ACNB Corporation Reports Record 2026 Second Quarter Financial Results

ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced net income of $15.2 million, or $1.49 diluted earnings per share, for the three months ended June 30, 2026 compared to net income of $13.7 million, or $1.32 diluted earnings per share, for the three months ended March 31, 2026 and compared to net income of $11.6 million, or $1.11 diluted earnings per share, for the three months ended June 30, 2025.

The financial results for the three months ended June 30, 2025 were impacted by after-tax merger-related expenses of $1.5 million related to the acquisition of Traditions Bancorp, Inc. which was completed on February 1, 2025 (“Acquisition”).

2026 Second Quarter Highlights

Return on average assets was 1.85% and return on average equity was 14.54% for the three months ended June 30, 2026

Fully taxable equivalent (“FTE”) net interest margin was 4.56% for the three months ended June 30, 2026 compared to 4.46% for the three months ended March 31, 2026 and 4.21% for the three months ended June 30, 2025

Total loans outstanding were $2.40 billion at June 30, 2026, an increase of 2.1% from March 31, 2026; equating to an annualized growth rate of 8.6%

Total noninterest-bearing deposits were $600.7 million at June 30, 2026, an increase of 4.3% from March 31, 2026; equating to an annualized growth rate of 18.3%

Tangible common equity to tangible assets ratio1 of 10.47% at June 30, 2026 compared to 10.67% at March 31, 2026 and 9.65% at June 30, 2025

ACNB repurchased 179,407 shares of ACNB common stock in open market transactions during the three months ended June 30, 2026 at a weighted average price of $50.79 per share. There are 253,692 shares remaining in the current plan

ACNB paid a regular quarterly cash dividend of $0.42 during the three months ended June 30, 2026, a 10.5% increase, or $0.04, over the $0.38 cash dividend paid during the three months ended March 31, 2026, and a 23.5% increase over the $0.34 paid during the three months ended June 30, 2025.

In addition to the regular dividend, ACNB paid a one-time special cash dividend of $0.50 per share during the three months ended June 30, 2026

“Our record setting second quarter performance reflects the successful execution of our strategic priorities and the strength of our balanced business model. Record earnings, strong loan production, stable asset quality, and robust noninterest-bearing deposit growth demonstrate the resilience of our franchise and our ability to deliver consistent value for our shareholders,” said James P. Helt, ACNB Corporation President and Chief Executive Officer.

Mr. Helt continued, “As we look ahead, we remain committed to disciplined growth, prudent risk management, and delivering sustainable long-term shareholder value while advancing our vision of being the financial provider of choice in the markets we serve.”