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

Evans Bancorp (NYSEMKT:EVBNGet Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.15, Zacks reports. The company had revenue of $30.22 million during the quarter.

Evans Bancorp Trading Down 2.4 %

Shares of Evans Bancorp stock opened at $34.07 on Friday.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods upped their target price on shares of 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 Report on EVBN

Evans Bancorp Company Profile

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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.

Further Reading

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