| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 50.51 | 16.2% |
| Total Income | 50.51 | 16.2% |
| Expenditure | 36.80 | 15.9% |
| PBT | 17.26 | 3238.2% |
| Net Profit | 13.70 | 5174.1% |
| OPM | — | |
| NPM | 27.13% | 27.76pp |
| EPS | 1.32 | 4500.0% |
ACNB Corporation Reports Q1 2026 Net Income of $13.7 Million
23 Apr 2026 · 23 Apr, 6:41 pm
Summary
ACNB Corporation reported a net income of $13.7 million, or $1.32 diluted earnings per share, for the first quarter of 2026. This compares favorably to a net loss of $272 thousand for the same period in 2025. The company's return on average assets was 1.71%, and return on average equity was 12.97%. Total loans outstanding reached $2.35 billion, and noninterest-bearing deposits totaled $576.1 million. James P. Helt, ACNB Corporation President and CEO, stated the results reflect the strength of their core relationship banking strategy and disciplined expense management.
Key Highlights
- 1
ACNB Corporation reported net income of $13.7 million, or $1.32 diluted earnings per share, for the three months ended March 31, 2026.
- 2
Return on average assets was 1.71% and return on average equity was 12.97% for the three months ended March 31, 2026.
- 3
The fully taxable equivalent net interest margin was 4.46% for the three months ended March 31, 2026.
- 4
Total loans outstanding were $2.35 billion at March 31, 2026, reflecting an increase of 0.8% from December 31, 2025.
- 5
Total noninterest-bearing deposits were $576.1 million at March 31, 2026, an increase of 4.0% from December 31, 2025.
- 6
The tangible common equity to tangible assets ratio was 10.67% at March 31, 2026.
- 7
ACNB repurchased 73,972 shares of ACNB common stock in open market transactions for the three months ended March 31, 2026 at a weighted average price of $47.54 per share.
Management Comments
James P. Helt
We are pleased to report a strong start to 2026, highlighted by solid profitability, stable asset quality, and continued balance sheet growth. Our results reflect the strength of our core relationship banking strategy, disciplined expense management, and consistent execution across the franchise.
James P. Helt
Loan growth was healthy during the quarter, supported by a solid pipeline and continued demand across our markets, while deposit growth remained robust and well-balanced, reinforcing our strong liquidity position. Importantly, credit quality metrics remained stable, with low levels of non-performing assets and net charge- offs, underscoring the effectiveness of our conservative underwriting approach.
James P. Helt
We also maintained strong capital levels, providing both financial flexibility and a solid foundation to support future growth. As we move further into 2026, we remain focused on delivering sustainable earnings, maintaining disciplined risk management, and creating long-term value for our shareholders.
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