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Side-by-side financial comparison of ACNB CORP (ACNB) and Ares Commercial Real Estate Corp (ACRE). Click either name above to swap in a different company.
ACNB CORP is the larger business by last-quarter revenue ($47.2M vs $13.2M, roughly 3.6× Ares Commercial Real Estate Corp). ACNB CORP runs the higher net margin — 22.9% vs -29.2%, a 52.1% gap on every dollar of revenue. On growth, ACNB CORP posted the faster year-over-year revenue change (42.2% vs -24.5%). Over the past eight quarters, ACNB CORP's revenue compounded faster (22.1% CAGR vs -15.9%).
ACNB Corp is a US-based financial holding company headquartered in Pennsylvania. It provides a full suite of financial solutions including retail and commercial banking, wealth management, trust services, and property & casualty insurance products. Its core market covers local communities, individual consumers, and small-to-medium enterprises across south-central Pennsylvania and northern Maryland.
Ares Commercial Real Estate Corp is a specialty finance company focused on the commercial real estate sector. It offers a full suite of customized financing solutions including senior mortgage loans, subordinated debt and preferred equity, primarily serving middle-market commercial property owners and operators across the United States.
ACNB vs ACRE — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $47.2M | $13.2M |
| Net Profit | $10.8M | $-3.9M |
| Gross Margin | — | — |
| Operating Margin | 27.9% | -29.2% |
| Net Margin | 22.9% | -29.2% |
| Revenue YoY | 42.2% | -24.5% |
| Net Profit YoY | 63.8% | 63.8% |
| EPS (diluted) | $1.10 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $47.2M | $13.2M | ||
| Q3 25 | $50.9M | $14.1M | ||
| Q2 25 | $50.3M | $12.6M | ||
| Q1 25 | $43.5M | $14.9M | ||
| Q4 24 | $33.2M | $17.5M | ||
| Q3 24 | $34.1M | $16.7M | ||
| Q2 24 | $33.3M | $16.8M | ||
| Q1 24 | $31.6M | $18.7M |
| Q4 25 | $10.8M | $-3.9M | ||
| Q3 25 | $14.9M | $4.7M | ||
| Q2 25 | $11.6M | $-11.0M | ||
| Q1 25 | $-272.0K | $9.3M | ||
| Q4 24 | $6.6M | $-10.7M | ||
| Q3 24 | $7.2M | $-5.9M | ||
| Q2 24 | $11.3M | $-6.1M | ||
| Q1 24 | $6.8M | $-12.3M |
| Q4 25 | 27.9% | -29.2% | ||
| Q3 25 | 37.2% | 33.0% | ||
| Q2 25 | 29.7% | -87.8% | ||
| Q1 25 | -1.3% | 64.4% | ||
| Q4 24 | 24.8% | -61.0% | ||
| Q3 24 | 27.6% | -35.3% | ||
| Q2 24 | 42.8% | -36.5% | ||
| Q1 24 | 26.9% | -65.9% |
| Q4 25 | 22.9% | -29.2% | ||
| Q3 25 | 29.2% | 33.0% | ||
| Q2 25 | 23.2% | -87.8% | ||
| Q1 25 | -0.6% | 62.5% | ||
| Q4 24 | 19.9% | -60.9% | ||
| Q3 24 | 21.1% | -35.3% | ||
| Q2 24 | 33.9% | -36.5% | ||
| Q1 24 | 21.4% | -65.9% |
| Q4 25 | $1.10 | — | ||
| Q3 25 | $1.42 | — | ||
| Q2 25 | $1.11 | — | ||
| Q1 25 | $-0.03 | — | ||
| Q4 24 | $0.77 | — | ||
| Q3 24 | $0.84 | — | ||
| Q2 24 | $1.32 | — | ||
| Q1 24 | $0.80 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $65.6M | $29.3M |
| Total DebtLower is stronger | $255.4M | $948.2M |
| Stockholders' EquityBook value | $420.0M | $509.6M |
| Total Assets | $3.2B | $1.6B |
| Debt / EquityLower = less leverage | 0.61× | 1.86× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $65.6M | $29.3M | ||
| Q3 25 | $102.1M | $84.9M | ||
| Q2 25 | $103.1M | $90.0M | ||
| Q1 25 | $123.6M | $125.5M | ||
| Q4 24 | $47.3M | $63.8M | ||
| Q3 24 | $58.1M | $68.9M | ||
| Q2 24 | $86.3M | $70.6M | ||
| Q1 24 | $53.1M | $99.5M |
| Q4 25 | $255.4M | $948.2M | ||
| Q3 25 | $255.4M | — | ||
| Q2 25 | $255.4M | — | ||
| Q1 25 | $255.3M | — | ||
| Q4 24 | $255.3M | $718.5M | ||
| Q3 24 | $255.3M | — | ||
| Q2 24 | $255.3M | — | ||
| Q1 24 | $255.3M | — |
| Q4 25 | $420.0M | $509.6M | ||
| Q3 25 | $408.6M | $521.0M | ||
| Q2 25 | $395.2M | $523.7M | ||
| Q1 25 | $386.9M | $542.1M | ||
| Q4 24 | $303.3M | $540.1M | ||
| Q3 24 | $306.8M | $563.8M | ||
| Q2 24 | $289.3M | $582.3M | ||
| Q1 24 | $279.9M | $601.1M |
| Q4 25 | $3.2B | $1.6B | ||
| Q3 25 | $3.3B | $1.4B | ||
| Q2 25 | $3.3B | $1.4B | ||
| Q1 25 | $3.3B | $1.5B | ||
| Q4 24 | $2.4B | $1.8B | ||
| Q3 24 | $2.4B | $1.9B | ||
| Q2 24 | $2.5B | $2.1B | ||
| Q1 24 | $2.4B | $2.1B |
| Q4 25 | 0.61× | 1.86× | ||
| Q3 25 | 0.62× | — | ||
| Q2 25 | 0.65× | — | ||
| Q1 25 | 0.66× | — | ||
| Q4 24 | 0.84× | 1.33× | ||
| Q3 24 | 0.83× | — | ||
| Q2 24 | 0.88× | — | ||
| Q1 24 | 0.91× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $12.8M | $4.6M |
| Free Cash FlowOCF − Capex | $12.6M | — |
| FCF MarginFCF / Revenue | 26.7% | — |
| Capex IntensityCapex / Revenue | 0.4% | — |
| Cash ConversionOCF / Net Profit | 1.18× | — |
| TTM Free Cash FlowTrailing 4 quarters | $52.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.8M | $4.6M | ||
| Q3 25 | $23.2M | $3.8M | ||
| Q2 25 | $17.8M | $4.9M | ||
| Q1 25 | $-71.0K | $8.0M | ||
| Q4 24 | $5.7M | $7.1M | ||
| Q3 24 | $13.6M | $8.4M | ||
| Q2 24 | $9.7M | $8.7M | ||
| Q1 24 | $10.8M | $11.4M |
| Q4 25 | $12.6M | — | ||
| Q3 25 | $22.8M | — | ||
| Q2 25 | $17.6M | — | ||
| Q1 25 | $-730.0K | — | ||
| Q4 24 | $5.3M | — | ||
| Q3 24 | $13.3M | — | ||
| Q2 24 | $9.4M | — | ||
| Q1 24 | $10.7M | — |
| Q4 25 | 26.7% | — | ||
| Q3 25 | 44.7% | — | ||
| Q2 25 | 35.0% | — | ||
| Q1 25 | -1.7% | — | ||
| Q4 24 | 16.1% | — | ||
| Q3 24 | 39.1% | — | ||
| Q2 24 | 28.3% | — | ||
| Q1 24 | 33.9% | — |
| Q4 25 | 0.4% | — | ||
| Q3 25 | 0.8% | — | ||
| Q2 25 | 0.4% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 1.1% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.9% | — | ||
| Q1 24 | 0.2% | — |
| Q4 25 | 1.18× | — | ||
| Q3 25 | 1.56× | 0.82× | ||
| Q2 25 | 1.52× | — | ||
| Q1 25 | — | 0.86× | ||
| Q4 24 | 0.87× | — | ||
| Q3 24 | 1.88× | — | ||
| Q2 24 | 0.86× | — | ||
| Q1 24 | 1.60× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
