Auburn National Bancorporation (AUBN) Q2 2026 earnings summary

Executive summary

• Net earnings for Q2 2026 were $2.3 million ($0.66 per share), up 27% year-over-year and 5% sequentially.

• Six-month net earnings reached $4.5 million ($1.29 per share), up from $3.4 million ($0.96 per share) in the prior year period.

• Strong revenue growth, improved profitability, and expansion of net interest margin highlighted the quarter.

Financial highlights

• Net interest income (tax-equivalent) rose 8% year-over-year to $8.0 million in Q2 2026.

• Net interest margin (tax-equivalent) increased to 3.33%, up 15 basis points year-over-year.

• Noninterest income was $0.9 million, up from $0.8 million in Q2 2025, driven by bank-owned life insurance income.

• Noninterest expense increased to $6.1 million, mainly due to a $0.4 million loss contingency accrual.

• Total assets reached $1.1 billion; total deposits grew to $988.3 million, up from $939.9 million a year ago.

• Stockholders’ equity was $93.9 million ($26.91 per share) at quarter-end.

Outlook and guidance

• Management emphasized continued strong asset quality, capital, and liquidity.

• Forward-looking statements caution about risks from economic conditions, interest rates, and regulatory changes.