Acnb corporation reports 2023 third quarter financial results

Gettysburg, pa., oct. 27, 2023 (globe newswire) -- acnb corporation (nasdaq: acnb) (“acnb” or the “corporation”), financial holding company for acnb bank and acnb insurance services, inc., announced financial results for the quarter ended september 30, 2023 with net income of $9.0 million, a decrease of $1.3 million, or 12.4%, compared to net income of $10.3 million for the three months ended september 30, 2022. for the three months ended september 30, 2023 and 2022, basic and diluted earnings per share were $1.06 and $1.20, respectively, which is a decrease of $0.14 per share, or 11.7%. the current quarter net income of $9.0 million decreased $480 thousand, or 5.0%, compared to net income of $9.5 million for the quarter ended june 30, 2023. the current quarter basic and diluted earnings per share decreased $0.06 per share, or 5.4%, compared to the prior quarter.
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