Auburn National Bancorporation reports Q2 EPS 50c vs 55c last year

Reports Q2 revenue $7.605M vs $7.679M last year. “The Company’s second quarter results reflect solid loan growth, a stable and improved net interest margin, decreased expenses and continued strength in our credit quality, liquidity, and capital,” said David A. Hedges, President and CEO. “While we expect the interest rate environment will remain challenging in the second half of 2024, we are encouraged by the economic strength of our local markets and continue to see opportunities for loan growth,” continued Mr. Hedges.