Evans Bancorp, Inc. primarily operates as the financial holding company for Evans Bank, N.A.
Evans Bancorp Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$37.17|
|52 Week High||US$21.79|
|52 Week Low||US$40.45|
|1 Month Change||-3.95%|
|3 Month Change||-3.18%|
|1 Year Change||67.74%|
|3 Year Change||-20.58%|
|5 Year Change||41.28%|
|Change since IPO||289.48%|
Recent News & Updates
|EVBN||US Banks||US Market|
Return vs Industry: EVBN matched the US Banks industry which returned 67.8% over the past year.
Return vs Market: EVBN exceeded the US Market which returned 31.5% over the past year.
Stable Share Price: EVBN is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: EVBN's weekly volatility (3%) has been stable over the past year.
About the Company
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. The company offers deposit products, which include checking and negotiable order of withdrawal accounts, savings accounts, and certificates of deposit.
Evans Bancorp Fundamentals Summary
|EVBN fundamental statistics|
Is EVBN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|EVBN income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||4.02|
|Net Profit Margin||25.47%|
How did EVBN perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Is Evans Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EVBN ($37.17) is trading below our estimate of fair value ($49.43)
Significantly Below Fair Value: EVBN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: EVBN is good value based on its PE Ratio (9.3x) compared to the US Banks industry average (10.6x).
PE vs Market: EVBN is good value based on its PE Ratio (9.3x) compared to the US market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: EVBN's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: EVBN's PB Ratio (1.1x) is in line with the US Banks industry average.
How is Evans Bancorp forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EVBN's earnings are forecast to decline over the next 3 years (-10% per year).
Earnings vs Market: EVBN's earnings are forecast to decline over the next 3 years (-10% per year).
High Growth Earnings: EVBN's earnings are forecast to decline over the next 3 years.
Revenue vs Market: EVBN's revenue (0.5% per year) is forecast to grow slower than the US market (9.8% per year).
High Growth Revenue: EVBN's revenue (0.5% 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
How has Evans Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EVBN has high quality earnings.
Growing Profit Margin: EVBN's current net profit margins (25.5%) are higher than last year (14.6%).
Past Earnings Growth Analysis
Earnings Trend: EVBN's earnings have grown by 12.1% per year over the past 5 years.
Accelerating Growth: EVBN's earnings growth over the past year (126.8%) exceeds its 5-year average (12.1% per year).
Earnings vs Industry: EVBN earnings growth over the past year (126.8%) exceeded the Banks industry 36%.
Return on Equity
High ROE: EVBN's Return on Equity (12.4%) is considered low.
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
Financial Institutions Analysis
Asset Level: EVBN's Assets to Equity ratio (12.3x) is moderate.
Allowance for Bad Loans: EVBN has a low allowance for bad loans (82%).
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 (78%).
Low Risk Deposits: EVBN's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: EVBN has an appropriate level of bad loans (1.4%).
What is Evans Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: EVBN's dividend (3.23%) is higher than the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: EVBN's dividend (3.23%) is low compared to the top 25% of dividend payers in the US market (3.67%).
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 (29.4%), 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Nasca (63 yo)
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 ($USD1.09M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Experienced Management: EVBN's management team is seasoned and experienced (5.8 years average tenure).
Experienced Board: EVBN's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EVBN insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Evans Bancorp, Inc.'s employee growth, exchange listings and data sources
- Name: Evans Bancorp, Inc.
- Ticker: EVBN
- Exchange: NYSEAM
- Founded: 1920
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$201.210m
- Shares outstanding: 5.41m
- Website: https://evansbank.com
Number of Employees
- Evans Bancorp, Inc.
- 6460 Main Street
- New York
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/22 22:37|
|End of Day Share Price||2021/09/22 00:00|
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.