GETTYSBURG, Pa. (AP) — GETTYSBURG, Pa. (AP) — ACNB Corp. (ACNB) on Thursday reported a first-quarter loss of $272,000, after reporting a profit in the same period a year earlier.
The Gettysburg, Pennsylvania-based bank said it had a loss of 3 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to $1.03 per share.
The bank posted revenue of $43.5 million in the period. Its revenue net of interest expense was $34.3 million, topping Street forecasts. Three analysts surveyed by Zacks expected $32.6 million.
ACNB shares have climbed almost 5% since the beginning of the year. The stock has climbed 22% in the last 12 months.
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