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Side-by-side financial comparison of LCNB CORP (LCNB) and Local Bounti Corporation (LOCL). Click either name above to swap in a different company.
LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $12.5M, roughly 1.9× Local Bounti Corporation). LCNB CORP runs the higher net margin — 23.7% vs -69.8%, a 93.5% gap on every dollar of revenue. On growth, Local Bounti Corporation posted the faster year-over-year revenue change (23.7% vs 5.1%). LCNB CORP produced more free cash flow last quarter ($33.4M vs $-3.6M). Over the past eight quarters, Local Bounti Corporation's revenue compounded faster (21.9% CAGR vs 15.7%).
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.
Local Bounti Corporation is a U.S.-based sustainable indoor agriculture firm growing fresh, pesticide-free leafy greens, herbs and produce via advanced hydroponic and vertical farming tech. It serves North American retail and food service partners, focusing on low environmental impact and stable year-round supply.
LCNB vs LOCL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $23.9M | $12.5M |
| Net Profit | $5.7M | $-8.7M |
| Gross Margin | — | 12.2% |
| Operating Margin | 29.2% | -106.1% |
| Net Margin | 23.7% | -69.8% |
| Revenue YoY | 5.1% | 23.7% |
| Net Profit YoY | -7.6% | 76.0% |
| EPS (diluted) | $0.40 | $1.52 |
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.
| Q4 25 | $23.9M | $12.5M | ||
| Q3 25 | $23.8M | $12.2M | ||
| Q2 25 | $22.8M | $12.1M | ||
| Q1 25 | $21.5M | $11.6M | ||
| Q4 24 | $22.7M | $10.1M | ||
| Q3 24 | $21.4M | $10.2M | ||
| Q2 24 | $19.3M | $9.4M | ||
| Q1 24 | $17.8M | $8.4M |
| Q4 25 | $5.7M | $-8.7M | ||
| Q3 25 | $6.9M | $-26.4M | ||
| Q2 25 | $5.9M | $-21.6M | ||
| Q1 25 | $4.6M | $-37.7M | ||
| Q4 24 | $6.1M | $-36.3M | ||
| Q3 24 | $4.5M | $-34.3M | ||
| Q2 24 | $925.0K | $-25.3M | ||
| Q1 24 | $1.9M | $-24.1M |
| Q4 25 | — | 12.2% | ||
| Q3 25 | — | 11.5% | ||
| Q2 25 | — | 12.2% | ||
| Q1 25 | — | 12.6% | ||
| Q4 24 | — | 5.4% | ||
| Q3 24 | — | 13.8% | ||
| Q2 24 | — | 14.3% | ||
| Q1 24 | — | 9.4% |
| Q4 25 | 29.2% | -106.1% | ||
| Q3 25 | 35.6% | -149.4% | ||
| Q2 25 | 31.6% | -127.7% | ||
| Q1 25 | 25.6% | -135.6% | ||
| Q4 24 | 32.9% | -166.6% | ||
| Q3 24 | 24.9% | -176.0% | ||
| Q2 24 | 4.9% | -146.8% | ||
| Q1 24 | 12.5% | -122.9% |
| Q4 25 | 23.7% | -69.8% | ||
| Q3 25 | 29.1% | -216.6% | ||
| Q2 25 | 26.0% | -178.3% | ||
| Q1 25 | 21.4% | -324.6% | ||
| Q4 24 | 27.0% | -360.1% | ||
| Q3 24 | 21.2% | -335.2% | ||
| Q2 24 | 4.8% | -267.6% | ||
| Q1 24 | 10.7% | -286.9% |
| Q4 25 | $0.40 | $1.52 | ||
| Q3 25 | $0.49 | $-1.18 | ||
| Q2 25 | $0.41 | $-1.63 | ||
| Q1 25 | $0.33 | $-4.32 | ||
| Q4 24 | $0.44 | $-4.24 | ||
| Q3 24 | $0.31 | $-4.01 | ||
| Q2 24 | $0.07 | $-3.00 | ||
| Q1 24 | $0.15 | $-2.89 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $21.6M | $4.2M |
| Total DebtLower is stronger | $104.4M | $483.1M |
| Stockholders' EquityBook value | $273.9M | $-166.2M |
| Total Assets | $2.2B | $410.5M |
| Debt / EquityLower = less leverage | 0.38× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $21.6M | $4.2M | ||
| Q3 25 | $35.9M | $6.2M | ||
| Q2 25 | $49.8M | $5.3M | ||
| Q1 25 | $37.7M | $18.0M | ||
| Q4 24 | $35.7M | $937.0K | ||
| Q3 24 | $39.4M | $317.0K | ||
| Q2 24 | $34.9M | $9.7M | ||
| Q1 24 | $33.0M | $8.2M |
| Q4 25 | $104.4M | $483.1M | ||
| Q3 25 | $104.7M | $484.9M | ||
| Q2 25 | $105.0M | $478.3M | ||
| Q1 25 | $104.6M | $480.0M | ||
| Q4 24 | $155.2M | $436.8M | ||
| Q3 24 | $155.7M | $398.4M | ||
| Q2 24 | $162.2M | $374.0M | ||
| Q1 24 | $162.6M | $329.8M |
| Q4 25 | $273.9M | $-166.2M | ||
| Q3 25 | $269.9M | $-158.1M | ||
| Q2 25 | $263.5M | $-132.7M | ||
| Q1 25 | $258.7M | $-134.5M | ||
| Q4 24 | $253.0M | $-100.5M | ||
| Q3 24 | $253.2M | $-65.6M | ||
| Q2 24 | $245.2M | $-32.8M | ||
| Q1 24 | $233.7M | $-9.4M |
| Q4 25 | $2.2B | $410.5M | ||
| Q3 25 | $2.2B | $417.8M | ||
| Q2 25 | $2.3B | $426.8M | ||
| Q1 25 | $2.3B | $447.2M | ||
| Q4 24 | $2.3B | $428.0M | ||
| Q3 24 | $2.3B | $430.8M | ||
| Q2 24 | $2.4B | $438.1M | ||
| Q1 24 | $2.3B | $413.4M |
| 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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $34.4M | $-3.1M |
| Free Cash FlowOCF − Capex | $33.4M | $-3.6M |
| FCF MarginFCF / Revenue | 140.2% | -29.1% |
| Capex IntensityCapex / Revenue | 4.0% | 3.9% |
| Cash ConversionOCF / Net Profit | 6.08× | — |
| TTM Free Cash FlowTrailing 4 quarters | $54.5M | $-42.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.4M | $-3.1M | ||
| Q3 25 | $14.0M | $-8.9M | ||
| Q2 25 | $5.5M | $-8.7M | ||
| Q1 25 | $2.2M | $-9.6M | ||
| Q4 24 | $93.2M | $1.2M | ||
| Q3 24 | $11.9M | $-17.2M | ||
| Q2 24 | $54.9M | $-4.0M | ||
| Q1 24 | $-11.9M | $-7.1M |
| Q4 25 | $33.4M | $-3.6M | ||
| Q3 25 | $13.7M | $-10.1M | ||
| Q2 25 | $5.2M | $-14.6M | ||
| Q1 25 | $2.1M | $-14.5M | ||
| Q4 24 | $89.4M | $-8.6M | ||
| Q3 24 | $10.5M | $-30.0M | ||
| Q2 24 | $53.8M | $-28.8M | ||
| Q1 24 | $-12.8M | $-42.1M |
| Q4 25 | 140.2% | -29.1% | ||
| Q3 25 | 57.4% | -82.8% | ||
| Q2 25 | 23.0% | -121.0% | ||
| Q1 25 | 10.0% | -125.1% | ||
| Q4 24 | 394.0% | -85.3% | ||
| Q3 24 | 49.0% | -293.1% | ||
| Q2 24 | 278.6% | -305.4% | ||
| Q1 24 | -71.8% | -501.8% |
| Q4 25 | 4.0% | 3.9% | ||
| Q3 25 | 1.3% | 9.7% | ||
| Q2 25 | 1.0% | 48.9% | ||
| Q1 25 | 0.3% | 42.8% | ||
| Q4 24 | 16.7% | 97.6% | ||
| Q3 24 | 6.7% | 125.0% | ||
| Q2 24 | 5.9% | 263.0% | ||
| Q1 24 | 4.8% | 417.3% |
| 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 | 59.35× | — | ||
| Q1 24 | -6.24× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.