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Stock impact report

ACNB Corporation Reports 2024 First Quarter Financial Results

ACNB Corporation (ACNB) 
US:NASDAQ Investor Relations: acnb.com/acnb-corporation
Company Research Source: GlobeNewswire
GETTYSBURG, Pa., April 25, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced net income of $6.8 million, or $0.80 per diluted earnings per share, for the three months ended March 31, 2024 compared to net income of $9.0 million, or $1.06 per diluted earnings per share, for the three months ended March 31, 2023. Compared to the three months ended December 31, 2023, net income and diluted earnings per share for the three months ended March 31, 2024 increased $2.7 million and $0.32, respectively. The financial results for the three month period ended December 31, 2023 were impacted by the repositioning of the investment securities portfolio as announced on Form 8-K on December 15, 2023. 2024 First Quarter Highlights Return on average assets was 1.12% and return on average equity was 9.76% for the three months ended March 31, 2024.Fu Show less Read more
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