Evans Bancorp (NYSEMKT:EVBN) Announces Earnings Results, Beats Expectations By $0.15 EPS

Evans Bancorp (NYSEMKT:EVBNGet Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.38 by $0.15, Zacks reports. The firm had revenue of $30.22 million for the quarter.

Evans Bancorp Price Performance

Shares of NYSEMKT EVBN traded down $0.82 during midday trading on Thursday, reaching $34.07. The company had a trading volume of 27,788 shares.

Analysts Set New Price Targets

Separately, Keefe, Bruyette & Woods upped their price target on shares of Evans Bancorp from $26.50 to $30.50 and gave the stock a “market perform” rating in a report on Thursday.

Check Out Our Latest Stock Analysis on EVBN

Evans Bancorp Company Profile

(Get Free Report)

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.

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