The bank maintains a stable capital position with an equity-to-assets ratio of 0.13, while simultaneously optimizing liquidity through a cash position of $93.6 million as of 2026Q1.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Cash & Short Term Investments | 1.24B | 20.61M | 64.85M | 517.65M | 721.72M | 1.15B | 737.07M | 305.19M | 202.63M | 193.49M | 161.92M | 144.45M | 137.67M | 148.1M | 217.18M | 231.85M | 24.17M | 24.14M | 16.93M | 19.21M | 20.66M | 19.27M | 22.7M | 33.41M | 18.09M | 21.93M | 18.6M | 33.68M | 20.8M | 28.73M | 22.08M |
| Cash & Due from Banks | 93.64M | 20.61M | 47.26M | 65.96M | 168.16M | 710.13M | 399.35M | 114.36M | 40.91M | 34.44M | 18.93M | 18.76M | 19.67M | 18.12M | 51.38M | 22.62M | 24.17M | 24.14M | 16.93M | 19.21M | 20.66M | 19.27M | 22.7M | 33.41M | 18.09M | 21.93M | 18.6M | 33.68M | 20.8M | 28.73M | 22.08M |
| Short Term Investments | 0 | 0 | 17.59M | 451.69M | 553.55M | 437.1M | 337.72M | 190.84M | 161.73M | 157.27M | 142.99M | 125.69M | 118M | 129.98M | 165.79M | 209.23M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 534.82M | 2.93B | 2.13B | 2.13B | 2.15B | 1.9B | 1.98B | 1.48B | 1.48B | 1.44B | 1.1B | 1.04B | 982.48M | 943.86M | 923.63M | 906.79M | 858M | 857.17M | 888.57M | 834.02M | 872.24M | 856.95M | 843.09M | 799.39M | 685.06M | 582.35M | 529.36M | 497.35M | 348.76M | 338.63M | 321.74M |
| Investments Growth % | 22.49% | 37.61% | -0.01% | -0.89% | 12.92% | -4.04% | 34.23% | -0.44% | 2.99% | 31.12% | 5.38% | 5.98% | 4.09% | 2.19% | 1.86% | 5.69% | 0.1% | -3.53% | 6.54% | -4.38% | 1.78% | 1.64% | 5.47% | 16.69% | 17.64% | 10.01% | 6.44% | 42.6% | 2.99% | 5.25% | 0.32% |
| Long-Term Investments | 8.26B | 2.93B | 2.11B | 1.67B | 1.59B | 1.46B | 1.64B | 1.28B | 1.32B | 1.28B | 954.21M | 915.51M | 864.48M | 813.88M | 757.84M | 697.57M | 858M | 857.17M | 888.57M | 834.02M | 872.24M | 856.95M | 843.09M | 799.39M | 685.06M | 582.35M | 529.36M | 497.35M | 348.76M | 338.63M | 321.74M |
| Accounts Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill & Intangibles | 85.83M | 86.88M | 52.02M | 53.27M | 54.52M | 48.21M | 49.37M | 24.01M | 23.99M | 22.15M | 7M | 7.34M | 7.5M | 8.15M | 8.72M | 9.36M | 9.66M | 10.33M | 10.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 64.45M | 64.45M | 44.19M | 44.19M | 44.19M | 42.11M | 42.11M | 19.58M | 19.58M | 19.58M | 6.31M | 6.31M | 6.31M | 6.31M | 6.31M | 6.31M | 5.97M | 5.97M | 5.97M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 21.38M | 22.43M | 7.84M | 9.08M | 10.33M | 6.1M | 7.26M | 4.43M | 4.41M | 2.57M | 688K | 1.03M | 1.2M | 1.84M | 2.41M | 3.05M | 3.69M | 4.36M | 4.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 30.37M | 34.8M | 28.12M | 28.9M | 30.21M | 34.25M | 36.16M | 29.23M | 26.41M | 26.77M | 18.15M | 18.04M | 17.73M | 15.99M | 15.13M | 14.48M | 14.12M | 14.76M | 14.46M | 14.53M | 14.87M | 14.7M | 11.99M | 7.05M | 7.18M | 5.7M | 4.69M | 4.52M | 5.13M | 5.35M | 6.43M |
| Other Assets | 2.51B | 159.64M | 141.02M | 144.2M | 126.97M | 94.3M | 90.33M | 77.44M | 74.65M | 73.38M | 65.04M | 62.58M | 62.43M | 59.93M | 51.13M | 51.57M | 62.71M | 55.5M | 45.82M | 58.9M | 56.99M | 54.22M | 46.42M | 33.23M | 24.31M | 20.25M | 14.68M | 10.4M | 169.57M | 94.12M | 122.19M |
| Total Current Assets | 109.73M | 20.61M | 64.85M | 517.65M | 721.72M | 1.15B | 737.07M | 305.19M | 202.63M | 193.49M | 161.92M | 144.45M | 137.67M | 148.1M | 217.18M | 231.85M | 24.17M | 24.14M | 16.93M | 19.21M | 20.66M | 19.27M | 22.7M | 33.41M | 18.09M | 21.93M | 18.6M | 33.68M | 20.8M | 28.73M | 22.08M |
| Total Non-Current Assets | 3.16B | 3.21B | 2.33B | 1.9B | 1.8B | 1.64B | 1.82B | 1.42B | 1.45B | 1.4B | 1.04B | 1B | 952.13M | 897.95M | 832.82M | 772.97M | 944.49M | 937.77M | 959.75M | 907.45M | 944.1M | 925.86M | 901.49M | 839.67M | 716.55M | 608.31M | 548.73M | 512.27M | 523.46M | 438.1M | 450.37M |
| Total Assets | 3.27B | 3.23B | 2.39B | 2.42B | 2.53B | 2.79B | 2.56B | 1.72B | 1.65B | 1.6B | 1.21B | 1.15B | 1.09B | 1.05B | 1.05B | 1B | 968.67M | 961.9M | 976.68M | 926.66M | 964.76M | 945.14M | 924.19M | 872.73M | 734.64M | 630.23M | 567.33M | 545.95M | 544.26M | 466.84M | 472.44M |
| Asset Growth % | 101.69% | 34.8% | -0.99% | -4.22% | -9.38% | 9.06% | 48.55% | 4.4% | 3.28% | 32.26% | 5.09% | 5.33% | 4.18% | -0.38% | 4.5% | 3.73% | 0.7% | -1.51% | 5.4% | -3.95% | 2.08% | 2.27% | 5.9% | 18.8% | 16.57% | 11.09% | 3.92% | 0.31% | 16.59% | -1.19% | 2.85% |
| Return on Assets (ROA) | 1.57% | 1.32% | 1.32% | 1.28% | 1.35% | 1.04% | 0.86% | 1.41% | 1.34% | 0.7% | 0.92% | 0.98% | 0.96% | 0.89% | 0.86% | 0.86% | 0.87% | 0.74% | 0.71% | 0.84% | 0.76% | 0.79% | 1.04% | 1.34% | 1.3% | 1.39% | 1.45% | 1.44% | 1.53% | 1.54% | 1.53% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 283.57M | 329.02M | 273.92M | 254.79M | 66.12M | 73.17M | 95.35M | 103.98M | 118.16M | 131.51M | 108.84M | 111.7M | 126.64M | 131.75M | 107.26M | 163.12M | 120.58M | 135.59M | 190.4M | 161.01M | 205.5M | 185.09M | 196.97M | 156.68M | 76.44M | 51.5M | 48.96M | 29.8M | 0 | 0 | 0 |
| Net Debt | 189.93M | 308.41M | 226.66M | 188.83M | -102.05M | -636.96M | -304M | -10.37M | 77.26M | 97.07M | 89.91M | 92.94M | 106.96M | 113.64M | 55.87M | 140.49M | 96.41M | 111.45M | 173.48M | 141.8M | 184.85M | 165.81M | 174.27M | 123.26M | 58.36M | 29.58M | 30.36M | -3.85M | -20.8M | -28.73M | -22.08M |
| Long-Term Debt | 215.39M | 259.83M | 255.33M | 195.29M | 21M | 34.7M | 53.74M | 66.3M | 83.52M | 94.6M | 74.25M | 76.5M | 80.94M | 82.7M | 59.95M | 71.19M | 81.5M | 80.29M | 106.95M | 130.24M | 145.52M | 125.78M | 132M | 87M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 63.83M | 64.74M | 15.83M | 56.88M | 41.95M | 35.2M | 38.46M | 34.19M | 34.65M | 36.91M | 34.59M | 35.2M | 45.7M | 49.05M | 47.3M | 91.92M | 39.09M | 55.29M | 83.45M | 30.77M | 59.98M | 59.31M | 64.97M | 69.68M | 76.44M | 51.5M | 48.96M | 29.83M | 0 | 0 | 0 |
| Other Liabilities | 0 | 2.48B | 25.13M | 24.78M | 15.37M | 15.31M | 16.52M | 14.49M | 13.33M | 11.47M | 9.8M | 8.53M | 8.27M | 6.85M | 7.3M | -38.56M | 7.8M | 9.49M | 11.54M | 9.88M | 12.24M | 6.66M | 5.83M | 4.28M | 5.48M | 6.8M | 4.79M | 3.63M | 27.45M | 18.65M | 19.88M |
| Total Current Liabilities | 2.62B | 64.74M | 1.81B | 1.92B | 2.24B | 2.46B | 2.22B | 1.45B | 1.38B | 1.34B | 1B | 948.18M | 890.58M | 849.7M | 881.48M | 874.72M | 785.61M | 783.81M | 773.75M | 701.41M | 729.69M | 738.69M | 711.84M | 709.06M | 659.06M | 560.74M | 502.11M | 482.46M | 455.7M | 395.57M | 403.13M |
| Total Non-Current Liabilities | 219.74M | 2.74B | 283.23M | 222.69M | 39.54M | 53.28M | 73.4M | 84.29M | 96.85M | 106.07M | 84.05M | 85.03M | 89.21M | 89.55M | 67.25M | 32.63M | 89.3M | 89.79M | 118.49M | 140.13M | 157.76M | 132.44M | 137.83M | 91.28M | 5.48M | 6.8M | 4.79M | 3.63M | 27.45M | 18.65M | 19.88M |
| Total Liabilities | 2.84B | 2.81B | 2.09B | 2.14B | 2.28B | 2.51B | 2.3B | 1.53B | 1.48B | 1.44B | 1.09B | 1.03B | 979.79M | 939.25M | 948.73M | 907.35M | 874.91M | 873.6M | 892.24M | 841.53M | 887.45M | 871.13M | 849.67M | 800.34M | 664.54M | 567.54M | 506.89M | 486.09M | 483.14M | 414.22M | 423.01M |
| Total Equity | 425.48M | 419.97M | 303.27M | 277.46M | 245.04M | 272.11M | 257.97M | 189.52M | 168.14M | 153.97M | 120.06M | 114.72M | 110.02M | 106.8M | 101.26M | 97.47M | 93.75M | 88.3M | 84.44M | 85.13M | 77.3M | 74.01M | 74.52M | 72.39M | 70.1M | 62.69M | 60.44M | 59.86M | 61.12M | 52.62M | 49.44M |
| Equity Growth % | 118.24% | 38.48% | 9.3% | 13.23% | -9.95% | 5.48% | 36.12% | 12.72% | 9.2% | 28.24% | 4.66% | 4.27% | 3.01% | 5.47% | 3.89% | 3.97% | 6.17% | 4.58% | -0.81% | 10.12% | 4.45% | -0.69% | 2.94% | 3.27% | 11.81% | 3.73% | 0.96% | -2.05% | 16.15% | 6.44% | -3.94% |
| Equity / Assets (Capital Ratio) | 13.01% | 13.01% | 12.66% | 11.47% | 9.7% | 9.76% | 10.1% | 11.02% | 10.2% | 9.65% | 9.95% | 9.99% | 10.1% | 10.21% | 9.64% | 9.7% | 9.68% | 9.18% | 8.65% | 9.19% | 8.01% | 7.83% | 8.06% | 8.29% | 9.54% | 9.95% | 10.65% | 10.96% | 11.23% | 11.27% | 10.46% |
| Return on Equity (ROE) | 12.38% | 10.25% | 10.97% | 12.13% | 13.83% | 10.5% | 8.22% | 13.26% | 13.5% | 7.14% | 9.26% | 9.8% | 9.49% | 8.95% | 8.94% | 8.89% | 9.25% | 8.36% | 7.95% | 9.77% | 9.64% | 9.93% | 12.67% | 15.11% | 13.41% | 13.54% | 13.46% | 12.93% | 13.58% | 14.17% | 14.09% |
| Book Value per Share | 41.04 | 40.81 | 35.52 | 32.50 | 28.78 | 31.22 | 29.86 | 26.84 | 23.90 | 23.53 | 19.84 | 19.04 | 18.33 | 17.87 | 17.01 | 16.42 | 15.81 | 14.88 | 14.10 | 14.21 | 12.90 | 11.74 | 12.42 | 12.07 | 11.71 | 10.44 | 9.75 | 9.37 | 9.54 | 9.11 | 8.45 |
| Tangible BV per Share | 32.76 | 32.37 | 29.43 | 26.26 | 22.37 | 25.69 | 24.15 | 23.44 | 20.49 | 20.14 | 18.68 | 17.82 | 17.08 | 16.50 | 15.54 | 14.84 | 14.19 | 13.13 | 12.28 | 14.21 | 12.90 | 11.74 | 12.42 | 12.07 | 11.71 | 10.44 | 9.75 | 9.37 | 9.54 | 9.11 | 8.45 |
| Common Stock | 27.66M | 27.56M | 22.36M | 22.23M | 22.09M | 21.98M | 21.92M | 17.86M | 17.77M | 17.72M | 15.32M | 15.26M | 15.2M | 15.13M | 15.07M | 15.02M | 14.98M | 14.98M | 14.98M | 14.98M | 14.27M | 13.59M | 13.59M | 13.59M | 13.59M | 13.59M | 13.6M | 14.37M | 14.46M | 13.13M | 13.2M |
| Additional Paid-in Capital | 180.13M | 179.66M | 99.16M | 97.6M | 96.02M | 94.69M | 94.05M | 39.58M | 38.45M | 37.78M | 10.94M | 10.39M | 9.95M | 9.63M | 9.25M | 9M | 8.79M | 8.79M | 8.79M | 8.79M | 4.74M | 0 | 0 | 0 | 0 | 0 | 0 | 1.96M | 2.48M | 3.65M | 3.99M |
| Retained Earnings | 267.07M | 257.29M | 234.62M | 213.49M | 193.87M | 167.24M | 148.37M | 138.66M | 121.86M | 106.29M | 100.56M | 94.53M | 88.33M | 82.66M | 77.89M | 73.53M | 69.54M | 65.62M | 62.92M | 61.44M | 62.84M | 65.56M | 63.13M | 58.71M | 52.78M | 48.66M | 46.26M | 45.76M | 42.85M | 34.97M | 31.89M |
| Accumulated OCI | -23.46M | -22.17M | -41.67M | -44.91M | -58.01M | -9.54M | -5.64M | -5.85M | -9.22M | -7.09M | -6.02M | -4.73M | -2.72M | 106K | -212K | 655K | 1.18M | -356K | -1.8M | -73K | -4.55M | -5.14M | -2.2M | 442K | 3.73M | 442K | 577K | -2.23M | 1.33M | 870K | 357K |
| Treasury Stock | -25.93M | -22.37M | -11.2M | -10.95M | -8.93M | -2.25M | -728K | -728K | -728K | -728K | -728K | -728K | -728K | -728K | -728K | -728K | -728K | -728K | -442K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Geographic and Agricultural Concentration
As reported in financial statements, ACNB grew total assets to $3.3 billion by 2026Q1, representing a sustained expansion from the $2.4 billion level observed in 2023Q4, which suggests that the bank is successfully scaling its footprint through both organic growth and recent regional acquisition activity.
The shift in asset volume appears to be driven by a deliberate strategy to increase market presence in the Baltimore-Washington corridor. Investors should monitor whether this rapid growth in asset size maintains the same credit quality standards as the bank's legacy Adams County loan book.
According to recent SEC filings, ACNB maintained an equity-to-assets ratio of 0.13 in 2026Q1, a level that has remained remarkably stable since 2024Q4, suggesting that the bank is effectively balancing its capital retention with the demands of an expanding balance sheet and ongoing shareholder return programs.
This capital position appears sufficient to support current growth initiatives without immediate dilution. The consistency of this ratio indicates a disciplined approach to capital management that prioritizes long-term stability over aggressive leverage, which may provide a buffer against localized economic volatility.
Based on ACNB's reported figures, the bank held $93.6 million in cash and cash equivalents in 2026Q1, a significant recovery from the $20.6 million low in 2025Q4, which indicates a tactical improvement in liquidity positioning to navigate potential fluctuations in deposit demand and market conditions.
The fluctuation in cash levels suggests that management is actively managing liquidity to optimize yield while maintaining sufficient reserves. This liquidity profile appears to be a defensive measure against the potential for increased deposit competition in the bank's newer, more competitive suburban markets.
As indicated by the $534.8 million investment securities portfolio in 2026Q1, which represents a sharp reduction from the $2.9 billion peak in 2025Q3, the bank appears to be aggressively de-risking its balance sheet to mitigate potential unrealized losses in a volatile interest rate environment.
This significant contraction in the securities portfolio suggests that management is prioritizing interest rate risk mitigation over pure yield generation. Investors should monitor whether this pivot toward a smaller securities footprint reflects a permanent change in the bank's asset-liability management strategy or a temporary tactical adjustment.
Quick answers to the most common questions about buying ACNB stock.
As of 2025, ACNB Corporation (ACNB) had total assets of $3.23B including $20.6M in current assets.
ACNB Corporation (ACNB) carries total debt of $329.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
ACNB Corporation (ACNB) has total shareholders' equity (book value) of $420.0M ($40.81 book value per share). Book value represents the net worth of the company belonging to common stock holders.
ACNB Corporation (ACNB) reported a current ratio of 0.32x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.