Auburn National Bancorporation, Inc. (AUBN) Announces Earnings Results
Auburn National Bancorporation, Inc. (NASDAQ:AUBN) issued its quarterly earnings data on Tuesday. The financial services provider reported $0.59 earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $7.23 million for the quarter. Auburn National Bancorporation had a return on equity of 9.43% and a net margin of 26.10%.
Shares of Auburn National Bancorporation (NASDAQ:AUBN) opened at 33.25 on Thursday. The company’s 50-day moving average price is $35.27 and its 200-day moving average price is $35.25. The company has a market cap of $121.13 million, a price-to-earnings ratio of 15.31 and a beta of 0.23. Auburn National Bancorporation has a 12 month low of $27.26 and a 12 month high of $37.81.
In other Auburn National Bancorporation news, major shareholder Emil F. Wright, Jr. sold 794 shares of the firm’s stock in a transaction dated Wednesday, October 18th. The stock was sold at an average price of $35.29, for a total transaction of $28,020.26. Following the sale, the insider now owns 276,100 shares in the company, valued at $9,743,569. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Emil F. Wright, Jr. sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $36.00, for a total value of $36,000.00. Following the sale, the insider now owns 276,200 shares in the company, valued at approximately $9,943,200. The disclosure for this sale can be found here. Insiders have acquired 17,572 shares of company stock worth $629,124 in the last 90 days. Company insiders own 24.58% of the company’s stock.
Auburn National Bancorporation Company Profile
Auburn National Bancorporation, Inc is a bank holding company. The Company operates through its subsidiary AuburnBank (the Bank), which is a commercial bank located in Auburn, Alabama. The Bank provides a range of banking services in its primary market area, Lee County, which includes the Auburn-Opelika Metropolitan Statistical Area.
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