Auburn National Bancorporation (NASDAQ:AUBN) Posts Earnings Results

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

Auburn National Bancorporation Price Performance

Shares of NASDAQ AUBN traded up $0.09 during midday trading on Tuesday, reaching $26.71. 1,892 shares of the stock were exchanged, compared to its average volume of 3,133. Auburn National Bancorporation has a 12 month low of $21.01 and a 12 month high of $28.88. The company has a market capitalization of $93.23 million, a price-to-earnings ratio of 11.77 and a beta of 0.42. The business has a 50-day simple moving average of $25.83 and a two-hundred day simple moving average of $24.87.

Auburn National Bancorporation Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Wednesday, June 10th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Wednesday, June 10th. Auburn National Bancorporation’s dividend payout ratio (DPR) is currently 47.58%.

Institutional Trading of Auburn National Bancorporation

Several hedge funds have recently added to or reduced their stakes in AUBN. Empowered Funds LLC raised its stake in 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 during the period. Geode Capital Management LLC grew 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 acquiring an additional 439 shares during the period. Bridgeway Capital Management LLC grew 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 acquiring an additional 588 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Auburn National Bancorporation by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 41,808 shares of the financial services provider’s stock worth $1,133,000 after acquiring an additional 407 shares in the last quarter. Finally, Truffle Hound Capital LLC increased its holdings in shares of Auburn National Bancorporation by 7.3% in the fourth quarter. Truffle Hound Capital LLC now owns 50,000 shares of the financial services provider’s stock worth $1,348,000 after acquiring an additional 3,420 shares in the last quarter. Institutional investors and hedge funds own 39.46% of the company’s stock.

Analysts Set New Price Targets

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