Evans Bancorp - EVBN Stock Forecast, Price & News

Evans Bancorp saw a increase in short interest in February. As of February 28th, there was short interest totaling 9,500 shares, an increase of 8.0% from the February 13th total of 8,800 shares. Based on an average daily trading volume, of 15,700 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the company's shares are short sold.
View Evans Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
View our EVBN earnings forecast.

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) posted its quarterly earnings results on Thursday, February, 2nd. The bank reported $1.10 EPS for the quarter, topping the consensus estimate of $0.94 by $0.16. The bank earned $23.68 million during the quarter, compared to analyst estimates of $23.86 million. Evans Bancorp had a net margin of 22.85% and a trailing twelve-month return on equity of 13.37%.

Evans Bancorp announced a semi-annual dividend on Thursday, February 23rd. Shareholders of record on Friday, March 10th will be given a dividend of $0.66 per share on Tuesday, April 4th. This represents a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, March 9th. This is a boost from the stock's previous semi-annual dividend of $0.64.
Read our dividend analysis for EVBN.

Evans Bancorp (NYSEAMERICAN:EVBN) pays an annual dividend of $1.28 per share and currently has a dividend yield of 3.24%. 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 31.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVBN will have a dividend payout ratio of 29.63% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EVBN.

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).

Evans Bancorp trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "EVBN."

Evans Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include FJ Capital Management LLC (7.07%), The Manufacturers Life Insurance Company (5.46%), Dimensional Fund Advisors LP (3.46%), Alliancebernstein L.P. (3.11%), Elizabeth Park Capital Advisors Ltd. (2.16%) and Monarch Partners Asset Management LLC (0.99%). Insiders that own company stock include David J Nasca, Kevin D Maroney, Robert G Miller Jr, Robert G Miller, Jr and Thomas H Waring, Jr.
View institutional ownership trends.

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.
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One share of EVBN stock can currently be purchased for approximately $34.02.

Evans Bancorp (NYSEAMERICAN:EVBN) has a market capitalization of $187.59 million and generates $96.43 million in revenue each year. The bank earns $24.04 million in net income (profit) each year or $4.01 on an earnings per share basis.

The company employs 378 workers across the globe.

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.