GETTYSBURG, Pa. (AP) 鈥� GETTYSBURG, Pa. (AP) 鈥� ACNB Corp. (ACNB) on Thursday reported second-quarter net income of $15.2 million.
The bank, based in Gettysburg, Pennsylvania, said it had earnings of $1.49 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share.
The bank posted revenue of $52.5 million in the period. Its revenue net of interest expense was $42.8 million, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $42.1 million.
ACNB shares have increased 25% since the beginning of the year. The stock has increased 41% in the last 12 months.
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