NYSEAMERICAN:EVBN

Evans Bancorp Stock Forecast, Price & News

$30.06

+0.05 (+0.17 %)

(As of 01/21/2021 01:08 PM ET)

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Today's Range

$29.88

Now: $30.06▼

$31.00

50-Day Range

$25.51

MA: $27.64▼

$28.88

52-Week Range

$20.50

Now: $30.06▼

$41.29

Volume650 shs

Average Volume14,274 shs

Market Capitalization$161.84 million

P/E Ratio15.82

Dividend Yield3.81%

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 Hamburg, New York.

Overall MarketRank^™

2.42 out of 5 stars

Finance Sector

46th out of 1,942 stocks

National Commercial Banks Industry

10th out of 164 stocks

2.5 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 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $37.50, Evans Bancorp has a forecasted upside of 25.0% from its current price of $30.00.
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 149 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Evans Bancorp has received 50.33% “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 3.81%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Evans Bancorp does not have a long track record of dividend growth.
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.

3.8 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 15.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of Evans Bancorp is 15.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 22.02.
Price to Book Value per Share Ratio
Evans Bancorp has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

Debt

Debt-to-Equity Ratio0.19

Current Ratio0.97

Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio15.82

Forward P/E Ratio11.26

P/E GrowthN/A

Sales & Book Value

Annual Sales$82.09 million

Price / Sales1.97

Cash Flow$4.05 per share

Price / Cash Flow7.42

Book Value$30.15 per share

Price / Book1.00

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$161.84 million

Next Earnings Date2/4/2021 (Estimated)

OptionableNot Optionable

$30.06

+0.05 (+0.17 %)

(As of 01/21/2021 01:08 PM 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?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Evans Bancorp in the last twelve months. There are currently 2 buy ratings 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 MarketBeat's top 5 stock picks.

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.

When is Evans Bancorp's next earnings date?

Evans Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, February 4th 2021.
View our earnings forecast for Evans Bancorp.

How were Evans Bancorp's earnings last quarter?

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) announced its earnings results on Thursday, October, 29th. The bank reported $1.19 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.17. The bank earned $21.50 million during the quarter, compared to the consensus estimate of $21.21 million. Evans Bancorp had a 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, August 20th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.58 per share on Tuesday, October 6th. This represents a yield of 5%. The ex-dividend date of this dividend is Monday, September 14th.
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 3.81%. 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?

2 equities research analysts have issued 1 year target prices for Evans Bancorp's shares. Their forecasts range from $32.00 to $43.00. On average, they expect Evans Bancorp's stock price to reach $37.50 in the next twelve months. This suggests a possible upside of 24.8% from the stock's current price.
View analysts' price targets for Evans Bancorp or view Wall Street analyst' top-rated stocks.

Who are some of Evans Bancorp's key competitors?

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

Who are Evans Bancorp's key executives?

Evans Bancorp's management team includes the following people:

Mr. David John Nasca, CEO, Pres & Director (Age 62, Pay $782.95k)
Mr. John B. Connerton, CFO, Principal Accounting Officer & Treasurer (Age 53, Pay $358.53k)
Mr. Aaron M. Whitehouse, Pres of The Evans Agency, LLC (Age 49, Pay $224.91k)
Ms. Michelle A. Baumgarden, Sec.
Mr. Nicholas J. Snyder, Assistant Sec.

What is Evans Bancorp's stock symbol?

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

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.

What is Evans Bancorp's stock price today?

One share of EVBN stock can currently be purchased for approximately $30.06.

How big of a company is Evans Bancorp?

Evans Bancorp has a market capitalization of $161.84 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. 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.

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 1/21/2021 by MarketBeat.com Staff

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