vs

Side-by-side financial comparison of LCNB CORP (LCNB) and Village Farms International, Inc. (VFF). Click either name above to swap in a different company.

LCNB CORP is the larger business by last-quarter revenue ($23.9M vs $12.2M, roughly 2.0× Village Farms International, Inc.). LCNB CORP runs the higher net margin — 23.7% vs 19.9%, a 3.8% gap on every dollar of revenue. On growth, Village Farms International, Inc. posted the faster year-over-year revenue change (31.5% vs 5.1%).

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.

Grafton Village Cheese Company is a cheesemaker in the town of Grafton in the U.S. state of Vermont. The company produces hand-crafted aged cheddar cheese.

LCNB vs VFF — Head-to-Head

Bigger by revenue
LCNB
LCNB
2.0× larger
LCNB
$23.9M
$12.2M
VFF
Growing faster (revenue YoY)
VFF
VFF
+26.4% gap
VFF
31.5%
5.1%
LCNB
Higher net margin
LCNB
LCNB
3.8% more per $
LCNB
23.7%
19.9%
VFF

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
LCNB
LCNB
VFF
VFF
Revenue
$23.9M
$12.2M
Net Profit
$5.7M
$2.4M
Gross Margin
Operating Margin
29.2%
Net Margin
23.7%
19.9%
Revenue YoY
5.1%
31.5%
Net Profit YoY
-7.6%
128.2%
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
VFF
VFF
Q4 25
$23.9M
$12.2M
Q3 25
$23.8M
$66.7M
Q2 25
$22.8M
$59.9M
Q1 25
$21.5M
$77.1M
Q4 24
$22.7M
Q3 24
$21.4M
$54.9M
Q2 24
$19.3M
$53.6M
Q1 24
$17.8M
$78.1M
Net Profit
LCNB
LCNB
VFF
VFF
Q4 25
$5.7M
$2.4M
Q3 25
$6.9M
$10.2M
Q2 25
$5.9M
$26.5M
Q1 25
$4.6M
$-6.7M
Q4 24
$6.1M
Q3 24
$4.5M
$-820.0K
Q2 24
$925.0K
$-23.5M
Q1 24
$1.9M
$-2.9M
Gross Margin
LCNB
LCNB
VFF
VFF
Q4 25
Q3 25
47.9%
Q2 25
37.3%
Q1 25
14.7%
Q4 24
Q3 24
24.8%
Q2 24
25.4%
Q1 24
19.9%
Operating Margin
LCNB
LCNB
VFF
VFF
Q4 25
29.2%
Q3 25
35.6%
23.3%
Q2 25
31.6%
20.8%
Q1 25
25.6%
-8.0%
Q4 24
32.9%
Q3 24
24.9%
3.8%
Q2 24
4.9%
-43.5%
Q1 24
12.5%
-3.0%
Net Margin
LCNB
LCNB
VFF
VFF
Q4 25
23.7%
19.9%
Q3 25
29.1%
15.3%
Q2 25
26.0%
44.2%
Q1 25
21.4%
-8.7%
Q4 24
27.0%
Q3 24
21.2%
-1.5%
Q2 24
4.8%
-43.9%
Q1 24
10.7%
-3.7%
EPS (diluted)
LCNB
LCNB
VFF
VFF
Q4 25
$0.40
$0.01
Q3 25
$0.49
$0.08
Q2 25
$0.41
$0.24
Q1 25
$0.33
$-0.06
Q4 24
$0.44
Q3 24
$0.31
$-0.01
Q2 24
$0.07
$-0.21
Q1 24
$0.15
$-0.03

Balance Sheet & Financial Strength

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

Metric
LCNB
LCNB
VFF
VFF
Cash + ST InvestmentsLiquidity on hand
$21.6M
$81.2M
Total DebtLower is stronger
$104.4M
$33.7M
Stockholders' EquityBook value
$273.9M
$299.9M
Total Assets
$2.2B
$423.1M
Debt / EquityLower = less leverage
0.38×
0.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LCNB
LCNB
VFF
VFF
Q4 25
$21.6M
$81.2M
Q3 25
$35.9M
$82.6M
Q2 25
$49.8M
$60.0M
Q1 25
$37.7M
$15.1M
Q4 24
$35.7M
Q3 24
$39.4M
$28.7M
Q2 24
$34.9M
$29.7M
Q1 24
$33.0M
$26.7M
Total Debt
LCNB
LCNB
VFF
VFF
Q4 25
$104.4M
$33.7M
Q3 25
$104.7M
$34.6M
Q2 25
$105.0M
$39.1M
Q1 25
$104.6M
$39.2M
Q4 24
$155.2M
Q3 24
$155.7M
$43.3M
Q2 24
$162.2M
$44.4M
Q1 24
$162.6M
$46.1M
Stockholders' Equity
LCNB
LCNB
VFF
VFF
Q4 25
$273.9M
$299.9M
Q3 25
$269.9M
$295.4M
Q2 25
$263.5M
$284.3M
Q1 25
$258.7M
$248.3M
Q4 24
$253.0M
Q3 24
$253.2M
$274.4M
Q2 24
$245.2M
$275.2M
Q1 24
$233.7M
$296.2M
Total Assets
LCNB
LCNB
VFF
VFF
Q4 25
$2.2B
$423.1M
Q3 25
$2.2B
$418.4M
Q2 25
$2.3B
$403.7M
Q1 25
$2.3B
$377.1M
Q4 24
$2.3B
Q3 24
$2.3B
$417.8M
Q2 24
$2.4B
$425.4M
Q1 24
$2.3B
$458.4M
Debt / Equity
LCNB
LCNB
VFF
VFF
Q4 25
0.38×
0.11×
Q3 25
0.39×
0.12×
Q2 25
0.40×
0.14×
Q1 25
0.40×
0.16×
Q4 24
0.61×
Q3 24
0.61×
0.16×
Q2 24
0.66×
0.16×
Q1 24
0.70×
0.16×

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
VFF
VFF
Operating Cash FlowLast quarter
$34.4M
Free Cash FlowOCF − Capex
$33.4M
FCF MarginFCF / Revenue
140.2%
Capex IntensityCapex / Revenue
4.0%
90.8%
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
VFF
VFF
Q4 25
$34.4M
Q3 25
$14.0M
$24.4M
Q2 25
$5.5M
Q1 25
$2.2M
$-6.4M
Q4 24
$93.2M
Q3 24
$11.9M
$4.3M
Q2 24
$54.9M
$5.7M
Q1 24
$-11.9M
$-50.0K
Free Cash Flow
LCNB
LCNB
VFF
VFF
Q4 25
$33.4M
Q3 25
$13.7M
$22.6M
Q2 25
$5.2M
Q1 25
$2.1M
$-8.9M
Q4 24
$89.4M
Q3 24
$10.5M
$1.5M
Q2 24
$53.8M
$4.8M
Q1 24
$-12.8M
$-1.9M
FCF Margin
LCNB
LCNB
VFF
VFF
Q4 25
140.2%
Q3 25
57.4%
33.9%
Q2 25
23.0%
Q1 25
10.0%
-11.6%
Q4 24
394.0%
Q3 24
49.0%
2.7%
Q2 24
278.6%
9.0%
Q1 24
-71.8%
-2.5%
Capex Intensity
LCNB
LCNB
VFF
VFF
Q4 25
4.0%
90.8%
Q3 25
1.3%
2.7%
Q2 25
1.0%
4.6%
Q1 25
0.3%
3.3%
Q4 24
16.7%
Q3 24
6.7%
5.1%
Q2 24
5.9%
1.6%
Q1 24
4.8%
2.4%
Cash Conversion
LCNB
LCNB
VFF
VFF
Q4 25
6.08×
Q3 25
2.02×
2.39×
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.

VFF
VFF

International Sales$8.7M71%
Cannabis United States Segment$3.4M27%

Related Comparisons