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NYSEAMERICAN:EVBN

Evans Bancorp (EVBN) Stock Price, News & Analysis

$28.16
-0.15 (-0.53%)
(As of 02:41 PM ET)
Today's Range
$27.89
$28.35
50-Day Range
N/A
52-Week Range
$23.20
$33.58
Volume
6,297 shs
Average Volume
19,163 shs
Market Capitalization
$155.44 million
P/E Ratio
7.35
Dividend Yield
4.69%
Price Target
$26.75

Evans Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.5% Downside
$26.75 Price Target
Short Interest
Bearish
2.93% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$123,756 Sold Last Quarter
Proj. Earnings Growth
12.95%
From $1.93 to $2.18 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.57 out of 5 stars

EVBN stock logo

About Evans Bancorp Stock (NYSEAMERICAN:EVBN)

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.

EVBN Stock Price History

EVBN Stock News Headlines

Q1 2024 Evans Bancorp Inc Earnings Call
Evans Bancorp: Q1 Earnings Snapshot
Daniel Evans: Barcelona Open Banc Sabadell Betting Odds and Preview
Evans Bancorp CEO David Nasca buys and sells shares
Evans Bancorp Inc (EVBN)
Evans Bancorp Inc
Evans Bancorp declares $0.66 dividend
Evans Bancorp, Inc. Announces Semi-Annual Cash Dividend
Piper downgrades Evans Bancorp on below-peer profitability
Q4 2023 Evans Bancorp Inc Earnings Call
See More Headlines
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Company Calendar

Ex-Dividend for 4/9 Dividend
3/11/2024
Dividend Payable
4/09/2024
Last Earnings
4/30/2024
Today
5/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:EVBN
Previous Symbol
NASDAQ:EVBN
Employees
300
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.75
High Stock Price Target
$27.00
Low Stock Price Target
$26.50
Potential Upside/Downside
-5.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$24.52 million
Pretax Margin
23.18%

Debt

Sales & Book Value

Annual Sales
$129.77 million
Cash Flow
$4.77 per share
Book Value
$32.52 per share

Miscellaneous

Free Float
5,184,000
Market Cap
$156.27 million
Optionable
Not Optionable
Beta
0.91
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EVBN Stock Analysis - Frequently Asked Questions

Should I buy or sell Evans Bancorp stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Evans Bancorp in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EVBN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EVBN, but not buy additional shares or sell existing shares.
View EVBN analyst ratings
or view top-rated stocks.

What is Evans Bancorp's stock price target for 2024?

2 brokerages have issued 12-month target prices for Evans Bancorp's shares. Their EVBN share price targets range from $26.50 to $27.00. On average, they anticipate the company's share price to reach $26.75 in the next twelve months. This suggests that the stock has a possible downside of 4.5%.
View analysts price targets for EVBN
or view top-rated stocks among Wall Street analysts.

How have EVBN shares performed in 2024?

Evans Bancorp's stock was trading at $29.86 at the beginning of 2024. Since then, EVBN stock has decreased by 6.2% and is now trading at $28.00.
View the best growth stocks for 2024 here
.

Are investors shorting Evans Bancorp?

Evans Bancorp saw a increase in short interest in April. As of April 30th, there was short interest totaling 153,400 shares, an increase of 130.0% from the April 15th total of 66,700 shares. Based on an average daily volume of 20,100 shares, the short-interest ratio is currently 7.6 days. Approximately 2.9% of the shares of the stock are sold short.
View Evans Bancorp's Short Interest
.

How were Evans Bancorp's earnings last quarter?

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) issued its earnings results on Tuesday, April, 30th. The bank reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by $0.04. The bank earned $16.17 million during the quarter, compared to the consensus estimate of $16.20 million. Evans Bancorp had a trailing twelve-month return on equity of 12.70% and a net margin of 16.21%.

How often does Evans Bancorp pay dividends? What is the dividend yield for Evans Bancorp?

Evans Bancorp declared a semi-annual dividend on Tuesday, February 20th. Shareholders of record on Tuesday, March 12th will be given a dividend of $0.66 per share on Tuesday, April 9th. This represents a yield of 4.5%. The ex-dividend date is Monday, March 11th.
Read our dividend analysis for EVBN
.

Is Evans Bancorp a good dividend stock?

Evans Bancorp (NYSEAMERICAN:EVBN) pays an annual dividend of $1.32 per share and currently has a dividend yield of 4.67%. EVBN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 34.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVBN will have a dividend payout ratio of 60.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EVBN.

What other stocks do shareholders of Evans Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Evans Bancorp investors own include Verizon Communications (VZ), AbbVie (ABBV), Cisco Systems (CSCO), International Business Machines (IBM), AT&T (T), Johnson & Johnson (JNJ), Coca-Cola (KO), Pfizer (PFE), Home Depot (HD) and Intel (INTC).

Who are Evans Bancorp's major shareholders?

Evans Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include PL Capital Advisors LLC (9.77%), Vanguard Group Inc. (5.10%), Acadian Asset Management LLC (0.27%) and BNP Paribas Financial Markets (0.05%). Insiders that own company stock include David J Nasca, Jody L Lomeo, John B Connerton, Kevin D Maroney, Lee C Wortham, Robert G Miller Jr and Robert G Miller, Jr.
View institutional ownership trends
.

How do I buy shares of Evans Bancorp?

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.

This page (NYSEAMERICAN:EVBN) was last updated on 5/21/2024 by MarketBeat.com Staff

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