StockNews.com Begins Coverage on Auburn National Bancorporation (NASDAQ:AUBN)

StockNews.com started coverage on shares of Auburn National Bancorporation (NASDAQ:AUBN) in a report released on Thursday morning. The firm issued a hold rating on the financial services provider’s stock.

Auburn National Bancorporation Price Performance

NASDAQ:AUBN opened at $20.77 on Thursday. The firm has a market capitalization of $72.57 million, a P/E ratio of 90.30 and a beta of 0.54. The company’s fifty day moving average price is $19.82 and its 200-day moving average price is $18.89. Auburn National Bancorporation has a 1-year low of $16.48 and a 1-year high of $25.25.

Auburn National Bancorporation (NASDAQ:AUBN) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $0.50 earnings per share for the quarter. Auburn National Bancorporation had a return on equity of 0.85% and a net margin of 1.80%. The business had revenue of $7.62 million during the quarter.

Auburn National Bancorporation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Tuesday, September 10th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 5.20%. The ex-dividend date was Tuesday, September 10th. Auburn National Bancorporation’s dividend payout ratio is currently 469.57%.

About Auburn National Bancorporation

Auburn National Bancorporation, Inc operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company offers checking, savings, and transaction deposit accounts, as well as certificates of deposit. It also provides commercial, financial, agricultural, real estate construction, and consumer loan products; and other financial services.