NYSEAMERICAN:EVBN Evans Bancorp (EVBN) Stock Forecast, Price & News $27.33 +0.47 (+1.75%) (As of 12:49 PM ET) Add Compare Share Share Today's Range$27.11▼$27.4050-Day Range$23.52▼$39.7352-Week Range$23.20▼$40.57Volume857 shsAverage Volume17,786 shsMarket Capitalization$149.77 millionP/E Ratio6.63Dividend Yield4.83%Price Target$34.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Evans Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside25.0% Upside$34.25 Price TargetShort InterestHealthy1.38% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-1.65Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-2.16%From $3.24 to $3.17 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.80 out of 5 stars 3.0 Analyst's Opinion Consensus RatingEvans Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $34.25, Evans Bancorp has a forecasted upside of 25.0% from its current price of $27.40.Amount of Analyst CoverageEvans Bancorp has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.38% of the float of Evans Bancorp has been sold short.Short Interest Ratio / Days to CoverEvans Bancorp has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Evans Bancorp has recently decreased by 20.18%, indicating that investor sentiment is improving significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipEvans Bancorp is a leading dividend payer. It pays a dividend yield of 4.78%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEvans Bancorp has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Evans Bancorp is 32.04%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Evans Bancorp will have a dividend payout ratio of 41.64% next year. This indicates that Evans Bancorp will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EVBN. Previous Next 0.7 News and Social Media Coverage News SentimentEvans Bancorp has a news sentiment score of -1.65. 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 1.02 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Evans Bancorp this week, compared to 1 article on an average week.MarketBeat Follows2 people have added Evans Bancorp to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Evans Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.38% of the stock of Evans Bancorp is held by insiders.Percentage Held by Institutions62.67% of the stock of Evans Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Evans Bancorp are expected to decrease by -2.16% in the coming year, from $3.24 to $3.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Evans Bancorp is 6.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.52.Price to Earnings Ratio vs. SectorThe P/E ratio of Evans Bancorp is 6.65, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 249.92.Price to Book Value per Share RatioEvans Bancorp has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Evans Bancorp (NYSEAMERICAN:EVBN) StockEvans 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. It operates in two segments: Banking Activities and Insurance Agency Activities. 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 sells various premium-based insurance policies, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability, and long-term care coverage, as well as provides claims adjusting services to various insurance companies; and non-deposit investment products, such as annuities and mutual funds. Evans Bancorp, Inc. was founded in 1920 and is headquartered in Williamsville, New York.Read More EVBN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EVBN Stock News HeadlinesSeptember 20, 2023 | yahoo.comOhio AG drops contempt charges against Doug Evans, businesses over waste cleanupSeptember 18, 2023 | finance.yahoo.comEVBN - Evans Bancorp, Inc.September 27, 2023 | Micro-Cap Stock Trader (Ad)Windfall profits possible with this under-the-radar lithium stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 18, 2023 | msn.comCalvin Evans of Tualatin voted the WaFd Bank Oregon Boys Athlete of the WeekSeptember 18, 2023 | finance.yahoo.comEvans Bancorp Inc (EVBN): A Comprehensive Analysis of Dividend Performance and SustainabilitySeptember 17, 2023 | bbc.co.ukWorld Rally Championship: 'We still have a massive gap to close' - Elfyn EvansSeptember 13, 2023 | yahoo.comChris Evans Marries Alba Baptista In Intimate Cape Cod WeddingSeptember 7, 2023 | cbsnews.comAddison, Evans, Oliver among Vikings worth keeping an eye on versus BuccaneersSeptember 27, 2023 | Micro-Cap Stock Trader (Ad)Windfall profits possible with this under-the-radar lithium stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsJuly 31, 2023 | msn.comNew businesses booming in Evans Towne Center, updates on proposed hotelJuly 29, 2023 | markets.businessinsider.comPiper Sandler Reaffirms Their Buy Rating on Evans Bancorp (EVBN)July 28, 2023 | hk.finance.yahoo.comQ2 2023 Evans Bancorp Inc Earnings CallJuly 28, 2023 | finance.yahoo.comEvans Bancorp Reports Net Income of $4.9 Million in Second Quarter 2023July 13, 2023 | finance.yahoo.comEvans Bancorp Announces Second Quarter 2023 Conference Call and WebcastJuly 7, 2023 | msn.comHabitat for Humanity receives Burley’s D.L Evans Bank grant to help house more peopleJuly 6, 2023 | msn.comEvans Bancorp (EVBN) Price Target Decreased by 7.18% to 30.77July 5, 2023 | msn.comEvans City-Seven Fields Regional PD isn’t operating in community’s best interest, new report saysJune 22, 2023 | seekingalpha.comEvans Bancorp to join Russell 3000 indexJune 22, 2023 | finance.yahoo.comEvans Bancorp, Inc. Set to Join Russell 3000® IndexMay 17, 2023 | benzinga.comEvans Bancorp Stock (AMEX:EVBN), Insider Trading ActivityMay 3, 2023 | finance.yahoo.comEvans Bancorp Announces Dawn DePerrior and Robert A. James Elected to Board of Directors at Annual Shareholders’ MeetingApril 28, 2023 | markets.businessinsider.comPiper Sandler Keeps Their Buy Rating on Evans Bancorp (EVBN)April 27, 2023 | msn.comEvans Bancorp (EVBN) Q1 Earnings Beat EstimatesApril 27, 2023 | finance.yahoo.comEvans Bancorp Reports Net Income Growth of 22% to $5.8 Million in First Quarter 2023April 26, 2023 | seekingalpha.comEVBN Evans Bancorp, Inc.April 21, 2023 | bizjournals.comSarah Vail of Evans BankApril 14, 2023 | finance.yahoo.comEvans Bancorp Announces First Quarter 2023 Conference Call and WebcastSee More Headlines Receive EVBN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Evans Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address EVBN Company Calendar Last Earnings7/27/2023Ex-Dividend for 10/18 Dividend9/18/2023Today9/27/2023Dividend Payable10/18/2023Next Earnings (Estimated)10/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Banks—Regional Sub-IndustryN/A SectorFinancial Services Current SymbolNYSEAMERICAN:EVBN Previous SymbolNASDAQ:EVBN CUSIPN/A CIK842518 Webwww.evansbank.com Phone(716) 926-2000Fax716-926-2005Employees379Year FoundedN/APrice Target and Rating Average Stock Price Forecast$34.25 High Stock Price Forecast$35.50 Low Stock Price Forecast$33.00 Forecasted Upside/Downside+25.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$4.12 Trailing P/E Ratio6.63 Forward P/E Ratio8.44 P/E GrowthN/ANet Income$22.39 million Net Margins20.72% Pretax Margin27.09% Return on Equity14.57% Return on Assets1.05% Debt Debt-to-Equity Ratio1.08 Current Ratio0.93 Quick Ratio0.93 Sales & Book Value Annual Sales$98.75 million Price / Sales1.52 Cash Flow$4.32 per share Price / Cash Flow6.33 Book Value$27.93 per share Price / Book0.98Miscellaneous Outstanding Shares5,480,000Free Float5,128,000Market Cap$149.77 million OptionableNot Optionable Beta0.91 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. David John Nasca (Age 65)CEO, Pres & Director Comp: $827.52kMr. John B. Connerton (Age 56)Treasurer Comp: $388.71kMr. Aaron M. Whitehouse (Age 52)Pres of The Evans Agency, LLC Comp: $294.14kMs. Michelle A. BaumgardenSec.Mr. Nicholas J. SnyderAssistant Sec.Key CompetitorsNational BanksharesNASDAQ:NKSHAmes NationalNASDAQ:ATLOLyons BancorpOTCMKTS:LYBCLCNBNASDAQ:LCNBUnited Security BancsharesNASDAQ:UBFOView All CompetitorsInsiders & InstitutionsBarclays PLCSold 951 shares on 9/21/2023Ownership: 0.268%California State Teachers Retirement SystemBought 1,743 shares on 8/21/2023Ownership: 0.032%Goldman Sachs Group Inc.Sold 5,014 shares on 8/15/2023Ownership: 0.237%Royal Bank of CanadaBought 460 shares on 8/15/2023Ownership: 0.094%Wells Fargo & Company MNBought 4,360 shares on 8/15/2023Ownership: 0.080%View All Insider TransactionsView All Institutional Transactions EVBN Stock - Frequently Asked Questions Should I buy or sell Evans Bancorp stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Evans Bancorp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities 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 forecast for 2023? 1 brokers have issued twelve-month price targets for Evans Bancorp's shares. Their EVBN share price forecasts range from $33.00 to $35.50. On average, they anticipate the company's share price to reach $34.25 in the next year. This suggests a possible upside of 25.3% from the stock's current price. View analysts price targets for EVBN or view top-rated stocks among Wall Street analysts. How have EVBN shares performed in 2023? Evans Bancorp's stock was trading at $37.39 at the beginning of 2023. Since then, EVBN stock has decreased by 26.9% and is now trading at $27.33. View the best growth stocks for 2023 here. Are investors shorting Evans Bancorp? Evans Bancorp saw a drop in short interest in September. As of September 15th, there was short interest totaling 71,600 shares, a drop of 20.2% from the August 31st total of 89,700 shares. Based on an average trading volume of 22,300 shares, the days-to-cover ratio is presently 3.2 days. Currently, 1.4% of the shares of the stock are sold short. View Evans Bancorp's Short Interest. When is Evans Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023. View our EVBN earnings forecast. How were Evans Bancorp's earnings last quarter? Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) issued its quarterly earnings results on Thursday, July, 27th. The bank reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.24. The bank earned $20.38 million during the quarter, compared to analysts' expectations of $20.31 million. Evans Bancorp had a trailing twelve-month return on equity of 14.57% and a net margin of 20.72%. How often does Evans Bancorp pay dividends? What is the dividend yield for Evans Bancorp? Evans Bancorp announced a semi-annual dividend on Wednesday, August 23rd. Shareholders of record on Tuesday, September 19th will be given a dividend of $0.66 per share on Wednesday, October 18th. This represents a yield of 4.6%. The ex-dividend date of this dividend is Monday, September 18th. 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 4.78%. 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 32.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVBN will have a dividend payout ratio of 41.64% 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). What is Evans Bancorp's stock symbol? Evans Bancorp trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "EVBN." Who are Evans Bancorp's major shareholders? Evans Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include PL Capital Advisors LLC (9.54%), BlackRock Inc. (5.85%), The Manufacturers Life Insurance Company (5.40%), Alliancebernstein L.P. (4.13%), Dimensional Fund Advisors LP (3.28%) and Fourthstone LLC (2.97%). Insiders that own company stock include David J Nasca, Kevin D Maroney, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Evans Bancorp's stock price today? One share of EVBN stock can currently be purchased for approximately $27.33. How much money does Evans Bancorp make? Evans Bancorp (NYSEAMERICAN:EVBN) has a market capitalization of $149.77 million and generates $98.75 million in revenue each year. The bank earns $22.39 million in net income (profit) each year or $4.12 on an earnings per share basis. How many employees does Evans Bancorp have? The company employs 379 workers across the globe. How can I contact Evans Bancorp? Evans Bancorp's mailing address is 14-16 North Main Street, ANGOLA, NY 14006, United States. The official website for the company is www.evansbank.com. The bank can be reached via phone at (716) 926-2000, via email at shareholderinfo@evansbank.com, or via fax at 716-926-2005. This page (NYSEAMERICAN:EVBN) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Evans Bancorp, Inc. 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