Evans Bancorp - EVBN Stock Forecast, Price & News

1 Wall Street 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 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.
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1 brokers have issued 1-year price objectives for Evans Bancorp's shares. Their EVBN share price forecasts range from $39.00 to $39.00. On average, they predict the company's share price to reach $39.00 in the next twelve months. This suggests a possible upside of 3.0% from the stock's current price.
View analysts price targets for EVBN or view top-rated stocks among Wall Street analysts.

Evans Bancorp's stock was trading at $41.9160 at the beginning of the year. Since then, EVBN stock has decreased by 9.7% and is now trading at $37.86.
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Evans Bancorp saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,100 shares, an increase of 5.1% from the July 15th total of 3,900 shares. Based on an average daily volume of 13,900 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company's stock are short sold.
View Evans Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our EVBN earnings forecast.

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN) issued its quarterly earnings data on Wednesday, July, 27th. The bank reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.91 by $0.12. Evans Bancorp had a trailing twelve-month return on equity of 13.83% and a net margin of 24.93%.

Evans Bancorp declared a semi-annual dividend on Thursday, February 17th. Investors of record on Friday, March 11th will be paid a dividend of $0.62 per share on Tuesday, April 5th. This represents a dividend yield of 3%. The ex-dividend date is Thursday, March 10th. This is a boost from the stock's previous semi-annual dividend of $0.60.
Read our dividend analysis for EVBN.

Evans Bancorp (NYSEAMERICAN:EVBN) pays an annual dividend of $1.24 per share and currently has a dividend yield of 3.23%. 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 28.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVBN will have a dividend payout ratio of 31.96% 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 a variety of institutional and retail investors. Top institutional investors include PL Capital Advisors LLC (8.42%), Brinker Capital Investments LLC (2.44%), Millennium Management LLC (0.86%), TownSquare Capital LLC (0.73%), Envestnet Asset Management Inc. (0.66%) and State Street Corp (0.51%). 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 $37.86.

Evans Bancorp (NYSEAMERICAN:EVBN) has a market capitalization of $208.57 million and generates $96.43 million in revenue each year. The bank earns $11.25 million in net income (profit) each year or $4.37 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.