Evans Bancorp (NYSE:EVBN) Coverage Initiated by Analysts at StockNews.com

StockNews.com began coverage on shares of Evans Bancorp (NYSE:EVBN) in a research note issued to investors on Sunday. The brokerage issued a hold rating on the stock.

Evans Bancorp Stock Performance

EVBN opened at $40.85 on Friday. The company has a market capitalization of $226.35 million, a price-to-earnings ratio of 12.27 and a beta of 0.92.

About Evans Bancorp

Evans Bancorp, Inc primarily 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 and the Finger Lakes Region of New York State. It operates in two segments, Banking Activities and Insurance Agency Activities.