SoFi stock falls after announcing $1.5B public offering of common stock
LCNB Corp (NASDAQ:LCNB) CEO Eric J. Meilstrup reported purchasing 500 shares of the company’s common stock at a price of $15.315 on November 19, 2025. The total value of the purchase was $7,657. The regional bank, currently trading at $15.33 with a market capitalization of $217.48 million, offers a substantial 5.77% dividend yield and trades at a P/E ratio of 9.18. According to InvestingPro, LCNB appears slightly undervalued compared to its Fair Value.
Following the transaction, Meilstrup directly owns 45,705 shares of LCNB Corp . The CEO’s purchase comes as the company maintains a "GOOD" financial health score and has maintained dividend payments for 26 consecutive years, one of several InvestingPro Tips available for investors seeking deeper insights into this dividend-paying financial institution.
In other recent news, LCNB Corp. announced several leadership changes as part of its succession plan. Robert Haines II has been appointed as President, with the role now separated from that of CEO. Additionally, Andrew Wallace has been promoted to Chief Financial Officer, Patricia Walter to Chief Risk Officer, and Susan Kelley to Senior Vice President and Chief Accounting Officer. In another development, LCNB Corp. declared a quarterly cash dividend of $0.22 per common share. The dividend will have a record date of September 2, 2025, and is scheduled for payment to shareholders on September 16, 2025. These recent announcements reflect ongoing strategic decisions within the company.
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