Auburn National Bancorporation (NasdaqGM:AUBN) - Share price, News & Analysis

AUBN fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	3/6
Financial Health	6/6
Dividends	4/6

AUBN Stock Overview

Auburn National Bancorporation, Inc. operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama.

Rewards

Trading at 42.6% below our estimate of its fair value

Pays a reliable dividend of 3.51%

Risk Analysis

Earnings have declined by 0.1% per year over past 5 years

Auburn National Bancorporation Competitors

Sandy Spring Bancorp

NasdaqGS:SASR

US$1.7b

City Holding

NasdaqGS:CHCO

US$1.2b

MetroCity Bankshares

NasdaqGS:MCBS

US$515.4m

First Community Bankshares

NasdaqGS:FCBC

US$462.1m

Price History & Performance

Summary of all time highs, changes and price drops for Auburn National Bancorporation
Historical stock prices
Current Share Price	US$30.22
52 Week High	US$39.32
52 Week Low	US$28.10
Beta	0.51
1 Month Change	-6.93%
3 Month Change	-7.44%
1 Year Change	-19.61%
3 Year Change	-20.89%
5 Year Change	-11.38%
Change since IPO	377.16%

Shareholder Returns

	AUBN	US Banks	US Market
7D	-0.4%	1.5%	2.7%
1Y	-19.6%	-16.6%	-8.1%

Return vs Industry: AUBN underperformed the US Banks industry which returned -16.6% over the past year.

Return vs Market: AUBN underperformed the US Market which returned -8.1% over the past year.

Price Volatility

Is AUBN's price volatile compared to industry and market?
AUBN volatility
AUBN Average Weekly Movement	4.1%
Banks Industry Average Movement	3.9%
Market Average Movement	7.8%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	2.9%

Stable Share Price: AUBN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: AUBN's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1907	152	Bob Dumas	https://www.auburnbank.com

Auburn National Bancorporation, Inc. operates as the bank holding company for AuburnBank that provides various banking products and services in East Alabama. The company’s deposit products include 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.

Auburn National Bancorporation Fundamentals Summary

How do Auburn National Bancorporation's earnings and revenue compare to its market cap?
AUBN fundamental statistics
Market Cap	US$106.25m
Earnings (TTM)	US$8.11m
Revenue (TTM)	US$29.00m

13.1x

P/E Ratio

1.0x

P/B Ratio

Is AUBN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
AUBN income statement (TTM)
Revenue	US$29.00m
Cost of Revenue	US$0
Gross Profit	US$29.00m
Other Expenses	US$20.88m
Earnings	US$8.11m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	2.31
Gross Margin	100.00%
Net Profit Margin	27.98%
Debt/Equity Ratio	4.0%

How did AUBN perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

46%

Payout Ratio

Does AUBN pay a reliable dividends?

See AUBN dividend history and benchmarks

When do you need to buy AUBN by to receive an upcoming dividend?
Auburn National Bancorporation dividend dates
Ex Dividend Date	Jun 09 2022
Dividend Pay Date	Jun 24 2022
Days until Ex dividend	21 days
Days until Dividend pay date	36 days

Does AUBN pay a reliable dividends?

See AUBN dividend history and benchmarks

Valuation

Is Auburn National Bancorporation undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

42.6%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: AUBN ($30.22) is trading below our estimate of fair value ($52.69)

Significantly Below Fair Value: AUBN is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: AUBN is poor value based on its PE Ratio (13.1x) compared to the US Banks industry average (9.7x).

PE vs Market: AUBN is good value based on its PE Ratio (13.1x) compared to the US market (16x).

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AUBN's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: AUBN's PB Ratio (1x) is in line with the US Banks industry average.

Future Growth

How is Auburn National Bancorporation forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

10.2%

Forecasted Banks industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Auburn National Bancorporation has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Auburn National Bancorporation performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-0.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AUBN has high quality earnings.

Growing Profit Margin: AUBN's current net profit margins (28%) are higher than last year (26.7%).

Past Earnings Growth Analysis

Earnings Trend: AUBN's earnings have declined by 0.1% per year over the past 5 years.

Accelerating Growth: AUBN's earnings growth over the past year (5.9%) exceeds its 5-year average (-0.1% per year).

Earnings vs Industry: AUBN earnings growth over the past year (5.9%) underperformed the Banks industry 20.9%.

Return on Equity

High ROE: AUBN's Return on Equity (7.8%) is considered low.

Financial Health

How is Auburn National Bancorporation's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

6/6

Financial Health Score 6/6

Asset Level
Allowance for Bad Loans
Low Risk Liabilities
Loan Level
Low Risk Deposits
Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: AUBN's Assets to Equity ratio (10.7x) is moderate.

Allowance for Bad Loans: AUBN has a sufficient allowance for bad loans (1112%).

Low Risk Liabilities: 99% of AUBN's liabilities are made up of primarily low risk sources of funding.

Loan Level: AUBN has an appropriate level of Loans to Assets ratio (41%).

Low Risk Deposits: AUBN's Loans to Deposits ratio (46%) is appropriate.

Level of Bad Loans: AUBN has an appropriate level of bad loans (0.1%).

Dividend

What is Auburn National Bancorporation current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

3.51%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: AUBN's dividend (3.51%) is higher than the bottom 25% of dividend payers in the US market (1.51%).

High Dividend: AUBN's dividend (3.51%) is low compared to the top 25% of dividend payers in the US market (3.97%).

Stability and Growth of Payments

Stable Dividend: AUBN's dividends per share have been stable in the past 10 years.

Growing Dividend: AUBN's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (45.5%), AUBN's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.

Next Steps

Explore strong dividend paying companies in the Banks industry.

Management

How experienced are the management team and are they aligned to shareholders interests?

8.2yrs

Average management tenure

CEO

Bob Dumas (67 yo)

4.58yrs

Tenure

US$453,163

Compensation

Mr. Robert W. Dumas also known as Bob, as the Chairman of Auburn National Bancorporation, Inc. since January 2020. He has served as Chief Executive Officer of AuburnBank since 2001. Mr. Dumas has served as...

CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD453.16K) is below average for companies of similar size in the US market ($USD771.97K).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.

Leadership Team

Experienced Management: AUBN's management team is seasoned and experienced (8.2 years average tenure).

Board Members

Experienced Board: AUBN's board of directors are seasoned and experienced ( 18.3 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: AUBN insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Data	Last Updated (UTC time)
Company Analysis	2022/05/18 00:00
End of Day Share Price	2022/05/17 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31