ACNB Q2 net income $9.5M, EPS $1.12; NIM 4.11%; dividend raised 7.7%

ACNB CORP

2023-Q2 EPS reported $2.17

Net income $9.5M, +10.4% YoY; diluted EPS $1.12 vs $0.99 YoY.
FTE net interest margin 4.11%, up 96 bps from 3.15% a year ago.
Total loans $1.57B, +2.75% QoQ; non-performing loans only 0.23% of total loans.
Total deposits $2.0B, down 4.48% QoQ; uninsured/non-collateralized deposits ~18.1%.
Quarterly dividend raised to $0.28/share, payable Sept 15, record Sept 1; +7.7% YoY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ACNB CORP reported the quarter ended June 30, 2023 results: net income $9.5 million, EPS $1.12.

Period: the quarter ended June 30, 2023
Net income: $9.5 million
EPS: $1.12
Result: reported results

Exact text from the filing

ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced financial results for the quarter ended June 30, 2023 with net income of $9.5 million, an increase of $0.9 million or 10.36%, compared to net income of $8.6 million for the three months ended June 30, 2022. For the three months ended June 30, 2023 and 2022, basic and diluted earnings per share were $1.12 and $0.99, respectively

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Source: SEC EDGAR

accession 0000715579-23-000067

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