Auburn National Bancorporation (NASDAQ:AUBN) Announces Earnings Results

Auburn National Bancorporation (NASDAQ:AUBN) issued its quarterly earnings results on Tuesday. The financial services provider reported $0.48 EPS for the quarter, Zacks reports. Auburn National Bancorporation had a net margin of 16.42% and a return on equity of 8.48%.

Auburn National Bancorporation Stock Down 3.1%

Shares of AUBN traded down $0.81 during mid-day trading on Tuesday, hitting $25.45. 175 shares of the company’s stock traded hands, compared to its average volume of 2,500. The firm has a market capitalization of $88.80 million, a P/E ratio of 12.41 and a beta of 0.42. The business’s 50-day moving average price is $25.60 and its 200-day moving average price is $25.98. Auburn National Bancorporation has a 1 year low of $19.00 and a 1 year high of $29.00.

Auburn National Bancorporation Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Wednesday, December 10th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Wednesday, December 10th. Auburn National Bancorporation’s dividend payout ratio (DPR) is currently 52.68%.

Institutional Investors Weigh In On Auburn National Bancorporation

Several institutional investors and hedge funds have recently modified their holdings of AUBN. Vanguard Group Inc. raised its stake in 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 worth $2,090,000 after buying an additional 2,402 shares in the last quarter. Bridgeway Capital Management LLC grew its holdings in shares of Auburn National Bancorporation by 4.7% during the 3rd quarter. Bridgeway Capital Management LLC now owns 30,046 shares of the financial services provider’s stock worth $815,000 after acquiring an additional 1,353 shares during the period. Empowered Funds LLC raised its position in shares of Auburn National Bancorporation by 8.4% in the 1st quarter. Empowered Funds LLC now owns 12,105 shares of the financial services provider’s stock worth $261,000 after acquiring an additional 935 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Auburn National Bancorporation by 1.0% in 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 purchasing an additional 407 shares during the period. 39.46% of the stock is owned by hedge funds and other 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 analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

About Auburn National Bancorporation

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.