COMP <GO>

LCNB vs V // FREE CASH FLOW YIELD

LCNB Corporation (NASDAQ) VS. Visa Inc. (NYSE) • 15-METRIC TALLY: LCNB 3 — V 4

▲ FREE CASH FLOW YIELD LEADER: LCNB

LAST: $20.00 (+1.42%) • MKT CAP: $281.1M

fcf-yield

11.77%

LAST: $425.51 (+2.88%) • MKT CAP: $738.98B

fcf-yield

2.90%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (LCNB VS. V) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	LCNB	V	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	8.40%	32.30%	-23.90	V	/roic <GO>
EV/EBITDA & P/E Valuation	—	28.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield ACTIVE	11.77%	2.90%	+8.87	LCNB	/fcf-yield <GO>
Operating Margin	—	60.00%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	50.10%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	11.30%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	4.39%	0.63%	+3.76	LCNB	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	9.09	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	5/9	9/9	-4.00	V	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	57.4	67.7	-10.30	V	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.06	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	11.4x	34.0x	-22.60	LCNB	/forward-pe <GO>
Enterprise Scale & Market Cap	$281.1M	$738.98B	-$738.70B	V	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	LCNB REV	V REV	LCNB GROSS %	V GROSS %	LCNB FCF	V FCF
FY 2025	$941.1M	$40.00B	—	—	$33.4M	$21.26B
FY 2024	$969.1M	$35.93B	—	—	$89.4M	$18.33B
FY 2023	$88.8M	$32.65B	—	—	$23.4M	$19.29B

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

LCNB // BETA —

V // BETA 1.06