Evans Bancorp
Market Cap
US$198.5m
Last Updated
2021/05/15 22:51 UTC
Data Sources
Company Financials +
Executive Summary
Evans Bancorp, Inc. primarily operates as the financial holding company for Evans Bank, N.A. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet average dividend payer.
Similar Companies
Share Price & News
How has Evans Bancorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: EVBN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: EVBN's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
3.0%
EVBN
1.0%
US Banks
-1.7%
US Market
1 Year Return
57.3%
EVBN
99.1%
US Banks
50.8%
US Market
Return vs Industry: EVBN underperformed the US Banks industry which returned 99% over the past year.
Return vs Market: EVBN exceeded the US Market which returned 50.5% over the past year.
Shareholder returns
| EVBN | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.0% | 1.0% | -1.7% |
| 30 Day | 5.8% | 7.9% | -1.2% |
| 90 Day | 27.4% | 21.2% | 0.4% |
| 1 Year | 64.1%57.3% | 105.1%99.1% | 53.3%50.8% |
| 3 Year | -13.2%-21.5% | 31.9%20.6% | 61.5%51.4% |
| 5 Year | 81.4%56.9% | 115.1%88.0% | 125.9%100.7% |
Long-Term Price Volatility Vs. Market
How volatile is Evans Bancorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Here's Why It's Unlikely That Evans Bancorp, Inc.'s (NYSEMKT:EVBN) CEO Will See A Pay Rise This Year1 month ago | Simply Wall St
Shareholders Of Evans Bancorp (NYSEMKT:EVBN) Must Be Happy With Their 64% Return2 months ago | Simply Wall St
Interested In Evans Bancorp's (NYSEMKT:EVBN) Upcoming US$0.60 Dividend? You Have Four Days LeftValuation
Is Evans Bancorp undervalued compared to its fair value and its price relative to the market?
8.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EVBN ($36.86) is trading below our estimate of fair value ($40.46)
Significantly Below Fair Value: EVBN is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: EVBN is poor value based on its PE Ratio (12.4x) compared to the US Banks industry average (12.1x).
PE vs Market: EVBN is good value based on its PE Ratio (12.4x) compared to the US market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: EVBN is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: EVBN's PB Ratio (1.2x) is in line with the US Banks industry average.
Future Growth
How is Evans Bancorp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
7.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVBN's forecast earnings growth (7.3% per year) is above the savings rate (2%).
Earnings vs Market: EVBN's earnings (7.3% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: EVBN's earnings are forecast to grow, but not significantly.
Revenue vs Market: EVBN's revenue (3.5% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: EVBN's revenue (3.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if EVBN's Return on Equity is forecast to be high in 3 years time
Past Performance
How has Evans Bancorp performed over the past 5 years?
10.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVBN has a large one-off loss of $5.5M impacting its March 31 2021 financial results.
Growing Profit Margin: EVBN's current net profit margins (19.8%) are lower than last year (20.8%).
Past Earnings Growth Analysis
Earnings Trend: EVBN's earnings have grown by 10.7% per year over the past 5 years.
Accelerating Growth: EVBN's earnings growth over the past year (17.8%) exceeds its 5-year average (10.7% per year).
Earnings vs Industry: EVBN earnings growth over the past year (17.8%) underperformed the Banks industry 18%.
Return on Equity
High ROE: EVBN's Return on Equity (9.5%) is considered low.
Financial Health
How is Evans Bancorp's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: EVBN's Assets to Equity ratio (12.8x) is moderate.
Allowance for Bad Loans: EVBN has a low allowance for bad loans (71%).
Low Risk Liabilities: 95% of EVBN's liabilities are made up of primarily low risk sources of funding.
Loan Level: EVBN has an appropriate level of Loans to Assets ratio (81%).
Low Risk Deposits: EVBN's Loans to Deposits ratio (92%) is appropriate.
Level of Bad Loans: EVBN has an appropriate level of bad loans (1.7%).
Dividend
What is Evans Bancorp current dividend yield, its reliability and sustainability?
3.26%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EVBN's dividend (3.26%) is higher than the bottom 25% of dividend payers in the US market (1.25%).
High Dividend: EVBN's dividend (3.26%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: EVBN's dividends per share have been stable in the past 10 years.
Growing Dividend: EVBN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (39.7%), EVBN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.5yrs
Average management tenure
CEO
David Nasca (62 yo)
14.08yrs
Tenure
US$986,164
Compensation
Mr. David John Nasca has been the Chief Executive Officer of Evans BanCorp, Inc. and Evans Bank NA (Evans Bank, National Association) since April 1, 2007 and its Chief Financial Officer since November 5, 2...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD986.16K) is about average for companies of similar size in the US market ($USD1.06M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: EVBN's management team is seasoned and experienced (5.5 years average tenure).
Board Members
Experienced Board: EVBN's board of directors are considered experienced (7.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Evans Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Evans Bancorp, Inc.
- Ticker: EVBN
- Exchange: NYSEAM
- Founded: 1920
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$198.518m
- Shares outstanding: 5.39m
- Website: https://evansbank.com
Number of Employees
Location
- Evans Bancorp, Inc.
- 6460 Main Street
- Williamsville
- New York
- 14221
- United States
Listings
Biography
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 ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/15 22:51 |
| End of Day Share Price | 2021/05/14 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.