Evans Bancorp (EVBN) Projected to Post Quarterly Earnings on Thursday

Evans Bancorp (NYSEAMERICAN:EVBN) will likely be issuing its quarterly earnings data before the market opens on Thursday, February 6th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $17.32 million for the quarter.

Evans Bancorp Stock Up 2.3 %

Shares of EVBN opened at $43.42 on Wednesday. Evans Bancorp has a 12-month low of $24.07 and a 12-month high of $46.21. The company has a market cap of $240.55 million, a PE ratio of 13.04 and a beta of 0.92. The stock has a fifty day moving average price of $43.71. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.86.

Wall Street Analysts Forecast Growth

EVBN has been the subject of a number of research analyst reports. StockNews.com assumed coverage on Evans Bancorp in a research report on Wednesday, January 8th. They set a “hold” rating for the company. Keefe, Bruyette & Woods raised their price target on Evans Bancorp from $42.32 to $45.50 and gave the company a “market perform” rating in a research report on Friday, November 1st.

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.