vs

Side-by-side financial comparison of LCNB CORP (LCNB) and Spero Therapeutics, Inc. (SPRO). Click either name above to swap in a different company.

LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $12.6M, roughly 1.9× Spero Therapeutics, Inc.). Spero Therapeutics, Inc. runs the higher net margin — 250.7% vs 23.7%, a 227.0% gap on every dollar of revenue. On growth, Spero Therapeutics, Inc. posted the faster year-over-year revenue change (24080.8% vs 5.1%). Over the past eight quarters, Spero Therapeutics, Inc.'s revenue compounded faster (847.7% 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.

LCNB vs SPRO — Head-to-Head

Bigger by revenue
LCNB
LCNB
1.9× larger
LCNB
$23.9M
$12.6M
SPRO
Growing faster (revenue YoY)
SPRO
SPRO
+24075.7% gap
SPRO
24080.8%
5.1%
LCNB
Higher net margin
SPRO
SPRO
227.0% more per $
SPRO
250.7%
23.7%
LCNB
Faster 2-yr revenue CAGR
SPRO
SPRO
Annualised
SPRO
847.7%
15.7%
LCNB

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LCNB
LCNB
SPRO
SPRO
Revenue
$23.9M
$12.6M
Net Profit
$5.7M
$31.5M
Gross Margin
Operating Margin
29.2%
Net Margin
23.7%
250.7%
Revenue YoY
5.1%
24080.8%
Net Profit YoY
-7.6%
250.9%
EPS (diluted)
$0.40
$0.56

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
SPRO
SPRO
Q4 25
$23.9M
$12.6M
Q3 25
$23.8M
$0
Q2 25
$22.8M
$0
Q1 25
$21.5M
$12.0K
Q4 24
$22.7M
$52.0K
Q3 24
$21.4M
$65.0K
Q2 24
$19.3M
$114.0K
Q1 24
$17.8M
$140.0K
Net Profit
LCNB
LCNB
SPRO
SPRO
Q4 25
$5.7M
$31.5M
Q3 25
$6.9M
$-7.4M
Q2 25
$5.9M
$-1.7M
Q1 25
$4.6M
$-13.9M
Q4 24
$6.1M
Q3 24
$4.5M
$-17.1M
Q2 24
$925.0K
$-17.9M
Q1 24
$1.9M
$-12.7M
Operating Margin
LCNB
LCNB
SPRO
SPRO
Q4 25
29.2%
Q3 25
35.6%
Q2 25
31.6%
Q1 25
25.6%
-122758.3%
Q4 24
32.9%
Q3 24
24.9%
-28604.6%
Q2 24
4.9%
-16720.2%
Q1 24
12.5%
-9987.1%
Net Margin
LCNB
LCNB
SPRO
SPRO
Q4 25
23.7%
250.7%
Q3 25
29.1%
Q2 25
26.0%
Q1 25
21.4%
-115550.0%
Q4 24
27.0%
Q3 24
21.2%
-26380.0%
Q2 24
4.8%
-15668.4%
Q1 24
10.7%
-9049.3%
EPS (diluted)
LCNB
LCNB
SPRO
SPRO
Q4 25
$0.40
$0.56
Q3 25
$0.49
$-0.13
Q2 25
$0.41
$-0.03
Q1 25
$0.33
$-0.25
Q4 24
$0.44
Q3 24
$0.31
$-0.32
Q2 24
$0.07
$-0.33
Q1 24
$0.15
$-0.24

Balance Sheet & Financial Strength

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

Metric
LCNB
LCNB
SPRO
SPRO
Cash + ST InvestmentsLiquidity on hand
$21.6M
$40.3M
Total DebtLower is stronger
$104.4M
Stockholders' EquityBook value
$273.9M
$59.0M
Total Assets
$2.2B
$68.9M
Debt / EquityLower = less leverage
0.38×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCNB
LCNB
SPRO
SPRO
Q4 25
$21.6M
$40.3M
Q3 25
$35.9M
$48.6M
Q2 25
$49.8M
$31.2M
Q1 25
$37.7M
$48.9M
Q4 24
$35.7M
$52.9M
Q3 24
$39.4M
$76.3M
Q2 24
$34.9M
$63.5M
Q1 24
$33.0M
$82.3M
Total Debt
LCNB
LCNB
SPRO
SPRO
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
SPRO
SPRO
Q4 25
$273.9M
$59.0M
Q3 25
$269.9M
$26.5M
Q2 25
$263.5M
$32.8M
Q1 25
$258.7M
$33.8M
Q4 24
$253.0M
$46.1M
Q3 24
$253.2M
$65.5M
Q2 24
$245.2M
$80.5M
Q1 24
$233.7M
$96.2M
Total Assets
LCNB
LCNB
SPRO
SPRO
Q4 25
$2.2B
$68.9M
Q3 25
$2.2B
$54.2M
Q2 25
$2.3B
$62.1M
Q1 25
$2.3B
$77.7M
Q4 24
$2.3B
$110.5M
Q3 24
$2.3B
$135.2M
Q2 24
$2.4B
$149.9M
Q1 24
$2.3B
$167.7M
Debt / Equity
LCNB
LCNB
SPRO
SPRO
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
SPRO
SPRO
Operating Cash FlowLast quarter
$34.4M
$-8.4M
Free Cash FlowOCF − Capex
$33.4M
FCF MarginFCF / Revenue
140.2%
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
6.08×
-0.26×
TTM Free Cash FlowTrailing 4 quarters
$54.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LCNB
LCNB
SPRO
SPRO
Q4 25
$34.4M
$-8.4M
Q3 25
$14.0M
$17.4M
Q2 25
$5.5M
$-17.7M
Q1 25
$2.2M
$-4.0M
Q4 24
$93.2M
$-23.4M
Q3 24
$11.9M
$12.8M
Q2 24
$54.9M
$-18.7M
Q1 24
$-11.9M
$5.9M
Free Cash Flow
LCNB
LCNB
SPRO
SPRO
Q4 25
$33.4M
Q3 25
$13.7M
Q2 25
$5.2M
Q1 25
$2.1M
Q4 24
$89.4M
Q3 24
$10.5M
Q2 24
$53.8M
Q1 24
$-12.8M
FCF Margin
LCNB
LCNB
SPRO
SPRO
Q4 25
140.2%
Q3 25
57.4%
Q2 25
23.0%
Q1 25
10.0%
Q4 24
394.0%
Q3 24
49.0%
Q2 24
278.6%
Q1 24
-71.8%
Capex Intensity
LCNB
LCNB
SPRO
SPRO
Q4 25
4.0%
Q3 25
1.3%
Q2 25
1.0%
Q1 25
0.3%
Q4 24
16.7%
Q3 24
6.7%
Q2 24
5.9%
Q1 24
4.8%
Cash Conversion
LCNB
LCNB
SPRO
SPRO
Q4 25
6.08×
-0.26×
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.

Related Comparisons