Evans Bancorp, Inc. is a financial holding company. The Company conducts its business through its subsidiaries, such as Evans Bank, N.A. (the Bank), which provides a range of banking services to consumer and commercial customers in Western New York, and Evans National Financial Services, LLC (ENFS), which hold interests in The Evans Agency, LLC (TEA), which sells various premium-based insurance policies on a commission basis. The Bank operates through over 10 banking offices in Erie County and Chautauqua County, New York. ENFS owns the business and assets of the Company's non-banking financial services subsidiaries. The Company operates in two segments, namely, banking activities and insurance agency activities. Its banking business segment includes both commercial and consumer banking services, including a range of lending and depository services. Its insurance agency segment includes the activities of selling various premium-based insurance policies on a commission basis.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Regional - Northeast Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:EVBN
- CUSIP: N/A
- Web: N/A
- Market Cap: $186.75 million
- Outstanding Shares: 4,634,000
- 50 Day Moving Avg: $39.73
- 200 Day Moving Avg: $37.61
- 52 Week Range: $24.21 - $42.58
Sales & Book Value:
- Trailing P/E Ratio: 18.57
- Foreward P/E Ratio: 14.50
- P/E Growth: 0.00
- Annual Revenue: $45.73 million
- Price / Sales: 4.08
- Book Value: $24.30 per share
- Price / Book: 1.66
- Average Volume: 8,764 shs.
- Short Ratio: 0.37
Frequently Asked Questions for Evans Bancorp (NASDAQ:EVBN)
What is Evans Bancorp's stock symbol?
Evans Bancorp trades on the NASDAQ under the ticker symbol "EVBN."
How often does Evans Bancorp pay dividends? What is the dividend yield for Evans Bancorp?
Evans Bancorp announced a semiannual dividend on Thursday, February 23rd. Stockholders of record on Tuesday, March 14th will be given a dividend of $0.40 per share on Tuesday, April 4th. This represents a dividend yield of 2.01%. The ex-dividend date is Friday, March 10th. This is an increase from Evans Bancorp's previous semiannual dividend of $0.38. View Evans Bancorp's Dividend History.
How were Evans Bancorp's earnings last quarter?
Evans Bancorp Inc. (NASDAQ:EVBN) announced its quarterly earnings data on Wednesday, April, 26th. The company reported $0.66 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.17. The business earned $13.17 million during the quarter. View Evans Bancorp's Earnings History.
Who are some of Evans Bancorp's key competitors?
Some companies that are related to Evans Bancorp include Hamilton Lane (HLNE), Clifton Bancorp (CSBK), Eagle Point Credit Company (ECC), America First Multifamily Investors, L.P. (ATAX), TICC Capital Corp. (TICC), Dynex Capital (DX), Arlington Asset Investment Corp (AI), Old Second Bancorp (OSBC), CNB Financial Corporation (CCNE), eHealth (EHTH), Sierra Bancorp (BSRR), Medley Capital Corporation (MCC), Community Healthcare Trust Incorporated (CHCT), Capital City Bank Group (CCBG), Ocwen Financial Corporation (OCN), Guaranty Bancshares (GNTY), Western New England Bancorp (WNEB) and Ashford Hospitality Prime (AHP).
Who are Evans Bancorp's key executives?
Evans Bancorp's management team includes the folowing people:
- John R. O'Brien, Independent Chairman of the Board
- David J. Nasca, President, Chief Executive Officer, Director
- Lee C. Wortham, Independent Vice Chairman of the Board
- John B. Connerton, Chief Financial Officer, Senior Vice President
- Nicholas J. Snyder, Senior Vice President - Finance, Controller, Treasurer
- Robert G. Miller Jr., Secretary, Director; President of The Evans Agency, LLC, Executive Vice President of Evans Bank, N.A.
- Michael A. Battle, Director
- David R. Pfalzgraf Jr., Director
- James E. Biddle Jr., Independent Director
- Michael John Rogers, Independent Director
How do I buy Evans Bancorp stock?
Shares of Evans Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Evans Bancorp's stock price today?
MarketBeat Community Rating for Evans Bancorp (NASDAQ EVBN)MarketBeat's community ratings are surveys of what our community members think about Evans Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Evans Bancorp stock can currently be purchased for approximately $40.30.
Consensus Ratings for Evans Bancorp (NASDAQ:EVBN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for Evans Bancorp (NASDAQ:EVBN)
(Data available from 6/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/1/2016||Hovde Group||Initiated Coverage||Outperform||$29.00||N/A|
Earnings History for Evans Bancorp (NASDAQ:EVBN)Earnings History by Quarter for Evans Bancorp (NASDAQ EVBN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|4/26/2017||Q1 2017||$0.50||$0.66||$13.17 million||View||N/A|
|2/6/2017||Q416||$0.53||$0.53||$12.43 million||$12.05 million||View||Listen|
|2/4/2016||Q4 2015||$0.44||$0.41||$11.36 million||View||N/A|
|2/5/2015||Q4 2014||$0.51||$0.54||$8.75 million||View||N/A|
|4/23/2014||Q1 2014||$0.47||$0.47||$10.69 million||View||N/A|
Earnings Estimates for Evans Bancorp (NASDAQ:EVBN)
Current Year EPS Consensus Estimate: $2.32 EPS
Next Year EPS Consensus Estimate: $2.78 EPS
Dividend History by Quarter for Evans Bancorp (NASDAQ EVBN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Evans Bancorp (NASDAQ:EVBN)Insider Trades by Quarter for Evans Bancorp (NASDAQ:EVBN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/16/2017||Jody L Lomeo||Director||Buy||500||$39.50||$19,750.00|| |
|5/5/2017||Robert G. Miller, Jr.||Insider||Sell||9,218||$37.06||$341,619.08|| |
|5/3/2017||Oliver Sommer||Director||Buy||300||$38.15||$11,445.00|| |
|11/30/2016||Robert G. Miller, Jr.||Insider||Sell||3,000||$4.39||$13,170.00|| |
|6/17/2016||Robert G. Miller, Jr.||Insider||Sell||3,280||$24.45||$80,196.00|| |
|5/25/2016||John R Obrien||Director||Buy||682||$24.10||$16,436.20|| |
|5/20/2016||John R Obrien||Director||Buy||318||$23.50||$7,473.00|| |
|12/15/2015||Lee C. Wortham||Director||Buy||3,589||$24.23||$86,961.47|| |
|12/11/2015||Lee C. Wortham||Director||Buy||1,088||$24.24||$26,373.12|| |
|9/4/2015||Robert G Miller Jr||Insider||Sell||2,975||$23.92||$71,162.00|| |
|11/6/2014||Robert G Miller Jr||Insider||Sell||2,682||$23.22||$62,276.04|| |
|11/19/2013||David J Nasca||CEO||Buy||2,365||$20.86||$49,333.90|| |
|8/23/2013||Robert G Miller Jr||Insider||Sell||2,800||$19.16||$53,648.00|| |
|8/21/2013||Lee C Wortham||Director||Buy||1,000||$18.80||$18,800.00|| |
|8/19/2013||Robert G Miller Jr||Insider||Sell||2,300||$18.75||$43,125.00|| |
Headline Trends for Evans Bancorp (NASDAQ:EVBN)
Latest Headlines for Evans Bancorp (NASDAQ:EVBN)
|Evans Bank executive leaves to lead Southern Tier bank|
www.bizjournals.com - June 9 at 5:31 PM
|Evans Bancorp Inc. (EVBN) Stock Rating Upgraded by ValuEngine|
www.americanbankingnews.com - June 4 at 6:14 PM
|ETFs with exposure to Evans Bancorp, Inc. : June 2, 2017|
finance.yahoo.com - June 2 at 6:23 PM
|Insider Buying: Evans Bancorp Inc. (EVBN) Director Purchases 500 Shares of Stock|
www.americanbankingnews.com - May 17 at 4:52 PM
|ETFs with exposure to Evans Bancorp, Inc. : May 15, 2017|
finance.yahoo.com - May 15 at 4:47 PM
|Insider Selling: Evans Bancorp Inc. (EVBN) Insider Sells 9,218 Shares of Stock|
www.americanbankingnews.com - May 9 at 1:10 PM
|Evans Bancorp Inc. (EVBN) Director Oliver Sommer Purchases 300 Shares of Stock|
www.americanbankingnews.com - May 5 at 9:48 AM
|Evans Bancorp, Inc. :EVBN-US: Earnings Analysis: Q1, 2017 By the Numbers : May 4, 2017|
finance.yahoo.com - May 4 at 12:11 PM
|Evans Bancorp (EVBN) Receives Coverage Optimism Score of -0.09|
www.americanbankingnews.com - May 2 at 8:22 AM
|Huge surge in 1Q net income for Evans Bancorp|
www.bizjournals.com - April 28 at 7:19 AM
|Evans Bancorp Inc. (EVBN) Releases Earnings Results, Beats Expectations By $0.16 EPS|
www.americanbankingnews.com - April 27 at 11:54 PM
|Evans Bancorp (EVBN) Getting Positive Press Coverage, Study Finds|
www.americanbankingnews.com - April 27 at 6:20 PM
|Evans Bancorp Net Income Increases 84% to Record $3.1 Million in the 2017 First Quarter|
www.businesswire.com - April 26 at 10:37 PM
|Evans Bancorp, Inc. Announces First Quarter 2017 Conference Call and Webcast|
finance.yahoo.com - April 12 at 5:07 PM
|Pay package for Evans Bank CEO falls in 2016|
www.bizjournals.com - March 24 at 5:17 PM
Evans Bancorp (EVBN) Chart for Thursday, June, 22, 2017