.6M
$4.6M
Q4 24
$-6.8M
$6.1M
Q3 24
$-12.9M
$4.5M
Q2 24
$-10.9M
$925.0K
Q1 24
$-15.4M
$1.9M
Gross Margin
FBIO
FBIO
LCNB
LCNB
Q4 25
66.1%
Q3 25
67.4%
Q2 25
69.9%
Q1 25
63.5%
Q4 24
69.1%
Q3 24
69.4%
Q2 24
61.6%
Q1 24
53.9%
Operating Margin
FBIO
FBIO
LCNB
LCNB
Q4 25
-28.8%
29.2%
Q3 25
-38.6%
35.6%
Q2 25
-222.2%
31.6%
Q1 25
-169.9%
25.6%
Q4 24
-158.3%
32.9%
Q3 24
-151.0%
24.9%
Q2 24
-186.5%
4.9%
Q1 24
-280.6%
12.5%
Net Margin
FBIO
FBIO
LCNB
LCNB
Q4 25
-24.5%
23.7%
Q3 25
33.2%
29.1%
Q2 25
94.4%
26.0%
Q1 25
-80.6%
21.4%
Q4 24
-44.7%
27.0%
Q3 24
-88.0%
21.2%
Q2 24
-73.5%
4.8%
Q1 24
-118.3%
10.7%
EPS (diluted)
FBIO
FBIO
LCNB
LCNB
Q4 25
$-0.15
$0.40
Q3 25
$0.11
$0.49
Q2 25
$0.45
$0.41
Q1 25
$-0.48
$0.33
Q4 24
$-0.16
$0.44
Q3 24
$-0.76
$0.31
Q2 24
$-0.73
$0.07
Q1 24
$-1.04
$0.15

Balance Sheet & Financial Strength

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

Metric
FBIO
FBIO
LCNB
LCNB
Cash + ST InvestmentsLiquidity on hand
$79.4M
$21.6M
Total DebtLower is stronger
$52.4M
$104.4M
Stockholders' EquityBook value
$49.9M
$273.9M
Total Assets
$185.5M
$2.2B
Debt / EquityLower = less leverage
1.05×
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FBIO
FBIO
LCNB
LCNB
Q4 25
$79.4M
$21.6M
Q3 25
$86.2M
$35.9M
Q2 25
$74.4M
$49.8M
Q1 25
$91.3M
$37.7M
Q4 24
$57.3M
$35.7M
Q3 24
$58.9M
$39.4M
Q2 24
$76.2M
$34.9M
Q1 24
$83.8M
$33.0M
Total Debt
FBIO
FBIO
LCNB
LCNB
Q4 25
$52.4M
$104.4M
Q3 25
$47.8M
$104.7M
Q2 25
$50.0M
$105.0M
Q1 25
$56.4M
$104.6M
Q4 24
$58.0M
$155.2M
Q3 24
$52.5M
$155.7M
Q2 24
$67.0M
$162.2M
Q1 24
$61.4M
$162.6M
Stockholders' Equity
FBIO
FBIO
LCNB
LCNB
Q4 25
$49.9M
$273.9M
Q3 25
$55.9M
$269.9M
Q2 25
$43.9M
$263.5M
Q1 25
$22.3M
$258.7M
Q4 24
$22.7M
$253.0M
Q3 24
$21.2M
$253.2M
Q2 24
$17.9M
$245.2M
Q1 24
$23.0M
$233.7M
Total Assets
FBIO
FBIO
LCNB
LCNB
Q4 25
$185.5M
$2.2B
Q3 25
$181.4M
$2.2B
Q2 25
$159.9M
$2.3B
Q1 25
$178.1M
$2.3B
Q4 24
$144.2M
$2.3B
Q3 24
$127.1M
$2.3B
Q2 24
$145.7M
$2.4B
Q1 24
$164.6M
$2.3B
Debt / Equity
FBIO
FBIO
LCNB
LCNB
Q4 25
1.05×
0.38×
Q3 25
0.86×
0.39×
Q2 25
1.14×
0.40×
Q1 25
2.53×
0.40×
Q4 24
2.55×
0.61×
Q3 24
2.48×
0.61×
Q2 24
3.75×
0.66×
Q1 24
2.67×
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
FBIO
FBIO
LCNB
LCNB
Operating Cash FlowLast quarter
$-12.5M
$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
FBIO
FBIO
LCNB
LCNB
Q4 25
$-12.5M
$34.4M
Q3 25
$-6.1M
$14.0M
Q2 25
$-27.6M
$5.5M
Q1 25
$-19.6M
$2.2M
Q4 24
$-12.9M
$93.2M
Q3 24
$-20.1M
$11.9M
Q2 24
$-21.8M
$54.9M
Q1 24
$-25.4M
$-11.9M
Free Cash Flow
FBIO
FBIO
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
FBIO
FBIO
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
FBIO
FBIO
LCNB
LCNB
Q4 25
4.0%
Q3 25
1.3%
Q2 25
1.0%
Q1 25
0.3%
Q4 24
16.7%
Q3 24
0.0%
6.7%
Q2 24
5.9%
Q1 24
4.8%
Cash Conversion
FBIO
FBIO
LCNB
LCNB
Q4 25
6.08×
Q3 25
-1.04×
2.02×
Q2 25
-1.78×
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.

Related Comparisons