Annual Income Statements for ACNB
This table shows ACNB's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for ACNB
This table shows ACNB's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
10 |
10 |
9.02 |
9.52 |
9.04 |
4.10 |
6.77 |
11 |
7.20 |
6.60 |
Consolidated Net Income / (Loss) |
|
10 |
10 |
9.02 |
9.52 |
9.04 |
4.10 |
6.77 |
11 |
7.20 |
6.60 |
Net Income / (Loss) Continuing Operations |
|
10 |
10 |
9.02 |
9.52 |
9.04 |
4.10 |
6.77 |
11 |
7.20 |
6.60 |
Total Pre-Tax Income |
|
13 |
13 |
11 |
12 |
12 |
4.75 |
8.53 |
14 |
9.41 |
8.23 |
Total Revenue |
|
28 |
29 |
28 |
28 |
28 |
22 |
26 |
27 |
28 |
27 |
Net Interest Income / (Expense) |
|
23 |
24 |
23 |
22 |
22 |
21 |
21 |
21 |
21 |
21 |
Total Interest Income |
|
23 |
25 |
24 |
23 |
24 |
25 |
26 |
27 |
27 |
27 |
Loans and Leases Interest Income |
|
18 |
19 |
19 |
19 |
21 |
22 |
22 |
23 |
23 |
24 |
Investment Securities Interest Income |
|
3.04 |
3.25 |
3.64 |
3.02 |
2.87 |
2.95 |
3.44 |
3.20 |
3.15 |
3.07 |
Other Interest Income |
|
2.13 |
2.47 |
1.01 |
0.89 |
0.72 |
0.69 |
0.75 |
0.68 |
0.67 |
0.73 |
Total Interest Expense |
|
0.86 |
0.85 |
0.82 |
1.22 |
2.49 |
3.79 |
5.38 |
5.91 |
6.30 |
6.27 |
Deposits Interest Expense |
|
0.61 |
0.57 |
0.47 |
0.49 |
0.93 |
1.81 |
2.16 |
2.64 |
3.11 |
3.28 |
Short-Term Borrowings Interest Expense |
|
0.02 |
0.02 |
0.02 |
0.11 |
0.44 |
0.33 |
0.34 |
0.30 |
0.20 |
0.01 |
Long-Term Debt Interest Expense |
|
0.23 |
0.26 |
0.33 |
0.63 |
1.12 |
1.65 |
2.88 |
2.96 |
2.98 |
2.98 |
Total Non-Interest Income |
|
5.85 |
5.42 |
4.98 |
6.19 |
6.30 |
0.97 |
5.67 |
6.43 |
6.83 |
5.80 |
Other Service Charges |
|
2.79 |
2.09 |
2.07 |
3.13 |
3.04 |
2.20 |
2.31 |
2.97 |
3.13 |
2.31 |
Net Realized & Unrealized Capital Gains on Investments |
|
-0.09 |
0.23 |
-0.17 |
-0.24 |
-0.01 |
-4.46 |
0.06 |
0.00 |
0.03 |
-0.03 |
Other Non-Interest Income |
|
3.15 |
3.10 |
3.08 |
3.30 |
3.27 |
3.23 |
3.30 |
3.46 |
3.68 |
3.52 |
Provision for Credit Losses |
|
0.00 |
- |
0.37 |
-0.15 |
0.08 |
0.54 |
0.00 |
-3.25 |
0.12 |
0.37 |
Total Non-Interest Expense |
|
15 |
17 |
16 |
16 |
16 |
17 |
18 |
16 |
18 |
18 |
Salaries and Employee Benefits |
|
9.32 |
9.79 |
10 |
9.82 |
10 |
11 |
11 |
10 |
11 |
10 |
Net Occupancy & Equipment Expense |
|
2.52 |
3.02 |
2.64 |
2.63 |
2.50 |
2.66 |
2.86 |
2.56 |
2.64 |
3.42 |
Other Operating Expenses |
|
3.03 |
3.69 |
2.68 |
3.31 |
3.26 |
4.04 |
3.23 |
3.00 |
3.04 |
3.71 |
Amortization Expense |
|
0.40 |
0.40 |
0.36 |
0.36 |
0.35 |
0.35 |
0.32 |
0.32 |
0.30 |
0.30 |
Income Tax Expense |
|
2.73 |
2.60 |
2.40 |
2.53 |
2.58 |
0.65 |
1.76 |
2.97 |
2.21 |
1.64 |
Basic Earnings per Share |
|
$1.20 |
$1.20 |
$1.06 |
$1.12 |
$1.06 |
$0.48 |
$0.80 |
$1.32 |
$0.85 |
$0.78 |
Weighted Average Basic Shares Outstanding |
|
8.51M |
8.62M |
8.52M |
8.56M |
8.52M |
8.51M |
8.54M |
8.55M |
8.51M |
8.50M |
Diluted Earnings per Share |
|
$1.20 |
$1.20 |
$1.06 |
$1.12 |
$1.06 |
$0.47 |
$0.80 |
$1.32 |
$0.84 |
$0.77 |
Weighted Average Diluted Shares Outstanding |
|
8.51M |
8.62M |
8.52M |
8.56M |
8.55M |
8.54M |
8.54M |
8.55M |
8.55M |
8.54M |
Weighted Average Basic & Diluted Shares Outstanding |
|
8.51M |
8.51M |
8.52M |
8.56M |
8.51M |
8.51M |
8.54M |
8.55M |
8.55M |
10.54M |
Annual Cash Flow Statements for ACNB
This table details how cash moves in and out of ACNB's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
-542 |
-102 |
-19 |
Net Cash From Operating Activities |
39 |
41 |
40 |
Net Cash From Continuing Operating Activities |
39 |
41 |
40 |
Net Income / (Loss) Continuing Operations |
36 |
32 |
32 |
Consolidated Net Income / (Loss) |
36 |
32 |
32 |
Provision For Loan Losses |
0.00 |
0.84 |
-2.76 |
Depreciation Expense |
3.80 |
3.36 |
3.03 |
Amortization Expense |
2.16 |
0.69 |
1.70 |
Non-Cash Adjustments to Reconcile Net Income |
2.34 |
6.23 |
-0.14 |
Changes in Operating Assets and Liabilities, net |
-4.85 |
-2.21 |
6.11 |
Net Cash From Investing Activities |
-332 |
15 |
2.43 |
Net Cash From Continuing Investing Activities |
-332 |
15 |
2.43 |
Purchase of Property, Leasehold Improvements and Equipment |
-1.81 |
-1.17 |
-0.96 |
Purchase of Investment Securities |
-398 |
-147 |
-56 |
Sale of Property, Leasehold Improvements and Equipment |
1.09 |
0.00 |
0.00 |
Sale and/or Maturity of Investments |
66 |
163 |
60 |
Other Investing Activities, net |
0.42 |
0.00 |
0.00 |
Net Cash From Financing Activities |
-249 |
-158 |
-61 |
Net Cash From Continuing Financing Activities |
-249 |
-158 |
-61 |
Net Change in Deposits |
-227 |
-337 |
-69 |
Issuance of Debt |
8.25 |
190 |
19 |
Issuance of Common Equity |
0.71 |
0.72 |
0.42 |
Repayment of Debt |
-15 |
0.00 |
0.00 |
Repurchase of Common Equity |
-6.68 |
-2.03 |
-0.25 |
Payment of Dividends |
-9.12 |
-9.70 |
-11 |
Cash Interest Paid |
3.68 |
7.16 |
23 |
Cash Income Taxes Paid |
7.23 |
10 |
6.63 |
Quarterly Cash Flow Statements for ACNB
This table details how cash moves in and out of ACNB's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
-39 |
-189 |
-54 |
-30 |
-20 |
1.92 |
-13 |
33 |
-28 |
-11 |
Net Cash From Operating Activities |
|
13 |
9.73 |
15 |
9.55 |
7.52 |
8.61 |
11 |
9.71 |
14 |
5.71 |
Net Cash From Continuing Operating Activities |
|
13 |
9.73 |
15 |
9.55 |
7.52 |
8.61 |
11 |
9.71 |
14 |
5.71 |
Net Income / (Loss) Continuing Operations |
|
10 |
10 |
9.02 |
9.52 |
9.04 |
4.10 |
6.77 |
11 |
7.20 |
6.60 |
Consolidated Net Income / (Loss) |
|
10 |
10 |
9.02 |
9.52 |
9.04 |
4.10 |
6.77 |
11 |
7.20 |
6.60 |
Provision For Loan Losses |
|
- |
- |
0.37 |
-0.15 |
0.08 |
0.54 |
0.07 |
-3.25 |
0.12 |
0.29 |
Depreciation Expense |
|
0.95 |
1.01 |
0.88 |
0.85 |
0.83 |
0.80 |
0.77 |
0.76 |
0.74 |
0.77 |
Amortization Expense |
|
-0.15 |
1.17 |
0.45 |
0.49 |
-0.44 |
0.20 |
0.41 |
0.45 |
0.43 |
0.40 |
Non-Cash Adjustments to Reconcile Net Income |
|
-0.01 |
-0.45 |
-0.97 |
0.05 |
-4.05 |
11 |
-0.03 |
-2.53 |
-2.92 |
5.34 |
Changes in Operating Assets and Liabilities, net |
|
1.94 |
-2.20 |
5.16 |
-1.21 |
2.07 |
-8.23 |
2.83 |
3.00 |
7.97 |
-7.69 |
Net Cash From Investing Activities |
|
-30 |
-56 |
63 |
-1.71 |
-33 |
-13 |
-15 |
-9.07 |
19 |
6.71 |
Net Cash From Continuing Investing Activities |
|
-30 |
-56 |
63 |
-1.71 |
-33 |
-13 |
-15 |
-9.07 |
19 |
6.71 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.49 |
-0.61 |
-0.06 |
-0.05 |
-0.07 |
-0.99 |
-0.08 |
-0.29 |
-0.22 |
-0.37 |
Purchase of Investment Securities |
|
-44 |
-86 |
4.94 |
-45 |
-42 |
-65 |
-38 |
-16 |
3.46 |
-6.01 |
Sale and/or Maturity of Investments |
|
15 |
22 |
58 |
43 |
9.05 |
53 |
24 |
6.84 |
16 |
13 |
Net Cash From Financing Activities |
|
-21 |
-143 |
-132 |
-38 |
5.25 |
6.41 |
-9.10 |
33 |
-61 |
-23 |
Net Cash From Continuing Financing Activities |
|
-21 |
-143 |
-132 |
-38 |
5.25 |
6.41 |
-9.10 |
33 |
-61 |
-23 |
Net Change in Deposits |
|
-28 |
-137 |
-143 |
-92 |
-12 |
-90 |
-27 |
3.36 |
-47 |
1.18 |
Issuance of Debt |
|
13 |
0.31 |
25 |
35 |
40 |
90 |
60 |
- |
- |
-41 |
Issuance of Common Equity |
|
0.17 |
-0.31 |
0.19 |
0.19 |
0.17 |
0.18 |
-0.23 |
0.19 |
0.24 |
0.24 |
Repayment of Debt |
|
-0.60 |
-3.05 |
-12 |
21 |
-19 |
8.85 |
-40 |
32 |
-11 |
19 |
Payment of Dividends |
|
-2.21 |
-2.38 |
-2.38 |
-2.39 |
-2.38 |
-2.55 |
-2.55 |
-2.72 |
-2.72 |
-2.72 |
Cash Interest Paid |
|
0.86 |
0.85 |
0.75 |
1.06 |
1.92 |
3.44 |
5.32 |
5.56 |
5.96 |
6.25 |
Cash Income Taxes Paid |
|
1.95 |
2.83 |
0.00 |
4.80 |
2.55 |
2.68 |
0.00 |
1.50 |
2.68 |
2.45 |
Annual Balance Sheets for ACNB
This table presents ACNB's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
2,526 |
2,419 |
2,395 |
Cash and Due from Banks |
40 |
21 |
16 |
Interest Bearing Deposits at Other Banks |
128 |
45 |
31 |
Trading Account Securities |
620 |
518 |
460 |
Loans and Leases, Net of Allowance |
-18 |
1,608 |
1,666 |
Loans and Leases |
- |
1,628 |
1,683 |
Allowance for Loan and Lease Losses |
18 |
20 |
17 |
Premises and Equipment, Net |
27 |
26 |
25 |
Goodwill |
44 |
44 |
44 |
Intangible Assets |
10 |
9.08 |
7.84 |
Other Assets |
1,652 |
148 |
145 |
Total Liabilities & Shareholders' Equity |
2,526 |
2,419 |
2,395 |
Total Liabilities |
2,280 |
2,141 |
2,092 |
Non-Interest Bearing Deposits |
595 |
500 |
452 |
Interest Bearing Deposits |
1,604 |
1,361 |
1,341 |
Short-Term Debt |
42 |
57 |
16 |
Long-Term Debt |
21 |
195 |
255 |
Other Long-Term Liabilities |
19 |
27 |
28 |
Total Equity & Noncontrolling Interests |
245 |
277 |
303 |
Total Preferred & Common Equity |
245 |
277 |
303 |
Preferred Stock |
0.00 |
0.00 |
0.00 |
Total Common Equity |
245 |
277 |
303 |
Common Stock |
118 |
120 |
122 |
Retained Earnings |
194 |
213 |
235 |
Treasury Stock |
-8.93 |
-11 |
-11 |
Accumulated Other Comprehensive Income / (Loss) |
-58 |
-45 |
-42 |
Quarterly Balance Sheets for ACNB
This table presents ACNB's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
2,654 |
2,411 |
2,378 |
2,389 |
2,414 |
2,458 |
2,421 |
Cash and Due from Banks |
|
25 |
25 |
25 |
23 |
17 |
27 |
25 |
Interest Bearing Deposits at Other Banks |
|
332 |
89 |
59 |
41 |
36 |
60 |
33 |
Trading Account Securities |
|
572 |
568 |
518 |
501 |
491 |
486 |
485 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
0.00 |
0.00 |
1,645 |
1,662 |
1,660 |
Loans and Leases |
|
- |
- |
- |
- |
1,665 |
1,680 |
1,677 |
Allowance for Loan and Lease Losses |
|
- |
- |
- |
- |
20 |
17 |
17 |
Premises and Equipment, Net |
|
27 |
27 |
26 |
26 |
26 |
26 |
26 |
Goodwill |
|
44 |
44 |
44 |
44 |
44 |
44 |
44 |
Intangible Assets |
|
11 |
9.97 |
9.61 |
9.43 |
8.76 |
8.45 |
8.14 |
Other Assets |
|
1,643 |
1,648 |
1,696 |
1,744 |
147 |
145 |
140 |
Total Liabilities & Shareholders' Equity |
|
2,654 |
2,411 |
2,378 |
2,389 |
2,414 |
2,458 |
2,421 |
Total Liabilities |
|
2,422 |
2,155 |
2,121 |
2,133 |
2,134 |
2,168 |
2,114 |
Non-Interest Bearing Deposits |
|
589 |
594 |
570 |
566 |
500 |
480 |
464 |
Interest Bearing Deposits |
|
1,747 |
1,461 |
1,394 |
1,386 |
1,336 |
1,359 |
1,328 |
Short-Term Debt |
|
42 |
30 |
52 |
33 |
17 |
49 |
38 |
Long-Term Debt |
|
24 |
46 |
81 |
120 |
255 |
255 |
255 |
Other Long-Term Liabilities |
|
20 |
23 |
25 |
28 |
27 |
26 |
30 |
Total Equity & Noncontrolling Interests |
|
232 |
256 |
257 |
256 |
280 |
289 |
307 |
Total Preferred & Common Equity |
|
232 |
256 |
257 |
256 |
280 |
289 |
307 |
Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Total Common Equity |
|
232 |
256 |
257 |
256 |
280 |
289 |
307 |
Common Stock |
|
118 |
119 |
119 |
119 |
120 |
121 |
121 |
Retained Earnings |
|
186 |
198 |
205 |
212 |
218 |
226 |
231 |
Treasury Stock |
|
-8.93 |
-8.96 |
-8.96 |
-11 |
-11 |
-11 |
-11 |
Accumulated Other Comprehensive Income / (Loss) |
|
-63 |
-52 |
-58 |
-65 |
-47 |
-46 |
-34 |
Annual Metrics And Ratios for ACNB
This table displays calculated financial ratios and metrics derived from ACNB's official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
11.93% |
1.46% |
1.48% |
EBITDA Growth |
26.98% |
-13.76% |
2.85% |
EBIT Growth |
28.36% |
-11.35% |
1.43% |
NOPAT Growth |
28.45% |
-11.37% |
0.50% |
Net Income Growth |
28.45% |
-11.37% |
0.50% |
EPS Growth |
0.00% |
-10.60% |
0.54% |
Operating Cash Flow Growth |
-6.94% |
3.57% |
-2.02% |
Free Cash Flow Firm Growth |
93.82% |
-372.25% |
93.18% |
Invested Capital Growth |
-9.95% |
71.96% |
8.46% |
Revenue Q/Q Growth |
6.57% |
-6.16% |
4.29% |
EBITDA Q/Q Growth |
20.11% |
-17.37% |
8.62% |
EBIT Q/Q Growth |
19.62% |
-16.81% |
9.23% |
NOPAT Q/Q Growth |
18.98% |
-16.15% |
8.51% |
Net Income Q/Q Growth |
18.98% |
-16.15% |
8.51% |
EPS Q/Q Growth |
0.00% |
-16.44% |
8.75% |
Operating Cash Flow Q/Q Growth |
3.75% |
-2.68% |
-6.81% |
Free Cash Flow Firm Q/Q Growth |
-20.83% |
-159.58% |
91.98% |
Invested Capital Q/Q Growth |
3.33% |
29.49% |
-4.24% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
48.37% |
41.12% |
41.68% |
EBIT Margin |
42.72% |
37.32% |
37.31% |
Profit (Net Income) Margin |
33.97% |
29.68% |
29.39% |
Tax Burden Percent |
79.54% |
79.52% |
78.79% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
20.46% |
20.48% |
21.21% |
Return on Invested Capital (ROIC) |
11.00% |
7.57% |
5.77% |
ROIC Less NNEP Spread (ROIC-NNEP) |
11.00% |
7.57% |
5.77% |
Return on Net Nonoperating Assets (RNNOA) |
2.83% |
4.56% |
5.20% |
Return on Equity (ROE) |
13.83% |
12.13% |
10.97% |
Cash Return on Invested Capital (CROIC) |
21.47% |
-45.35% |
-2.35% |
Operating Return on Assets (OROA) |
1.69% |
1.61% |
1.68% |
Return on Assets (ROA) |
1.35% |
1.28% |
1.32% |
Return on Common Equity (ROCE) |
13.83% |
12.13% |
10.97% |
Return on Equity Simple (ROE_SIMPLE) |
14.59% |
11.42% |
10.50% |
Net Operating Profit after Tax (NOPAT) |
36 |
32 |
32 |
NOPAT Margin |
33.97% |
29.68% |
29.39% |
Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
44.35% |
48.10% |
50.22% |
Operating Expenses to Revenue |
57.28% |
61.89% |
65.24% |
Earnings before Interest and Taxes (EBIT) |
45 |
40 |
40 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
51 |
44 |
45 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.28 |
1.32 |
1.11 |
Price to Tangible Book Value (P/TBV) |
1.65 |
1.63 |
1.34 |
Price to Revenue (P/Rev) |
2.99 |
3.42 |
3.12 |
Price to Earnings (P/E) |
8.80 |
11.54 |
10.61 |
Dividend Yield |
2.87% |
2.65% |
3.19% |
Earnings Yield |
11.36% |
8.67% |
9.43% |
Enterprise Value to Invested Capital (EV/IC) |
0.68 |
1.04 |
0.98 |
Enterprise Value to Revenue (EV/Rev) |
1.99 |
5.17 |
5.18 |
Enterprise Value to EBITDA (EV/EBITDA) |
4.11 |
12.57 |
12.44 |
Enterprise Value to EBIT (EV/EBIT) |
4.66 |
13.85 |
13.90 |
Enterprise Value to NOPAT (EV/NOPAT) |
5.86 |
17.41 |
17.64 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
5.34 |
13.59 |
14.12 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
3.00 |
0.00 |
0.00 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.26 |
0.91 |
0.89 |
Long-Term Debt to Equity |
0.09 |
0.70 |
0.84 |
Financial Leverage |
0.26 |
0.60 |
0.90 |
Leverage Ratio |
10.27 |
9.46 |
8.29 |
Compound Leverage Factor |
10.27 |
9.46 |
8.29 |
Debt to Total Capital |
20.44% |
47.61% |
47.20% |
Short-Term Debt to Total Capital |
13.62% |
10.74% |
2.76% |
Long-Term Debt to Total Capital |
6.82% |
36.87% |
44.45% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
79.56% |
52.39% |
52.80% |
Debt to EBITDA |
1.24 |
5.74 |
6.01 |
Net Debt to EBITDA |
-2.07 |
4.24 |
4.96 |
Long-Term Debt to EBITDA |
0.41 |
4.45 |
5.65 |
Debt to NOPAT |
1.76 |
7.96 |
8.51 |
Net Debt to NOPAT |
-2.94 |
5.88 |
7.03 |
Long-Term Debt to NOPAT |
0.59 |
6.16 |
8.02 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
70 |
-190 |
-13 |
Operating Cash Flow to CapEx |
5,459.75% |
3,476.20% |
4,143.96% |
Free Cash Flow to Firm to Interest Expense |
19.25 |
-22.83 |
-0.54 |
Operating Cash Flow to Interest Expense |
10.82 |
4.88 |
1.67 |
Operating Cash Flow Less CapEx to Interest Expense |
10.62 |
4.74 |
1.63 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.04 |
0.04 |
0.05 |
Fixed Asset Turnover |
3.63 |
4.00 |
4.19 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
308 |
530 |
574 |
Invested Capital Turnover |
0.32 |
0.25 |
0.20 |
Increase / (Decrease) in Invested Capital |
-34 |
222 |
45 |
Enterprise Value (EV) |
209 |
552 |
562 |
Market Capitalization |
315 |
366 |
338 |
Book Value per Share |
$28.79 |
$32.61 |
$35.48 |
Tangible Book Value per Share |
$22.39 |
$26.35 |
$29.39 |
Total Capital |
308 |
530 |
574 |
Total Debt |
63 |
252 |
271 |
Total Long-Term Debt |
21 |
195 |
255 |
Net Debt |
-105 |
186 |
224 |
Capital Expenditures (CapEx) |
0.72 |
1.17 |
0.96 |
Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
63 |
252 |
271 |
Total Depreciation and Amortization (D&A) |
5.95 |
4.05 |
4.74 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$4.15 |
$3.72 |
$3.75 |
Adjusted Weighted Average Basic Shares Outstanding |
8.51M |
8.51M |
8.50M |
Adjusted Diluted Earnings per Share |
$0.00 |
$3.71 |
$3.73 |
Adjusted Weighted Average Diluted Shares Outstanding |
8.51M |
8.51M |
8.54M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
8.51M |
8.51M |
10.54M |
Normalized Net Operating Profit after Tax (NOPAT) |
36 |
32 |
33 |
Normalized NOPAT Margin |
33.97% |
29.68% |
30.88% |
Pre Tax Income Margin |
42.72% |
37.32% |
37.31% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
12.40 |
4.79 |
1.69 |
NOPAT to Interest Expense |
9.87 |
3.81 |
1.34 |
EBIT Less CapEx to Interest Expense |
12.21 |
4.65 |
1.65 |
NOPAT Less CapEx to Interest Expense |
9.67 |
3.67 |
1.29 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
25.50% |
30.62% |
33.64% |
Augmented Payout Ratio |
44.19% |
37.01% |
34.42% |
Quarterly Metrics And Ratios for ACNB
This table displays calculated financial ratios and metrics derived from ACNB's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
21.89% |
28.23% |
30.51% |
8.90% |
-1.15% |
-23.78% |
-6.47% |
-2.81% |
-0.95% |
19.82% |
EBITDA Growth |
|
29.13% |
132.05% |
23.31% |
14.13% |
-13.29% |
-61.63% |
-23.31% |
15.42% |
-11.86% |
62.38% |
EBIT Growth |
|
40.34% |
135.86% |
38.77% |
10.86% |
-10.90% |
-62.92% |
-24.72% |
18.20% |
-19.07% |
71.98% |
NOPAT Growth |
|
40.27% |
126.90% |
36.73% |
10.36% |
-12.40% |
-59.83% |
-24.99% |
18.43% |
-20.35% |
60.97% |
Net Income Growth |
|
40.27% |
126.90% |
36.73% |
10.36% |
-12.40% |
-59.83% |
-24.99% |
18.43% |
-20.35% |
60.97% |
EPS Growth |
|
0.00% |
0.00% |
39.47% |
13.13% |
-11.67% |
-60.83% |
-24.53% |
17.86% |
-20.75% |
63.83% |
Operating Cash Flow Growth |
|
51.02% |
17.05% |
108.34% |
3.25% |
-42.43% |
-11.48% |
-27.49% |
1.59% |
80.26% |
-33.74% |
Free Cash Flow Firm Growth |
|
284.92% |
249.28% |
-115.32% |
-235.36% |
-248.99% |
-591.97% |
-3,007.23% |
-141.90% |
-80.16% |
82.44% |
Invested Capital Growth |
|
-16.31% |
-9.95% |
5.03% |
29.65% |
37.23% |
71.96% |
66.36% |
52.30% |
46.65% |
8.46% |
Revenue Q/Q Growth |
|
9.62% |
3.88% |
-4.73% |
0.38% |
-0.50% |
-19.90% |
16.90% |
4.31% |
1.40% |
-3.10% |
EBITDA Q/Q Growth |
|
18.00% |
8.11% |
-14.85% |
5.07% |
-10.35% |
-52.16% |
72.57% |
58.12% |
-31.53% |
-11.87% |
EBIT Q/Q Growth |
|
20.00% |
-1.92% |
-10.76% |
5.55% |
-3.55% |
-59.18% |
84.23% |
65.72% |
-33.96% |
-13.26% |
NOPAT Q/Q Growth |
|
19.63% |
-1.21% |
-11.53% |
5.55% |
-5.04% |
-54.70% |
65.19% |
66.65% |
-36.13% |
-8.45% |
Net Income Q/Q Growth |
|
19.63% |
-1.21% |
-11.53% |
5.55% |
-5.04% |
-54.70% |
65.19% |
66.65% |
-36.13% |
-8.45% |
EPS Q/Q Growth |
|
21.21% |
0.00% |
-11.67% |
5.66% |
-5.36% |
-55.66% |
70.21% |
65.00% |
-36.36% |
-8.33% |
Operating Cash Flow Q/Q Growth |
|
41.13% |
-25.51% |
53.36% |
-35.96% |
-21.31% |
14.54% |
25.63% |
-10.28% |
39.63% |
-57.90% |
Free Cash Flow Firm Q/Q Growth |
|
16.31% |
-35.36% |
-115.55% |
-1,057.92% |
-28.03% |
-113.44% |
1.80% |
9.86% |
4.65% |
79.19% |
Invested Capital Q/Q Growth |
|
-0.86% |
3.33% |
7.84% |
17.35% |
4.94% |
29.49% |
4.32% |
7.44% |
1.05% |
-4.24% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
48.82% |
50.81% |
45.41% |
47.53% |
42.83% |
25.58% |
37.24% |
56.45% |
38.11% |
34.66% |
EBIT Margin |
|
46.00% |
43.43% |
40.68% |
42.77% |
41.46% |
21.13% |
32.74% |
52.02% |
33.88% |
30.33% |
Profit (Net Income) Margin |
|
36.39% |
34.61% |
32.14% |
33.79% |
32.25% |
18.24% |
25.77% |
41.18% |
25.94% |
24.50% |
Tax Burden Percent |
|
79.12% |
79.69% |
79.00% |
79.00% |
77.78% |
86.33% |
79.38% |
79.16% |
76.56% |
80.09% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
99.16% |
100.00% |
100.00% |
100.88% |
Effective Tax Rate |
|
20.88% |
20.31% |
21.00% |
21.00% |
22.22% |
13.67% |
20.62% |
20.84% |
23.44% |
19.91% |
Return on Invested Capital (ROIC) |
|
10.99% |
11.21% |
11.08% |
11.17% |
10.38% |
4.65% |
6.12% |
8.72% |
5.34% |
4.81% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
10.99% |
11.21% |
11.08% |
11.17% |
10.38% |
4.65% |
6.12% |
8.72% |
5.34% |
4.81% |
Return on Net Nonoperating Assets (RNNOA) |
|
3.32% |
2.88% |
2.96% |
4.13% |
4.66% |
2.80% |
3.98% |
6.98% |
4.24% |
4.33% |
Return on Equity (ROE) |
|
14.31% |
14.08% |
14.04% |
15.30% |
15.04% |
7.45% |
10.10% |
15.70% |
9.58% |
9.14% |
Cash Return on Invested Capital (CROIC) |
|
26.94% |
21.47% |
6.87% |
-14.50% |
-20.70% |
-45.35% |
-43.17% |
-35.11% |
-32.01% |
-2.35% |
Operating Return on Assets (OROA) |
|
1.67% |
1.72% |
1.76% |
1.93% |
1.87% |
0.91% |
1.42% |
2.24% |
1.46% |
1.37% |
Return on Assets (ROA) |
|
1.32% |
1.37% |
1.39% |
1.52% |
1.46% |
0.79% |
1.12% |
1.77% |
1.12% |
1.10% |
Return on Common Equity (ROCE) |
|
14.31% |
14.08% |
14.04% |
15.30% |
15.04% |
7.45% |
10.10% |
15.70% |
9.58% |
9.14% |
Return on Equity Simple (ROE_SIMPLE) |
|
12.93% |
0.00% |
14.92% |
15.20% |
14.78% |
0.00% |
10.51% |
10.78% |
9.57% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
10 |
10 |
9.02 |
9.52 |
9.04 |
4.10 |
6.77 |
11 |
7.20 |
6.60 |
NOPAT Margin |
|
36.39% |
34.61% |
32.14% |
33.79% |
32.25% |
18.24% |
25.77% |
41.18% |
25.94% |
24.50% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
41.94% |
43.47% |
47.16% |
44.73% |
45.37% |
59.00% |
53.75% |
47.73% |
49.54% |
51.04% |
Operating Expenses to Revenue |
|
54.00% |
56.57% |
57.99% |
57.77% |
58.26% |
76.45% |
67.26% |
59.84% |
65.69% |
68.32% |
Earnings before Interest and Taxes (EBIT) |
|
13 |
13 |
11 |
12 |
12 |
4.75 |
8.60 |
14 |
9.41 |
8.16 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
14 |
15 |
13 |
13 |
12 |
5.75 |
9.78 |
15 |
11 |
9.33 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.04 |
1.28 |
1.04 |
1.06 |
1.02 |
1.32 |
1.13 |
1.07 |
1.22 |
1.11 |
Price to Tangible Book Value (P/TBV) |
|
1.36 |
1.65 |
1.31 |
1.34 |
1.30 |
1.63 |
1.39 |
1.31 |
1.47 |
1.34 |
Price to Revenue (P/Rev) |
|
2.45 |
2.99 |
2.37 |
2.39 |
2.30 |
3.42 |
3.02 |
2.97 |
3.59 |
3.12 |
Price to Earnings (P/E) |
|
8.06 |
8.80 |
6.95 |
6.99 |
6.93 |
11.54 |
10.76 |
9.93 |
12.72 |
10.61 |
Dividend Yield |
|
3.67% |
2.87% |
3.47% |
3.43% |
3.67% |
2.65% |
3.12% |
3.31% |
2.84% |
3.19% |
Earnings Yield |
|
12.40% |
11.36% |
14.40% |
14.31% |
14.44% |
8.67% |
9.30% |
10.07% |
7.86% |
9.43% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.00 |
0.68 |
0.68 |
0.83 |
0.86 |
1.04 |
0.97 |
0.89 |
1.01 |
0.98 |
Enterprise Value to Revenue (EV/Rev) |
|
0.00 |
1.99 |
2.03 |
2.82 |
3.09 |
5.17 |
5.11 |
5.07 |
5.85 |
5.18 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
0.00 |
4.11 |
4.27 |
5.85 |
6.61 |
12.57 |
13.10 |
12.27 |
14.63 |
12.44 |
Enterprise Value to EBIT (EV/EBIT) |
|
0.00 |
4.66 |
4.72 |
6.52 |
7.33 |
13.85 |
14.48 |
13.46 |
16.44 |
13.90 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
0.00 |
5.86 |
5.96 |
8.23 |
9.29 |
17.41 |
18.21 |
16.92 |
20.72 |
17.64 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
0.00 |
5.34 |
4.84 |
6.81 |
8.41 |
13.59 |
14.69 |
14.40 |
14.25 |
14.12 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
3.00 |
10.21 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.28 |
0.26 |
0.30 |
0.52 |
0.60 |
0.91 |
0.97 |
1.05 |
0.96 |
0.89 |
Long-Term Debt to Equity |
|
0.10 |
0.09 |
0.18 |
0.32 |
0.47 |
0.70 |
0.91 |
0.88 |
0.83 |
0.84 |
Financial Leverage |
|
0.30 |
0.26 |
0.27 |
0.37 |
0.45 |
0.60 |
0.65 |
0.80 |
0.79 |
0.90 |
Leverage Ratio |
|
10.85 |
10.27 |
10.08 |
10.04 |
10.33 |
9.46 |
9.01 |
8.85 |
8.55 |
8.29 |
Compound Leverage Factor |
|
10.85 |
10.27 |
10.08 |
10.04 |
10.33 |
9.46 |
8.93 |
8.85 |
8.55 |
8.36 |
Debt to Total Capital |
|
22.04% |
20.44% |
22.97% |
34.05% |
37.50% |
47.61% |
49.34% |
51.26% |
48.86% |
47.20% |
Short-Term Debt to Total Capital |
|
13.97% |
13.62% |
9.12% |
13.26% |
8.09% |
10.74% |
3.13% |
8.25% |
6.30% |
2.76% |
Long-Term Debt to Total Capital |
|
8.07% |
6.82% |
13.85% |
20.78% |
29.41% |
36.87% |
46.21% |
43.01% |
42.56% |
44.45% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
77.96% |
79.56% |
77.03% |
65.95% |
62.50% |
52.39% |
50.66% |
48.74% |
51.14% |
52.80% |
Debt to EBITDA |
|
1.55 |
1.24 |
1.43 |
2.41 |
2.89 |
5.74 |
6.66 |
7.08 |
7.05 |
6.01 |
Net Debt to EBITDA |
|
-6.87 |
-2.07 |
-0.71 |
0.89 |
1.68 |
4.24 |
5.36 |
5.07 |
5.65 |
4.96 |
Long-Term Debt to EBITDA |
|
0.57 |
0.41 |
0.86 |
1.47 |
2.26 |
4.45 |
6.24 |
5.94 |
6.14 |
5.65 |
Debt to NOPAT |
|
2.19 |
1.76 |
2.00 |
3.40 |
4.06 |
7.96 |
9.26 |
9.76 |
9.99 |
8.51 |
Net Debt to NOPAT |
|
-9.70 |
-2.94 |
-0.99 |
1.25 |
2.36 |
5.88 |
7.46 |
6.99 |
8.01 |
7.03 |
Long-Term Debt to NOPAT |
|
0.80 |
0.59 |
1.20 |
2.07 |
3.18 |
6.16 |
8.67 |
8.19 |
8.70 |
8.02 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
68 |
44 |
-6.88 |
-80 |
-102 |
-218 |
-214 |
-193 |
-184 |
-38 |
Operating Cash Flow to CapEx |
|
2,687.04% |
1,607.93% |
25,722.41% |
19,904.17% |
11,055.88% |
866.30% |
13,869.23% |
3,381.88% |
6,104.50% |
1,529.76% |
Free Cash Flow to Firm to Interest Expense |
|
79.36 |
52.27 |
-8.41 |
-65.09 |
-40.95 |
-57.38 |
-39.70 |
-32.61 |
-29.15 |
-6.09 |
Operating Cash Flow to Interest Expense |
|
15.15 |
11.50 |
18.26 |
7.81 |
3.02 |
2.27 |
2.01 |
1.64 |
2.15 |
0.91 |
Operating Cash Flow Less CapEx to Interest Expense |
|
14.59 |
10.78 |
18.19 |
7.77 |
2.99 |
2.01 |
2.00 |
1.60 |
2.12 |
0.85 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.04 |
0.04 |
0.04 |
0.05 |
0.05 |
0.04 |
0.04 |
0.04 |
0.04 |
0.05 |
Fixed Asset Turnover |
|
3.36 |
3.63 |
3.90 |
4.02 |
4.31 |
4.00 |
4.00 |
4.01 |
4.05 |
4.19 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
298 |
308 |
332 |
390 |
409 |
530 |
553 |
594 |
600 |
574 |
Invested Capital Turnover |
|
0.30 |
0.32 |
0.34 |
0.33 |
0.32 |
0.25 |
0.24 |
0.21 |
0.21 |
0.20 |
Increase / (Decrease) in Invested Capital |
|
-58 |
-34 |
16 |
89 |
111 |
222 |
220 |
204 |
191 |
45 |
Enterprise Value (EV) |
|
-50 |
209 |
227 |
322 |
351 |
552 |
536 |
528 |
608 |
562 |
Market Capitalization |
|
241 |
315 |
265 |
273 |
262 |
366 |
317 |
310 |
373 |
338 |
Book Value per Share |
|
$27.25 |
$28.79 |
$30.05 |
$30.16 |
$29.85 |
$32.61 |
$32.91 |
$33.88 |
$35.90 |
$35.48 |
Tangible Book Value per Share |
|
$20.81 |
$22.39 |
$23.69 |
$23.85 |
$23.59 |
$26.35 |
$26.69 |
$27.72 |
$29.77 |
$29.39 |
Total Capital |
|
298 |
308 |
332 |
390 |
409 |
530 |
553 |
594 |
600 |
574 |
Total Debt |
|
66 |
63 |
76 |
133 |
153 |
252 |
273 |
304 |
293 |
271 |
Total Long-Term Debt |
|
24 |
21 |
46 |
81 |
120 |
195 |
255 |
255 |
255 |
255 |
Net Debt |
|
-291 |
-105 |
-38 |
49 |
89 |
186 |
219 |
218 |
235 |
224 |
Capital Expenditures (CapEx) |
|
0.49 |
0.61 |
0.06 |
0.05 |
0.07 |
0.99 |
0.08 |
0.29 |
0.22 |
0.37 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
66 |
63 |
76 |
133 |
153 |
252 |
273 |
304 |
293 |
271 |
Total Depreciation and Amortization (D&A) |
|
0.80 |
2.18 |
1.33 |
1.34 |
0.38 |
1.00 |
1.18 |
1.21 |
1.18 |
1.17 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.20 |
$1.20 |
$1.06 |
$1.12 |
$1.06 |
$0.48 |
$0.80 |
$1.32 |
$0.85 |
$0.78 |
Adjusted Weighted Average Basic Shares Outstanding |
|
8.51M |
8.62M |
8.52M |
8.56M |
8.51M |
8.51M |
8.54M |
8.55M |
8.51M |
8.50M |
Adjusted Diluted Earnings per Share |
|
$0.00 |
$1.20 |
$1.06 |
$1.12 |
$1.06 |
$0.47 |
$0.80 |
$1.32 |
$0.84 |
$0.77 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
8.51M |
8.62M |
8.52M |
8.56M |
8.51M |
8.54M |
8.54M |
8.55M |
8.55M |
8.54M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
8.51M |
8.51M |
8.52M |
8.56M |
8.51M |
8.51M |
8.54M |
8.55M |
8.55M |
10.54M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
10 |
10 |
9.02 |
9.52 |
9.04 |
4.10 |
6.77 |
11 |
8.07 |
6.60 |
Normalized NOPAT Margin |
|
36.39% |
34.61% |
32.14% |
33.79% |
32.25% |
18.24% |
25.77% |
41.18% |
29.07% |
24.50% |
Pre Tax Income Margin |
|
46.00% |
43.43% |
40.68% |
42.77% |
41.46% |
21.13% |
32.47% |
52.02% |
33.88% |
30.59% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
15.14 |
15.13 |
13.98 |
9.86 |
4.67 |
1.25 |
1.60 |
2.41 |
1.49 |
1.30 |
NOPAT to Interest Expense |
|
11.98 |
12.06 |
11.04 |
7.79 |
3.63 |
1.08 |
1.26 |
1.91 |
1.14 |
1.05 |
EBIT Less CapEx to Interest Expense |
|
14.57 |
14.41 |
13.91 |
9.82 |
4.64 |
0.99 |
1.58 |
2.36 |
1.46 |
1.24 |
NOPAT Less CapEx to Interest Expense |
|
11.41 |
11.34 |
10.97 |
7.75 |
3.61 |
0.82 |
1.24 |
1.86 |
1.11 |
0.99 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
29.93% |
25.50% |
24.21% |
23.98% |
25.24% |
30.62% |
33.52% |
32.69% |
35.90% |
33.64% |
Augmented Payout Ratio |
|
55.81% |
44.19% |
41.79% |
33.72% |
29.41% |
37.01% |
40.80% |
39.57% |
38.29% |
34.42% |
Key Financial Trends
ACNB Corp (NASDAQ:ACNB) Financial Summary and Trends (Q3 2022 - Q4 2024):
Examining ACNB's recent quarterly financial data reveals several key trends and considerations useful for retail investors tracking the company's performance.
- Net Interest Income has steadily increased from approximately $22.5M in Q3 2022 to about $21.1M in Q4 2024, reflecting consistent core banking revenue.
- Net Income shows growth over the last two years, with Q4 2024 reporting $6.6M compared to $4.1M in Q4 2023 and improving from earlier quarters, indicating improving profitability.
- Earnings Per Share (EPS) have generally trended upwards, with diluted EPS rising from around $0.47 in Q3 2024 to $0.77 in Q4 2024, benefiting shareholders.
- Quarterly salaries and employee benefits expenses remain controlled relative to revenue, supporting operational efficiency.
- Provision for credit losses has been generally low or even negative in some quarters, reflecting stable credit quality and effective risk management.
- Total assets have fluctuated but remain around $2.4 billion, showing a stable asset base but also some volatility likely influenced by investment securities and loans.
- There is regular and moderate capital expenditure on premises and equipment (capex), supporting operational infrastructure without excessive strain on cash.
- Issuance and repayment of debt have varied significantly quarter to quarter, indicating active balance sheet management, which could imply flexibility or refinancing needs.
- Net cash flows from financing activities have been negative most quarters, with significant repayments and deposit outflows, which may suggest liquidity pressure or strategic deleveraging.
- Non-interest income, particularly net realized and unrealized losses on investments, recorded large negative impacts in Q4 2023, decreasing total revenue and indicating some volatility in investment portfolio performance.
In summary, ACNB shows a generally positive trajectory in core earnings capacity and EPS growth over the last several quarters, underpinned by stable interest income and sound credit loss management. However, investors should be cautious of volatility in the investment income and watch changes in deposits and financing cash flows for liquidity signals. Overall, ACNB's financials suggest solid operational performance with manageable risks on the horizon.
08/29/25 02:40 AM ETAI Generated. May Contain Errors.