Auburn National posts higher Q2 EPS on improved interest margin

Auburn National Bancorporation

22/07/2025 13:11

Corrects Key Details table to show Credit Loss Provision amount was $113,000, not -$7 mln

Overview

Auburn National Q2 EPS rises 18% qtr/qtr, driven by improved net interest margin

Net interest income grows 4% qtr/qtr, reflecting strong credit quality

Nonperforming assets at 0.03% of total assets, indicating strong credit quality

Outlook

Company optimistic about future net interest margin improvements

Auburn National sees strong capital and liquidity position

Result Drivers

NET INTEREST MARGIN - Improvement driven by decreased costs of interest-bearing deposits and better yields on interest-earning assets

CREDIT QUALITY - Strong credit quality reflected in low nonperforming assets ratio

NONINTEREST EXPENSE - Decrease primarily related to lower net occupancy and other noninterest expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.52
Q2 Net Income
$1.80 mln
Q2 Net Interest Income
$7.40 mln
Q2 Credit Loss Provision
$113,000
Q2 Net Interest Margin
3.3%


Press Release: ID:nGNX85R23H

 (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.)