Evans Bancorp (EVBN) Expected to Announce Quarterly Earnings on Thursday

Evans Bancorp (NYSEAMERICAN:EVBN) is expected to release its earnings data before the market opens on Thursday, February 6th. Analysts expect Evans Bancorp to post earnings of $0.48 per share and revenue of $17.32 million for the quarter.

Evans Bancorp Price Performance

Shares of EVBN opened at $43.42 on Wednesday. The company has a market cap of $240.55 million, a P/E ratio of 13.04 and a beta of 0.92. The company has a 50-day moving average price of $43.71. Evans Bancorp has a one year low of $24.07 and a one year high of $46.21. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.86.

Analyst Upgrades and Downgrades

EVBN has been the subject of several recent research reports. Keefe, Bruyette & Woods increased their price target on Evans Bancorp from $42.32 to $45.50 and gave the company a “market perform” rating in a research note on Friday, November 1st. StockNews.com began coverage on shares of Evans Bancorp in a report on Wednesday, January 8th. They issued a “hold” rating on the stock.

About Evans Bancorp

Evans Bancorp, Inc primarily operates as financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in the United States. The company offers deposit products, which include checking and negotiable order of withdrawal accounts, savings accounts, and certificates of deposit.