Bank ACNB's Q2 net income misses estimates

Overview

• ACNB Q2 net income rises but misses analyst expectations, per LSEG data

• EPS for Q2 misses consensus, reflecting challenges post-acquisition

• Co announces 6.3% increase in quarterly dividend, repurchased shares in Q2

Outlook

• ACNB focused on managing uncertain economic challenges through diversification

• Company optimistic about strong capital position and asset quality

• ACNB aims to deliver profitability despite economic uncertainties

• Company leveraging strong liquidity to navigate economic challenges

Result Drivers

• ACQUISITION IMPACT - Net interest income rose by $10 mln from Q2 2024, driven primarily by the acquisition of Traditions Bancorp, Inc.

• LOAN GROWTH - Total loans increased by $19.6 mln from March 31, 2025, with growth across real estate construction, commercial and industrial, home equity lines of credit, and residential mortgage

• NONINTEREST INCOME - Noninterest income rose by $2.3 mln from Q2 2024, driven by gains from mortgage loans held for sale and insurance commissions

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for ACNB Corp is $48.00, about 10.4% above its July 23 closing price of $43.01

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release: ID:nGNX1gtZh