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Side-by-side financial comparison of LCNB CORP (LCNB) and R F INDUSTRIES LTD (RFIL). Click either name above to swap in a different company.

LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $22.7M, roughly 1.1× R F INDUSTRIES LTD). LCNB CORP runs the higher net margin — 23.7% vs 0.8%, a 22.9% gap on every dollar of revenue. On growth, R F INDUSTRIES LTD posted the faster year-over-year revenue change (22.9% vs 5.1%). LCNB CORP produced more free cash flow last quarter ($33.4M vs $2.0M). Over the past eight quarters, R F INDUSTRIES LTD's revenue compounded faster (29.8% 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.

Tootsie Roll Industries is an American manufacturer of confectionery based in Chicago, Illinois. Its best-known products include the namesake Tootsie Rolls and Tootsie Pops. Tootsie Roll Industries currently markets its brands internationally in Canada, Mexico, and over 75 other countries.

LCNB vs RFIL — Head-to-Head

Bigger by revenue
LCNB
LCNB
1.1× larger
LCNB
$23.9M
$22.7M
RFIL
Growing faster (revenue YoY)
RFIL
RFIL
+17.8% gap
RFIL
22.9%
5.1%
LCNB
Higher net margin
LCNB
LCNB
22.9% more per $
LCNB
23.7%
0.8%
RFIL
More free cash flow
LCNB
LCNB
$31.4M more FCF
LCNB
$33.4M
$2.0M
RFIL
Faster 2-yr revenue CAGR
RFIL
RFIL
Annualised
RFIL
29.8%
15.7%
LCNB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LCNB
LCNB
RFIL
RFIL
Revenue
$23.9M
$22.7M
Net Profit
$5.7M
$173.0K
Gross Margin
36.8%
Operating Margin
29.2%
4.0%
Net Margin
23.7%
0.8%
Revenue YoY
5.1%
22.9%
Net Profit YoY
-7.6%
172.7%
EPS (diluted)
$0.40
$0.01

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
RFIL
RFIL
Q4 25
$23.9M
$22.7M
Q3 25
$23.8M
$19.8M
Q2 25
$22.8M
$18.9M
Q1 25
$21.5M
$19.2M
Q4 24
$22.7M
$18.5M
Q3 24
$21.4M
$16.8M
Q2 24
$19.3M
$16.1M
Q1 24
$17.8M
$13.5M
Net Profit
LCNB
LCNB
RFIL
RFIL
Q4 25
$5.7M
$173.0K
Q3 25
$6.9M
$392.0K
Q2 25
$5.9M
$-245.0K
Q1 25
$4.6M
$-245.0K
Q4 24
$6.1M
$-238.0K
Q3 24
$4.5M
$-705.0K
Q2 24
$925.0K
$-4.3M
Q1 24
$1.9M
$-1.4M
Gross Margin
LCNB
LCNB
RFIL
RFIL
Q4 25
36.8%
Q3 25
34.0%
Q2 25
31.5%
Q1 25
29.8%
Q4 24
31.3%
Q3 24
29.5%
Q2 24
29.9%
Q1 24
24.5%
Operating Margin
LCNB
LCNB
RFIL
RFIL
Q4 25
29.2%
4.0%
Q3 25
35.6%
3.6%
Q2 25
31.6%
0.6%
Q1 25
25.6%
0.3%
Q4 24
32.9%
0.5%
Q3 24
24.9%
-2.5%
Q2 24
4.9%
-2.6%
Q1 24
12.5%
-15.5%
Net Margin
LCNB
LCNB
RFIL
RFIL
Q4 25
23.7%
0.8%
Q3 25
29.1%
2.0%
Q2 25
26.0%
-1.3%
Q1 25
21.4%
-1.3%
Q4 24
27.0%
-1.3%
Q3 24
21.2%
-4.2%
Q2 24
4.8%
-26.7%
Q1 24
10.7%
-10.1%
EPS (diluted)
LCNB
LCNB
RFIL
RFIL
Q4 25
$0.40
$0.01
Q3 25
$0.49
$0.04
Q2 25
$0.41
$-0.02
Q1 25
$0.33
$-0.02
Q4 24
$0.44
$-0.02
Q3 24
$0.31
$-0.07
Q2 24
$0.07
$-0.41
Q1 24
$0.15
$-0.13

Balance Sheet & Financial Strength

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

Metric
LCNB
LCNB
RFIL
RFIL
Cash + ST InvestmentsLiquidity on hand
$21.6M
$5.1M
Total DebtLower is stronger
$104.4M
Stockholders' EquityBook value
$273.9M
$35.2M
Total Assets
$2.2B
$73.0M
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCNB
LCNB
RFIL
RFIL
Q4 25
$21.6M
$5.1M
Q3 25
$35.9M
$3.0M
Q2 25
$49.8M
$3.6M
Q1 25
$37.7M
$1.3M
Q4 24
$35.7M
$839.0K
Q3 24
$39.4M
$1.8M
Q2 24
$34.9M
$1.4M
Q1 24
$33.0M
$4.5M
Total Debt
LCNB
LCNB
RFIL
RFIL
Q4 25
$104.4M
Q3 25
$104.7M
Q2 25
$105.0M
Q1 25
$104.6M
Q4 24
$155.2M
Q3 24
$155.7M
Q2 24
$162.2M
Q1 24
$162.6M
Stockholders' Equity
LCNB
LCNB
RFIL
RFIL
Q4 25
$273.9M
$35.2M
Q3 25
$269.9M
$34.8M
Q2 25
$263.5M
$34.2M
Q1 25
$258.7M
$34.2M
Q4 24
$253.0M
$34.1M
Q3 24
$253.2M
$34.1M
Q2 24
$245.2M
$34.6M
Q1 24
$233.7M
$38.7M
Total Assets
LCNB
LCNB
RFIL
RFIL
Q4 25
$2.2B
$73.0M
Q3 25
$2.2B
$73.2M
Q2 25
$2.3B
$72.7M
Q1 25
$2.3B
$70.4M
Q4 24
$2.3B
$71.0M
Q3 24
$2.3B
$71.9M
Q2 24
$2.4B
$72.8M
Q1 24
$2.3B
$79.1M
Debt / Equity
LCNB
LCNB
RFIL
RFIL
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
LCNB
LCNB
RFIL
RFIL
Operating Cash FlowLast quarter
$34.4M
$2.1M
Free Cash FlowOCF − Capex
$33.4M
$2.0M
FCF MarginFCF / Revenue
140.2%
9.0%
Capex IntensityCapex / Revenue
4.0%
0.3%
Cash ConversionOCF / Net Profit
6.08×
12.13×
TTM Free Cash FlowTrailing 4 quarters
$54.5M
$4.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCNB
LCNB
RFIL
RFIL
Q4 25
$34.4M
$2.1M
Q3 25
$14.0M
$-311.0K
Q2 25
$5.5M
$2.2M
Q1 25
$2.2M
$601.0K
Q4 24
$93.2M
$-244.0K
Q3 24
$11.9M
$2.4M
Q2 24
$54.9M
$197.0K
Q1 24
$-11.9M
$840.0K
Free Cash Flow
LCNB
LCNB
RFIL
RFIL
Q4 25
$33.4M
$2.0M
Q3 25
$13.7M
$-419.0K
Q2 25
$5.2M
$2.2M
Q1 25
$2.1M
$574.0K
Q4 24
$89.4M
$-418.0K
Q3 24
$10.5M
$2.1M
Q2 24
$53.8M
$28.0K
Q1 24
$-12.8M
$697.0K
FCF Margin
LCNB
LCNB
RFIL
RFIL
Q4 25
140.2%
9.0%
Q3 25
57.4%
-2.1%
Q2 25
23.0%
11.4%
Q1 25
10.0%
3.0%
Q4 24
394.0%
-2.3%
Q3 24
49.0%
12.6%
Q2 24
278.6%
0.2%
Q1 24
-71.8%
5.2%
Capex Intensity
LCNB
LCNB
RFIL
RFIL
Q4 25
4.0%
0.3%
Q3 25
1.3%
0.5%
Q2 25
1.0%
0.2%
Q1 25
0.3%
0.1%
Q4 24
16.7%
0.9%
Q3 24
6.7%
1.5%
Q2 24
5.9%
1.0%
Q1 24
4.8%
1.1%
Cash Conversion
LCNB
LCNB
RFIL
RFIL
Q4 25
6.08×
12.13×
Q3 25
2.02×
-0.79×
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.

RFIL
RFIL

US$20.9M92%
Non Us$1.8M8%

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