Stock Analysis Report

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Executive Summary

ACNB Corporation, a financial holding company, provides banking, insurance, and financial services to individual, business, and government customers in the United States. More Details

Snowflake Analysis

Flawless balance sheet average dividend payer.

Similar Companies

Share Price & News

How has ACNB's share price performed over time and what events caused price changes?

Latest Share Price and Events

Stable Share Price: ACNB has not had significant price volatility in the past 3 months.

Market Performance

7 Day Return




US Banks


US Market

1 Year Return




US Banks


US Market

Return vs Industry: ACNB underperformed the US Banks industry which returned -26.3% over the past year.

Return vs Market: ACNB underperformed the US Market which returned 18.3% over the past year.

Shareholder returns

7 Day6.6%3.9%-0.4%
30 Day12.9%13.0%8.0%
90 Day-1.7%3.8%9.4%
1 Year-33.1%-35.4%-23.6%-26.3%21.0%18.3%
3 Year-14.4%-21.8%-16.3%-23.3%42.1%32.7%
5 Year19.6%2.8%21.9%6.8%85.6%64.7%

Price Volatility Vs. Market

How volatile is ACNB's share price compared to the market and industry in the last 5 years?

Simply Wall St News


Is ACNB undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ACNB ($22.25) is trading below our estimate of fair value ($35.54)

Significantly Below Fair Value: ACNB is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: ACNB is poor value based on its PE Ratio (10.9x) compared to the US Banks industry average (10.2x).

PE vs Market: ACNB is good value based on its PE Ratio (10.9x) compared to the US market (19.2x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ACNB's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: ACNB's PB Ratio (0.8x) is in line with the US Banks industry average.

Next Steps

Future Growth

How is ACNB forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?


Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as ACNB has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Next Steps

Past Performance

How has ACNB performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ACNB has a large one-off loss of $7.3M impacting its June 30 2020 financial results.

Growing Profit Margin: ACNB's current net profit margins (20.7%) are lower than last year (31.8%).

Past Earnings Growth Analysis

Earnings Trend: ACNB's earnings have grown by 17.9% per year over the past 5 years.

Accelerating Growth: ACNB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ACNB had negative earnings growth (-32.5%) over the past year, making it difficult to compare to the Banks industry average (-3.2%).

Return on Equity

High ROE: ACNB's Return on Equity (6.3%) is considered low.

Next Steps

Financial Health

How is ACNB's financial position? (This company is analysed differently as a bank or financial institution)

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: ACNB's Assets to Equity ratio (9.6x) is low.

Allowance for Bad Loans: ACNB has a sufficient allowance for bad loans (234%).

Low Risk Liabilities: 94% of ACNB's liabilities are made up of primarily low risk sources of funding.

Loan Level: ACNB has an appropriate level of Loans to Assets ratio (71%).

Low Risk Deposits: ACNB's Loans to Deposits ratio (84%) is appropriate.

Level of Bad Loans: ACNB has an appropriate level of bad loans (0.5%).

Next Steps


What is ACNB current dividend yield, its reliability and sustainability?


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ACNB's dividend (4.49%) is higher than the bottom 25% of dividend payers in the US market (1.63%).

High Dividend: ACNB's dividend (4.49%) is low compared to the top 25% of dividend payers in the US market (4.56%).

Stability and Growth of Payments

Stable Dividend: ACNB's dividends per share have been stable in the past 10 years.

Growing Dividend: ACNB's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49%), ACNB's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


James Helt (53 yo)





Mr. James P. Helt, also known as Jim, has been the Chief Executive Officer and President of ACNB Corporation since May 5, 2017. He serves as the President of ACNB Bank (the "Bank") since September 1, 2015 ...

CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD740.89K) is below average for companies of similar size in the US market ($USD1.24M).

Compensation vs Earnings: James's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

Leadership Team

James Helt
$ 299.1k
David Cathell
Executive VP14.75yrsUS$408.59k0.20%
$ 383.5k
Lynda Glass
Executive VP14.58yrsUS$661.08k0.14%
$ 271.0k


Average Tenure


Average Age

Experienced Management: ACNB's management team is seasoned and experienced (14.6 years average tenure).

Board Members

James Helt
$ 299.1k
Marian Schultz
Independent Director28.75yrsUS$66.71k0.12%
$ 224.2k
Thomas Ritter
$ 348.8k
Frank Elsner
Independent Director18.42yrsUS$122.96k0.25%
$ 485.5k
Daniel Potts
Independent Director16.42yrsUS$82.98k0.069%
$ 134.1k
Alan Stock
Independent Chairman of the Board0.67yrUS$85.48k0.95%
$ 1.8m
James Lott
Independent Director13.42yrsUS$67.00k0.15%
$ 297.0k
James Williams
Independent Director13.42yrsUS$75.86k0.13%
$ 244.5k
David Sites
Independent Director10.42yrsUS$70.11k0.38%
$ 732.2k
Donna Newell
Independent Director8.42yrsUS$56.17k0.089%
$ 172.2k
Scott Kelley
Independent Director8.42yrsUS$78.07k0.21%
$ 405.7k
Todd Herring
Independent Vice Chairman of the Boardno dataUS$64.22k0.086%
$ 166.6k


Average Tenure


Average Age

Experienced Board: ACNB's board of directors are seasoned and experienced ( 13.4 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: ACNB insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 23%.

Top Shareholders

Company Information

ACNB Corporation's company bio, employee growth, exchange listings and data sources

Key Information

  • Name: ACNB Corporation
  • Ticker: ACNB
  • Exchange: NasdaqCM
  • Founded: 1857
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$193.482m
  • Shares outstanding: 8.70m
  • Website:

Number of Employees


  • ACNB Corporation
  • 16 Lincoln Square
  • Gettysburg
  • Pennsylvania
  • 17325
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACNBNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDOct 1990


ACNB Corporation, a financial holding company, provides banking, insurance, and financial services to individual, business, and government customers in the United States. The company offers checking, savin ...

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 00:42
End of Day Share Price2020/10/23 00:00
Annual Earnings2019/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.