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

Auburn National Bancorporation (NASDAQ:AUBN) issued its quarterly earnings data on Tuesday. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $8.77 million during the quarter. Auburn National Bancorporation had a net margin of 17.79% and a return on equity of 9.16%.

Auburn National Bancorporation Stock Performance

AUBN opened at $26.84 on Thursday. The firm has a market cap of $93.66 million, a P/E ratio of 11.14 and a beta of 0.42. The firm has a 50-day moving average of $25.92 and a 200 day moving average of $24.88. Auburn National Bancorporation has a fifty-two week low of $21.01 and a fifty-two week high of $28.88.

Auburn National Bancorporation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Wednesday, June 10th were given a dividend of $0.27 per share. The ex-dividend date was Wednesday, June 10th. This represents a $1.08 annualized dividend and a yield of 4.0%. Auburn National Bancorporation’s dividend payout ratio is presently 47.58%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Empowered Funds LLC increased its stake 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. Geode Capital Management LLC lifted its stake in Auburn National Bancorporation by 1.7% in the fourth quarter. Geode Capital Management LLC now owns 25,632 shares of the financial services provider’s stock valued at $691,000 after purchasing an additional 439 shares during the last quarter. Bridgeway Capital Management LLC lifted its stake in 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 purchasing an additional 588 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings 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 grew its holdings in Auburn National Bancorporation by 7.3% during 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 period. 39.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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