Acnb Corp Stock Price, News & Analysis

ACNB (NASDAQ: ACNB) has announced a quarterly cash dividend increase of 6.25% to $0.34 per share, payable on June 13, 2025, to shareholders of record as of May 30, 2025. This marks the fifth consecutive calendar year of dividend increases for the company.

The $3.26 billion financial holding company, headquartered in Gettysburg, PA, has demonstrated strong dividend growth, increasing its quarterly payment by 70% since 2017, from $0.20 to $0.34 per share. ACNB Bank operates through 33 community banking offices and one loan office across Pennsylvania and Maryland counties, while ACNB Insurance Services provides insurance services across 46 states.

ACNB (NASDAQ: ACNB) has completed its acquisition of Traditions Bancorp and its subsidiary, Traditions Bank, effective February 1, 2025. The merger creates a stronger community bank with approximately $3.26 billion in assets, $2.54 billion in deposits, and $2.36 billion in loans, serving customers through 35 banking offices across south central Pennsylvania and northern Maryland.

Under the merger terms, Traditions stockholders received 0.7300 shares of ACNB common stock for each Traditions share. Former Traditions Bank branches will operate as 'Traditions Bank, A Division of ACNB Bank', while the mortgage operations will continue as 'Traditions Mortgage, A Division of ACNB Bank'. Three former Traditions directors - Eugene J. Draganosky, Elizabeth F. Carson, and John M. Polli - have joined ACNB's Board of Directors, bringing extensive banking and business expertise.

ACNB (NASDAQ: ACNB) has completed its acquisition of Traditions Bancorp and its subsidiary, Traditions Bank, effective February 1, 2025. The merger creates a stronger financial institution with approximately $3.26 billion in assets, $2.04 billion in deposits, and $2.36 billion in loans, serving customers through 35 community banking offices across south central Pennsylvania and northern Maryland.

Under the terms of the merger, Traditions stockholders received 0.7300 shares of ACNB common stock for each Traditions share, with cash paid for fractional shares. Three former Traditions directors - Eugene J. Draganosky, Elizabeth F. Carson, and John M. Polli - have joined ACNB's Board of Directors. The former Traditions Bank branches will operate as 'Traditions Bank, A Division of ACNB Bank', while mortgage operations will continue as 'Traditions Mortgage, A Division of ACNB Bank'.

ACNB (NASDAQ: ACNB) has announced a quarterly cash dividend of $0.32 per share, payable on March 14, 2025, to shareholders of record as of February 28, 2025. This represents a 6.7% increase from the $0.30 per share paid in Q1 2024.

The total dividend payments are expected to reach approximately $3.38 million in Q1 2025, marking a 24% increase from the previous quarter. This increase is attributed to additional shares that will be issued to former Traditions Bancorp shareholders following the anticipated acquisition closure on February 1, 2025.

ACNB , a $2.4 billion financial holding company, operates through ACNB Bank and ACNB Insurance Services, serving Pennsylvania and Maryland through 27 banking offices and two loan offices.

ACNB reported Q4 2024 net income of $6.6 million ($0.77 per diluted share), showing a 61.0% increase from Q4 2023 but an 8.5% decrease from Q3 2024. Full-year 2024 net income reached $31.8 million ($3.73 per diluted share), up 0.5% from 2023.

Key financial metrics include a return on average assets of 1.31% and return on average equity of 10.94% for 2024. The fully taxable equivalent net interest margin was 3.79%, down from 4.07% in 2023. Total loans outstanding reached $1.68 billion, up 3.4% year-over-year, while deposits totaled $1.79 billion, decreasing 3.7% from 2023.

Financial results were impacted by $2.0 million in merger-related expenses due to the pending acquisition of Traditions Bancorp, expected to close on February 1, 2025. The company also benefited from a $2.8 million reversal of provisions for credit losses and unfunded commitments in 2024.

ACNB (NASDAQ: ACNB) and Traditions Bancorp (OTC Pink: TRBK) announced shareholder approvals for ACNB's proposed acquisition of Traditions. At special meetings held on December 18, 2024, ACNB shareholders approved the issuance of common stock to Traditions shareholders, while Traditions shareholders approved the merger with 99.5% approval from 85.1% of voted shares.

The acquisition, originally announced on July 23, 2024, will merge Traditions with an ACNB subsidiary. The transaction is expected to close on February 1, 2025, subject to customary closing conditions. Both companies' leadership expressed optimism about the merger's potential to enhance innovation and create a stronger community banking presence.

ACNB (NASDAQ: ACNB) has received all required regulatory approvals for its proposed acquisition of Traditions Bancorp (OTC Pink: TRBK). The Federal Deposit Insurance and Pennsylvania Department of Banking and Securities have approved the applications, while the Federal Reserve Bank of Philadelphia granted ACNB a merger application waiver. Both companies' shareholders will vote on the proposed transaction at special meetings scheduled for December 18, 2024. Subject to shareholder approvals and other closing conditions, the transaction is expected to close on February 1, 2025.

ACNB reported Q3 2024 net income of $7.2 million ($0.84 per diluted share), down from $9.0 million ($1.06 per share) in Q3 2023 and $11.3 million ($1.32 per share) in Q2 2024. The quarter's results were impacted by $1.1 million in merger-related expenses due to the pending Traditions Bancorp acquisition. Key metrics include a return on average assets of 1.17%, FTE net interest margin of 3.77%, and non-performing loans ratio of 0.39%. Total loans stood at $1.68 billion, while deposits decreased to $1.79 billion. The Board declared a quarterly dividend of $0.32 per share, representing a 6.7% increase over the same quarter of 2023.

ACNB (NASDAQ: ACNB) has announced a regular quarterly cash dividend of $0.32 per share, payable on December 13, 2024, to shareholders of record as of November 29, 2024. This represents a 6.7% increase from the $0.30 per share paid in Q4 2023. The total dividend payout will be approximately $2.7 million for Q4 2024.

ACNB , a $2.4 billion financial holding company based in Gettysburg, PA, owns ACNB Bank and ACNB Insurance Services, Inc. ACNB Bank, founded in 1857, operates 27 community banking offices and two loan offices across Pennsylvania and Maryland. ACNB Insurance Services, Inc. is licensed in 46 states, offering various insurance products through offices in Maryland and Pennsylvania.