ACNB Corp slightly beats Q4 net income  estimates

Overview

• Financial holding company's Q4 net income slightly beat analyst estimates, EPS missed expectations

• Company's Q4 results impacted by Traditions Bancorp acquisition and securities portfolio repositioning

• Net interest income for Q4 increased significantly yr/yr, driven by acquisition

Outlook

• ACNB did not provide specific financial guidance for 2026

Result Drivers

• ACQUISITION IMPACT - The acquisition of Traditions Bancorp drove increases in average loan balances and net interest income

• SECURITIES REPOSITIONING - Repositioning of investment securities portfolio led to a $3.6 mln pre-tax loss, affecting noninterest income

• NET INTEREST MARGIN - Higher asset yields and lower deposit costs improved net interest margin to 4.36% in Q4

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "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 $56.00, about 10.4% above its January 21 closing price of $50.71

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

Press Release: ID:nGNX8YVnQF

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