ACNB Corporation (NASDAQ: ACNB) has reported its 2025 second-quarter financial results, showing a net income of $11.6 million, or $1.11 diluted earnings per share, for the three months ended June 30, 2025. This reflects a slight increase from the net income of $11.3 million, or $1.32 diluted earnings per share, for the same period in 2024.
The company's fully taxable equivalent net interest margin for the three months ended June 30, 2025, was 4.21%, showing an improvement from 4.07% for the three months ended March 31, 2025, and 3.82% for the same period in 2024.
Total loans were reported at $2.34 billion at June 30, 2025, representing a $19.6 million increase from March 31, 2025, or 3.4% on an annualized basis.
The tangible common equity to tangible assets ratio was 9.65% at June 30, 2025, compared to 9.33% at March 31, 2025, and 9.84% at June 30, 2024.
ACNB Corporation declared a regular quarterly cash dividend of $0.34 per share for the second quarter, reflecting a $0.02, or 6.3%, increase over the same period in 2024. The company also repurchased 71,592 shares of ACNB common stock in open market transactions during the second quarter.
Net interest income for the three months ended June 30, 2025, totaled $31.0 million, a significant increase from the three months ended June 30, 2024, and an increase of $3.9 million from the three months ended March 31, 2025.
Noninterest income for the three months ended June 30, 2025, was $8.7 million, demonstrating an increase of $2.3 million from the same period in 2024.
Total loans outstanding were $2.34 billion at June 30, 2025, marking an increase of $19.6 million from March 31, 2025, and an increase of $662.2 million from June 30, 2024.
Deposits totaled $2.52 billion at June 30, 2025, with noninterest-bearing deposits amounting to $568.3 million, reflecting an increase from both March 31, 2025, and June 30, 2024.
Total stockholders’ equity was $395.2 million at June 30, 2025, compared to $386.9 million at March 31, 2025, and $289.3 million at June 30, 2024.
ACNB Corporation also repurchased 71,592 shares of ACNB common stock in open market transactions during the three months ended June 30, 2025.
For further details and a complete breakdown of the financial results, please refer to the official press release issued by ACNB Corporation. Today the company's shares have moved -1.3% to a price of $42.45. For more information, read the company's full 8-K submission here.
