$ACNB

ACNB CORP (ACNB) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 pressrelease2026-q2.htm EX-99.1 pressrelease2026-q2 PRESS RELEASE FOR IMMEDIATE RELEASE Contact: Jason H. Weber EVP/Treasurer & Chief Financial Officer 717.339.5090 jweber@acnb.com ACNB CORPORATION REPORTS RECORD 2026 SECOND QUARTER FINANCIAL RESULTS GETTYSBURG, PA, Jul

ACNB Corporation has announced an update to its capital allocation strategy. This includes an increase in its regular quarterly cash dividend to $0.42 per share, a one-time special cash dividend of $0.50 per share, and a new authorization to repurchase up to 310,000 shares of its common stock. These actions reflect the Board's confidence in the company's financial performance and commitment to shareholder value.

ACNB Corporation reported Q1 2026 net income of $13.7 million, or $1.32 diluted EPS, a significant rebound from a net loss in Q1 2025. This improvement was driven by balance sheet restructuring benefits, loan growth, and stable credit metrics, with the fully taxable equivalent net interest margin reaching 4.46%. The company also reported strong capital levels and continued growth in total loans and deposits, reinforcing its post-acquisition profitability trend.

ACNB Corporation reported net income of $13.7 million, or $1.32 diluted earnings per share, for the first quarter of 2026, marking a significant improvement from a net loss in the same period last year. The strong performance was attributed to solid profitability, stable asset quality, and continued balance sheet growth, with healthy loan growth and robust deposit increases. The company also maintained strong capital levels and repurchased shares of its common stock.

Vanguard has filed an amended Schedule 13G/A for ACNB Corp, reporting 0 shares beneficially owned and 0% of common stock. This change follows an internal realignment on January 12, 2026, which led to certain Vanguard subsidiaries reporting their holdings separately. The filing clarifies that Vanguard itself no longer holds beneficial ownership of ACNB shares as a result of this reorganization.

ACNB Corporation is holding its 2026 Annual Meeting of Shareholders virtually on May 5, 2026, to vote on several key proposals. These include the election of four Class 3 directors, a non-binding advisory vote on executive compensation, and significant amendments to the articles of incorporation to increase authorized common shares from 20 million to 40 million and to permit uncertificated shares. Additionally, shareholders will consider approving an Employee Stock Purchase Plan and ratifying Crowe LLP as the independent auditors for 2026.

ACNB Corporation has declared a quarterly dividend of $0.38 per share, payable on March 13th to shareholders of record as of February 27th, representing an annualized yield of 3.1%. The bank has consistently increased its dividend for eight consecutive years, with a sustainable payout ratio of approximately 33%. Analysts maintain a "Buy" rating for ACNB, expecting the company to cover its annual dividend with projected earnings.

ACNB (ACNB) stock has returned 29.5% year-to-date, outperforming the Finance sector average of 17.2%. The company currently holds a Zacks Rank of #1 (Strong Buy) with improving analyst sentiment. Another Finance stock, Pagaya Technologies Ltd. (PGY), has seen even higher returns at 168.7% year-to-date and holds a Zacks Rank #2 (Buy).

Here is how Palomar (PLMR) and ACNB (ACNB) have performed compared to their sector so far this year.

Here is how Capital One (COF) and ACNB (ACNB) have performed compared to their sector so far this year.