Auburn National Bancorporation (NASDAQ:AUBN) Issues Earnings Results

Auburn National Bancorporation (NASDAQ:AUBN) released its quarterly earnings results on Tuesday. The financial services provider reported $0.48 earnings per share for the quarter, FiscalAI reports. Auburn National Bancorporation had a return on equity of 8.41% and a net margin of 16.42%.The business had revenue of $7.73 million for the quarter.

Auburn National Bancorporation Stock Performance

Shares of Auburn National Bancorporation stock opened at $23.61 on Wednesday. Auburn National Bancorporation has a 52-week low of $19.00 and a 52-week high of $29.00. The company has a fifty day moving average of $24.95 and a 200-day moving average of $25.68. The stock has a market capitalization of $82.40 million, a price-to-earnings ratio of 11.35 and a beta of 0.42.

Auburn National Bancorporation Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Stockholders of record on Tuesday, March 10th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.6%. Auburn National Bancorporation’s dividend payout ratio is 51.92%.

Institutional Trading of Auburn National Bancorporation

Several hedge funds have recently added to or reduced their stakes in AUBN. Truffle Hound Capital LLC bought a new position in shares of Auburn National Bancorporation during the second quarter valued at about $703,000. Bridgeway Capital Management LLC lifted its stake in shares of Auburn National Bancorporation by 2.6% in the 4th quarter. Bridgeway Capital Management LLC now owns 30,830 shares of the financial services provider’s stock valued at $831,000 after acquiring an additional 784 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Auburn National Bancorporation by 1.7% during the 4th 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. Dimensional Fund Advisors LP boosted its holdings in Auburn National Bancorporation by 1.0% during the 3rd 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, Vanguard Group Inc. grew its position in Auburn National Bancorporation by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 77,085 shares of the financial services provider’s stock worth $2,090,000 after acquiring an additional 2,402 shares during the last quarter. 39.46% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Auburn National Bancorporation in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average 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.