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AUBN (Auburn National Bancorp) Retained Earnings : $115.14 Mil (As of Sep. 2024)


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What is Auburn National Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Auburn National Bancorp's retained earnings for the quarter that ended in Sep. 2024 was $115.14 Mil.

Auburn National Bancorp's quarterly retained earnings increased from Mar. 2024 ($113.56 Mil) to Jun. 2024 ($114.35 Mil) and increased from Jun. 2024 ($114.35 Mil) to Sep. 2024 ($115.14 Mil).

Auburn National Bancorp's annual retained earnings increased from Dec. 2021 ($109.97 Mil) to Dec. 2022 ($116.60 Mil) but then declined from Dec. 2022 ($116.60 Mil) to Dec. 2023 ($113.40 Mil).


Auburn National Bancorp Retained Earnings Historical Data

The historical data trend for Auburn National Bancorp's Retained Earnings 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 Retained Earnings Chart

Auburn National Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.80 105.62 109.97 116.60 113.40

Auburn National Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Retained Earnings 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 118.33 113.40 113.56 114.35 115.14

Auburn National Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Auburn National Bancorp  (NAS:AUBN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Auburn National Bancorp Business Description

Traded in Other Exchanges
N/A
Address
100 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, predominantly 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
Walker William James Iv officer: SVP/Chief Acctg Off P. O. BOX 3110, AUBURN AL 36831-3110
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
William Thomas Johnson officer: Senior Vice President 100 NORTH GAY STREET, PO BOX 3110, AUBURN AL 36830
Smith Charles Edward Jr 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

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