About Evans Bancorp (NASDAQ:EVBN)
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: Financials
- Industry: Commercial Banks
- Sub-Industry: N/A
- Symbol: NASDAQ:EVBN
- CUSIP: N/A
- Web: www.evansbank.com/
- Market Cap: $209.38 million
- Outstanding Shares: 4,764,000
- 50 Day Moving Avg: $42.01
- 200 Day Moving Avg: $40.29
- 52 Week Range: $25.90 - $47.08
Sales & Book Value:
- Trailing P/E Ratio: 22.20
- Foreward P/E Ratio: 14.90
- P/E Growth: 0.00
- Annual Revenue: $48.22 million
- Price / Sales: 4.34
- Book Value: $24.26 per share
- Price / Book: 1.81
- Net Margins: 19.82%
- Return on Equity: 9.20%
- Return on Assets: 0.90%
- Average Volume: 8,333 shs.
- Short Ratio: 14.07
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 declared a semiannual dividend on Thursday, August 17th. Investors of record on Tuesday, September 12th will be paid a dividend of $0.40 per share on Tuesday, October 3rd. This represents a yield of 1.97%. The ex-dividend date is Monday, September 11th. View Evans Bancorp's Dividend History.
How were Evans Bancorp's earnings last quarter?
Evans Bancorp Inc. (NASDAQ:EVBN) issued its earnings results on Thursday, July, 27th. The company reported $0.54 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.50 by $0.04. The company earned $13.21 million during the quarter. Evans Bancorp had a net margin of 19.82% and a return on equity of 9.20%. View Evans Bancorp's Earnings History.
Where is Evans Bancorp's stock going? Where will Evans Bancorp's stock price be in 2017?
1 equities research analysts have issued 12-month target prices for Evans Bancorp's stock. Their predictions range from $48.00 to $48.00. On average, they expect Evans Bancorp's share price to reach $48.00 in the next year. View Analyst Ratings for Evans Bancorp.
Who are some of Evans Bancorp's key competitors?
Some companies that are related to Evans Bancorp include Southern National Bancorp of Virginia (SONA), Old Second Bancorp (OSBC), Macatawa Bank Corporation (MCBC), Summit Financial Group (SMMF), Western New England Bancorp (WNEB), Guaranty Bancshares (GNTY), MutualFirst Financial (MFSF), Southern First Bancshares (SFST), Charter Financial Corp. (CHFN), Central Valley Community Bancorp (CVCY), Northrim BanCorp (NRIM), Capstar Financial Holdings (CSTR), Civista Bancshares (CIVB), LCNB Corp. (LCNB), Orrstown Financial Services (ORRF), Investar Holding Corporation (ISTR), Community Bankers Trust Corp. (ESXB) and First Business Financial Services (FBIZ).
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 $43.95.
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: ||1 Hold Rating|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$48.00 (9.22% upside)|Consensus Price Target History for Evans Bancorp (NASDAQ:EVBN)
Analysts' Ratings History for Evans Bancorp (NASDAQ:EVBN)
(Data available from 10/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/29/2017||Hovde Group||Downgrade||Outperform -> Market Perform||$45.00 -> $48.00||High|
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|
|7/27/2017||Q2 2017||$0.50||$0.54||$13.21 million||View||N/A|
|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: $2.45 EPS
Next Year EPS Consensus Estimate: $2.95 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)
|ETFs with exposure to Evans Bancorp, Inc. : October 4, 2017|
finance.yahoo.com - October 4 at 5:17 PM
|Evans Bancorp, Inc. :EVBN-US: Earnings Analysis: Q2, 2017 By the Numbers : October 3, 2017|
finance.yahoo.com - October 3 at 7:21 PM
|Evans Bancorp Inc. (EVBN) Cut to "Market Perform" at Hovde Group|
www.americanbankingnews.com - September 29 at 9:06 AM
|Evans Bancorp, Inc. : EVBN-US: Dividend Analysis : September 12th, 2017 (record date) : By the numbers : September 12, 2017|
finance.yahoo.com - September 12 at 7:14 PM
|Evans Bancorp Inc. (EVBN) Declares $0.40 Semiannual Dividend|
www.americanbankingnews.com - August 17 at 6:28 PM
|Evans Bancorp Inc. (EVBN) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS|
www.americanbankingnews.com - July 28 at 7:46 PM
|Edited Transcript of EVBN earnings conference call or presentation 27-Jul-17 8:45pm GMT|
finance.yahoo.com - July 28 at 5:04 AM
|Evans Bancorp Net Income Increases 31% to $2.6 Million in the 2017 Second Quarter|
finance.yahoo.com - July 27 at 6:58 PM
|Evans Bancorp, Inc. Announces Second Quarter 2017 Conference Call and Webcast|
finance.yahoo.com - July 13 at 7:47 PM
|Evans Bank executive leaves to lead Southern Tier bank|
www.bizjournals.com - June 9 at 5:31 PM
|Huge surge in 1Q net income for Evans Bancorp|
www.bizjournals.com - April 28 at 7:19 AM
|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
|Pay package for Evans Bank CEO falls in 2016|
www.bizjournals.com - March 24 at 5:17 PM
Evans Bancorp (EVBN) Chart for Tuesday, October, 17, 2017