About Evans Bancorp (NYSEAMERICAN: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:
- Industry: Commercial Banks
- Sub-Industry: N/A
- Sector: N/A
- Symbol: NYSEAMERICAN:EVBN
- Previous Symbol: NASDAQ:EVBN
- CUSIP: N/A
- Web: www.evansbank.com
- Annual Dividend: $0.80
- Dividend Yield: 1.9%
- Trailing EPS: $2.49
- Net Margins: 25.75%
- Return on Equity: 12.81%
- Return on Assets: 1.24%
- Outstanding Shares: 4,780,000
Frequently Asked Questions for Evans Bancorp (NYSEAMERICAN:EVBN)
What is Evans Bancorp's stock symbol?
Evans Bancorp trades on the New York Stock Exchange (NYSE)AMERICAN 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. Shareholders 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 will Evans Bancorp's stock buyback program work?
Evans Bancorp declared that its Board of Directors has authorized a stock buyback program on Wednesday, November 15th 2017, which permits the company to buyback 100,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.
How were Evans Bancorp's earnings last quarter?
Evans Bancorp Inc. (NYSEAMERICAN:EVBN) released its earnings results on Monday, October, 30th. The bank reported $0.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.66 by $0.11. The bank earned $14.46 million during the quarter. Evans Bancorp had a return on equity of 12.81% and a net margin of 25.75%. View Evans Bancorp's Earnings History.
Where is Evans Bancorp's stock going? Where will Evans Bancorp's stock price be in 2017?
1 brokerages have issued 12-month price objectives for Evans Bancorp's stock. Their predictions range from $48.00 to $48.00. On average, they anticipate Evans Bancorp's stock 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), Merchants Bancshares,Inc. (MBVT), Macatawa Bank Corporation (MCBC), Guaranty Bancshares (GNTY), Summit Financial Group (SMMF), Western New England Bancorp (WNEB), 1st United Bancorp Inc (Florida) (FUBC), Middleburg Financial Corp. (MBRG), Southern First Bancshares (SFST), MutualFirst Financial (MFSF), Heritage Financial Group (HBOS), Central Valley Community Bancorp (CVCY), Charter Financial Corp. (CHFN), Northrim BanCorp (NRIM), Capstar Financial Holdings (CSTR), Civista Bancshares (CIVB) and BCB Bancorp, Inc. (NJ) (BCBP).
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 (Age 65)
- David J. Nasca, President, Chief Executive Officer, Director (Age 58)
- Lee C. Wortham, Independent Vice Chairman of the Board (Age 57)
- John B. Connerton, Chief Financial Officer, Senior Vice President (Age 48)
- Nicholas J. Snyder, Senior Vice President - Finance, Controller, Treasurer (Age 35)
- Robert G. Miller Jr., Secretary, Director; President of The Evans Agency, LLC, Executive Vice President of Evans Bank, N.A. (Age 59)
- Michael A. Battle, Director
- David R. Pfalzgraf Jr., Director (Age 45)
- James E. Biddle Jr., Independent Director (Age 53)
- Michael John Rogers, Independent Director (Age 56)
Who owns Evans Bancorp stock?
Evans Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Maltese Capital Management LLC (4.96%), JCSD Capital LLC (2.78%), Janus Henderson Group PLC (2.48%), Castine Capital Management LLC (2.23%), Dimensional Fund Advisors LP (1.53%) and Allianz Asset Management GmbH (0.36%). Company insiders that own Evans Bancorp stock include Jody L Lomeo, John R Obrien, Lee C Wortham, Oliver Sommer, Robert G Miller Jr and Robert G Miller, Jr. View Institutional Ownership Trends for Evans Bancorp.
Who sold Evans Bancorp stock? Who is selling Evans Bancorp stock?
Evans Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Castine Capital Management LLC and JCSD Capital LLC. Company insiders that have sold Evans Bancorp company stock in the last year include Robert G Miller Jr and Robert G Miller, Jr. View Insider Buying and Selling for Evans Bancorp.
Who bought Evans Bancorp stock? Who is buying Evans Bancorp stock?
Evans Bancorp's stock was purchased by a variety of institutional investors in the last quarter, including Allianz Asset Management GmbH, Weatherly Asset Management L. P., Rhumbline Advisers, Maltese Capital Management LLC, Wells Fargo & Company MN, FNY Managed Accounts LLC and Dimensional Fund Advisors LP. Company insiders that have bought Evans Bancorp stock in the last two years include Jody L Lomeo, John R Obrien, Lee C Wortham and Oliver Sommer. View Insider Buying and Selling for Evans Bancorp.
How do I buy Evans Bancorp stock?
Shares of Evans Bancorp can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Evans Bancorp's stock price today?
One share of Evans Bancorp stock can currently be purchased for approximately $42.25.
How big of a company is Evans Bancorp?
Evans Bancorp has a market capitalization of $200.74 million.
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 +1-716-9262032.
MarketBeat Community Rating for Evans Bancorp (NYSEAMERICAN 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.
Analysts' Consensus Rating for Evans Bancorp (NYSEAMERICAN:EVBN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 1 Hold Rating, 0 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.00)|
|Consensus Price Target: ||$48.00|
Consensus Price Target History for Evans Bancorp (NYSEAMERICAN:EVBN)
Analysts' Ratings History for Evans Bancorp (NYSEAMERICAN:EVBN)
(Data available from 11/20/2015 forward)
|9/29/2017||Hovde Group||Downgrade||Outperform -> Market Perform||$45.00 -> $48.00|
Earnings History and Estimates Chart for Evans Bancorp (NYSEAMERICAN:EVBN)
Earnings History by Quarter for Evans Bancorp (NYSEAMERICAN EVBN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/30/2017||Q3 2017||$0.66||$0.76||$14.46 million||View||N/A|
|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 (NYSEAMERICAN:EVBN)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Evans Bancorp (NYSEAMERICAN:EVBN)
|Most Recent Dividend:||10/3/2017|
|Payout Ratio:||32.13% (Trailing 12 Months of Earnings) |
Dividend History by Quarter for Evans Bancorp (NYSEAMERICAN 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 (NYSEAMERICAN EVBN)
Insider Trades by Quarter for Evans Bancorp (NYSEAMERICAN EVBN)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/15/2017||Robert G Miller Jr||Insider||Sell||456||$42.75||$19,494.00|| |
|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|| |
Latest Headlines for Evans Bancorp (NYSEAMERICAN EVBN)
Evans Bancorp (NYSEAMERICAN EVBN) Chart for Monday, November, 20, 2017