ACNB (ACNB) Investor Presentation summary

Corporate overview and market position

• Operates as a Mid-Atlantic commercial bank holding company with $3.3B in assets, $2.3B in loans, and $443M market cap, serving Pennsylvania and Maryland, including the Gettysburg region and Greater Baltimore area.

• Maintains a 59.5% deposit market share in Adams County and a growing presence in affluent Maryland counties.

• Trades on Nasdaq with a 3.22% dividend yield and 9.44x forward P/E ratio.

Management and strategic direction

• Leadership team averages over 300 years of combined financial services experience.

• Focuses on commercial lending, stable deposits, noninterest income diversification, and expense management.

• Pursues disciplined acquisitions, recently closing the strategic purchase of Traditions Bancorp, Inc.

Financial performance and profitability

• Achieved 1.36% core ROAA and 11.23% core ROAE as of March 31, 2025.

• Maintained a 4.07% net interest margin and 1.38% cost of interest-bearing deposits.

• Reported $7.2M in noninterest income for 1Q25, with insurance, wealth management, and mortgage banking as key contributors.

• Efficiency ratio improved to 60.13% in 1Q25 despite merger-related expenses.