Acnb corporation reports 2024 third quarter financial results

Gettysburg, pa., oct. 24, 2024 (globe newswire) -- acnb corporation (nasdaq: acnb) (“acnb” or the “corporation”), financial holding company for acnb bank and acnb insurance services, inc., announced net income of $7.2 million, or $0.84 diluted earnings per share, for the three months ended september 30, 2024 compared to net income of $9.0 million, or $1.06 diluted earnings per share, for the three months ended september 30, 2023 and net income of $11.3 million, or $1.32 diluted earnings per share, for the three months ended june 30, 2024. financial results for the three months ended september 30, 2024 were impacted by $1.1 million in merger-related expense due to the pending acquisition of traditions bancorp, inc. financial results for the three month period ended june 30, 2024 were impacted by a $3.2 million reversal of the provisions for credit losses and unfunded commitments.
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