ACNB Corporation (ACNB) vs Bar Harbor Bankshares, Inc. (BHB)

ACNB Corporation and Bar Harbor Bankshares, Inc. are both Banks Regional companies. ACNB Corporation and Bar Harbor Bankshares, Inc. are of similar size ($666.1M and $645.2M). ACNB Corporation trades at the lower P/E: 12.0× against 13.1×. ACNB Corporation grew revenue faster over the last twelve months: 24.9% against 18.9%. ACNB Corporation has the higher net margin (27.2% vs 18.5%) and the higher return on invested capital (7.71% vs 5.35%). Both pay a dividend; Bar Harbor Bankshares, Inc. yields more (4.60% vs 3.36%). Across the 20 metrics below, ACNB Corporation leads on 15 and Bar Harbor Bankshares, Inc. on 5.

Valuation

Metric ACNB BHB Banks Regional median
P/E 12.05 13.12 12.15
P/S 3.22 2.44 2.37
P/B 1.53 1.19 1.21
Price to free cash flow 11.02 11.33 10.80
EV/EBITDA n/m n/m —
EV/Sales 3.88 3.10 2.27
Earnings yield 8.30% 7.62% 8.11%
Free cash flow yield 9.07% 8.82% 8.98%

Profitability

Metric ACNB BHB Banks Regional median
Gross margin 80.23% 72.30% 69.57%
Operating margin 0.00% 0.00% 0.00%
Net margin 27.15% 18.46% 18.66%
Free cash flow margin 29.25% 21.53% 21.18%
Return on equity 13.34% 9.70% 10.64%
Return on assets 1.66% 1.12% 1.13%
Return on invested capital 7.71% 5.35% 8.33%

Growth

Metric ACNB BHB Banks Regional median
Revenue growth (TTM) 24.91% 18.94% 6.61%
EPS growth (last fiscal year) (3.49%) (18.66%) —
Revenue growth, 5-year CAGR 12.73% 7.61% 12.30%
Net income growth, 5-year CAGR 15.03% 2.12% 9.71%

Health

Metric ACNB BHB Banks Regional median
Debt to equity 0.51 0.51 0.22
Current ratio 0.94 0.96 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric ACNB BHB Banks Regional median
Dividend yield 3.36% 4.60% 3.75%
Payout ratio 0.24 0.34 0.27

Size

Metric ACNB BHB Banks Regional median
Market cap 645.18m 666.12m 921.07m

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