Evans Bancorp (NYSEMKT:EVBN – Get Free Report) released its quarterly earnings results 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 business had revenue of $30.22 million during the quarter.
Evans Bancorp Stock Performance
Shares of EVBN stock traded down $0.82 on Thursday, hitting $34.07. 27,788 shares of the stock traded hands.
Wall Street Analysts Forecast Growth
Separately, Keefe, Bruyette & Woods increased their price target on shares of Evans Bancorp from $26.50 to $30.50 and gave the stock a “market perform” rating in a research report on Thursday.
Evans Bancorp Company Profile
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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