earnings
confidence high
sentiment positive
materiality 0.75
ACNB Q2 net income $11.3M ($1.32 EPS) vs $9.5M ($1.12) YoY; dividend raised 14.3%
ACNB CORP
2024-Q2 EPS reported
$2.12
revenue$64,937,000
- Net income $11.3M, diluted EPS $1.32 for Q2 2024 vs $9.5M/$1.12 in Q2 2023.
- FTE net interest margin improved to 3.82% from 3.77% QoQ, first increase after 4 consecutive declines.
- Total loans $1.68B, up 6.7% YoY; non-performing loans 0.19% with net charge-offs 0.00% annualized.
- Total deposits $1.84B, first linked-quarter increase after 9 declines; up $3.4M from March 2024.
- Regular quarterly dividend raised to $0.32/share (payable Sept 13, 2024), a 14.3% increase YoY.