Welcome to our dedicated page for Evans Bancorp news (Ticker: EVBN), a resource for investors and traders seeking the latest updates and insights on Evans Bancorp stock.
Evans Bancorp (EVBN) delivers community-focused financial services through banking, insurance, and wealth management solutions across Western New York. This news hub provides investors and stakeholders with essential updates about the institution's strategic initiatives and market position.
Access real-time announcements including quarterly earnings reports, leadership appointments, and regulatory developments. Our curated collection features press releases on product innovations, community partnerships, and financial performance metrics critical for informed analysis.
Key coverage areas include corporate governance changes, capital management strategies, and service expansion announcements. Track EVBN's progress in maintaining its 100-year legacy as a trusted local institution while adapting to evolving financial sector demands.
Bookmark this page for streamlined access to verified updates about Evans Bancorp's operational milestones. Combine our historical archive with breaking news alerts to monitor the company's multifaceted financial services ecosystem effectively.
Evans Bancorp, Inc. (NYSE American: EVBN) will release its second quarter 2022 financial results after market close on
Evans Bancorp, Inc. (NYSE American: EVBN) reported a net income of $4.7 million or $0.86 per diluted share for Q1 2022, down from $5.9 million in Q4 2021. Net interest income decreased to $16.5 million due to lower PPP fees as the program winds down. Total loans rose by 6%, and deposits reached $1.99 billion, marking a 6% increase. The company’s return on equity fell to 10.46%. Despite challenges, management emphasizes solid revenue performance and prospects for loan growth in a rising rate environment.
Evans Bancorp, Inc. (NYSE American: EVBN) will announce its first quarter 2022 financial results on April 27, 2022, after market close. A conference call will take place at 4:45 p.m. ET to discuss the results and corporate strategy, including a Q&A session. The company, a community financial service provider in Western New York, reported $2.2 billion in assets and $1.9 billion in deposits as of December 31, 2021. Information on the call and archival access will be available on their website.
Evans Bancorp (NYSE American: EVBN) has declared a semi-annual cash dividend of
Evans Bancorp (EVBN) reported strong financial results for Q4 and full year 2021, achieving a net income of $5.9 million ($1.06 per diluted share) in Q4 and a record $24 million ($4.37 per diluted share) for the year. Net interest income surged 20% to $19.7 million in Q4 and 22% to $72.8 million for the full year, driven by increased PPP fees and the acquisition of Fairport Savings Bank. Total deposits rose to $1.94 billion, up 3% for Q4 and 9% year-over-year. The net interest margin improved to 3.74% in Q4, reflecting effective management of deposit rates.
Evans Bancorp, Inc. (EVBN) will release its fourth quarter and full year 2021 financial results after the market closes on February 3, 2022. A conference call to discuss the results and the company’s strategy will follow at 4:45 p.m. ET. Evans Bancorp, a community bank in Western New York, has $2.2 billion in assets and $1.9 billion in deposits as of September 30, 2021. Investors can access a replay of the call on their website.
Evans Bancorp, Inc. (NYSE American: EVBN) reported a strong third quarter for 2021, with net income increasing 54% to a record $7.0 million, or $1.27 per diluted share. Net interest income rose 16% to $18.2 million, driven by higher loan fees and a release of $1.5 million in loan loss allowances. Total deposits reached $1.88 billion, up 5%. However, salary expenses increased by $1.9 million due to strategic hires. The bank continues to manage its hotel portfolio proactively, upgrading $20 million of criticized loans.
Evans Bancorp, Inc. (AMEX: EVBN) will release its third-quarter 2021 results after market close on October 28, 2021. The company will hold a conference call at 4:45 p.m. ET to discuss the financial results and corporate strategy, followed by a Q&A session. Investors can access the call via phone or an internet webcast. The company, with $2.2 billion in assets and $1.9 billion in deposits as of June 30, 2021, offers comprehensive financial services in Western New York.
Evans Bancorp, Inc. (NYSE American: EVBN) has declared a cash dividend of $0.60 per share on its outstanding common stock, payable on October 5, 2021 to shareholders of record by September 14, 2021. With around 5.5 million shares outstanding, the move reflects the company's ongoing commitment to returning value to shareholders. Evans Bancorp operates as a financial holding company with $2.2 billion in assets and $1.9 billion in deposits as of June 30, 2021, serving Western New York through its various financial services.
Evans Bancorp, Inc. reported strong second-quarter 2021 results, reflecting a significant rebound from COVID-19 impacts. Net interest income surged 23% to $18.4 million, while net income reached $6.3 million, or $1.15 per diluted share. The loan portfolio rose 4%, excluding PPP loans, and total deposits increased to $1.88 billion. A release of $0.8 million from the loan loss allowance highlighted improved credit quality. Return on average equity improved to 14.72%. The company's financial health is bolstered by a solid capital ratio and book value of $32.28 per share.
