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NYSEAMERICAN:EVBN

Evans Bancorp (EVBN) Stock Price, News & Analysis

Evans Bancorp logo
$39.54
-0.28 (-0.70%)
(As of 11/1/2024 ET)

About Evans Bancorp Stock (NYSEAMERICAN:EVBN)

Key Stats

Today's Range
$39.39
$40.93
50-Day Range
N/A
52-Week Range
$24.07
$41.18
Volume
14,151 shs
Average Volume
28,442 shs
Market Capitalization
$218.66 million
P/E Ratio
11.43
Dividend Yield
3.34%
Price Target
$36.25
Consensus Rating
Hold

Company Overview

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. It also provides residential mortgages; commercial and multi-family mortgages and commercial construction loans; home equities, such as home equity lines of credit and second mortgage loans; commercial and industrial loans comprising term loans and lines of credit; consumer loans, includes direct automobile, recreational vehicle, boat, home improvement, and personal loans; other loans consist of cash reserves, overdrafts, and loan clearing accounts; and installment loans. In addition, the company offers non-deposit investment products, such as annuities and mutual funds. Evans Bancorp, Inc. was founded in 1920 and is headquartered in Williamsville, New York.

Evans Bancorp Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
35th Percentile Overall Score

EVBN MarketRank™: 

Evans Bancorp scored higher than 35% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Evans Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Evans Bancorp has only been the subject of 1 research reports in the past 90 days.

  • Read more about Evans Bancorp's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Evans Bancorp is 11.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.03.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Evans Bancorp is 11.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 41.95.

  • Price to Book Value per Share Ratio

    Evans Bancorp has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    0.39% of the float of Evans Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Evans Bancorp has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Evans Bancorp has recently increased by 13.11%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Evans Bancorp pays a meaningful dividend of 3.30%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Evans Bancorp has been increasing its dividend for 12 years.

  • Dividend Coverage

    The dividend payout ratio of Evans Bancorp is 38.15%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Evans Bancorp's dividend.
  • Percentage of Shares Shorted

    0.39% of the float of Evans Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Evans Bancorp has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Evans Bancorp has recently increased by 13.11%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Evans Bancorp has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Evans Bancorp this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Evans Bancorp insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 6.34% of the stock of Evans Bancorp is held by insiders.

  • Percentage Held by Institutions

    67.10% of the stock of Evans Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Evans Bancorp's insider trading history.
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EVBN Stock News Headlines

Evans Bancorp Reports Stable Q3 Earnings Amid Merger Plans
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EVBN Stock Analysis - Frequently Asked Questions

Evans Bancorp's stock was trading at $29.86 at the start of the year. Since then, EVBN shares have increased by 32.4% and is now trading at $39.54.
View the best growth stocks for 2024 here
.

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) announced its earnings results on Tuesday, July, 30th. The bank reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.38 by $0.15. The bank earned $30.22 million during the quarter. Evans Bancorp had a net margin of 14.51% and a trailing twelve-month return on equity of 11.20%.

Top institutional investors of Evans Bancorp include PL Capital Advisors LLC (11.06%) and Ritholtz Wealth Management (0.10%). Insiders that own company stock include Pl Capital Advisors, Llc, David J Nasca, Robert G Miller Jr, Lee C Wortham, John B Connerton, Kevin D Maroney and Jody L Lomeo.
View institutional ownership trends
.

Shares of EVBN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Evans Bancorp investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

Last Earnings
7/30/2024
Ex-Dividend for 10/10 Dividend
9/12/2024
Dividend Payable
10/10/2024
Today
11/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Banking
Current Symbol
NYSEAMERICAN:EVBN
Previous Symbol
NASDAQ:EVBN
Employees
380
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$36.25
High Stock Price Target
$45.50
Low Stock Price Target
$27.00
Potential Upside/Downside
-8.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$24.52 million
Pretax Margin
21.04%

Debt

Sales & Book Value

Annual Sales
$129.77 million
Cash Flow
$4.70 per share
Book Value
$32.52 per share

Miscellaneous

Free Float
5,176,000
Market Cap
$218.66 million
Optionable
Not Optionable
Beta
0.91
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This page (NYSEAMERICAN:EVBN) was last updated on 11/2/2024 by MarketBeat.com Staff
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