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-0.023502824858757 -0.023502824858757 -0.023502824858757 -0.023502824858757 0.00564971751412429 -0.0176271186440678 -0.0176271186440678 -0.0176271186440678
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 2019 vs. 2018 Highlights Earnings per share increased 15% to $0.62 per share Total revenue increased 5% to $7.6 million Average loans increased 14.7 million, or 3% Nonperforming assets were 0.02% of total assets at September 30, 2019 Annualized return on average assets increased to 1.06% from 0.97% AUBURN, Ala., Oct. 22, 2019 (GLOBE NEWSWIRE) -- Auburn National Bancorporation, Inc. (Nasdaq: AUBN) reported net earnings of $2.2 million, or $0.62 per share, for the third quarter of 2019, compared to $2.0 million, or $0.54 per share, for the third quarter of 2018.  Net earnings for the first nine months of 2019 were $7.1 million, or $1.97 per share, compared to $6.4 million, or $1.77 per share, for the first nine months of 2018. “The Company’s third quarter results reflect strong earnings per share growth,” said Robert W. Dumas, Chairman, President and CEO. Mr. Dumas continued, “Total revenues grew by 5% due to increased net interest income and mortgage lending income.” Show less Read more
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