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
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Customers Net Income fell by |
ACNB's Customers Net Profit Margin fell to |
-4.36 % |
11.29 %
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Stock Performances by Major Competitors |
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Acnb Corporation
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%.
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Dividend
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 ...
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Acnb Corporation
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.
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Dividend
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...
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Acnb Corporation
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.
|
Per Share |
Current |
Earnings (TTM) |
3.72 $ |
Revenues (TTM) |
12.4 $
|
Cash Flow (TTM) |
- |
Cash |
59.8 $
|
Book Value |
32.48 $
|
Dividend (TTM) |
1.14 $ |
|
Per Share |
|
Earnings (TTM) |
3.72 $
|
Revenues (TTM) |
12.4 $ |
Cash Flow (TTM) |
- |
Cash |
59.8 $
|
Book Value |
32.48 $ |
Dividend (TTM) |
1.14 $ |
|
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