earnings
confidence high
sentiment neutral
materiality 0.70
ACNB Q3 net income $9M, down 12.4% YoY; dividend increased 7.1% to $0.30/share
ACNB CORP
2023-Q3 EPS reported
$3.23
- Net income $9.0M ($1.06 EPS) vs $10.3M ($1.20 EPS) in Q3 2022, down 12.4% YoY.
- Net interest margin (FTE) improved to 4.01% from 3.60% a year ago, but down from 4.11% prior quarter.
- Total loans grew 2.7% QoQ to $1.62B; non-performing loans low at 0.22%.
- Board declared $0.30 quarterly dividend, a 7.1% increase from $0.28; payable Dec 15.
- Repurchased 46,378 shares for $1.5M during Q3.