NYSEAMERICAN:EVBN

Evans Bancorp Stock Forecast, Price & News

$32.40

+1.10 (+3.51 %)

(As of 02/26/2021 12:00 AM ET)

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Today's Range

$31.33

Now: $32.40▼

$33.25

50-Day Range

$25.51

MA: $27.64▼

$28.88

52-Week Range

$20.50

Now: $32.40▼

$39.79

Volume22,457 shs

Average Volume16,459 shs

Market Capitalization$174.44 million

P/E Ratio17.05

Dividend Yield3.71%

Beta1.16

Evans Bancorp, Inc. operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York. 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; 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, including direct automobile, recreational vehicle, boat, home improvement, and personal loans; other loans consisting of cash reserves, overdrafts, and loan clearing accounts; and installment loans. In addition, the company sells various premium-based insurance policies consisting of 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. It operates through 15 full-service banking offices in Erie County, Niagara County, and Chautauqua County, New York. Evans Bancorp, Inc. was founded in 1920 and is headquartered in Williamsville, New York.

Headlines

Evans Bancorp, Inc. Announces Stock Repurchase Program
February 25, 2021 | finance.yahoo.com

Evans Bancorp, Inc. Increases Semi-Annual Cash Dividend to $0.60 per Share
February 16, 2021 | finance.yahoo.com

New Strong Sell Stocks for February 8th
February 8, 2021 | finance.yahoo.com

Evans Bancorp (EVBN) Q4 Earnings and Revenues Beat Estimates
February 4, 2021 | finance.yahoo.com

Evans Bancorp, Inc. to Host Earnings Call
February 4, 2021 | finance.yahoo.com

Evans Bancorp Reports Net Income of $6.0 Million in Fourth Quarter 2020
February 4, 2021 | finance.yahoo.com

Would Shareholders Who Purchased Evans Bancorp's (NYSEMKT:EVBN) Stock Three Years Be Happy With The Share price Today?
January 30, 2021 | finance.yahoo.com

Evans Bancorp (EVBN) in Focus: Stock Moves 5.8% Higher
November 11, 2020 | finance.yahoo.com

Evans Bancorp, Inc. Just Beat EPS By 28%: Here's What Analysts Think Will Happen Next
November 1, 2020 | nasdaq.com

Evans Bancorp, Inc.'s (EVBN) CEO David Nasca on Q3 2020 Results - Earnings Call Transcript
November 1, 2020 | seekingalpha.com

Evans Bancorp, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
November 1, 2020 | finance.yahoo.com

Evans Bancorp EPS beats by $0.18, beats on revenue
October 29, 2020 | seekingalpha.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry National commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNYSEAMERICAN:EVBN

Previous SymbolNASDAQ:EVBN

CUSIPN/A

CIK842518

Webwww.evansbank.com

Phone(716) 926-2000

Employees315

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.19

Current Ratio0.97

Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio17.05

Forward P/E Ratio12.13

P/E GrowthN/A

Sales & Book Value

Annual Sales$82.09 million

Price / Sales2.13

Cash Flow$4.37 per share

Price / Cash Flow7.42

Book Value$30.15 per share

Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$3.60

Net Income$17.01 million

Net Margins11.80%

Return on Equity10.08%

Return on Assets0.88%

Miscellaneous

Outstanding Shares5,384,000

Market Cap$174.44 million

Next Earnings Date5/5/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

2.09 out of 5 stars

Finance Sector

170th out of 1,937 stocks

National Commercial Banks Industry

28th out of 164 stocks

1.5 Analyst's Opinion

Consensus Rating
Evans Bancorp has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $32.00, Evans Bancorp has a forecasted downside of 1.2% from its current price of $32.40.
Amount of Analyst Coverage
Evans Bancorp has received no research coverage in the past 90 days.

2.5 Community Rank

Outperform Votes
Evans Bancorp has received 151 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Evans Bancorp has received 150 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Evans Bancorp has received 50.17% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Evans Bancorp and other stocks. Vote “Outperform” if you believe EVBN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EVBN will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Evans Bancorp pays a meaningful dividend of 3.71%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Evans Bancorp has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Evans Bancorp is 32.22%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Evans Bancorp will have a dividend payout ratio of 36.36% next year. This indicates that Evans Bancorp will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Evans Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $32,747.00 in company stock.
Percentage Held by Insiders
Only 6.50% of the stock of Evans Bancorp is held by insiders.
Percentage Held by Institutions
54.81% of the stock of Evans Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Evans Bancorp are expected to grow by 19.48% in the coming year, from $2.67 to $3.19 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Evans Bancorp is 17.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Evans Bancorp is 17.05, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.89.
Price to Book Value per Share Ratio
Evans Bancorp has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$32.40

+1.10 (+3.51 %)

(As of 02/26/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Evans Bancorp (NYSEAMERICAN:EVBN) Frequently Asked Questions

Is Evans Bancorp a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Evans Bancorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Evans Bancorp stock.
View analyst ratings for Evans Bancorp or view top-rated stocks.

What stocks does MarketBeat like better than Evans Bancorp?

Wall Street analysts have given Evans Bancorp a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Evans Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Evans Bancorp?

Evans Bancorp saw a decline in short interest in February. As of February 12th, there was short interest totaling 40,100 shares, a decline of 20.4% from the January 28th total of 50,400 shares. Based on an average daily trading volume, of 13,800 shares, the short-interest ratio is currently 2.9 days.
View Evans Bancorp's Short Interest.

When is Evans Bancorp's next earnings date?

Evans Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Evans Bancorp.

How were Evans Bancorp's earnings last quarter?

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) issued its earnings results on Wednesday, February, 3rd. The bank reported $1.00 EPS for the quarter, topping analysts' consensus estimates of $0.78 by $0.22. The bank earned $21.23 million during the quarter, compared to the consensus estimate of $19.36 million. Evans Bancorp had a trailing twelve-month return on equity of 10.08% and a net margin of 11.80%.
View Evans Bancorp's earnings history.

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

Evans Bancorp announced a semi-annual dividend on Thursday, February 18th. Stockholders of record on Tuesday, March 16th will be paid a dividend of $0.60 per share on Tuesday, April 6th. This represents a yield of 4.1%. The ex-dividend date is Monday, March 15th. This is a boost from Evans Bancorp's previous semi-annual dividend of $0.58.
View Evans Bancorp's dividend history.

Is Evans Bancorp a good dividend stock?

Evans Bancorp pays an annual dividend of $1.16 per share and currently has a dividend yield of 3.71%. Evans Bancorp does not yet have a strock track record of dividend growth. The dividend payout ratio of Evans Bancorp is 32.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Evans Bancorp will have a dividend payout ratio of 36.36% next year. This indicates that Evans Bancorp will be able to sustain or increase its dividend.
View Evans Bancorp's dividend history.

What price target have analysts set for EVBN?

1 brokerages have issued 12 month target prices for Evans Bancorp's shares. Their forecasts range from $32.00 to $32.00. On average, they expect Evans Bancorp's share price to reach $32.00 in the next twelve months. This suggests that the stock has a possible downside of 1.2%.
View analysts' price targets for Evans Bancorp or view top-rated stocks among Wall Street analysts.

Who are Evans Bancorp's key executives?

Evans Bancorp's management team includes the following people:

Mr. David John Nasca, CEO, Pres & Director (Age 63, Pay $782.95k)
Mr. John B. Connerton, CFO, Principal Accounting Officer & Treasurer (Age 54, Pay $358.53k)
Mr. Aaron M. Whitehouse, Pres of The Evans Agency, LLC (Age 50, Pay $224.91k)
Ms. Michelle A. Baumgarden, Sec.
Mr. Nicholas J. Snyder, Assistant Sec.

Who are some of Evans Bancorp's key competitors?

Some companies that are related to Evans Bancorp include Amerant Bancorp (AMTB), The First Bancshares (FBMS), Camden National (CAC), Bridge Bancorp (BDGE), Bank First (BFC), Hanmi Financial (HAFC), Arrow Financial (AROW), Alerus Financial (ALRS), The First of Long Island (FLIC), Financial Institutions (FISI), Guaranty Bancshares (GNTY), Thomasville Bancshares (THVB), Southern First Bancshares (SFST), American National Bankshares (AMNB) and SmartFinancial (SMBK).
View all of EVBN's competitors.

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), The Coca-Cola (KO), Pfizer (PFE), The 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 variety of institutional and retail investors. Top institutional shareholders include FJ Capital Management LLC (8.92%), The Manufacturers Life Insurance Company (5.54%), BlackRock Inc. (5.33%), Dimensional Fund Advisors LP (2.71%), Northern Trust Corp (0.94%) and Renaissance Technologies LLC (0.68%). Company insiders that own Evans Bancorp stock include David J Nasca, George Mark G St, Kevin D Maroney, Oliver Sommer, Robert G Miller Jr, Robert G Miller, Jr and Thomas H Waring, Jr.
View institutional ownership trends for Evans Bancorp.

Which institutional investors are selling Evans Bancorp stock?

EVBN stock was sold by a variety of institutional investors in the last quarter, including FJ Capital Management LLC, Wells Fargo & Company MN, Bank of New York Mellon Corp, Northern Trust Corp, Dimensional Fund Advisors LP, The Manufacturers Life Insurance Company , Barclays PLC, and Truist Financial Corp.
View insider buying and selling activity for Evans Bancorp or view top insider-selling stocks.

Which institutional investors are buying Evans Bancorp stock?

EVBN stock was acquired by a variety of institutional investors in the last quarter, including Advisors Capital Management LLC, BlackRock Inc., Renaissance Technologies LLC, Nuveen Asset Management LLC, Rhumbline Advisers, JPMorgan Chase & Co., Parallel Advisors LLC, and International Assets Investment Management LLC. Company insiders that have bought Evans Bancorp stock in the last two years include David J Nasca, George Mark G St, Kevin D Maroney, Oliver Sommer, and Thomas H Waring, Jr.
View insider buying and selling activity for Evans Bancorp or or view top insider-buying stocks.

How do I buy shares of Evans Bancorp?

Shares of EVBN 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 $32.40.

How much money does Evans Bancorp make?

Evans Bancorp has a market capitalization of $174.44 million and generates $82.09 million in revenue each year. The bank earns $17.01 million in net income (profit) each year or $3.60 on an earnings per share basis.

How many employees does Evans Bancorp have?

Evans Bancorp employs 315 workers across the globe.

What is Evans Bancorp's official website?

The official website for Evans Bancorp is www.evansbank.com.

Where are Evans Bancorp's headquarters?

Evans Bancorp is headquartered at 14-16 North Main Street, ANGOLA, NY 14006, United States.

How can I contact Evans Bancorp?

Evans Bancorp's mailing address is 14-16 North Main Street, ANGOLA, NY 14006, United States. The bank can be reached via phone at (716) 926-2000 or via email at [email protected]

This page was last updated on 2/28/2021 by MarketBeat.com Staff

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