Evans Bancorp (EVBN) Expected to Announce Quarterly Earnings on Thursday

Evans Bancorp (NYSEAMERICAN:EVBN - Get Free Report) will likely be releasing its earnings data before the market opens on Thursday, January 30th. Analysts expect Evans Bancorp to post earnings of $0.48 per share and revenue of $17,320.00 billion for the quarter.

Evans Bancorp (NYSEAMERICAN:EVBN - Get Free Report) last announced its earnings results on Thursday, October 31st. The bank reported $0.53 EPS for the quarter, beating the consensus estimate of $0.40 by $0.13. Evans Bancorp had a return on equity of 10.27% and a net margin of 13.80%. The business had revenue of $31.69 million during the quarter.

Evans Bancorp Stock Down 0.4 %

Shares of NYSEAMERICAN EVBN traded down $0.19 during mid-day trading on Thursday, hitting $43.42. 29,930 shares of the company traded hands, compared to its average volume of 20,788. Evans Bancorp has a 1 year low of $24.07 and a 1 year high of $46.21. The firm has a market cap of $240.55 million, a PE ratio of 13.04 and a beta of 0.92. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.86. The business's 50 day moving average is $43.71.

Analyst Ratings Changes

Several equities research analysts recently issued reports on EVBN shares. StockNews.com started coverage on Evans Bancorp in a research note on Wednesday, January 8th. They issued a "hold" rating for the company. Keefe, Bruyette & Woods raised their price target on Evans Bancorp from $42.32 to $45.50 and gave the stock a "market perform" rating in a research note on Friday, November 1st.

About Evans Bancorp

Evans Bancorp, Inc primarily operates as financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in the United States. The company offers deposit products, which include checking and negotiable order of withdrawal accounts, savings accounts, and certificates of deposit.