ACNB (ACNB) Q1 2026 earnings summary

Executive summary

• Net income reached $13.7 million ($1.32 diluted EPS) for Q1 2026, up from a net loss of $272 thousand in Q1 2025 and $10.8 million in Q4 2025.

• Profitability improved with ROAA at 1.71% and ROAE at 12.97% for Q1 2026.

• Results reflect strong core banking, disciplined expense management, and stable asset quality.

Financial highlights

• Net interest income was $32.5 million, up $5.4 million year-over-year, but down $336 thousand sequentially.

• FTE net interest margin rose to 4.46% from 4.07% a year ago and 4.36% last quarter.

• Noninterest income was $8.3 million, up $1.1 million year-over-year, driven by acquisition and gains on mortgage loans and insurance.

• Noninterest expense was $23.6 million, down $5.7 million year-over-year due to lower merger-related costs.

• Total loans outstanding were $2.35 billion, up 0.8% sequentially and 1.2% year-over-year.

• Total deposits were $2.53 billion, up $75.6 million sequentially.

• Tangible book value per share increased to $32.99 from $28.23 a year ago.

Outlook and guidance

• Management remains focused on sustainable earnings, disciplined risk management, and long-term shareholder value.

• Strong capital levels provide flexibility for future growth.