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Side-by-side financial comparison of LCNB CORP (LCNB) and Medirom Healthcare Technologies Inc. (MRM). Click either name above to swap in a different company.

LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $21.1M, roughly 1.1× Medirom Healthcare Technologies Inc.). LCNB CORP runs the higher net margin — 23.7% vs -21.3%, a 45.0% gap on every dollar of revenue. LCNB CORP produced more free cash flow last quarter ($33.4M vs $-2.4K).

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.

Medirom Healthcare Technologies Inc. develops and delivers integrated digital health and remote patient monitoring solutions targeted at chronic disease management, post-operative care, and senior health support. It serves healthcare providers, insurance payers, and institutional care partners across key markets in North America and the Asia-Pacific region, prioritizing accessible, data-driven care to improve patient outcomes.

LCNB vs MRM — Head-to-Head

Bigger by revenue
LCNB
LCNB
1.1× larger
LCNB
$23.9M
$21.1M
MRM
Higher net margin
LCNB
LCNB
45.0% more per $
LCNB
23.7%
-21.3%
MRM
More free cash flow
LCNB
LCNB
$33.4M more FCF
LCNB
$33.4M
$-2.4K
MRM

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
LCNB
LCNB
MRM
MRM
Revenue
$23.9M
$21.1M
Net Profit
$5.7M
$-4.5M
Gross Margin
10.8%
Operating Margin
29.2%
-28.5%
Net Margin
23.7%
-21.3%
Revenue YoY
5.1%
Net Profit YoY
-7.6%
EPS (diluted)
$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
LCNB
LCNB
MRM
MRM
Q4 25
$23.9M
Q3 25
$23.8M
Q2 25
$22.8M
$21.1M
Q1 25
$21.5M
Q4 24
$22.7M
Q3 24
$21.4M
Q2 24
$19.3M
Q1 24
$17.8M
Net Profit
LCNB
LCNB
MRM
MRM
Q4 25
$5.7M
Q3 25
$6.9M
Q2 25
$5.9M
$-4.5M
Q1 25
$4.6M
Q4 24
$6.1M
Q3 24
$4.5M
Q2 24
$925.0K
Q1 24
$1.9M
Gross Margin
LCNB
LCNB
MRM
MRM
Q4 25
Q3 25
Q2 25
10.8%
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
LCNB
LCNB
MRM
MRM
Q4 25
29.2%
Q3 25
35.6%
Q2 25
31.6%
-28.5%
Q1 25
25.6%
Q4 24
32.9%
Q3 24
24.9%
Q2 24
4.9%
Q1 24
12.5%
Net Margin
LCNB
LCNB
MRM
MRM
Q4 25
23.7%
Q3 25
29.1%
Q2 25
26.0%
-21.3%
Q1 25
21.4%
Q4 24
27.0%
Q3 24
21.2%
Q2 24
4.8%
Q1 24
10.7%
EPS (diluted)
LCNB
LCNB
MRM
MRM
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
$0.07
Q1 24
$0.15

Balance Sheet & Financial Strength

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

Metric
LCNB
LCNB
MRM
MRM
Cash + ST InvestmentsLiquidity on hand
$21.6M
$252.3K
Total DebtLower is stronger
$104.4M
$8.8M
Stockholders' EquityBook value
$273.9M
$1.6M
Total Assets
$2.2B
$52.0M
Debt / EquityLower = less leverage
0.38×
5.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCNB
LCNB
MRM
MRM
Q4 25
$21.6M
Q3 25
$35.9M
Q2 25
$49.8M
$252.3K
Q1 25
$37.7M
Q4 24
$35.7M
Q3 24
$39.4M
Q2 24
$34.9M
Q1 24
$33.0M
Total Debt
LCNB
LCNB
MRM
MRM
Q4 25
$104.4M
Q3 25
$104.7M
Q2 25
$105.0M
$8.8M
Q1 25
$104.6M
Q4 24
$155.2M
Q3 24
$155.7M
Q2 24
$162.2M
Q1 24
$162.6M
Stockholders' Equity
LCNB
LCNB
MRM
MRM
Q4 25
$273.9M
Q3 25
$269.9M
Q2 25
$263.5M
$1.6M
Q1 25
$258.7M
Q4 24
$253.0M
Q3 24
$253.2M
Q2 24
$245.2M
Q1 24
$233.7M
Total Assets
LCNB
LCNB
MRM
MRM
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.3B
$52.0M
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.4B
Q1 24
$2.3B
Debt / Equity
LCNB
LCNB
MRM
MRM
Q4 25
0.38×
Q3 25
0.39×
Q2 25
0.40×
5.55×
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
LCNB
LCNB
MRM
MRM
Operating Cash FlowLast quarter
$34.4M
$-2.3K
Free Cash FlowOCF − Capex
$33.4M
$-2.4K
FCF MarginFCF / Revenue
140.2%
-0.0%
Capex IntensityCapex / Revenue
4.0%
0.0%
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
LCNB
LCNB
MRM
MRM
Q4 25
$34.4M
Q3 25
$14.0M
Q2 25
$5.5M
$-2.3K
Q1 25
$2.2M
Q4 24
$93.2M
Q3 24
$11.9M
Q2 24
$54.9M
Q1 24
$-11.9M
Free Cash Flow
LCNB
LCNB
MRM
MRM
Q4 25
$33.4M
Q3 25
$13.7M
Q2 25
$5.2M
$-2.4K
Q1 25
$2.1M
Q4 24
$89.4M
Q3 24
$10.5M
Q2 24
$53.8M
Q1 24
$-12.8M
FCF Margin
LCNB
LCNB
MRM
MRM
Q4 25
140.2%
Q3 25
57.4%
Q2 25
23.0%
-0.0%
Q1 25
10.0%
Q4 24
394.0%
Q3 24
49.0%
Q2 24
278.6%
Q1 24
-71.8%
Capex Intensity
LCNB
LCNB
MRM
MRM
Q4 25
4.0%
Q3 25
1.3%
Q2 25
1.0%
0.0%
Q1 25
0.3%
Q4 24
16.7%
Q3 24
6.7%
Q2 24
5.9%
Q1 24
4.8%
Cash Conversion
LCNB
LCNB
MRM
MRM
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.

Revenue Breakdown by Segment

LCNB
LCNB

Segment breakdown not available.

MRM
MRM

Professional services expense$20.0M95%
Other$1.1M5%

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