ACNB reported record net income of $15.2 million, or $1.49 diluted earnings per share, for the quarter ended June 30, 2026, up from $11.6 million and $1.11 diluted EPS a year earlier. The company posted FTE net interest margin of 4.56% and total loans outstanding of $2.40 billion at quarter end. ACNB also returned capital to shareholders via a regular quarterly dividend increase to $0.42 per share, a one-time special dividend of $0.50 per share, and ongoing share repurchases.
Financial Highlights
- Net income: $15.2 million for Q2 2026; diluted earnings per share: $1.49.
- FTE net interest margin: 4.56% for Q2 2026 (up from 4.21% year-over-year).
- Net interest income: $34.0 million for the three months ended June 30, 2026.
- Total loans outstanding: $2.40 billion at June 30, 2026; allowance for credit losses: $24.0 million.
- Deposits: $2.536 billion total deposits; noninterest-bearing deposits $600.7 million at quarter end.
Business Highlights
- Loan growth driven primarily by commercial real estate, including farmland and owner-occupied balances, and increased commercial & industrial and construction lending during the quarter.
- Investment securities portfolio repositioned in December 2025 contributed to higher yields in Q2 2026.
- Strong deposit acquisition initiatives, including promotional incentives on commercial checking accounts, increased noninterest-bearing demand balances and supported liquidity.
- Continued capital management actions: repurchased 179,407 shares in Q2 2026 and paid both an increased regular quarterly dividend and a one-time special dividend.
- Asset quality remained stable with total non-performing loans to total loans at 0.41% and allowance for credit losses roughly 1.00% of loans.
Original SEC Filing:
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