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Stock impact report

Traditions Bancorp, Inc. Reports Third Quarter 2024 Earnings [Yahoo! Finance]

ACNB Corporation (ACNB) 
US:NASDAQ Investor Relations: acnb.com/acnb-corporation
Company Research Source: Yahoo! Finance
million for the third quarter ended September 30, 2024 , compared to net income of $1.8 million in the linked quarter and $1.4 million for the third quarter of 2023. Net income for the current quarter was adversely impacted by $0.6 million in merger expenses and the company's decision to set aside $2.1 million in loan loss reserves. The company reported a loss per share (diluted) of 28 cents for the third quarter ended September 30, 2024 , compared to earnings per share of 66 cents in the linked quarter and 51 cents for the third quarter of 2023. Unrealized investment portfolio losses, flowing through Accumulated Other Comprehensive Loss, have decreased to $8.3 million at quarter end compared to $11.1 million in the linked quarter. Book value per common share was on September 30, 2024 , versus in the linked quarter and for the third quarter of 2023. "Traditions Bancorp reported a net loss for the third quarter because of merger expenses and the decision to reserve $1.6 million again Show less Read more
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