Weekly Analysts’ Ratings Updates for Evans Bancorp (EVBN)

Evans Bancorp (NYSEAMERICAN: EVBN) recently received a number of ratings updates from brokerages and research firms:

• 11/25/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 11/19/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 11/13/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 11/7/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 11/1/2024 – Evans Bancorp had its price target raised by analysts at Keefe, Bruyette & Woods from $42.32 to $45.50. They now have a “market perform” rating on the stock.
• 11/1/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 10/26/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 10/20/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 10/14/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 10/8/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 10/2/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.
• 9/26/2024 – Evans Bancorp is now covered by analysts at StockNews.com. They set a “hold” rating on the stock.

Evans Bancorp Price Performance

Evans Bancorp stock traded up $1.12 on Monday, reaching $45.28. The company’s stock had a trading volume of 7,908 shares, compared to its average volume of 29,305. The firm has a market cap of $250.85 million, a P/E ratio of 13.60 and a beta of 0.91. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.99 and a current ratio of 0.99. Evans Bancorp, Inc. has a twelve month low of $24.07 and a twelve month high of $46.00.

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

Institutional Trading of Evans Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BNP Paribas Financial Markets boosted its holdings in Evans Bancorp by 78.1% during the 1st quarter. BNP Paribas Financial Markets now owns 2,624 shares of the bank’s stock worth $78,000 after acquiring an additional 1,151 shares during the last quarter. Vanguard Group Inc. grew its position in Evans Bancorp by 0.6% in the first quarter. Vanguard Group Inc. now owns 281,299 shares of the bank’s stock worth $8,400,000 after acquiring an additional 1,620 shares in the last quarter. PL Capital Advisors LLC raised its stake in shares of Evans Bancorp by 12.4% during the second quarter. PL Capital Advisors LLC now owns 605,079 shares of the bank’s stock worth $17,009,000 after acquiring an additional 66,642 shares in the last quarter. American Century Companies Inc. purchased a new stake in Evans Bancorp during the 2nd quarter valued at about $337,000. Finally, Cubist Systematic Strategies LLC bought a new stake in Evans Bancorp in the 2nd quarter worth $500,000. Institutional investors own 67.10% of the company’s stock.

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.