Auburn National Bancorporation (NASDAQ:AUBN) Issues Earnings Results

Auburn National Bancorporation (NASDAQ:AUBNGet Free Report) posted its earnings results on Tuesday. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $8.77 million for the quarter. Auburn National Bancorporation had a return on equity of 8.78% and a net margin of 17.79%.

Auburn National Bancorporation Stock Performance

Auburn National Bancorporation stock opened at $26.35 on Wednesday. Auburn National Bancorporation has a fifty-two week low of $21.01 and a fifty-two week high of $28.88. The company has a market cap of $92.04 million, a PE ratio of 11.61 and a beta of 0.42. The business’s 50-day simple moving average is $25.88 and its two-hundred day simple moving average is $24.87.

Auburn National Bancorporation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Wednesday, June 10th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $1.08 dividend on an annualized basis and a yield of 4.1%. Auburn National Bancorporation’s payout ratio is currently 47.58%.

Hedge Funds Weigh In On Auburn National Bancorporation

Hedge funds and other institutional investors have recently bought and sold shares of the business. Empowered Funds LLC lifted its stake in Auburn National Bancorporation by 8.4% during the 1st quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider’s stock valued at $261,000 after acquiring an additional 935 shares during the period. Geode Capital Management LLC raised its holdings in shares of Auburn National Bancorporation by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 25,632 shares of the financial services provider’s stock worth $691,000 after purchasing an additional 439 shares during the last quarter. Bridgeway Capital Management LLC lifted its position in Auburn National Bancorporation by 2.1% during the second quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock valued at $743,000 after purchasing an additional 588 shares during the period. Dimensional Fund Advisors LP lifted its position in Auburn National Bancorporation by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 41,808 shares of the financial services provider’s stock valued at $1,133,000 after purchasing an additional 407 shares during the period. Finally, Truffle Hound Capital LLC boosted its holdings in Auburn National Bancorporation by 7.3% in the fourth quarter. Truffle Hound Capital LLC now owns 50,000 shares of the financial services provider’s stock valued at $1,348,000 after purchasing an additional 3,420 shares during the last quarter. Institutional investors and hedge funds own 39.46% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Auburn National Bancorporation in a report on Friday, July 17th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Auburn National Bancorporation presently has a consensus rating of “Hold”.

Get Our Latest Research Report on AUBN

Auburn National Bancorporation Company Profile

(Get Free Report)

Auburn National Bancorporation is a bank holding company headquartered in Auburn, Alabama. It operates through its wholly owned subsidiary, AuburnBank, providing a comprehensive suite of financial services to individuals, businesses and municipalities throughout central and eastern Alabama.

The company’s retail banking offerings include checking and savings accounts, consumer and mortgage lending, online and mobile banking, and wealth management services. On the commercial side, AuburnBank delivers business checking, commercial real estate financing, equipment loans and cash management solutions tailored to support the growth and operational needs of local enterprises.

Serving primarily the Auburn–Opelika metropolitan area and surrounding counties, Auburn National Bancorporation leverages deep community ties and regional expertise to craft banking solutions that meet the unique needs of its customers.

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Earnings History for Auburn National Bancorporation (NASDAQ:AUBN)

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