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

by · The Markets Daily

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

Auburn National Bancorporation Price Performance

Shares of NASDAQ AUBN traded up $0.06 during midday trading on Tuesday, reaching $26.36. 2,106 shares of the company traded hands, compared to its average volume of 3,125. The company has a market cap of $91.98 million, a price-to-earnings ratio of 11.61 and a beta of 0.42. The stock has a 50-day moving average price of $25.83 and a 200 day moving average price of $24.87. Auburn National Bancorporation has a 52 week low of $21.01 and a 52 week high of $28.88.

Auburn National Bancorporation Announces Dividend

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

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Auburn National Bancorporation in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Get Our Latest Analysis on AUBN

Hedge Funds Weigh In On Auburn National Bancorporation

Several large investors have recently bought and sold shares of the stock. 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 buying an additional 935 shares in the last quarter. Bridgeway Capital Management LLC boosted its holdings in shares of Auburn National Bancorporation by 2.1% in the second quarter. Bridgeway Capital Management LLC now owns 28,693 shares of the financial services provider’s stock valued at $743,000 after acquiring an additional 588 shares in the last quarter. Vanguard Group Inc. boosted its holdings 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. Dimensional Fund Advisors LP increased its stake 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 period. Finally, Geode Capital Management LLC increased its stake 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 valued at $691,000 after acquiring an additional 439 shares during the period. Institutional investors and hedge funds own 39.46% of the company’s stock.

About Auburn National Bancorporation

(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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