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Auburn National Bancorp (Auburn National Bancorp) Net Income : $1.40 Mil (TTM As of Dec. 2023)


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What is Auburn National Bancorp Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Auburn National Bancorp's Net Income for the three months ended in Dec. 2023 was $-3.99 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $1.40 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Auburn National Bancorp's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-1.14.


Auburn National Bancorp Net Income Historical Data

The historical data trend for Auburn National Bancorp's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Auburn National Bancorp Net Income Chart

Auburn National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.74 7.45 8.04 10.35 1.40

Auburn National Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.47 1.96 1.93 1.49 -3.99

Auburn National Bancorp Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Auburn National Bancorp's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0.618+0.777+0+0
=1.40

Auburn National Bancorp's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-5.499+1.514+0+-4.4408920985006E-16
=-3.99

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.40 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Auburn National Bancorp  (NAS:AUBN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Auburn National Bancorp's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Auburn National Bancorp Net Income Related Terms

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Auburn National Bancorp (Auburn National Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
132 N. Gay Street, Auburn, AL, USA, 36830
Auburn National Bancorp Inc operates as a bank holding company, which offers checking, savings, transaction deposit accounts and certificates of deposit, and is an active residential mortgage lender in its primary service area. The Bank's primary service area includes the cities of Auburn and Opelika, Alabama and nearby surrounding areas in East Alabama, primarily in Lee County. The Bank also offers commercial, financial, agricultural, real estate construction and consumer loan products and other financial services. The Bank also provides automated teller machine (ATM) services in East Alabama and operates ATM machines. The Bank offers Visa Checkcards, which are debit cards. The Bank offers online banking, bill payment and other electronic banking services through its Internet website.
Executives
David E Housel director 100 NORTH GAY STREET, PO BOX 3110, AUBURN AL 36830
Shannon O'donnell officer: SENIOR VICE PRESIDENT 2032 ST. PATRICK COURT, AUBURN AL 36830
J Tutt Barrett director P. O. BOX 49, OPELIKA AL 36803
Ham William F Jr director 100 NORTH GAY STREET, PO BOX 3110, AUBURN AL 36830
David A Hedges officer: Controller 1832 COOPER'S POND ROAD, AUBURN AL 36830
Terry W Andrus director 100 NORTH GAY STREET, PO BOX 3110, AUBURN AL 36830
Wright Emil F Jr director, 10 percent owner 100 NORTH GAY STREET, PO BOX 3110, AUBURN AL 36830
Lauretta Jenkins Cooper director 1520 DUNBAR STREET, AUBURN AL 36830
Terrell E Bishop officer: Senior Vice President 100 NORTH GAY STREET, PO BOX 3110, AUBURN AL 36830
Jerome B Siegel officer: Senior Vice President 616 LOCKWOOD STREET, AUBURN AL 36830
Smith Charles Edward Jr officer: Senior Vice President 100 NORTH GAY STREET, PO BOX 3110, AUBURN AL 36830
William Thomas Johnson officer: Senior Vice President 100 NORTH GAY STREET, PO BOX 3110, AUBURN AL 36830
Samuel Mark Bridges officer: Senior Vice President P. O. BOX 3110, AUBURN AL 36831-3110
Pamela Meigs Fuller officer: Vice President P. O. BOX 3110, AUBURN AL 36831
Spencer Edward L Jr 10 percent owner 100 NORTH GAY STREET, PO BOX 3110, AUBURN AL 36830

Auburn National Bancorp (Auburn National Bancorp) Headlines