Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 16 Lincoln Sq PO Box 3129 GETTYSBURG PA 17325 |
Tel: | 1-717-3395161 |
Website: | https://www.acnb.com |
IR: | See website |
Key People | ||
James P. Helt President, Chief Executive Officer, Director | Jason H. Weber Chief Financial Officer, Executive Vice President, Treasurer | Kevin J. Hayes Senior Vice President, Chief Governance Officer, General Counsel, Company Secretary |
Business Overview |
ACNB Corporation is a financial holding company. The Company's banking operations are conducted through its subsidiary, ACNB Bank (the Bank). The Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 26 community banking offices and three loan offices located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. The Company's non-banking subsidiary, ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 44 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster and Jarrettsville, Maryland, and Gettysburg, Pennsylvania. The Bank through, ACNB Wealth Management, provides a range of financial services, including trust services for individuals, businesses and retirement funds. |
Financial Overview |
For the fiscal year ended 31 December 2023, ACNB Corp interest income increased 11% to $96.6M. Net interest income after loan loss provision increased 5% to $87.5M. Net income decreased 11% to $31.7M. Net interest income after loan loss provision reflects Net Interest Margin, Total - % increase of 21% to 4.07%, Net Interest Spread, Total - % increase of 36% to 4.45%, Loans, including fees increase of 13% to $79.4M, Taxable increase of 12% to $11M. |
Employees: | 413 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $314.74M as of Dec 31, 2023 |
Annual revenue (TTM): | $96.64M as of Dec 31, 2023 |
EBITDA (TTM): | $47.84M as of Dec 31, 2023 |
Net annual income (TTM): | $31.69M as of Dec 31, 2023 |
Free cash flow (TTM): | $29.73M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $25.73M as of Dec 31, 2023 |
Shares outstanding: | 8,505,310 as of Mar 14, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |