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Acnb Corporation  (ACNB)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $35.5600 $1.49 4.373%
Day's High: $35.6369 Week Perf: 2.74 %
Day's Low: $ 34.07 30 Day Perf: -4.38 %
Volume (M): 45 52 Wk High: $ 48.55
Volume (M$): $ 1,593 52 Wk Avg: $35.04
Open: $34.07 52 Wk Low: $27.00



 Market Capitalization (Millions $) 304
 Shares Outstanding (Millions) 9
 Employees 296
 Revenues (TTM) (Millions $) 106
 Net Income (TTM) (Millions $) 32
 Cash Flow (TTM) (Millions $) -102
 Capital Exp. (TTM) (Millions $) 1

Acnb Corporation
ACNB Corporation (the Corporation or ACNB) is financial holding company headquartered in Gettysburg, Pennsylvania. Through its banking and nonbanking subsidiaries, ACNB provides a full range of banking and financial services to individuals and businesses, including commercial and retail banking, trust and investment management, and insurance. ACNBs banking operations are conducted through its primary operating subsidiary, ACNB Bank, with twenty-one retail banking offices in Adams, Cumberland, Franklin and York Counties, Pennsylvania, as well as one loan production office in York County, Pennsylvania. The Corporation was formed in 1982, then became the holding company for Adams County National Bank (now ACNB Bank) in 1983.

ACNBs major source of operating funds is dividends that it receives from its subsidiaries. ACNBs expenses consist principally of losses from low-income housing investments and interest paid on a term loan used to purchase RIG. Dividends that ACNB pays to stockholders consist of dividends declared and paid to ACNB by the subsidiary bank.

ACNB and its subsidiaries are not dependent upon a single customer or a small number of customers, the loss of which would have a material adverse effect on the Corporation. ACNB does not depend on foreign sources of funds, nor does it make foreign loans.

The common stock of ACNB is listed on The NASDAQ Capital Market under the symbol ACNB.

ACNB Bank

ACNB Bank is a full-service commercial bank operating under charter from the Pennsylvania Department of Banking and Securities. The Banks principal market area is Adams County, Pennsylvania, which is located in southcentral Pennsylvania. Adams County depends on agriculture, industry and tourism to provide employment for its residents. No single sector dominates the countys economy.

The main office of the Bank is located at 16 Lincoln Square, Gettysburg, Pennsylvania. In addition to its main office, the Bank had thirteen branches in Adams County, four branches in York County, one branch in Cumberland County, and two branches in Franklin County, as well as a loan production office in York County, Pennsylvania. ACNB Banks service delivery channels for its customers also include the ATM network, Customer Contact Center, and Online, Telephone and Mobile Banking. The Bank is subject to regulation and periodic examination by the Pennsylvania Department of Banking and Securities and the Federal Deposit Insurance Corporation (FDIC). The FDIC, as provided by law, insures the Banks deposits.

Commercial lending includes commercial mortgages, real estate development and construction loans, accounts receivable and inventory financing, and agricultural and governmental loans. Consumer lending programs include home equity loans and lines of credit, automobile and recreational vehicle loans, manufactured housing loans, and personal lines of credit. Mortgage lending programs include personal residential mortgages, residential construction loans, and investment mortgage loans.

A trust is a legal fiduciary agreement whereby the ACNB Bank Trust Department is named as trustee of financial assets. As trustee, the Trust Department invests, protects, manages and distributes financial assets as defined in the agreement. Estate settlement governed by the last will and testament of an individual constitutes another part of the Trust Department business. One purpose of having a will is to name an executor to settle the estate. ACNB Bank has the knowledge and expertise to act as executor. Other services include, but are not limited to, those related to testamentary trusts, life insurance trusts, charitable remainder trusts, guardianships, powers of attorney, custodial accounts, and investment management and advisory accounts.

Russell Insurance Group, Inc.

ACNB Corporations wholly-owned subsidiary, Russell Insurance Group, Inc. (RIG), is a full-service insurance agency that offers a broad range of property and casualty, life, and health insurance to both commercial and individual clients.



   Company Address: 16 Lincoln Square Gettysburg 17325 PA
   Company Phone Number: 334-3161   Stock Exchange / Ticker: NASDAQ ACNB
   


Customers Net Income fell by ACNB's Customers Net Profit Margin fell to

-4.36 %

11.29 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK   -0.33%    
CFG   -2.19%    
FCNCA        2.47% 
FITB   -2.51%    
NTRS        1.27% 
WAL   -1.75%    
• View Complete Report
   



Acnb Corporation

ACNB Corporation Faces Revenue Decline of -25.625% in Fiscal Fourth Quarter of 20232.

ACNB Corporation, the financial holding company for ACNB Bank and ACNB Insurance Services, Inc., has recently released its financial results for the fiscal fourth quarter of 2023, revealing a significant decline in revenue and earnings. The company reported a revenue decline of -25.625%, which led to a drop in earnings by -60.25% during this period. Comparing the results to the previous year, ACNB posted revenue of $21.92 million, a significant decrease from $29.47 million, and earnings per share of $0.48, down from 1.21 in the preceding year.
The decline in revenue and earnings is in stark contrast to the previous quarter, where revenue fell by -21.614% from $27.96 million and profit plummeted by -54.77% from $1.06 per share. Furthermore, earnings for the fiscal fourth quarter of 2023 fell by -59.83% from $10.199 million in the corresponding period a year before. This downward trend in profitability is evident when analyzing the operating and net margins of ACNB Corporation. The operating margin decreased to 21.65%, compared to 43.43% in the fourth quarter of 2022, and the net margin shrank to 18.69%.

Dividend

ACNB Corporation Announces First Quarter Cash Dividend, Demonstrating Growth and Commitment to Shareholders

Published Wed, Jan 24 2024 2:05 PM UTC



ACNB Corporation, a financial holding company for ACNB Bank and ACNB Insurance Services, Inc., recently declared a regular quarterly cash dividend of $0.30 per share of ACNB Corporation common stock. This announcement represents a 7.1% increase compared to the same quarter in 2023, highlighting the company's commitment to rewarding shareholders. Additionally, ACNB ...

Acnb Corporation

ACNB Corporation's EPS Decline in Q3 2023 Signals Potential for Growth in the Regional Banks Sector

Despite ACNB Corporation's disappointing recent numbers, there are still positive aspects to consider in the stock market. While the company experienced a decline in earnings per share (EPS) by -11.67% and a decrease in revenue by -1.431% in the July to September 2023 financial span compared to the previous year, the overall Regional Banks sector saw a 0.67% improvement in revenue during the same period.
Although ACNB Corporation's bottom-line fell by -12.4% to $9.044 million, there are signs of potential growth in the company. The increase in accounts receivable indicates rising demand, potentially leading to higher revenue in the future. Furthermore, ACNB Corporation plans to report its next financial results on March 02, 2024, providing an opportunity for the company to showcase its ability to rebound.
ACNB Corporation remains a financial holding company for ACNB Bank and ACNB Insurance Services, Inc., which adds to its diversification and potential for stability. While the current financial span shows a decrease in profitability with a mitigated operating margin and shrank net margin, it is important to analyze the broader trends and industry sector. The Regional Banks sector as a whole has seen an improvement in revenue, suggesting that ACNB Corporation's recent setbacks may not be indicative of the entire industry.

Dividend

ACNB Corporation Declares Increased Quarterly Cash Dividend, Demonstrating Resilience and Commitment to Shareholders

Published Thu, Oct 19 2023 1:14 PM UTC



ACNB Corporation, a leading financial holding company for ACNB Bank and ACNB Insurance Services, Inc., has recently announced an impressive increase in its regular quarterly cash dividend. The Board of Directors has approved and declared a dividend of $0.30 per share of ACNB Corporation common stock payable on December 15, 2023. This marks the 164th consecutive cas...

Acnb Corporation

ACNB Corporation Skyrockets in Q2 2023: Record Revenue Rise Thrills the Market!

Acnb Corporation, a financial services company operating in the Regional Banks sector, has shown significant improvement in its bottom and top-line performance for the most recent fiscal period. With a year-on-year revenue increase of 9.49% to $28.34 million and a quarter-on-quarter increase of 2.285%, the company has displayed notable growth in its top-line figures. This growth outperforms its contemporaries in the Regional Banks sector, who achieved an average top-line elevation of 4.70% in the same period.
Furthermore, Acnb Corporation has demonstrated an increase in its income per share, with a growth of 13.13% to reach $1.12. Sequentially, the company has improved its income by 5.66%. These numbers highlight the overall positive financial performance of Acnb Corporation and suggest a favorable outlook for the company's profitability.






 

Acnb's Segments
 
 
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Acnb does not provide revenue guidance.

Earnings Outlook
Acnb Corporation does not provide earnings estimates.

 
Geographic Revenue Dispersion




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