earnings
confidence high
sentiment neutral
materiality 0.65
ACNB Q1 net income $6.8M ($0.80 EPS), down 24% YoY; dividend raised 14.2% to $0.32/share
ACNB CORP
2024-Q1 EPS reported
$0.80
revenue$31,641,000
- Net income $6.8M, diluted EPS $0.80 vs $1.06 YoY; sequentially up from $4.1M ($0.48) in Q4 2023.
- FTE net interest margin 3.77% vs 4.22% YoY; total loans $1.66B (+8.7% YoY).
- Nonperforming loans / total loans 0.24%; net charge-offs 0.00% annualized.
- Quarterly cash dividend raised 14.2% to $0.32/share, payable June 14 to holders of record May 31.
- Tangible common equity/Tangible assets 9.61%; net unrealized loss on AFS securities $53.0M.