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Side-by-side financial comparison of LCNB CORP (LCNB) and NextPlat Corp (NXPL). Click either name above to swap in a different company.

LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $12.8M, roughly 1.9× NextPlat Corp). LCNB CORP runs the higher net margin — 23.7% vs -40.2%, a 63.9% gap on every dollar of revenue. On growth, LCNB CORP posted the faster year-over-year revenue change (5.1% vs -21.1%). LCNB CORP produced more free cash flow last quarter ($33.4M vs $-339.0K). Over the past eight quarters, LCNB CORP's revenue compounded faster (15.7% CAGR vs -14.4%).

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.

LCNB vs NXPL — Head-to-Head

Bigger by revenue
LCNB
LCNB
1.9× larger
LCNB
$23.9M
$12.8M
NXPL
Growing faster (revenue YoY)
LCNB
LCNB
+26.2% gap
LCNB
5.1%
-21.1%
NXPL
Higher net margin
LCNB
LCNB
63.9% more per $
LCNB
23.7%
-40.2%
NXPL
More free cash flow
LCNB
LCNB
$33.8M more FCF
LCNB
$33.4M
$-339.0K
NXPL
Faster 2-yr revenue CAGR
LCNB
LCNB
Annualised
LCNB
15.7%
-14.4%
NXPL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LCNB
LCNB
NXPL
NXPL
Revenue
$23.9M
$12.8M
Net Profit
$5.7M
$-5.1M
Gross Margin
14.3%
Operating Margin
29.2%
-28.9%
Net Margin
23.7%
-40.2%
Revenue YoY
5.1%
-21.1%
Net Profit YoY
-7.6%
-70.6%
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
NXPL
NXPL
Q4 25
$23.9M
$12.8M
Q3 25
$23.8M
$13.8M
Q2 25
$22.8M
$13.2M
Q1 25
$21.5M
$14.5M
Q4 24
$22.7M
$16.2M
Q3 24
$21.4M
$15.4M
Q2 24
$19.3M
$17.0M
Q1 24
$17.8M
$17.5M
Net Profit
LCNB
LCNB
NXPL
NXPL
Q4 25
$5.7M
$-5.1M
Q3 25
$6.9M
$-2.2M
Q2 25
$5.9M
$-1.8M
Q1 25
$4.6M
$-1.3M
Q4 24
$6.1M
$-3.0M
Q3 24
$4.5M
$-4.2M
Q2 24
$925.0K
$-5.3M
Q1 24
$1.9M
$-1.5M
Gross Margin
LCNB
LCNB
NXPL
NXPL
Q4 25
14.3%
Q3 25
19.9%
Q2 25
21.8%
Q1 25
23.8%
Q4 24
16.8%
Q3 24
23.2%
Q2 24
34.5%
Q1 24
27.8%
Operating Margin
LCNB
LCNB
NXPL
NXPL
Q4 25
29.2%
-28.9%
Q3 25
35.6%
-14.5%
Q2 25
31.6%
-13.8%
Q1 25
25.6%
-10.2%
Q4 24
32.9%
-14.1%
Q3 24
24.9%
-52.1%
Q2 24
4.9%
-64.1%
Q1 24
12.5%
-10.5%
Net Margin
LCNB
LCNB
NXPL
NXPL
Q4 25
23.7%
-40.2%
Q3 25
29.1%
-15.9%
Q2 25
26.0%
-13.5%
Q1 25
21.4%
-9.2%
Q4 24
27.0%
-18.6%
Q3 24
21.2%
-27.4%
Q2 24
4.8%
-31.3%
Q1 24
10.7%
-8.5%
EPS (diluted)
LCNB
LCNB
NXPL
NXPL
Q4 25
$0.40
Q3 25
$0.49
Q2 25
$0.41
Q1 25
$0.33
$-0.05
Q4 24
$0.44
Q3 24
$0.31
$-0.22
Q2 24
$0.07
Q1 24
$0.15
$-0.08

Balance Sheet & Financial Strength

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

Metric
LCNB
LCNB
NXPL
NXPL
Cash + ST InvestmentsLiquidity on hand
$21.6M
$13.7M
Total DebtLower is stronger
$104.4M
$1.3M
Stockholders' EquityBook value
$273.9M
$17.3M
Total Assets
$2.2B
$27.5M
Debt / EquityLower = less leverage
0.38×
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCNB
LCNB
NXPL
NXPL
Q4 25
$21.6M
$13.7M
Q3 25
$35.9M
$13.9M
Q2 25
$49.8M
$16.6M
Q1 25
$37.7M
$17.7M
Q4 24
$35.7M
$20.0M
Q3 24
$39.4M
$20.4M
Q2 24
$34.9M
$24.9M
Q1 24
$33.0M
$23.5M
Total Debt
LCNB
LCNB
NXPL
NXPL
Q4 25
$104.4M
$1.3M
Q3 25
$104.7M
$1.2M
Q2 25
$105.0M
$1.2M
Q1 25
$104.6M
$1.3M
Q4 24
$155.2M
$1.4M
Q3 24
$155.7M
$1.5M
Q2 24
$162.2M
$1.3M
Q1 24
$162.6M
$1.4M
Stockholders' Equity
LCNB
LCNB
NXPL
NXPL
Q4 25
$273.9M
$17.3M
Q3 25
$269.9M
$21.4M
Q2 25
$263.5M
$23.5M
Q1 25
$258.7M
$25.3M
Q4 24
$253.0M
$27.3M
Q3 24
$253.2M
$22.5M
Q2 24
$245.2M
$26.5M
Q1 24
$233.7M
$31.2M
Total Assets
LCNB
LCNB
NXPL
NXPL
Q4 25
$2.2B
$27.5M
Q3 25
$2.2B
$30.0M
Q2 25
$2.3B
$31.0M
Q1 25
$2.3B
$35.2M
Q4 24
$2.3B
$37.1M
Q3 24
$2.3B
$41.1M
Q2 24
$2.4B
$51.5M
Q1 24
$2.3B
$65.1M
Debt / Equity
LCNB
LCNB
NXPL
NXPL
Q4 25
0.38×
0.07×
Q3 25
0.39×
0.05×
Q2 25
0.40×
0.05×
Q1 25
0.40×
0.05×
Q4 24
0.61×
0.05×
Q3 24
0.61×
0.07×
Q2 24
0.66×
0.05×
Q1 24
0.70×
0.04×

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
NXPL
NXPL
Operating Cash FlowLast quarter
$34.4M
$-302.0K
Free Cash FlowOCF − Capex
$33.4M
$-339.0K
FCF MarginFCF / Revenue
140.2%
-2.6%
Capex IntensityCapex / Revenue
4.0%
0.3%
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
NXPL
NXPL
Q4 25
$34.4M
$-302.0K
Q3 25
$14.0M
$-2.7M
Q2 25
$5.5M
$-1.0M
Q1 25
$2.2M
$-2.1M
Q4 24
$93.2M
$-476.0K
Q3 24
$11.9M
$-4.6M
Q2 24
$54.9M
$2.3M
Q1 24
$-11.9M
$-2.7M
Free Cash Flow
LCNB
LCNB
NXPL
NXPL
Q4 25
$33.4M
$-339.0K
Q3 25
$13.7M
Q2 25
$5.2M
$-1.1M
Q1 25
$2.1M
$-2.1M
Q4 24
$89.4M
$-508.0K
Q3 24
$10.5M
$-4.7M
Q2 24
$53.8M
$2.2M
Q1 24
$-12.8M
$-2.7M
FCF Margin
LCNB
LCNB
NXPL
NXPL
Q4 25
140.2%
-2.6%
Q3 25
57.4%
Q2 25
23.0%
-8.0%
Q1 25
10.0%
-14.3%
Q4 24
394.0%
-3.1%
Q3 24
49.0%
-30.6%
Q2 24
278.6%
13.2%
Q1 24
-71.8%
-15.7%
Capex Intensity
LCNB
LCNB
NXPL
NXPL
Q4 25
4.0%
0.3%
Q3 25
1.3%
0.0%
Q2 25
1.0%
0.1%
Q1 25
0.3%
0.2%
Q4 24
16.7%
0.2%
Q3 24
6.7%
0.6%
Q2 24
5.9%
0.4%
Q1 24
4.8%
0.4%
Cash Conversion
LCNB
LCNB
NXPL
NXPL
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.

NXPL
NXPL

Healthcare Operations$9.0M70%
Ecommerce Revenue$3.8M30%

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