John M. Polli
John M. Polli, former Director of Traditions and Traditions Bank, was appointed as a Class 3 director of ACNB.
Highest-materiality recent filing
ACNB Corp declares Q3 2026 dividend of $0.42/share, up 23.5% YoY
Regular quarterly cash dividend of $0.42 per share, payable Sept 15, 2026 to holders of record Sept 1, 2026.
ACNB reports record Q2 net income of $15.2M, EPS $1.49, up 34% YoY
Net income $15.2M ($1.49 diluted EPS) vs $11.6M ($1.11) in Q2 2025, up 31% and 34% respectively.
Regular quarterly dividend raised to $0.42 per share, up 10.5% from $0.38 in Q1 2026 and 23.5% from $0.34 in Q2 2025.
ACNB Corporation Reports Q1 2026 Net Income of $13.7 Million, Up from Loss in Prior Year
Net income $13.7M ($1.32 diluted EPS) vs net loss $272K ($0.03 loss) in Q1 2025
ACNB issues $15M of 5.875% subordinated notes due 2036
Sold $15M in aggregate principal of 5.875% fixed-to-floating rate subordinated notes due March 15, 2036.
ACNB reports record 2025 net income of $37.1M, Q4 EPS $1.04 vs $0.77 YoY
Full-year diluted EPS of $3.60, up from $2.65 in 2024; Q4 diluted EPS of $1.04 vs $0.77 a year ago.
ACNB reports Q3 2025 net income $14.9M ($1.42 EPS), up 107% YoY; dividend raised 11.8%
Net income $14.9M ($1.42 diluted EPS) vs $7.2M ($0.84) YoY and $11.6M ($1.11) QoQ.
ACNB Q2 net income $11.6M ($1.11 EPS); NIM 4.21%; dividend +6.3% to $0.34
Net income $11.6M ($1.11 diluted EPS) vs $11.3M ($1.32) in Q2 2024 and Q1 2025 net loss of $272K.
ACNB posts Q1 net loss of $272K on merger costs; raises dividend 6.3%
Net loss of $272K ($0.03 diluted loss) vs net income of $6.8M ($0.80 EPS) in Q1 2024.
ACNB Corp. declares $0.34 Q2 dividend, up 6.25% from prior quarter
Regular quarterly cash dividend of $0.34 per share declared for Q2 2025.
ACNB completes Traditions Bancorp acquisition; audited 2024 net income $3.86M
Traditions Bancorp 2024 net income $3.86M (EPS $1.40), down from $4.93M in 2023.
ACNB completes Traditions acquisition; corrects combined deposits to $2.54B
Acquisition of Traditions Bancorp effective Feb 1, 2025; stockholders received 0.7300 ACNB shares per Traditions share.
ACNB completes acquisition of Traditions Bancorp, issuing ~2.04M shares; adds three directors
Deal closed Feb 1, 2025; Traditions shareholders received 0.7300 ACNB shares per share of Traditions common.
ACNB Corp declares Q1 dividend $0.32, +6.7% YoY; Traditions acquisition closing Feb 1
Dividend of $0.32 per share payable Mar 14, 2025 to holders of record Feb 28, 2025.
ACNB Q4 net income up 61% YoY to $6.6M; pending Traditions acquisition close Feb 1
Q4 2024 net income $6.6M ($0.77 diluted EPS) vs $4.1M ($0.48) in Q4 2023, up 61%.
Shareholders approve ACNB's acquisition of Traditions Bancorp; close expected Feb 1, 2025
ACNB shareholders approved stock issuance for Traditions merger: 5.46M for, 56K against, 9.6K abstain.
ACNB provides supplemental disclosures for Traditions merger after shareholder demand letters
Five shareholder demand letters received by ACNB, two by Traditions, alleging inadequate proxy disclosures; company denies merit but will supplement.
ACNB receives all regulatory approvals for Traditions Bancorp acquisition
FDIC, PA Dept of Banking, and Fed Reserve Bank of Philadelphia approved or waived merger applications.
Net income $7.2M, diluted EPS $0.84, vs $9.0M ($1.06) in Q3 2023; includes $1.1M merger-related expense for pending Traditions Bancorp acquisition.
ACNB Q2 net income $11.3M ($1.32 EPS) vs $9.5M ($1.12) YoY; dividend raised 14.3%
Net income $11.3M, diluted EPS $1.32 for Q2 2024 vs $9.5M/$1.12 in Q2 2023.
ACNB acquires Traditions Bancorp in $73.5M all-stock merger
Traditions shareholders receive 0.7300 ACNB shares per share; deal valued at $73.5M or $26.43/share.
ACNB Q1 net income $6.8M ($0.80 EPS), down 24% YoY; dividend raised 14.2% to $0.32/share
Net income $6.8M, diluted EPS $0.80 vs $1.06 YoY; sequentially up from $4.1M ($0.48) in Q4 2023.
ACNB Corporation declares $0.32 quarterly dividend, up 14.2% YoY
Quarterly cash dividend of $0.32 per share declared, payable June 14, 2024 to shareholders of record May 31, 2024.
ACNB Q4 2023 net income falls 60% YoY to $4.1M; deposits drop 15.3% from prior year
Q4 net income $4.1M ($0.48 diluted EPS) vs $10.2M ($1.20) in Q4 2022; full year net income $31.7M ($3.71) vs $35.8M in 2022.
Sold $51.1M book value of lower-yielding agency debt (avg yield 0.99%, 2.6yr life) for $46.1M net proceeds, after-tax loss of ~$3.5M.
John M. Polli, former Director of Traditions and Traditions Bank, was appointed as a Class 3 director of ACNB.
Elizabeth F. Carson, former Lead Independent Director of Traditions and Traditions Bank, was appointed as a Class 2 director of ACNB.
Eugene J. Draganosky, former Director, Chair of the Board, and CEO of Traditions and Traditions Bank, was appointed as a Class 1 director of ACNB and a Vice Chair of the Board of Directors.
On February 3, 2023, David L. Sites retired from the Boards of Directors of ACNB Corporation and ACNB Bank.
On December 20, 2022, Lynda L. Glass, Executive Vice President/Secretary & Chief Governance Officer of ACNB Corporation (the “Corporation”) notified the Corporation of her intention to retire from all of her positions with the Corporation and its subsidiaries effective the close of business on March 31, 2023.
Effective June 1, 2022, following Mr. Cathell’s retirement on May 31, 2022, Mr. Weber was elected as Executive Vice President/Treasurer & Chief Financial Officer (principal financial officer) of the Corporation and the Bank.
David W. Cathell, Executive Vice President/Treasurer & Chief Financial Officer (principal financial officer) of ACNB Corporation (the “Corporation”), notified the Corporation of his intention to retire from all of his positions with the Corporation and its subsidiaries effective the close of business on May 31, 2022.
Following Mr. Cathell’s retirement on May 31, 2022, Mr. Weber will be appointed as Chief Financial Officer (principal financial officer) of the Corporation and the Bank.
As previously announced, David W. Cathell, Executive Vice President/Treasurer & Chief Financial Officer (principal financial officer) of ACNB Corporation (the “Corporation”), notified the Corporation of his intention to retire from all of his positions with the Corporation and its subsidiaries effective the close of business on May 31, 2022.
On January 7, 2022, the Corporation announced that Jason H. Weber had been selected as the successor to Mr. Cathell and would join the Corporation and its wholly-owned subsidiary, ACNB Bank (the “Bank”), as Executive Vice President/Finance effective January 31, 2022, for the period until Mr. Cathell’s retirement.
On January 7, 2022, the Corporation announced that Jason H. Weber has been selected as the successor to Mr. Cathell and will join the Corporation and its wholly-owned subsidiary, ACNB Bank (the “Bank”), as Executive Vice President/Finance effective January 31, 2022, for the period until Mr. Cathell’s retirement.
Following Mr. Cathell’s retirement on May 31, 2022, Mr. Weber will be appointed as Chief Financial Officer (principal financial officer) of the Corporation and the Bank.
Max materiality 0.90 · Median 0.57 · Most common event other_material