Evans Bancorp

Evans Bancorp, Inc. is a bank holding company, which engages in the provision of financial solutions. It operates through the Banking Activities and Insurance Agency Activities segments. The Banking Activities segment offers consumer and commercial banking services such as lending, deposits, annuities, and mutual funds. The Insurance Agency Activities segment includes insurance policies on a commission basis, surety bonds, risk management, and disability reinsurance products. The company was founded on October 28, 1988 and is headquartered in Williamsville, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Evans Bancorp posts solid Q4 earnings amidst margin pressure

Evans Bancorp delivered strong financial results in Q4 2022, driven by commercial loan growth and expense management.
While facing challenges with deposit decreases and margin pressure, the bank aims for stable margins and loan growth in 2023.
Strategic investments in technology and diversity efforts position Evans Bancorp for future growth and resilience.

Evans Bancorp reports robust Q1 earnings amidst margin pressure

Evans Bancorp's Q1 2023 performance reflects resilience amidst margin pressure and competitive dynamics.
The company's strengths in core relationships, expense management, and credit discipline underpin its growth trajectory.
While facing challenges in margin compression and expense growth, strategic investments and opportunities for optimization offer avenues for sustained success.

Evans Bancorp reports $4.9 million earnings, focuses on margin pressures

Evans Bancorp's Q2 2023 performance reflects mixed results with a focus on managing margin pressures and enhancing operational efficiencies. Despite challenges in net interest margin, the company remains committed to strategic growth initiatives and maintaining strong credit quality.

Evans Bancorp reports resilient Q3 results amid margin pressures

Evans Bancorp's Q3 2023 performance reflected resilience amidst industry headwinds, with a focus on growth and operational efficiency. The company faced challenges from rising deposit costs and NIM compression.
Despite these challenges, Evans Bancorp demonstrated strengths in credit quality, loan growth, and cost management. Opportunities lie in further operational enhancements, strategic initiatives, and leveraging market trends.
Navigating challenges and capitalizing on opportunities will be crucial for Evans Bancorp to sustain its performance and drive future growth amidst evolving market conditions.

Evans Bancorp reports resilient earnings, eyes NIM stabilization in 2024

Evans Bancorp's Q4 2023 performance showcased resilience, strategic moves, and stable loan growth.
Challenges include net interest margin pressure and temporary deposit outflows, balanced by sound credit metrics.
Opportunities lie in NIM stabilization, deposit base strengthening, and future lending growth.
Overall, the bank's strategic actions position it well for potential expansion and value creation.

Evans Bancorp reports solid Q1 earnings, focuses on growth strategies

Evans Bancorp's Q1 2024 earnings call highlighted solid financial performance, strategic investments in key areas, and a focus on managing interest rate risk. The company faces challenges in loan growth and credit quality but sees opportunities in capital management and fee income sustainability.

Evans Bancorp reports robust Q2 earnings amidst strategic growth focus

Evans Bancorp's Q2 2024 performance reflects a solid financial quarter marked by growth in net income, operational efficiencies, and strategic initiatives.
While facing challenges such as margin pressure and funding costs, the company's strengths in community banking, loan growth, and technology investments present avenues for sustained success.
By focusing on customer-centric strategies and prudent expense management, Evans Bancorp aims to navigate uncertainties and leverage opportunities for continued growth and profitability.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Reports Net Income of $2.9 Million In Third Quarter 2024.

Evans Bancorp Reports Net Income of $2.9 Million In Third Quarter 2024

First of Long Island

NEW YORK, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FLIC and EVBN on Behalf of Shareholders

NEW YORK , Sept. 12, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Evans Bancorp Inc. - EVBN

NBT Bancorp

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Evans Bancorp, Inc. (NYSE American: EVBN) to NBT Bancorp Inc. (NasdaqGS: NBTB). Under the terms of the proposed transaction, shareholders of Evans will receive 0.91 shares of NBT for each share of Evans that they own. KSF is seeking to determine whether this consideration and the process that led to it are ade.

EVANS BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Evans Bancorp, Inc. - EVBN

MILWAUKEE , Sept. 9, 2024 /PRNewswire/ -- Ademi LLP is investigating Evans (NYSE American: EVBN) for possible breaches of fiduciary duty and other violations of law in its transaction with NBT Bancorp.

Shareholder Alert: Ademi LLP investigates whether Evans Bancorp, Inc. has obtained a Fair Price for its Public Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Evans Bancorp, Inc. (NYSE: EVBN) to NBT Bancorp Inc. for 0.91 NBT shares for each share of Evans is fair to Evans shareholders. Halper Sadeh encourages Evans shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Evan.

EVBN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Evans Bancorp, Inc. Is Fair to Shareholders

U.S. lender NBT Bancorp has agreed to buy Evans Bancorp in a deal that values it at nearly $236 million, as it looks to expand its footprint in western New York.

US lender NBT Bancorp to buy Evans Bancorp in $236 mln deal

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp (NYSE American: EVBN) Announces Semi-Annual Cash Dividend.

Evans Bancorp, Inc. Announces Semi-Annual Cash Dividend

Evans Bancorp, Inc. (NYSE:EVBN ) Q2 2024 Earnings Conference Call July 30, 2024 4:45 PM ET Company Participants Craig Mychajluk - IR David Nasca - President and CEO John Connerton - CFO Conference Call Participants Chris O'Connell - KBW Operator Ladies and gentlemen, greetings, and welcome to the Evans Bancorp Second Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.

Evans Bancorp, Inc. (EVBN) Q2 2024 Earnings Call Transcript

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Reports Net Income of $2.9 Million In Second Quarter 2024.

Evans Bancorp Reports Net Income of $2.9 Million In Second Quarter 2024

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Announces Second Quarter 2024 Conference Call and Webcast.

Evans Bancorp Announces Second Quarter 2024 Conference Call and Webcast

ASGN

Citizens Financial Services Inc

CZFS, EVBN and ASGN have been added to the Zacks Rank #5 (Strong Sell) List on June 20, 2024.

New Strong Sell Stocks for June 20th

Evans Bancorp, Inc. (NYSE:EVBN ) Q1 2024 Earnings Conference Call April 30, 2024 4:45 PM ET Company Participants Deborah Pawlowski - Investor Relations David Nasca - President and Chief Executive Officer John Connerton - Chief Financial Officer Conference Call Participants Alex Twerdahl - Piper Sandler Christopher O'Connell - KBW Operator Greetings and welcome to the Evans Bancorp's First Quarter Fiscal Year 2024 Financial Results. [Operator Instructions] As a reminder, this conference is being recorded.

Evans Bancorp, Inc. (EVBN) Q1 2024 Earnings Call Transcript

Evans Bancorp (EVBN) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $1.06 per share a year ago.

Evans Bancorp (EVBN) Lags Q1 Earnings and Revenue Estimates

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Reports Net Income of $2.3 Million In First Quarter 2024.

Evans Bancorp Reports Net Income of $2.3 Million In First Quarter 2024

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Announces First Quarter 2024 Conference Call and Webcast.

Evans Bancorp Announces First Quarter 2024 Conference Call and Webcast

Evans Bancorp, Inc. (EVBN) Q4 2023 Earnings Call Transcript

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Reports Net Income of $24.5 Million in 2023.

Evans Bancorp Reports Net Income of $24.5 Million in 2023

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Announces Fourth Quarter and Full Year 2023 Conference Call and Webcast.

Evans Bancorp Announces Fourth Quarter and Full Year 2023 Conference Call and Webcast

Arthur J. Gallagher & Co.

ROLLING MEADOWS, Ill. , Dec. 6, 2023 /PRNewswire/ -- Arthur J.

Arthur J. Gallagher & Co. Completes Acquisition of The Evans Agency, LLC

Evans Bancorp (EVBN) agrees to divest the insurance operations of Evans Agency to Arthur J. Gallagher (AJG) for $40 million.

Evans Bancorp (EVBN) to Sell Insurance Operations of Subsidiary

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (NYSE American: EVBN) Announces Agreement to Sell the Insurance Operations of The Evans Agency, LLC to Arthur J. Gallagher & Co.

Evans Bancorp, Inc. Announces Agreement to Sell the Insurance Operations of The Evans Agency, LLC to Arthur J. Gallagher & Co.

ROLLING MEADOWS, Ill. , Nov. 7, 2023 /PRNewswire/ -- Arthur J.

Arthur J. Gallagher & Co. Signs Agreement to Acquire The Evans Agency, LLC

Evans Bancorp, Inc. (NYSE:EVBN ) Q3 2023 Earnings Conference Call October 26, 2023 4:45 PM ET Corporate Participants Deborah Pawlowski - Investor Relations David Nasca - President and Chief Executive Officer John Connerton - Chief Financial Officer Conference Call Participants Nick Cucharale - Hovde Group Alex Twerdahl - Piper Sandler Chris O'Connell - KBW Operator Greetings. And welcome to the Evans Bancorp's Third Quarter Fiscal Year 2023 Financial Results.

Evans Bancorp, Inc. (EVBN) Q3 2023 Earnings Call Transcript

Evans Bancorp (EVBN) came out with quarterly earnings of $0.66 per share, missing the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $1.06 per share a year ago.

News for Evans Bancorp Stock (EVBN)