Codorus Valley Bancorp: Cheap But Not Quite Inexpensive [Seeking Alpha]
ACNB Corporation (ACNB)
US:NASDAQ Investor Relations:
acnb.com/acnb-corporation
Company Research
Source: Seeking Alpha
SummaryCorodus Valley is cheap in terms of valuation multiples at 72% of tangible book value and 7.4 times trailing earnings.However, the company appears underreserved for future loan losses with an allowance less than current nonperforming assets.A loan fraud incident announced this week may result in an additional $7.5 million in loan losses - a third of the current loan loss allowance.The present valuation incorporates a recognition of current risks although the company warrants watching as the valuation is quite low.Corodus Valley Bancorp (CVLYCodorus Valley appears attractive on many initial metrics. The company operates in aregion of PennsylvaniaHowever, we’re not especially captivated by the company despite the modest valuation. Codorus Valley has a relatively weak allowance for loan losses against loans which were nonaccrual before the present economic disruption. In addition, the recent discovery of fraudulent loans only aggravates an already challenging situation.Codorus Val
Show less
Read more
Impact Snapshot
Event Time:
ACNB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACNB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACNB alerts
High impacting ACNB Corporation news events
Weekly update
A roundup of the hottest topics
ACNB
News
- ACNB Corp. Receives Regulatory Consent for Traditions Bancorp Buyout [Yahoo! Finance]Yahoo! Finance
- ACNB Corporation Receives Regulatory Approvals to Acquire Traditions Bancorp, Inc. [Yahoo! Finance]Yahoo! Finance
- ACNB Corporation Receives Regulatory Approvals to Acquire Traditions Bancorp, Inc.GlobeNewswire
- Traditions Bancorp, Inc. Reports Third Quarter 2024 Earnings [Yahoo! Finance]Yahoo! Finance
- ACNB (ACNB) Lags Q3 Earnings Estimates [Yahoo! Finance]Yahoo! Finance
ACNB
Earnings
- 10/24/24 - Miss
ACNB
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form 8-K
- 11/7/24 - Form 10-Q
- ACNB's page on the SEC website