ACNB Historical Income Statement

ACNB Stock

USD 31.10 0.30 0.96%

Historical analysis of ACNB income statement accounts such as Selling General Administrative of 44.4 M, Total Revenue of 120.8 M or Gross Profit of 120.8 M can show how well ACNB Corporation performed in making a profits. Evaluating ACNB income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of ACNB's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining ACNB latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether ACNB is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About ACNB Income Statement Analysis

ACNB Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to ACNB shareholders. The income statement also shows ACNB investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

ACNB Income Statement Chart

ACNB Corporation Income Statement is one of the three primary financial statements used for reporting ACNB's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ACNB revenue and expense. ACNB Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At present, ACNB's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 120.8 M, whereas Interest Expense is forecasted to decline to about 4.4 M.

Selling General Administrative Total Revenue Gross Profit Ebitda

Total Revenue

Total revenue comprises all receipts ACNB generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of ACNB Corporation minus its cost of goods sold. It is profit before ACNB operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Most accounts from ACNB's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into ACNB current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ACNB Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

	2021	2022	2023	2024 (projected)
Gross Profit	93.9M	421K	115.1M	120.8M
Total Revenue	93.9M	421K	115.1M	120.8M

Gross Profit Total Revenue

ACNB income statement Correlations

	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Depreciation And Amortization	Selling And Marketing Expenses	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		-0.22	0.0	0.0	-0.23	0.21	0.21	0.19	-0.49	-0.16	0.08	-0.14	-0.21	-0.05	0.43	-0.06	0.12	-0.23	0.05	0.11	0.08	-0.24
Selling General Administrative	-0.22		0.73	0.73	0.13	-0.08	-0.08	-0.01	-0.35	0.89	0.81	0.89	0.82	0.83	-0.32	0.79	0.85	0.75	0.88	0.88	0.86	0.56
Total Revenue	0.0	0.73		1.0	0.23	-0.51	-0.51	-0.46	-0.37	0.47	0.85	0.48	0.4	0.45	0.05	0.33	0.62	0.27	0.5	0.55	0.45	0.61
Gross Profit	0.0	0.73	1.0		0.23	-0.51	-0.51	-0.46	-0.37	0.47	0.85	0.48	0.4	0.45	0.05	0.33	0.62	0.27	0.5	0.55	0.45	0.61
Other Operating Expenses	-0.23	0.13	0.23	0.23		-0.48	-0.48	-0.48	0.53	0.31	0.22	0.31	0.31	-0.2	0.34	0.16	0.21	0.23	0.12	0.11	-0.04	0.64
Operating Income	0.21	-0.08	-0.51	-0.51	-0.48		1.0	1.0	-0.48	0.11	-0.34	0.11	0.09	0.32	-0.35	0.32	0.1	0.2	0.12	0.1	0.17	-0.69
Ebit	0.21	-0.08	-0.51	-0.51	-0.48	1.0		1.0	-0.48	0.11	-0.34	0.11	0.09	0.32	-0.35	0.32	0.1	0.2	0.12	0.1	0.17	-0.69
Ebitda	0.19	-0.01	-0.46	-0.46	-0.48	1.0	1.0		-0.51	0.17	-0.29	0.17	0.14	0.38	-0.37	0.37	0.16	0.25	0.18	0.16	0.23	-0.66
Total Operating Expenses	-0.49	-0.35	-0.37	-0.37	0.53	-0.48	-0.48	-0.51		-0.19	-0.34	-0.22	-0.05	-0.58	0.11	-0.33	-0.42	-0.04	-0.35	-0.41	-0.4	0.34
Income Before Tax	-0.16	0.89	0.47	0.47	0.31	0.11	0.11	0.17	-0.19		0.71	1.0	0.93	0.73	-0.28	0.93	0.85	0.89	0.92	0.9	0.89	0.55
Total Other Income Expense Net	0.08	0.81	0.85	0.85	0.22	-0.34	-0.34	-0.29	-0.34	0.71		0.72	0.62	0.54	-0.05	0.6	0.7	0.52	0.72	0.75	0.68	0.65
Net Income	-0.14	0.89	0.48	0.48	0.31	0.11	0.11	0.17	-0.22	1.0	0.72		0.9	0.75	-0.27	0.93	0.83	0.86	0.92	0.9	0.89	0.54
Income Tax Expense	-0.21	0.82	0.4	0.4	0.31	0.09	0.09	0.14	-0.05	0.93	0.62	0.9		0.62	-0.29	0.83	0.86	0.95	0.85	0.82	0.78	0.53
Depreciation And Amortization	-0.05	0.83	0.45	0.45	-0.2	0.32	0.32	0.38	-0.58	0.73	0.54	0.75	0.62		-0.38	0.82	0.74	0.69	0.85	0.85	0.82	0.24
Selling And Marketing Expenses	0.43	-0.32	0.05	0.05	0.34	-0.35	-0.35	-0.37	0.11	-0.28	-0.05	-0.27	-0.29	-0.38		-0.24	-0.14	-0.38	-0.17	-0.12	-0.27	0.21
Net Income From Continuing Ops	-0.06	0.79	0.33	0.33	0.16	0.32	0.32	0.37	-0.33	0.93	0.6	0.93	0.83	0.82	-0.24		0.78	0.86	0.93	0.91	0.86	0.43
Non Recurring	0.12	0.85	0.62	0.62	0.21	0.1	0.1	0.16	-0.42	0.85	0.7	0.83	0.86	0.74	-0.14	0.78		0.8	0.88	0.89	0.8	0.45
Tax Provision	-0.23	0.75	0.27	0.27	0.23	0.2	0.2	0.25	-0.04	0.89	0.52	0.86	0.95	0.69	-0.38	0.86	0.8		0.85	0.81	0.74	0.49
Net Interest Income	0.05	0.88	0.5	0.5	0.12	0.12	0.12	0.18	-0.35	0.92	0.72	0.92	0.85	0.85	-0.17	0.93	0.88	0.85		0.99	0.94	0.55
Interest Income	0.11	0.88	0.55	0.55	0.11	0.1	0.1	0.16	-0.41	0.9	0.75	0.9	0.82	0.85	-0.12	0.91	0.89	0.81	0.99		0.94	0.54
Reconciled Depreciation	0.08	0.86	0.45	0.45	-0.04	0.17	0.17	0.23	-0.4	0.89	0.68	0.89	0.78	0.82	-0.27	0.86	0.8	0.74	0.94	0.94		0.41
Extraordinary Items	-0.24	0.56	0.61	0.61	0.64	-0.69	-0.69	-0.66	0.34	0.55	0.65	0.54	0.53	0.24	0.21	0.43	0.45	0.49	0.55	0.54	0.41

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ACNB Account Relationship Matchups

ACNB income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	10.1M	12.2M	6.9M	3.6M	4.6M	4.4M
Selling General Administrative	30.0M	36.6M	38.5M	37.1M	42.3M	44.4M
Total Revenue	77.6M	93.0M	93.9M	421K	115.1M	120.8M
Gross Profit	77.6M	93.0M	93.9M	421K	115.1M	120.8M
Other Operating Expenses	48.2M	(70.3M)	(58.9M)	299K	75.2M	79.0M
Operating Income	29.4M	22.7M	35.0M	48.6M	(1.9M)	(1.8M)
Ebit	29.4M	22.7M	35.0M	48.6M	(1.9M)	(1.8M)
Ebitda	32.1M	26.4M	38.5M	52.4M	1.4M	1.4M
Total Operating Expenses	(48.2M)	(70.3M)	(58.9M)	299K	13.5M	14.1M
Income Before Tax	29.4M	22.7M	35.0M	45.0M	39.8M	41.8M
Total Other Income Expense Net	29.4M	22.7M	35.0M	(3.6M)	39.8M	41.8M
Net Income	23.7M	18.4M	27.8M	35.8M	31.7M	33.3M
Income Tax Expense	5.6M	4.3M	7.2M	9.2M	8.2M	8.6M
Depreciation And Amortization	2.7M	3.7M	3.4M	3.8M	3.4M	2.3M
Net Income Applicable To Common Shares	23.7M	18.4M	27.8M	35.8M	41.1M	43.2M
Selling And Marketing Expenses	559K	561K	287K	299K	612K	437.2K
Net Income From Continuing Ops	23.7M	18.4M	27.8M	35.8M	31.7M	19.3M
Tax Provision	5.6M	4.3M	7.2M	9.2M	8.2M	6.6M
Net Interest Income	59.1M	73.1M	71.2M	83.4M	88.0M	67.2M
Interest Income	69.2M	85.3M	78.2M	87.0M	96.3M	74.7M
Reconciled Depreciation	2.7M	3.7M	3.4M	3.8M	3.4M	3.5M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards ACNB in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, ACNB's short interest history, or implied volatility extrapolated from ACNB options trading.

Pair Trading with ACNB

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if ACNB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in ACNB will appreciate offsetting losses from the drop in the long position's value.

Moving together with ACNB Stock

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Moving against ACNB Stock

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The ability to find closely correlated positions to ACNB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ACNB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back ACNB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling ACNB Corporation to buy it.

The correlation of ACNB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as ACNB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ACNB moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for ACNB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether ACNB offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ACNB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Acnb Corporation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acnb Corporation Stock:

How To Invest In ACNB

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Is ACNB Stock a good investment?

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What is ACNB's Net Worth?

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Complementary Tools for ACNB Stock analysis

When running ACNB's price analysis, check to measure ACNB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ACNB is operating at the current time. Most of ACNB's value examination focuses on studying past and present price action to predict the probability of ACNB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ACNB's price. Additionally, you may evaluate how the addition of ACNB to your portfolios can decrease your overall portfolio volatility.

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Is ACNB's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ACNB. If investors know ACNB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ACNB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.60)

Dividend Share

1.14

Earnings Share

3.71

Revenue Per Share

12.45

Quarterly Revenue Growth

(0.25)

The market value of ACNB is measured differently than its book value, which is the value of ACNB that is recorded on the company's balance sheet. Investors also form their own opinion of ACNB's value that differs from its market value or its book value, called intrinsic value, which is ACNB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ACNB's market value can be influenced by many factors that don't directly affect ACNB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between ACNB's value and its price as these two are different measures arrived at by different means. Investors typically determine if ACNB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ACNB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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ACNB Historical Income Statement

About ACNB Income Statement Analysis

ACNB Income Statement Chart

Total Revenue

Gross Profit

ACNB income statement Correlations

ACNB Account Relationship Matchups

High Positive Relationship

High Negative Relationship

ACNB income statement Accounts

Pair Trading with ACNB

Moving together with ACNB Stock

Moving against ACNB Stock

Complementary Tools for ACNB Stock analysis

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Gross Profit	+ 1.0	Total Revenue
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Net Income	+ 1.0	Income Before Tax
Interest Income	+ 0.99	Net Interest Income

Extraordinary Items	- 0.69	Ebit
Extraordinary Items	- 0.69	Operating Income
Extraordinary Items	- 0.66	Ebitda
Depreciation And Amortization	- 0.58	Total Operating Expenses
Total Operating Expenses	- 0.51	Ebitda
Ebit	- 0.51	Gross Profit