Auburn National Bancorporation (NASDAQ:AUBN) Announces Quarterly Earnings Results

Auburn National Bancorporation (NASDAQ:AUBN) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, Zacks reports. Auburn National Bancorporation had a return on equity of 8.41% and a net margin of 16.42%.The company had revenue of $8.47 million during the quarter.

Auburn National Bancorporation Stock Performance

Shares of NASDAQ AUBN opened at $26.28 on Thursday. The firm has a market cap of $91.72 million, a PE ratio of 12.82 and a beta of 0.42. The firm has a fifty day moving average of $25.67 and a 200 day moving average of $26.00. Auburn National Bancorporation has a one year low of $19.00 and a one year high of $29.00.

Auburn National Bancorporation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Wednesday, December 10th were paid a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, December 10th. This represents a $1.08 dividend on an annualized basis and a yield of 4.1%. Auburn National Bancorporation’s dividend payout ratio (DPR) is currently 52.68%.

Institutional Trading of Auburn National Bancorporation

Several institutional investors have recently modified their holdings of AUBN. Empowered Funds LLC raised its position in shares of 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 worth $261,000 after purchasing an additional 935 shares during the last quarter. Bridgeway Capital Management LLC increased its stake in Auburn National Bancorporation by 2.1% during the 2nd quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock worth $743,000 after buying an additional 588 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of 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 acquiring an additional 407 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Auburn National Bancorporation by 3.2% in the third quarter. Vanguard Group Inc. now owns 77,085 shares of the financial services provider’s stock valued at $2,090,000 after acquiring an additional 2,402 shares in the last quarter. Institutional investors and hedge funds own 39.46% of the company’s stock.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Auburn National Bancorporation in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Auburn National Bancorporation Company Profile

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.