Stock fact sheet · data as of
ACNB Corporation (ACNB): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Value
Is ACNB undervalued?
ACNB closed at 63.18 on 16 Oct 2026 against a GLS average fair value of 62.20 - 1.6% above fair value, which our screens read as "fairly priced". 4 of 9 models are above the current price. There is no discount to lean on here, so the margin of safety is not the reason to look at the stock.
The 9 models disagree widely: Lynch gives 2.99 while 10 Cap gives 135.40. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files ACNB under Value: positive earnings at a P/E of 18 or less.
Nine valuation models for ACNB
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 81.32 | +29% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 70.89 | +12% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 50.46 | -20% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 2.99 | -95% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 21.66 | -66% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 135.40 | +114% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 106.50 | +69% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 30.90 | -51% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 59.64 | -6% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -274.10 | -534% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 61.00 | -3% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
On financial health ACNB scores 9/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is 5.9 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are thin or negative - ROIC 4.9%, ROE 8.8%, ROA 1.1% - with debt at 0.78 times equity and a free-cash-flow yield of 8.4%.
The dividend yield is 3.32% at a payout ratio of 38%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Mortgage Banking 30%, Deposit Account 26%, Fiduciary and Trust 25% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 9 / 9 | ROIC | 4.9% |
|---|---|---|---|
| GLS Moat | 5.9 / 10 | ROE | 8.8% |
| Debt / equity | 0.78 | ROA | 1.1% |
| Free-cash-flow yield | 8.4% | Payout ratio | 38% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 67: Good
ACNB scores 67 out of 100 on the Wheel Score (Good band, 65-79). The score blends the margin of safety (Value, 12/25), Piotroski health (20/20), the GLS moat (9/15), the option premium on offer (19/20) and how easily the stock trades (7/20). Stability (7/20) is the part holding the score back.
Implied volatility is 34% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (19 of 20 points). Chain open interest is thin - 120 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 59k shares a day on a market cap of $643M, with a beta of 0.87; the Stability part of the Wheel Score gives that 7 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 12 / 25 | -2% margin of safety | |
| Health | 20 / 20 | Piotroski 9/9 | |
| Moat | 9 / 15 | moat 5.9/10 | |
| Premium | 19 / 20 | implied volatility 34% | |
| Stability | 7 / 20 | 59k shares/day, $643M cap, beta 0.87 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
ACNB Corporation reports earnings on 22 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to ACNB Corporation by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| CBNK Capital Bancorp, Inc. | 39.43 | 54.92 | +28% | 76Good | $642M |
| HIFS Hingham Institution for Savings | 293.95 | 421.68 | +30% | 39No options | $641M |
| BHB Bar Harbor Bankshares | 38.09 | 38.74 | +2% | 56Fair | $639M |
| WCCB West Coast Community Bancorp | 60.43 | 114.69 | +47% | 39No options | $635M |
| AMBZ American Business Bank | 70.96 | 112.73 | +37% | 39No options | $630M |
| CCB Coastal Financial Corporation | 42.97 | 297.73 | +86% | 45Weak | $657M |
| RRBI Red River Bancshares, Inc. | 100.15 | 103.80 | +4% | 39No options | $659M |
| SUPV Grupo Supervielle S.A. | 7.01 | 3.42 | -105% | 40Weak | $661M |
| THVB Thomasville Bancshares, Inc. | 104.48 | 189.45 | +45% | 39No options | $662M |
| MSBIP Midland States Bancorp, Inc. | 25.19 | 37.86 | +33% | 39No options | $669M |
| MSBI Midland States Bancorp, Inc. | 32.30 | 42.70 | +24% | 73Good | $670M |
| CARE Carter Bankshares, Inc. | 30.31 | 45.65 | +34% | 74Good | $672M |
⚖ Compare ACNB with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about ACNB
Is ACNB undervalued right now?
Not meaningfully: at 63.18 the stock trades within a few percent of the GLS average fair value of 62.20 (1.6% above fair value, data as of 16 Oct 2026).
What is the Wheel Score of ACNB and what does it mean?
ACNB scores 67 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for ACNB?
62.20 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does ACNB Corporation report earnings next?
The next earnings report is due on 22 Oct 2026 (before the open), 6 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does ACNB have listed options, and how liquid are they?
Yes. The nightly snapshot found 120 listed contracts with 120 open interest across all expiries and implied volatility of 34% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.