Evans Bancorp, Inc. (EVBN)

NYSEAMERICAN: EVBN · IEX Real-Time Price · USD
33.87
-0.29 (-0.85%)
Mar 29, 2023, 4:00 PM EDT - Market closed
-0.85%
Market Cap 184.60M
Revenue (ttm) 89.49M
Net Income (ttm) 22.39M
Shares Out 5.45M
EPS (ttm) 4.04
PE Ratio 8.38
Forward PE n/a
Dividend $1.30 (3.84%)
Ex-Dividend Date Mar 9, 2023
Volume 12,601
Open 34.26
Previous Close 34.16
Day's Range 33.86 - 34.60
52-Week Range 32.53 - 40.57
Beta 0.92
Analysts Buy
Price Target 40.80 (+20.46%)
Earnings Date Apr 26, 2023

About EVBN

Evans Bancorp, Inc. primarily operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York and the Finger Lakes Region of New York State. It operates in two segments, Banking Activities and Insurance Agency Activities. The company offers deposit products, which include checking and negotiable order of withdrawal accounts, savings accounts, and certificates of deposit. It also provides residential mortgages; commercial and multi-fami... [Read more]

Sector Financials
Founded 1920
Employees 378
Stock Exchange NYSEAMERICAN
Ticker Symbol EVBN
Full Company Profile

Financial Performance

In 2022, Evans Bancorp's revenue was $89.49 million, a decrease of -3.93% compared to the previous year's $93.15 million. Earnings were $22.39 million, a decrease of -6.88%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for EVBN stock is "Buy." The 12-month stock price forecast is $40.8, which is an increase of 20.46% from the latest price.

Price Target
$40.8
(20.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Evans Bancorp (EVBN) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Evans Bancorp (EVBN) have what it takes?

6 days ago - Zacks Investment Research

Evans Bancorp, Inc. Increases Semi-Annual Cash Dividend to $0.66 per Share

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Increases Semi-Annual Cash Dividend to $0.

1 month ago - Business Wire

Evans Bancorp (EVBN) Tops Q4 Earnings Estimates

Evans Bancorp (EVBN) delivered earnings and revenue surprises of 17.02% and 0.78%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Evans Bancorp Reports Net Income of $22.4 Million in 2022

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, today reported...

1 month ago - Business Wire

Evans Bancorp Announces Fourth Quarter and Full Year 2022 Conference Call and Webcast

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (the “Company”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced that it will re...

2 months ago - Business Wire

Evans Bancorp (EVBN) Q3 Earnings and Revenues Lag Estimates

Evans Bancorp (EVBN) delivered earnings and revenue surprises of -5.36% and 0.18%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Evans Bancorp Reports Net Income of $5.9 Million in Third Quarter 2022

WILLIAMSVILLE, N.Y.

5 months ago - Business Wire

Analysts Estimate Evans Bancorp (EVBN) to Report a Decline in Earnings: What to Look Out for

Evans Bancorp (EVBN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

5 months ago - Zacks Investment Research

What Makes Evans Bancorp (EVBN) a New Strong Buy Stock

Evans Bancorp (EVBN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

5 months ago - Zacks Investment Research

Evans Bancorp Announces Third Quarter 2022 Conference Call and Webcast

WILLIAMSVILLE, N.Y.

5 months ago - Business Wire

Evans Bancorp, Inc. Increases Semi-Annual Cash Dividend to $0.64 per Share

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Increases Semi-Annual Cash Dividend to $0.64 per Share

8 months ago - Business Wire

Will Evans Bancorp (EVBN) Gain on Rising Earnings Estimates?

Evans Bancorp (EVBN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

8 months ago - Zacks Investment Research

Best Income Stocks to Buy for July 28th

TRST, IBA, and EVBN made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 28, 2022.

Other symbols: IBATRST
8 months ago - Zacks Investment Research

Evans Bancorp (EVBN) Surpasses Q2 Earnings and Revenue Estimates

Evans Bancorp (EVBN) delivered earnings and revenue surprises of 22.62% and 4.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Evans Bancorp Reports Net Income of $5.7 Million in Second Quarter 2022

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Reports Net Income of $5.7 Million in Second Quarter 2022

8 months ago - Business Wire

Evans Bancorp Announces Second Quarter 2022 Conference Call and Webcast

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Announces Second Quarter 2022 Conference Call and Webcast

9 months ago - Business Wire

Evans Bancorp (EVBN) Loses 14.6% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Evans Bancorp (EVBN) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estim...

9 months ago - Zacks Investment Research

Evans Bancorp (EVBN) Upgraded to Buy: Here's Why

Evans Bancorp (EVBN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

11 months ago - Zacks Investment Research

Evans Bancorp (EVBN) Tops Q1 Earnings Estimates

Evans Bancorp (EVBN) delivered earnings and revenue surprises of 4.88% and 2.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Evans Bancorp Reports Net Income of $4.7 Million in First Quarter 2022

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Reports Net Income of $4.7 Million in First Quarter 2022

1 year ago - Business Wire

Evans Bancorp Announces First Quarter 2022 Conference Call and Webcast

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Announces First Quarter 2022 Conference Call and Webcast

1 year ago - Business Wire

3 Reliable Regional Banks Announce Dividends

Muncy Bank Financial Inc. ( MYBF , Financial), Evans Bancorp Inc. ( EVBN , Financial) and Stock Yards Bancorp Inc. ( SYBT , Financial) all recently announced their next dividends.

Other symbols: SYBT
1 year ago - GuruFocus

Evans Bancorp, Inc. Increases Semi-Annual Cash Dividend to $0.62 per Share

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Increases Semi-Annual Cash Dividend to $0.62 per Share

1 year ago - Business Wire

Evans Bancorp (EVBN) Upgraded to Buy: What Does It Mean for the Stock?

Evans Bancorp (EVBN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

1 year ago - Zacks Investment Research

Evans Bancorp (EVBN) Q4 Earnings and Revenues Beat Estimates

Evans Bancorp (EVBN) delivered earnings and revenue surprises of 11.58% and 7.69%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research