ACNB Corporation, headquartered in Gettysburg, PA, is the $2.6 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and Russell Insurance Group, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 21 community banking offices, located in the four southcentral Pennsylvania counties of Adams, Cumberland, Franklin and York, as well as loan offices in Lancaster and York, PA, and Hunt Valley, MD. As divisions of ACNB Bank operating in Maryland, FCB Bank and NWSB Bank serve the local marketplace with a network of five and seven community banking offices located in Frederick County and Carroll County, MD, respectively. Russell Insurance Group, Inc., the Corporation's insurance subsidiary, is a full-service agency with licenses in 44 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster, Germantown and Jarrettsville, MD, and Gettysburg, PA.
Company profile
Ticker
ACNB
Exchange
Website
CEO
James P. Helt
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
IRS number
232233457
ACNB stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
21 Mar 23
10-K
2022 FY
Annual report
3 Mar 23
8-K
Departure of Directors or Certain Officers
7 Feb 23
8-K
Acnb Corporation Announces First Quarter Cash Dividend
30 Jan 23
8-K
Acnb Corporation Reports 2022 Record Financial Results
26 Jan 23
8-K
Departure of Directors or Certain Officers
23 Dec 22
8-K
Acnb Corporation Announces Rebranding of Maryland Banking Divisions
19 Dec 22
8-K
Other Events
30 Nov 22
8-K
Amendments to Articles of Incorporation or Bylaws
21 Nov 22
424B3
Prospectus supplement
18 Nov 22
Financial summary
| Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 168.16 mm | 168.16 mm | 168.16 mm | 168.16 mm | 168.16 mm | 168.16 mm |
| Cash burn (monthly) | 62.96 mm | 45.16 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 173.33 mm | 124.35 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -5.17 mm | 43.81 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -0.1 | 1.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
28.5% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 57 |
| Opened positions | 10 |
| Closed positions | 6 |
| Increased positions | 16 |
| Reduced positions | 18 |
| 13F shares | Current |
|---|---|
| Total value | 78.60 bn |
| Total shares | 2.43 mm |
| Total puts | 0.00 |
| Total calls | 0.00 |
| Total put/call ratio | – |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 451.25 k | $17.96 bn |
| FMR | 431.98 k | $17.20 bn |
| Vanguard | 404.67 k | $16.11 bn |
| Dimensional Fund Advisors | 217.70 k | $8.67 mm |
| Geode Capital Management | 154.39 k | $6.15 mm |
| STT State Street | 116.28 k | $4.63 bn |
| Bridgeway Capital Management | 88.20 k | $3.51 bn |
| Hotchkis & Wiley Capital Management | 71.32 k | $2.84 bn |
| NTRS Northern Trust | 68.83 k | $2.74 bn |
| American Century Companies | 42.80 k | $1.70 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 15 Mar 23 | Chaney Kimberly S | ACNB Corporation Common | Grant | Acquire A | No | No | 31.915 | 105.236 | 3.36 k | 7,771.405 |
| 15 Mar 23 | Elsner Frank Iii | ACNB Corporation Common | Grant | Acquire A | No | No | 31.915 | 139.286 | 4.45 k | 25,833.791 |
| 15 Mar 23 | Elsner Frank Iii | ACNB Corporation Common | Buy | Acquire P | No | No | 31.915 | 25.44 | 811.92 | 25,694.506 |
| 15 Mar 23 | Herring Todd L | ACNB Corporation Common | Grant | Acquire A | No | No | 31.915 | 230.495 | 7.36 k | 7,250.145 |
| 15 Mar 23 | Kelley Scott L | ACNB Corporation Common | Grant | Acquire A | No | No | 31.915 | 91.596 | 2.92 k | 23,725.477 |
| 15 Mar 23 | Lott James J | ACNB Corporation Common | Grant | Acquire A | No | No | 31.915 | 142.079 | 4.53 k | 16,144.663 |