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Side-by-side financial comparison of LCNB CORP (LCNB) and ROCKWELL MEDICAL, INC. (RMTI). Click either name above to swap in a different company.

LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $18.3M, roughly 1.3× ROCKWELL MEDICAL, INC.). LCNB CORP runs the higher net margin — 23.7% vs -3.0%, a 26.7% gap on every dollar of revenue. On growth, LCNB CORP posted the faster year-over-year revenue change (5.1% vs -25.6%). LCNB CORP produced more free cash flow last quarter ($33.4M vs $2.2M). Over the past eight quarters, LCNB CORP's revenue compounded faster (15.7% CAGR vs -10.1%).

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.

Rockwell Medical Inc. is a publicly traded pharmaceutical company based in Wixom, Michigan and founded in 1996 that focuses on development and commercialization of treatments against diseases such as end-stage renal disease (ESRD) and chronic kidney disease (CKD).

LCNB vs RMTI — Head-to-Head

Bigger by revenue
LCNB
LCNB
1.3× larger
LCNB
$23.9M
$18.3M
RMTI
Growing faster (revenue YoY)
LCNB
LCNB
+30.7% gap
LCNB
5.1%
-25.6%
RMTI
Higher net margin
LCNB
LCNB
26.7% more per $
LCNB
23.7%
-3.0%
RMTI
More free cash flow
LCNB
LCNB
$31.2M more FCF
LCNB
$33.4M
$2.2M
RMTI
Faster 2-yr revenue CAGR
LCNB
LCNB
Annualised
LCNB
15.7%
-10.1%
RMTI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LCNB
LCNB
RMTI
RMTI
Revenue
$23.9M
$18.3M
Net Profit
$5.7M
$-554.0K
Gross Margin
21.1%
Operating Margin
29.2%
-2.2%
Net Margin
23.7%
-3.0%
Revenue YoY
5.1%
-25.6%
Net Profit YoY
-7.6%
26.7%
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
RMTI
RMTI
Q4 25
$23.9M
$18.3M
Q3 25
$23.8M
$15.9M
Q2 25
$22.8M
$16.1M
Q1 25
$21.5M
$18.9M
Q4 24
$22.7M
$24.7M
Q3 24
$21.4M
$28.3M
Q2 24
$19.3M
$25.8M
Q1 24
$17.8M
$22.7M
Net Profit
LCNB
LCNB
RMTI
RMTI
Q4 25
$5.7M
$-554.0K
Q3 25
$6.9M
$-1.8M
Q2 25
$5.9M
$-1.5M
Q1 25
$4.6M
$-1.5M
Q4 24
$6.1M
$-756.0K
Q3 24
$4.5M
$1.7M
Q2 24
$925.0K
$343.0K
Q1 24
$1.9M
$-1.7M
Gross Margin
LCNB
LCNB
RMTI
RMTI
Q4 25
21.1%
Q3 25
14.3%
Q2 25
15.6%
Q1 25
16.1%
Q4 24
14.7%
Q3 24
22.0%
Q2 24
17.6%
Q1 24
13.5%
Operating Margin
LCNB
LCNB
RMTI
RMTI
Q4 25
29.2%
-2.2%
Q3 25
35.6%
-9.9%
Q2 25
31.6%
-8.4%
Q1 25
25.6%
-7.2%
Q4 24
32.9%
-2.1%
Q3 24
24.9%
6.8%
Q2 24
4.9%
2.0%
Q1 24
12.5%
-5.8%
Net Margin
LCNB
LCNB
RMTI
RMTI
Q4 25
23.7%
-3.0%
Q3 25
29.1%
-11.0%
Q2 25
26.0%
-9.3%
Q1 25
21.4%
-8.0%
Q4 24
27.0%
-3.1%
Q3 24
21.2%
5.9%
Q2 24
4.8%
1.3%
Q1 24
10.7%
-7.6%
EPS (diluted)
LCNB
LCNB
RMTI
RMTI
Q4 25
$0.40
$-0.01
Q3 25
$0.49
$-0.05
Q2 25
$0.41
$-0.05
Q1 25
$0.33
$-0.04
Q4 24
$0.44
$-0.02
Q3 24
$0.31
$0.04
Q2 24
$0.07
$0.01
Q1 24
$0.15
$-0.06

Balance Sheet & Financial Strength

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

Metric
LCNB
LCNB
RMTI
RMTI
Cash + ST InvestmentsLiquidity on hand
$21.6M
$10.7M
Total DebtLower is stronger
$104.4M
Stockholders' EquityBook value
$273.9M
$37.0M
Total Assets
$2.2B
$57.1M
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCNB
LCNB
RMTI
RMTI
Q4 25
$21.6M
$10.7M
Q3 25
$35.9M
$13.6M
Q2 25
$49.8M
$12.5M
Q1 25
$37.7M
$11.4M
Q4 24
$35.7M
$15.7M
Q3 24
$39.4M
$12.3M
Q2 24
$34.9M
$11.9M
Q1 24
$33.0M
$6.6M
Total Debt
LCNB
LCNB
RMTI
RMTI
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
RMTI
RMTI
Q4 25
$273.9M
$37.0M
Q3 25
$269.9M
$37.0M
Q2 25
$263.5M
$30.4M
Q1 25
$258.7M
$31.5M
Q4 24
$253.0M
$32.6M
Q3 24
$253.2M
$29.1M
Q2 24
$245.2M
$23.5M
Q1 24
$233.7M
$20.6M
Total Assets
LCNB
LCNB
RMTI
RMTI
Q4 25
$2.2B
$57.1M
Q3 25
$2.2B
$57.5M
Q2 25
$2.3B
$52.6M
Q1 25
$2.3B
$54.0M
Q4 24
$2.3B
$59.2M
Q3 24
$2.3B
$57.1M
Q2 24
$2.4B
$53.0M
Q1 24
$2.3B
$50.7M
Debt / Equity
LCNB
LCNB
RMTI
RMTI
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
RMTI
RMTI
Operating Cash FlowLast quarter
$34.4M
$2.3M
Free Cash FlowOCF − Capex
$33.4M
$2.2M
FCF MarginFCF / Revenue
140.2%
12.0%
Capex IntensityCapex / Revenue
4.0%
0.5%
Cash ConversionOCF / Net Profit
6.08×
TTM Free Cash FlowTrailing 4 quarters
$54.5M
$-1.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCNB
LCNB
RMTI
RMTI
Q4 25
$34.4M
$2.3M
Q3 25
$14.0M
$-1.3M
Q2 25
$5.5M
$1.8M
Q1 25
$2.2M
$-3.5M
Q4 24
$93.2M
$865.0K
Q3 24
$11.9M
$4.3M
Q2 24
$54.9M
$1.4M
Q1 24
$-11.9M
$-2.4M
Free Cash Flow
LCNB
LCNB
RMTI
RMTI
Q4 25
$33.4M
$2.2M
Q3 25
$13.7M
$-1.5M
Q2 25
$5.2M
$1.7M
Q1 25
$2.1M
$-3.5M
Q4 24
$89.4M
$470.0K
Q3 24
$10.5M
$4.1M
Q2 24
$53.8M
$1.2M
Q1 24
$-12.8M
$-2.5M
FCF Margin
LCNB
LCNB
RMTI
RMTI
Q4 25
140.2%
12.0%
Q3 25
57.4%
-9.6%
Q2 25
23.0%
10.5%
Q1 25
10.0%
-18.8%
Q4 24
394.0%
1.9%
Q3 24
49.0%
14.4%
Q2 24
278.6%
4.5%
Q1 24
-71.8%
-11.1%
Capex Intensity
LCNB
LCNB
RMTI
RMTI
Q4 25
4.0%
0.5%
Q3 25
1.3%
1.4%
Q2 25
1.0%
1.0%
Q1 25
0.3%
0.3%
Q4 24
16.7%
1.6%
Q3 24
6.7%
0.7%
Q2 24
5.9%
1.1%
Q1 24
4.8%
0.6%
Cash Conversion
LCNB
LCNB
RMTI
RMTI
Q4 25
6.08×
Q3 25
2.02×
Q2 25
0.92×
Q1 25
0.48×
Q4 24
15.23×
Q3 24
2.63×
2.57×
Q2 24
59.35×
4.20×
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.

RMTI
RMTI

US$15.9M87%
Non Us$2.4M13%

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