M&A
confidence high
sentiment neutral
materiality 0.60
ACNB completes Traditions Bancorp acquisition; audited 2024 net income $3.86M
ACNB CORP
- Traditions Bancorp 2024 net income $3.86M (EPS $1.40), down from $4.93M in 2023.
- Total assets $870.1M, loans $670.4M (net of ACL), deposits $749.3M at Dec 31, 2024.
- Acquisition closed Feb 1, 2025; shareholders received 0.73 ACNB shares per share, value ~$83.8M.
- Pro forma combined financial data for ACNB and Traditions for year ended Dec 31, 2024 filed as Exhibit 99.2.