4 - EVANS BANCORP INC (0000842518) (Issuer)

4 - EVANS BANCORP INC (0000842518) (Issuer)

4 - EVANS BANCORP INC (0000842518) (Issuer)

4 - EVANS BANCORP INC (0000842518) (Issuer)

4 - EVANS BANCORP INC (0000842518) (Issuer)

4 - EVANS BANCORP INC (0000842518) (Issuer)

4 - EVANS BANCORP INC (0000842518) (Issuer)

4 - EVANS BANCORP INC (0000842518) (Issuer)

Evans Bancorp, Inc. (the "Company" or "Evans") (NYSE:EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the third quarter ended September 30, 2024. The prior-year period includes business activity relating to The Evans Agency ("TEA") prior to the sale to Arthur J. Gallagher & Co. on November 30, 2023. HIGHLIGHTS Evans announced Definitive Agreement to merge with NBT Bancorp Inc. during the third quarter Net income per share was $0.53 in the third quarter, which included $0.6 million in merger-related expenses and an offsetting gain from the sale of other real estate owned (OREO) property Third quarter net intere

NORWICH, N.Y. and WILLIAMSVILLE, N.Y., Sept. 09, 2024 (GLOBE NEWSWIRE) -- NBT Bancorp Inc. ("NBT") (NASDAQ:NBTB) and Evans Bancorp, Inc. ("Evans") (NYSE:EVBN) today announced they have entered into a definitive agreement pursuant to which Evans will merge with and into NBT. This merger will bring together two highly respected banking companies and extend NBT's growing footprint into Western New York. "We are enthusiastic about this opportunity to partner with Evans and are confident it is a high quality and incredibly impactful way to expand NBT's presence into Western New York," said NBT President and Chief Executive Officer Scott A. Kingsley. "Adding the greater Buffalo and Rochester co

Evans Bancorp, Inc. (the "Company" or "Evans") (NYSE:EVBN), a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a cash dividend of $0.66 per share on its outstanding common stock. The dividend is payable on October 10, 2024, to shareholders of record as of September 12, 2024. The Company has approximately 5.5 million shares outstanding. About Evans Bancorp, Inc. Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank with $2.3 billion in assets and $1.9 billion in deposits at June 30, 2024. Evans Bank is a full-service community bank with 18 branches pr

Evans Bancorp, Inc. (the "Company" or "Evans") (NYSE:EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the second quarter ended June 30, 2024. The prior-year period includes business activity relating to The Evans Agency (TEA) prior to the sale to Arthur J. Gallagher & Co. on November 30, 2023. HIGHLIGHTS Net income per share was $0.53 in the second quarter, which was up 26% sequentially on higher revenue and lower expenses Second quarter net interest margin of 2.71% was above expectations due to balance sheet adjustments in the first quarter and ongoing deposit pricing strategy Total loan balances of $1.77

Evans Bancorp, Inc. (the "Company") (NYSE:EVBN), a community financial services company serving Western New York since 1920, announced that it will release its second quarter 2024 results after the close of financial markets on Tuesday, July 30, 2024. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow. Second Quarter 2024 Conference Call Tuesday, July 30, 2024 4:45 p.m. Eastern Time Phone: (201) 689-8471 Internet Webcast: www.evansbancorp.com A telephonic replay will be available from 8:00 p.m. ET on the day of the teleconference unt

Evans Bancorp, Inc. (the "Company") (NYSE:EVBN), a community financial services company serving Western New York since 1920, announced that it will release its first quarter 2024 results after the close of financial markets on Tuesday, April 30, 2024. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow. First Quarter 2024 Conference Call Tuesday, April 30, 2024 4:45 p.m. Eastern Time Phone: (201) 689-8471 Internet Webcast: www.evansbancorp.com A telephonic replay will be available from 8:00 p.m. ET on the day of the teleconference unt

Evans Bancorp, Inc. (the "Company" or "Evans") (NYSE:EVBN), a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a cash dividend of $0.66 per share on its outstanding common stock. The dividend is payable on April 9, 2024, to shareholders of record as of March 12, 2024. The Company has approximately 5.5 million shares outstanding. About Evans Bancorp, Inc. Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank with $2.1 billion in assets and $1.7 billion in deposits at December 31, 2023. Evans Bank is a full-service community bank with 18 branches provi

Evans Bancorp, Inc. (the "Company" or "Evans") (NYSE:EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the fourth quarter and full year ended December 31, 2023. HIGHLIGHTS Completed the sale of The Evans Agency ("TEA") to Arthur J. Gallagher & Co, netting a pretax gain of $20.2 million in the fourth quarter Repositioned balance sheet with sale of $78 million of investment securities – proceeds used to reduce short-term borrowings; resulted in recognized pretax loss of $5.0 million in the quarter but improves forward net interest income Total loan balances of $1.7 billion up 1% in the quarter and 3% year-ove

Evans Bancorp, Inc. (the "Company") (NYSE:EVBN), a community financial services company serving Western New York since 1920, announced that it will release its fourth quarter and full year 2023 results after the close of financial markets on Thursday, February 1, 2024. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow. Fourth Quarter and Full Year 2023 Conference Call Thursday, February 1, 2024 4:45 p.m. Eastern Time Phone: (201) 689-8471 Internet Webcast: www.evansbancorp.com A telephonic replay will be available from 8:00 p.m. ET

Evans Bancorp, Inc. (the "Company" or "Evans") (NYSE:EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the third quarter ended September 30, 2023. HIGHLIGHTS Total loan balances of $1.7 billion up 2% in the quarter and 5% year-over-year Net income of $3.6 million reflected continued net interest margin pressure, partially offset by prudent expense management Total non-interest expense declined 9% to $14.4 million over last year's third quarter Net interest margin of 2.79% declined 31 basis points sequentially, of which 8 basis points was attributable to the reversal of interest income from one non-accrua

Although U.S. stocks closed lower on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga’s insider transactions platform. United Security Bancshares The Trade: United Security Bancshares (NASDAQ:UBFO) Director Jagroop Gill acquired a total of 14

Piper Sandler analyst Alexander Twerdahl maintains Evans Bancorp (AMEX:EVBN) with a Neutral and lowers the price target from $30 to $27.

Evans Bancorp (AMEX:EVBN) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.41 by 2.44 percent. This is a 60.38 percent decrease over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $16.174 million which beat the analyst consensus estimate of $16.060 million by 0.71 percent. This is a 24.55 percent decrease over sales of $21.438 million the same period last year.

Piper Sandler analyst Alexander Twerdahl downgrades Evans Bancorp (AMEX:EVBN) from Overweight to Neutral and announces $32 price target.

Evans Bancorp (AMEX:EVBN) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $0.45 by 311.11 percent. This is a 68.18 percent increase over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $32.50 million which beat the analyst consensus estimate of $17.67 million by 83.91 percent. This is a 37.26 percent increase over sales of $23.68 million the same period last year.

Evans Bancorp (AMEX:EVBN) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $0.45 by 311.11 percent. This is a 68.18 percent increase over earnings of $1.10 per share from the same period last year.

Companies Reporting Before The Bell • ING Groep (NYSE:ING) is expected to report earnings for its fourth quarter. • Shell (NYSE:SHEL) is likely to report quarterly earnings at $1.81 per share on revenue of $75.66 billion. • Takeda Pharmaceutical (NYSE:TAK) is likely to report earnings for its third quarter. • Sanofi (NASDAQ:SNY) is projected to report quarterly earnings at $1.50 per share on revenue of $12.26 billion. • Illinois Tool Works (NYSE:ITW) is likely to report quarterly earnings at $2.41 per share on revenue of $4.01 billion. • Royal Caribbean Gr (NYSE:RCL) is estimated to report quarterly earnings at $1.13 per share on revenue of $3.36 billion. • BrightSphere Investment (NY

Evans Bancorp (AMEX:EVBN) is set to give its latest quarterly earnings report on Thursday, 2024-02-01. Here's what investors need to know before the announcement. Analysts estimate that Evans Bancorp will report an earnings per share (EPS) of $0.45. Evans Bancorp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.05, which was followed by a 3.02% drop in the share

Keefe, Bruyette & Woods analyst Christopher O'Connell maintains Evans Bancorp (AMEX:EVBN) with a Market Perform and raises the price target from $25 to $26.5.

Evans Bancorp, Inc. (the "Company" or "Evans") (NYSE:EVBN), a community financial services company serving Western New York since 1920, announced today that it has entered into a definitive agreement to sell The Evans Agency, LLC ("TEA") to Arthur J. Gallagher & Co. (NYSE:AJG) ("Gallagher") for $40 million. The transaction is subject to customary closing conditions and is anticipated to be completed in the fourth quarter of 2023.Key Highlights:Evans' growth of TEA over the years culminates with the capture of a valuation premium, providing capital to strategically redeploy across the core banking franchise.Demonstrates significant value creation and delivers measurable shareholder value~ 3.9