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

Evans Bancorp (NYSEMKT:EVBNGet Free Report) released its quarterly earnings results on Tuesday. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.15, Zacks reports. The business had revenue of $30.22 million for the quarter.

Evans Bancorp Stock Performance

Shares of Evans Bancorp stock traded down $0.82 during trading on Thursday, reaching $34.07. The stock had a trading volume of 27,788 shares.

Analyst Ratings Changes

Separately, Keefe, Bruyette & Woods increased their price objective on Evans Bancorp from $26.50 to $30.50 and gave the company a “market perform” rating in a research report on Thursday.

Read Our Latest Stock Report on EVBN

About Evans Bancorp

(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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