GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ACNB Corp (NAS:ACNB) » Definitions » Total Assets

ACNB (ACNB) Total Assets : $2,394.8 Mil (As of Dec. 2024)


View and export this data going back to 1996. Start your Free Trial

What is ACNB Total Assets?

ACNB's Total Assets for the quarter that ended in Dec. 2024 was $2,394.8 Mil.

Warning Sign:

If a company builds assets at 8.1% a year, faster than its revenue growth rate of 3.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, ACNB's average Total Assets Growth Rate was 22.60% per year. During the past 3 years, the average Total Assets Growth Rate was 12.40% per year. During the past 5 years, the average Total Assets Growth Rate was 8.10% per year. During the past 10 years, the average Total Assets Growth Rate was 8.70% per year.

During the past 13 years, ACNB's highest 3-Year average Total Assets Growth Rate was 15.20%. The lowest was -7.00%. And the median was 5.70%.

Total Assets is connected with ROA %. ACNB's annualized ROA % for the quarter that ended in Dec. 2024 was 1.10%. Total Assets is also linked to Revenue through Asset Turnover. ACNB's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.


ACNB Total Assets Historical Data

The historical data trend for ACNB's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ACNB Total Assets Chart

ACNB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,555.36 2,786.99 2,525.51 2,418.85 2,394.83

ACNB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,418.85 2,414.29 2,457.75 2,420.91 2,394.83

ACNB Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

ACNB's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=303.273+2091.557
=2,394.8

ACNB's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=303.273+2091.557
=2,394.8

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


ACNB  (NAS:ACNB) Total Assets Explanation

Total Assets is connected with ROA %.

ACNB's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=26.38/( (2420.914+2394.83)/ 2 )
=26.38/2407.872
=1.10 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

ACNB's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=26.915/( (2420.914+2394.83)/ 2 )
=26.915/2407.872
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

ACNB Total Assets Related Terms

Thank you for viewing the detailed overview of ACNB's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


ACNB Business Description

Traded in Other Exchanges
N/A
Address
16 Lincoln Square, P.O. BOX 3129, Gettysburg, PA, USA, 17325
ACNB Corp provides banking, insurance, and financial services to businesses and consumers, through its wholly-owned subsidiaries, ACNB Bank and ACNB Insurance Services, Inc. The corporation has two reporting segments; the Banking segment which generates the majority of the revenue from banking and wealth management services, including trust and retail brokerage, and ACNB Insurance Services segment which offers a broad range of property and casualty, life and health insurance to both commercial and individual clients.
Executives
Frank Iii Elsner director 894 LAUREL WOODS LANE, HANOVER PA 17331
James Helt other: EVP/Banking Services ACNB Bank 360 THORNHILL DRIVE, HANOVER PA 17331
Brett D Fulk other: ACNB Bank EVP 34 MILLER ROAD, NEW RINGGOLD PA 17960
Daniel W Potts director 916 PENLLYN PIKE, AMBLER PA 19002
Scott L Kelley director 2068 ROSEWOOD LANE, YORK PA 17403
Alan J Stock director 245 ORCHARD DRIVE, HANOVER PA 17331
Andrew A Bradley other: ACNB Bank SVP 16 LINCOLN SQUARE, GETTYSBURG PA 17325
Emily E Berwager other: ACNB Bank SVP 16 LINCOLN SQUARE, GETTYSBURG PA 17325
Kevin J Hayes officer: SVP/Secretary & CGO 16 LINCOLN SQUARE, GETTYSBURG PA 17325
Mark E Blacksten other: ACNB Bank EVP 16 LINCOLN SQUARE, GETTYSBURG PA 17325
Thomas R Stone other: ACNB Bank EVP 2701 PRIMROSE LANE E, YORK PA 17402
Seibel Donald Arthur Jr director 1001 GREEN VALLEY ROAD, NEW WINDSOR MD 21776
James J Lott director 1230 IDAVILLE YORK SPRINGS ROAD, GARDNERS PA 17324
David L Sites director 220 DOUBLEDAY AVENUE, GETTYSBURG PA 17325
Lynda L Glass officer: EVP, Secretary & Treasurer 68 WEST MOUNTAIN TOP DRIVE, ORRTANNA PA 17353