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Stock impact report

Auburn National Bancorporation, Inc. Reports Third Quarter Net Earnings

Auburn National Bancorporation, Inc. (AUBN) 
US:NASDAQ Investor Relations: auburnbank.com
Company Research Source: GlobeNewswire
Third Quarter 2024 Highlights: Return on Assets (annualized) improved to 0.71%, compared to 0.58% in 3Q 2023 Net interest margin (tax-equivalent) of 3.05%, compared to 2.73% in 3Q 2023 Net interest income (tax-equivalent) was $6.8 million, an increase of 7% compared to 3Q 2023 Average loans were $571.7 million, an increase of 8% compared to 3Q 2023 Loan to deposit ratio increased to 62.7% at period end from 56.6% at September 30, 2023 Tangible common equity (“TCE”) to total assets improved to 8.52%, compared to 5.96% at September 30, 2023 AUBURN, Ala., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Auburn National Bancorporation, Inc. (Nasdaq: AUBN) reported net earnings of $1.7 million, or $0.50 per share, for the third quarter of 2024, compared to $1.7 million, or $0.50 per share, for the second quarter of 2024, and $1.5 million, or $0.43 per share, for the third Show less Read more
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