Auburn National Bancorporation, Inc. Reports Second Quarter Net Earnings | AUBN Stock News

Category: Finance

Auburn National Bancorporation, Inc. reported net earnings for Q2 2024, showing solid loan growth and improved net interest margins despite a challenging interest rate environment. The company experienced a decrease in nonperforming assets and a negative provision for credit losses. Total assets and deposits increased, reflecting growth across major loan categories. The bank maintains strong regulatory capital ratios and continues to seek loan growth opportunities in its local markets.

Keywords: Auburn National Bancorporation, net earnings, loan growth

Source: Stock Titan

Update At: 7/24/2024

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