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Auburn National Bancorporation reports Q4 profit of $0.45 per share, reversing last year's loss.
Auburn National Bancorporation (AUBN) reported a Q4 2024 net income of $1.6 million, or $0.45 per share, improving from a loss of $4.0 million in Q4 2023.
The company's net interest income increased by 14%, and average loans rose by 3%.
AUBN's stock, priced at $22.23, has dropped 8% this year but gained over 5% in the past 12 months.
The CEO projects further improvement in the net interest margin in 2025.
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Auburn National Bancorporation reporta beneficios Q4 de $0.45 por acción, revirtiendo la pérdida del año pasado.