Auburn National Bancorporation Q2 EPS rises on interest growth

Auburn National Bancorporation

28/07/2026 13:11

Overview
Alabama community bank's Q2 EPS rose 27% yr/yr, net interest income up 8%
Net interest margin improved to 3.33%, up 15 basis points from Q2 2025
Company recorded negative provision for credit losses, reflecting improved asset quality

Outlook
Company did not provide specific guidance for future quarters or the full year

Result Drivers
NET INTEREST INCOME GROWTH - Co said increase was due to both growth in average interest-earning assets and improvements in net interest margin
MARGIN EXPANSION - Net interest margin rose due to higher yields on earning assets, more favorable asset mix, and lower cost of interest-bearing deposits
NEGATIVE PROVISION FOR CREDIT LOSSES - Negative provision driven by refinements in CECL calculation and early loan payoffs

Company press release: ID:nGNX5Y0r1w

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
 
$0.66
 
Q2 Net Income
 
$2.30 mln
 
Q2 Net Interest Margin
 
3.33%
 

Reuters Recommended Reads
July 27 - Northwest Bancshares Q2 net income rises 59% to record on higher net interest income
July 27 - Ohio Valley Banc Q2 net interest income rises on higher average earning assets
July 27 - Commercial BancGroup Q2 net income rises, driven by loan growth

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)