NYSEAMERICAN:EVBN Evans Bancorp (EVBN) Stock Forecast, Price & News $23.73 +0.13 (+0.55%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$23.52▼$23.8250-Day Range$23.52▼$39.7352-Week Range$23.20▼$40.57Volume13,111 shsAverage Volume15,124 shsMarket Capitalization$129.57 millionP/E Ratio5.58Dividend Yield5.56%Price Target$34.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Evans Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside46.4% Upside$34.75 Price TargetShort InterestHealthy0.22% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-1.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-4.39%From $3.19 to $3.05 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.2.46 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 $34.75, Evans Bancorp has a forecasted upside of 46.4% from its current price of $23.73.Amount of Analyst CoverageEvans Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.22% 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 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Evans Bancorp has recently increased by 7.69%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipEvans Bancorp is a leading dividend payer. It pays a dividend yield of 5.64%, 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 31.06%. 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 43.28% 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 0.6 News and Social Media Coverage News SentimentEvans Bancorp has a news sentiment score of -1.00. 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 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Evans Bancorp this week, compared to 1 article on an average week. Previous Next 0.8 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 Institutions55.31% 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 -4.39% in the coming year, from $3.19 to $3.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Evans Bancorp is 5.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Evans Bancorp is 5.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 156.04.Price to Book Value per Share RatioEvans Bancorp has a P/B Ratio of 0.82. 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. is a bank holding company, which engages in the provision of financial solutions. It operates through the Banking Activities and Insurance Agency Activities segments. The Banking Activities segment offers consumer and commercial banking services such as lending, deposits, annuities, and mutual funds. The Insurance Agency Activities segment includes insurance policies on a commission basis, surety bonds, risk management, and disability reinsurance products. The company was founded on October 28, 1988 and is headquartered in Williamsville, NY.Read More 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 Stock News HeadlinesMay 31, 2023 | americanbankingnews.comEvans Bancorp, Inc. (NYSEAMERICAN:EVBN) Sees Significant Growth in Short InterestMay 21, 2023 | americanbankingnews.comEvans Bancorp (NYSE:EVBN) Receives New Coverage from Analysts at StockNews.comMay 31, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 20, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Evans Bancorp (NYSEAMERICAN:EVBN)May 17, 2023 | benzinga.comEvans Bancorp Stock (AMEX:EVBN), Insider Trading ActivityMay 15, 2023 | americanbankingnews.comEvans Bancorp, Inc. (NYSEAMERICAN:EVBN) Short Interest UpdateMay 3, 2023 | finance.yahoo.comEvans Bancorp Announces Dawn DePerrior and Robert A. James Elected to Board of Directors at Annual Shareholders’ MeetingMay 2, 2023 | americanbankingnews.comEvans Bancorp (NYSEAMERICAN:EVBN) PT Lowered to $34.00 at Piper SandlerMay 31, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.April 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 WebcastApril 9, 2023 | americanbankingnews.comEvans Bancorp (NYSEAMERICAN:EVBN) PT Lowered to $35.50 at Keefe, Bruyette & WoodsApril 7, 2023 | msn.comKeefe, Bruyette & Woods Maintains Evans Bancorp (EVBN) Market Perform RecommendationMarch 26, 2023 | news.yahoo.comEvans announces bid for the Republican nomination for Schuylkill County CommissionerMarch 23, 2023 | finance.yahoo.comEvans Bancorp (EVBN) is a Top Dividend Stock Right Now: Should You Buy?February 22, 2023 | finance.yahoo.comEvans Bancorp, Inc. Increases Semi-Annual Cash Dividend to $0.66 per ShareFebruary 13, 2023 | finance.yahoo.comEvans Bank CEO: Strong business relationships will guide bank's recession approachFebruary 3, 2023 | yahoo.comEvans Bancorp, Inc. (AMEX:EVBN) Q4 2022 Earnings Call TranscriptFebruary 2, 2023 | finance.yahoo.comEvans Bancorp (EVBN) Tops Q4 Earnings EstimatesFebruary 2, 2023 | finance.yahoo.comEvans Bancorp Reports Net Income of $22.4 Million in 2022January 19, 2023 | finance.yahoo.comEvans Bancorp Announces Fourth Quarter and Full Year 2022 Conference Call and WebcastDecember 20, 2022 | benzinga.comEvans Expected to Increase Momentum With Expanded Credit Facility from PNC BankDecember 9, 2022 | news.yahoo.comVikings put Akayleb Evans on IR after latest concussionSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Ex-Dividend for 4/4 Dividend3/09/2023Dividend Payable4/04/2023Last Earnings4/27/2023Today5/31/2023Next Earnings (Estimated)7/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry National commercial banks Sub-IndustryN/A SectorFinance Current SymbolNYSEAMERICAN:EVBN Previous SymbolNASDAQ:EVBN CUSIPN/A CIK842518 Webwww.evansbank.com Phone(716) 926-2000Fax716-926-2005Employees378Year FoundedN/APrice Target and Rating Average Stock Price Forecast$34.75 High Stock Price Forecast$35.50 Low Stock Price Forecast$34.00 Forecasted Upside/Downside+47.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$4.25 Trailing P/E Ratio5.55 Forward P/E Ratio7.40 P/E GrowthN/ANet Income$22.39 million Net Margins22.48% Pretax Margin29.62% Return on Equity15.01% Return on Assets1.08% Debt Debt-to-Equity Ratio0.70 Current Ratio0.89 Quick Ratio0.89 Sales & Book Value Annual Sales$98.75 million Price / Sales1.30 Cash Flow$4.39 per share Price / Cash Flow5.37 Book Value$28.97 per share Price / Book0.81Miscellaneous Outstanding Shares5,460,000Free Float5,114,000Market Cap$128.86 million OptionableNot Optionable Beta0.88 Key ExecutivesDavid John NascaPresident, Chief Executive Officer & DirectorJohn B. ConnertonChief Financial Officer & TreasurerKenneth D. PawlakChief Commercial Banking Officer & EVPNicholas John SnyderAssistant SecretaryDale McKimChief Risk OfficerKey CompetitorsHawthorn BancsharesNASDAQ:HWBKLandmark BancorpNASDAQ:LARKFNCB BancorpNASDAQ:FNCBUnited Security BancsharesNASDAQ:UBFOVirginia National BanksharesOTCMKTS:VABKView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 6,095 shares on 5/18/2023Ownership: 0.112%State Street CorpBought 3,873 shares on 5/16/2023Ownership: 0.561%Susquehanna International Group LLPBought 7,782 shares on 5/16/2023Ownership: 0.561%Jane Street Group LLCBought 18,000 shares on 5/16/2023Ownership: 0.330%HBK Sorce Advisory LLCSold 15,167 shares on 5/16/2023Ownership: 0.278%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 year. 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 analysts have issued twelve-month price targets for Evans Bancorp's stock. Their EVBN share price forecasts range from $34.00 to $35.50. On average, they expect the company's stock price to reach $34.75 in the next year. This suggests a possible upside of 47.2% 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 on January 1st, 2023. Since then, EVBN shares have decreased by 36.9% and is now trading at $23.60. View the best growth stocks for 2023 here. Are investors shorting Evans Bancorp? Evans Bancorp saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 11,200 shares, an increase of 7.7% from the April 30th total of 10,400 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the stock are short sold. 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, July 25th 2023. View our EVBN earnings forecast. How were Evans Bancorp's earnings last quarter? Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) posted its quarterly earnings results on Thursday, April, 27th. The bank reported $1.06 EPS for the quarter, beating the consensus estimate of $0.88 by $0.18. The bank had revenue of $21.44 million for the quarter, compared to the consensus estimate of $23.01 million. Evans Bancorp had a net margin of 22.48% and a trailing twelve-month return on equity of 15.01%. How often does Evans Bancorp pay dividends? What is the dividend yield for Evans Bancorp? Evans Bancorp declared a semi-annual dividend on Thursday, February 23rd. Stockholders 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 an increase from the stock's previous semi-annual dividend of $0.64. 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 5.64%. 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 31.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVBN will have a dividend payout ratio of 43.28% 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 variety of institutional and retail investors. Top institutional investors include PL Capital Advisors LLC (9.79%), Fourthstone LLC (5.00%), Dimensional Fund Advisors LP (3.53%), BlackRock Inc. (1.21%), Boothbay Fund Management LLC (0.56%) and State Street Corp (0.56%). 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 $23.60. How much money does Evans Bancorp make? Evans Bancorp (NYSEAMERICAN:EVBN) has a market capitalization of $128.86 million and generates $98.75 million in revenue each year. The bank earns $22.39 million in net income (profit) each year or $4.25 on an earnings per share basis. How many employees does Evans Bancorp have? The company employs 378 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 5/31/2023 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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