ACNB (NASDAQ:ACNB) Announces Quarterly Earnings Results

ACNB (NASDAQ:ACNB) issued its quarterly earnings data on Thursday. The bank reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.06), Zacks reports. ACNB had a net margin of 23.43% and a return on equity of 10.18%.

ACNB Stock Up 0.8 %

NASDAQ:ACNB opened at $39.69 on Friday. ACNB has a 1 year low of $30.24 and a 1 year high of $50.72. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.83. The stock has a market cap of $339.35 million, a price-to-earnings ratio of 11.54 and a beta of 0.66. The stock has a 50-day moving average price of $42.63 and a two-hundred day moving average price of $41.88.

Wall Street Analyst Weigh In

ACNB has been the subject of a number of recent research reports. StockNews.com upgraded ACNB from a “sell” rating to a “hold” rating in a research report on Friday, November 15th. Janney Montgomery Scott initiated coverage on ACNB in a report on Tuesday, November 19th. They issued a “buy” rating and a $53.00 price objective for the company.

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.