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.

2 months ago
7 Articles