Evans Bancorp (EVBN) to Release Earnings on Thursday

Evans Bancorp (NYSEAMERICAN:EVBN) is anticipated to release its earnings data before the market opens on Thursday, January 30th. Analysts expect Evans Bancorp to post earnings of $0.48 per share and revenue of $17,320.00 billion for the quarter.

Evans Bancorp (NYSEAMERICAN:EVBN) last released its quarterly earnings data on Thursday, October 31st. The bank reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.13. Evans Bancorp had a return on equity of 10.27% and a net margin of 13.80%. The business had revenue of $31.69 million for the quarter.

Evans Bancorp Stock Performance

NYSEAMERICAN EVBN opened at $44.00 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.86. The company has a market cap of $243.76 million, a PE ratio of 13.21 and a beta of 0.92. The business’s 50 day simple moving average is $43.71. Evans Bancorp has a 52-week low of $24.07 and a 52-week high of $46.21.

Analyst Ratings Changes

A number of research firms have recently issued reports on EVBN. Keefe, Bruyette & Woods lifted their price objective on shares of Evans Bancorp from $42.32 to $45.50 and gave the company a “market perform” rating in a report on Friday, November 1st. StockNews.com assumed coverage on shares of Evans Bancorp in a research report on Wednesday, January 8th. They set a “hold” rating on the stock.

Evans Bancorp Company Profile

Evans Bancorp, Inc primarily operates as financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in the United States. The company offers deposit products, which include checking and negotiable order of withdrawal accounts, savings accounts, and certificates of deposit.