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Auburn National Bancorporation Inc   (AUBN)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 
Price: $19.7900 $0.53 2.752%
Day's High: $19.79 Week Perf: -2.85 %
Day's Low: $ 18.85 30 Day Perf: -2.75 %
Volume (M): 15 52 Wk High: $ 24.40
Volume (M$): $ 303 52 Wk Avg: $21.40
Open: $19.25 52 Wk Low: $18.80



 Market Capitalization (Millions $) 69
 Shares Outstanding (Millions) 3
 Employees 157
 Revenues (TTM) (Millions $) 23
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) 44
 Capital Exp. (TTM) (Millions $) 0

Auburn National Bancorporation Inc

Auburn National Bancorporation, Inc. is a bank holding company registered with the Board of Governors of the Federal Reserve System (the “Federal Reserve”) under the Bank Holding Company Act of 1956, as amended (the “BHC Act”). The Company was incorporated in Delaware in 1990, and in 1994 it succeeded its Alabama predecessor as the bank holding company controlling AuburnBank, an Alabama state member bank with its principal office in Auburn, Alabama (the “Bank”). The Company and its predecessor have controlled the Bank since 1984. As a bank holding company, the Company may diversify into a broader range of financial services and other business activities than currently are permitted to the Bank under applicable laws and regulations. The holding company structure also provides greater financial and operating flexibility than is presently permitted to the Bank.

The Bank has operated continuously since 1907 and currently conducts its business primarily in East Alabama, including Lee County and surrounding areas. The Bank has been a member of the Federal Reserve System since April 1995. The Bank’s primary regulators are the Federal Reserve and the Alabama Superintendent of Banks (the “Alabama Superintendent”). The Bank has been a member of the Federal Home Loan Bank of Atlanta (the “FHLB”) since 1991.

The Company’s business is conducted primarily through the Bank and its subsidiaries. Although it has no immediate plans to conduct any other business, the Company may engage directly or indirectly in a number of activities that the Federal Reserve has determined to be so closely related to banking or managing or controlling banks as to be a proper incident thereto.

The Bank offers checking, savings, transaction deposit accounts and certificates of deposit, and is an active residential mortgage lender in its primary service area. The Bank’s primary service area includes the cities of Auburn and Opelika, Alabama and nearby surrounding areas in East Alabama, primarily in Lee County. The Bank also offers commercial, financial, agricultural, real estate construction and consumer loan products and other financial services. The Bank is one of the largest providers of automated teller services in East Alabama and operates ATM machines in 14 locations in its primary service area. The Bank offers Visa® Checkcards, which are debit cards with the Visa logo that work like checks but can be used anywhere Visa is accepted, including ATMs. The Bank’s Visa Checkcards can be used internationally through the Cirrus® network. The Bank offers online banking and bill payment services through its Internet website, www.auburnbank.com



   Company Address: 100 N. Gay Street Auburn, 36830 AL
   Company Phone Number: 821-9200   Stock Exchange / Ticker: NASDAQ AUBN
   


Customers Net Income fell by AUBN's Customers Net Profit Margin fell to

-4.36 %

11.29 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
BK   -0.33%    
CFG   -2.19%    
FCNCA        2.47% 
FITB   -2.51%    
NTRS        1.27% 
WAL   -1.75%    
• View Complete Report
   



Auburn National Bancorporation Inc

Auburn National Bancorporation Inc Plunges into Deficit in Fourth Quarter of 2023

Auburn National Bancorporation Inc recently reported its financial results for the fourth quarter of 2023, showing a significant decline compared to the previous year. The company slipped into a deficit of $-1.14 per share, a sharp drop from the earnings of $1.28 per share reported a year prior. Additionally, earnings per share fell from $0.43 in the preceding financial reporting period. Revenue also took a hit, plummeting by -97.068% to $0.30 million from $10.37 million in the corresponding financial reporting period a year ago. Sequentially, revenue tumbled by -95.677% from $7.03 million.
For the fourth quarter of 2023, Auburn National Bancorporation Inc recorded a net deficit of $-3.985 million, a stark contrast to the net proceeds of $4.466 million reported in the same period the previous year. Looking at the company's fiscal year 2023 performance, Auburn National Bancorporation Inc declared revenue of $23.21 million and net profits of $1.40 million. It was noted that earnings per share dropped by -86.44% to $0.40 from $2.95 in the previous fiscal period, and revenue fell by -28.95% from $32.67 million a year prior.

Dividend

Auburn National Bancorporation Declares Fourth Quarter Dividend; Shareholders Set to Benefit from Increased Earnings Distribution

Published Tue, Nov 14 2023 9:45 PM UTC



AUBURN, Ala., Nov. 14, 2023 - Auburn National Bancorporation, Inc. (Nasdaq: AUBN) announced today that its Board of Directors has declared a cash dividend of $0.27 per share for the fourth quarter. Shareholders of record as of December 8, 2023, will be eligible to receive the dividend, which is scheduled for payment on December 26, 2023.
This latest announcemen...

Auburn National Bancorporation Inc

Breaking News: Auburn National Bancorporation Inc. Faces Revenue Setback, Challenging Financial Performance

/>Auburn National Bancorporation Inc. recently announced a decline in both revenue and bottom-line in the most recent fiscal period. With income falling by 24.56% to $0.43 per share and revenue dropping by 10.363% year on year, the company faces challenges in maintaining its financial performance. This article examines the key facts and implications of these figures, highlighting the industry's contrasting top-line improvements and the declining profitability of Auburn National Bancorporation Inc.
Revenue and Income Decline:
During the most recent fiscal period, Auburn National Bancorporation Inc. witnessed a significant decrease in revenue, dropping from $7.85 million in the third quarter of 2022 to $7.03 million. This represents a decline of 10.363% year on year. Furthermore, income also experienced a decrease of 24.56%, falling to $0.43 per share. These figures indicate a struggle to maintain financial stability and competitiveness within the market.

Auburn National Bancorporation Inc

Auburn National Bancorporation Inc Surpasses Expectations, Achieving Remarkable Revenue Growth in Q2 2023

Auburn National Bancorporation Inc Delivers Impressive Q2 2023 Earnings, Demonstrating Positive Growth
Auburn National Bancorporation Inc, a leading financial institution, showcased outstanding performance during the second quarter of 2023, reporting revenue of $8.04 million and earnings per share of $0.55. This represents a remarkable year-on-year increase of 11.34% in revenue and a 7.84% growth in earnings per share. Additionally, net profits for the quarter reached $1.928 million, displaying a solid 7.05% rise from the same period last year.
The company's focus on enhancing sales contributed significantly to their impressive financial results. In their efforts to improve sales, Auburn National Bancorporation Inc has demonstrated their ability to effectively adapt to market conditions, resulting in a growth in revenue of 2.629% from the prior quarter. Although earnings per share experienced a slight decrease of -1.79% from $0.56 per share in the previous quarter, the overall trajectory remains positive.






 

Auburn National Bancorporation Inc's Segments
 
 
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  Revenue Outlook
Auburn National Bancorporation Inc does not provide revenue guidance.

Earnings Outlook
Auburn National Bancorporation Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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