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ACNB Corporation Announces Third Quarter Cash Dividend

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ACNB (NASDAQ: ACNB) has announced a 14.3% increase in its quarterly cash dividend, declaring $0.32 per share payable on September 13, 2024, to shareholders of record as of August 30, 2024. This increase from $0.28 per share in Q3 2023 will result in aggregate dividend payments of approximately $2.7 million to shareholders in Q3 2024.

ACNB , a $2.4 billion financial holding company headquartered in Gettysburg, PA, operates through its subsidiaries ACNB Bank and ACNB Insurance Services, Inc. The bank, founded in 1857, offers banking and wealth management services across 26 community banking offices and three loan offices in Pennsylvania and Maryland. ACNB Insurance Services provides a wide range of insurance products in 46 states.

ACNB (NASDAQ: ACNB) ha annunciato un aumento del 14,3% del suo dividendo in contante trimestrale, dichiarando $0,32 per azione pagabile il 13 settembre 2024, agli azionisti registrati al 30 agosto 2024. Questo aumento rispetto a $0,28 per azione nel terzo trimestre 2023 comporterà pagamenti di dividendi complessivi di circa $2,7 milioni agli azionisti nel terzo trimestre 2024.

ACNB, una società di holding finanziaria da 2,4 miliardi di dollari con sede a Gettysburg, PA, opera attraverso le sue controllate ACNB Bank e ACNB Insurance Services, Inc. La banca, fondata nel 1857, offre servizi bancari e di gestione patrimoniale attraverso 26 filiali bancarie comunitarie e tre uffici prestiti in Pennsylvania e Maryland. ACNB Insurance Services fornisce un'ampia gamma di prodotti assicurativi in 46 stati.

ACNB (NASDAQ: ACNB) ha anunciado un aumento del 14,3% en su dividendo en efectivo trimestral, declarando $0,32 por acción pagadero el 13 de septiembre de 2024, a los accionistas registrados a partir del 30 de agosto de 2024. Este aumento de $0,28 por acción en el tercer trimestre de 2023 resultará en pagos de dividendos agregados de aproximadamente $2,7 millones a los accionistas en el tercer trimestre de 2024.

ACNB, una compañía de tenencia financiera de $2.4 mil millones con sede en Gettysburg, PA, opera a través de sus subsidiarias ACNB Bank y ACNB Insurance Services, Inc. El banco, fundado en 1857, ofrece servicios bancarios y de gestión de patrimonio a través de 26 oficinas bancarias comunitarias y tres oficinas de préstamos en Pennsylvania y Maryland. ACNB Insurance Services ofrece una amplia gama de productos de seguros en 46 estados.

ACNB (NASDAQ: ACNB)는 14.3%의 분기 현금 배당금 인상을 발표하며, 2024년 9월 13일에 주당 $0.32를 지급한다고 밝혔습니다. 배당금은 2024년 8월 30일 기준의 주주들에게 지급됩니다. 2023년 3분기 $0.28에서의 인상은 2024년 3분기 주주들에게 약 $2.7 백만의 총 배당금 지급으로 이어질 것입니다.

ACNB는 펜실베이니아주 게티즈버그에 본사를 둔 24억 달러 규모의 금융 지주 회사로, ACNB 은행과 ACNB 보험 서비스 회사를 통해 운영됩니다. 1857년에 설립된 이 은행은 펜실베이니아와 메릴랜드의 26개 지역 은행 사무소와 3개의 대출 사무소를 통해 은행 서비스 및 자산 관리 서비스를 제공합니다. ACNB 보험 서비스는 46개 주에서 다양한 보험 상품을 제공합니다.

ACNB (NASDAQ: ACNB) a annoncé une augmentation de 14,3% de son dividende en espèces trimestriel, fixant à 0,32 $ par action, payable le 13 septembre 2024, aux actionnaires enregistrés au 30 août 2024. Cette augmentation par rapport à 0,28 $ par action dans le troisième trimestre 2023 se traduira par des paiements de dividendes totaux d'environ 2,7 millions $ aux actionnaires au troisième trimestre 2024.

ACNB, une société de holding financière de 2,4 milliards de dollars basée à Gettysburg, PA, opère à travers ses filiales ACNB Bank et ACNB Insurance Services, Inc. La banque, fondée en 1857, propose des services bancaires et de gestion de patrimoine à travers 26 agences bancaires communautaires et trois bureaux de prêt en Pennsylvanie et au Maryland. ACNB Insurance Services offre une large gamme de produits d'assurance dans 46 États.

ACNB (NASDAQ: ACNB) hat eine 14,3%ige Erhöhung seiner vierteljährlichen Bardividende angekündigt und erklärt, dass am 13. September 2024 $0,32 pro Aktie an die zum 30. August 2024 eingetragenen Aktionäre ausgezahlt werden. Diese Erhöhung von $0,28 pro Aktie im dritten Quartal 2023 führt zu Gesamtdividendenzahlungen von etwa $2,7 Millionen an die Aktionäre im dritten Quartal 2024.

ACNB ist eine Finanzholdinggesellschaft im Wert von 2,4 Milliarden Dollar mit Sitz in Gettysburg, PA, und operiert über ihre Tochtergesellschaften ACNB Bank und ACNB Insurance Services, Inc. Die 1857 gegründete Bank bietet Bank- und Vermögensverwaltungsdienste über 26 Filialen und drei Darlehensbüros in Pennsylvania und Maryland an. ACNB Insurance Services bietet eine breite Palette von Versicherungsprodukten in 46 Bundesstaaten an.

Positive
  • 14.3% increase in quarterly cash dividend
  • Aggregate dividend payments of $2.7 million to shareholders in Q3 2024
  • Extensive network of 26 community banking offices and three loan offices
  • Diversified services including banking, wealth management, and insurance
Negative
  • None.

GETTYSBURG, Pa., July 24, 2024 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved and declared a regular quarterly cash dividend of $0.32 per share of ACNB Corporation common stock payable on September 13, 2024, to shareholders of record as of August 30, 2024. This per share amount reflects a 14.3% increase over the $0.28 per share paid in the third quarter of 2023. This dividend declaration will result in aggregate dividend payments of approximately $2.7 million to ACNB Corporation shareholders in the third quarter of 2024.

ACNB Corporation, headquartered in Gettysburg, PA, is the independent $2.4 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and ACNB Insurance Services, Inc., Westminster, MD. Originally founded in 1857, ACNB 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. ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 46 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, MD, and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit investor.acnb.com.

FORWARD-LOOKING STATEMENTS - In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of Management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as national, regional and local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. Such risks, uncertainties, and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: short-term and long-term effects of inflation and rising costs on the Corporation, customers and economy; effects of governmental and fiscal policies, as well as legislative and regulatory changes; effects of new laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) and their application with which the Corporation and its subsidiaries must comply; impacts of the capital and liquidity requirements of the Basel III standards; effects of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters; ineffectiveness of the business strategy due to changes in current or future market conditions; future actions or inactions of the United States government, including the effects of short-term and long-term federal budget and tax negotiations and a failure to increase the government debt limit or a prolonged shutdown of the federal government; effects of economic conditions particularly with regard to the negative impact of any pandemic, epidemic or health-related crisis and the responses thereto on the operations of the Corporation and current customers, specifically the effect of the economy on loan customers’ ability to repay loans; effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; inflation, securities market and monetary fluctuations; risks of changes in interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities, and interest rate protection agreements, as well as interest rate risks; difficulties in acquisitions and integrating and operating acquired business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; effects of technology changes; effects of general economic conditions and more specifically in the Corporation’s market areas; failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities; acts of war or terrorism or geopolitical instability; disruption of credit and equity markets; ability to manage current levels of impaired assets; loss of certain key officers; ability to maintain the value and image of the Corporation’s brand and protect the Corporation’s intellectual property rights; continued relationships with major customers; and, potential impacts to the Corporation from continually evolving cybersecurity and other technological risks and attacks, including additional costs, reputational damage, regulatory penalties, and financial losses. We caution readers not to place undue reliance on these forward-looking statements. They only reflect Management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the SEC.

ACNB #2024-12
July 24, 2024

Contact:Kevin J. Hayes
 SVP/General Counsel,
 Secretary & Chief
 Governance Officer
 717.339.5161
 khayes@acnb.com

FAQ

What is ACNB 's new quarterly dividend amount for Q3 2024?

ACNB has declared a quarterly cash dividend of $0.32 per share for Q3 2024, payable on September 13, 2024, to shareholders of record as of August 30, 2024.

How much has ACNB increased its dividend compared to Q3 2023?

ACNB has increased its quarterly dividend by 14.3%, from $0.28 per share in Q3 2023 to $0.32 per share in Q3 2024.

What is the total amount ACNB will pay in dividends for Q3 2024?

ACNB will pay approximately $2.7 million in aggregate dividend payments to shareholders in the third quarter of 2024.

When is the record date for ACNB 's Q3 2024 dividend?

The record date for ACNB 's Q3 2024 dividend is August 30, 2024.

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