Auburn National Bancorporation, Inc. Reports Record Full Year Net Earnings of $8.8 million, or $2.42 per share; Record Fourth Quarter Net Earnings of $2.4 million, or $0.66 per share
Auburn National Bancorporation, Inc. (AUBN)
US:NASDAQ Investor Relations:
auburnbank.com
Company Research
Source: GlobeNewswire
Full Year 2018 Results – Compared to Full Year 2017: Net earnings increased 13%Net interest margin increased 11 basis points to 3.40%Loans increased $23.3 million or 5%Improved profitability – return on average assets increased to 1.08% from 0.94%Strong credit quality – NPAs declined by 88%, NPAs to total assets of 0.04% at December 31, 2018 AUBURN, Ala., Jan. 29, 2019 (GLOBE NEWSWIRE) -- Auburn National Bancorporation (Nasdaq: AUBN) reported record net earnings of $8.8 million, or $2.42 per share for 2018, compared to $7.8 million, or $2.15 per share, for 2017. For the fourth quarter of 2018, the Company reported record quarterly net earnings of $2.4 million, or $0.66 per share, compared to $1.8 million, or $0.50 per share, for the fourth quarter of 2017. Robert W. Dumas, Chairman, President, and CEO, commented: “We are pleased to report record earnings for 2018. Our full year and fourth quarter results reflect strong asset quality, solid loan growth, and improved net interest
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News
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- Auburn National Bancorporation President Acquires 601% More Stock [Yahoo! Finance]Yahoo! Finance
- Auburn National Bancorporation, Inc. Reports First Quarter Net Earnings [Yahoo! Finance]Yahoo! Finance
- Auburn National Bancorporation, Inc. Reports First Quarter Net EarningsGlobeNewswire
- Auburn National Bancorporation, Inc. Elects Two New Directors [Yahoo! Finance]Yahoo! Finance
AUBN
Sec Filings
- 5/8/24 - Form 10-Q
- 5/2/24 - Form SC
- 5/1/24 - Form 4
- AUBN's page on the SEC website