Evans Bancorp (EVBN) to Release Earnings on Thursday

Evans Bancorp (NYSEAMERICAN:EVBN) will likely be posting its quarterly earnings results 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 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.13. The business had revenue of $31.69 million during the quarter. Evans Bancorp had a return on equity of 10.27% and a net margin of 13.80%.

Evans Bancorp Price Performance

NYSEAMERICAN EVBN opened at $43.61 on Thursday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.86. Evans Bancorp has a 1-year low of $24.07 and a 1-year high of $46.21. The company has a 50-day moving average price of $43.71. The firm has a market cap of $241.60 million, a price-to-earnings ratio of 13.10 and a beta of 0.92.

Analyst Ratings Changes

A number of equities analysts have weighed in on EVBN shares. StockNews.com initiated coverage on shares of Evans Bancorp in a research report on Wednesday, January 8th. They issued a “hold” rating for the company. Keefe, Bruyette & Woods upped their price target on shares of Evans Bancorp from $42.32 to $45.50 and gave the stock a “market perform” rating in a research report on Friday, November 1st.

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.