ACNB (NASDAQ:ACNB – Get Free Report) posted its earnings results on Wednesday. The bank reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $0.48, Yahoo Finance reports. The firm had revenue of $33.30 million during the quarter, compared to analyst estimates of $26.66 million. ACNB had a net margin of 25.62% and a return on equity of 11.51%.
ACNB Stock Up 0.2 %
ACNB traded up $0.06 on Friday, reaching $38.85. 10,333 shares of the company traded hands, compared to its average volume of 16,215. The stock’s 50 day moving average price is $34.14 and its 200-day moving average price is $35.85. ACNB has a 52-week low of $30.24 and a 52-week high of $48.55. The company has a market cap of $331.78 million, a price-to-earnings ratio of 11.21 and a beta of 0.62. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.92 and a quick ratio of 0.92.
ACNB Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 13th. Investors of record on Friday, August 30th will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 3.29%. The ex-dividend date is Friday, August 30th. ACNB’s payout ratio is presently 36.99%.
Analyst Upgrades and Downgrades
About ACNB
ACNB Corporation, a financial holding company, offers banking, insurance, and financial services to individual, business, and government customers in the United States. The company provides checking, savings, and money market deposit accounts, as well as time deposits and debit cards. It also offers commercial lending products, such as commercial mortgages, real estate development and construction loans, accounts receivable and inventory financing, and agricultural and governmental loans; consumer lending products, including home equity loans and lines of credit, automobile and recreational vehicle loans, manufactured housing loans, and personal lines of credit; and mortgage lending programs include personal residential mortgages, and residential construction and investment mortgage loans.
Read More
- Five stocks we like better than ACNB
- Health Care Stocks Explained: Why You Might Want to Invest
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Pros And Cons Of Monthly Dividend Stocks
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- What are earnings reports?
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for ACNB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ACNB and related companies with MarketBeat.com's FREE daily email newsletter.