Evans Bancorp (NYSEMKT:EVBN – Get Free Report) released its earnings results on Tuesday. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.15, Zacks reports. The business had revenue of $30.22 million for the quarter.
Evans Bancorp Price Performance
Shares of Evans Bancorp stock traded down $0.82 during trading on Thursday, hitting $34.07. 27,788 shares of the stock were exchanged.
Wall Street Analyst Weigh In
Separately, Keefe, Bruyette & Woods upped 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.
About Evans Bancorp
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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