An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Evans Bancorp, Inc. Increases Semi-Annual Cash Dividend to $0.62 per Share
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Evans Bancorp (NYSE American: EVBN) has declared a semi-annual cash dividend of $0.62 per share, marking a $0.02 increase from the previous dividend announced in October 2021. The dividend is payable on April 5, 2022 to shareholders of record as of March 11, 2022. With approximately 5.5 million shares outstanding, this increase represents the twelfth dividend rise in the last ten years. The company reported $2.2 billion in assets and $1.9 billion in deposits as of December 31, 2021.
Positive
Dividend increased to $0.62, a $0.02 rise, reflecting company profitability and confidence.
Twelfth dividend increase over the last ten years, demonstrating consistent performance.
Negative
None.
Marks twelfth dividend increase over last ten years
WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)--
Evans Bancorp, Inc. (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced that at its meeting yesterday, the Board of Directors declared a cash dividend of $0.62 per share on its outstanding common stock. This semi-annual dividend represents a $0.02 increase from the previous semi-annual dividend paid in October 2021.
The dividend is payable on April 5, 2022 to shareholders of record as of March 11, 2022. 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 $2.2 billion in assets and $1.9 billion in deposits at December 31, 2021. Evans is a full-service community bank with 21 financial centers providing comprehensive financial services to consumer, business and municipal customers throughout Western New York. Evans Insurance Agency, a wholly owned subsidiary, provides life insurance, employee benefits, and property and casualty insurance through ten offices in the Western New York region. Evans Investment Services provides non-deposit investment products, such as annuities and mutual funds.
Evans Bancorp, Inc. and Evans Bank routinely post news and other important information on their websites, at www.evansbancorp.com and www.evansbank.com.
