Evans Bancorp (NYSEAMERICAN:EVBN) announced its quarterly earnings data on Wednesday. The bank reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.55), MarketWatch Earnings reports. The company had revenue of $19.17 million during the quarter, compared to analysts’ expectations of $19.05 million.
Shares of EVBN stock opened at $22.05 on Friday. Evans Bancorp has a 12 month low of $20.50 and a 12 month high of $41.75.
Several equities research analysts recently issued reports on EVBN shares. TheStreet downgraded Evans Bancorp from a “b-” rating to a “c” rating in a research note on Friday, April 17th. Zacks Investment Research raised Evans Bancorp from a “sell” rating to a “hold” rating in a research note on Tuesday, July 7th.
About Evans Bancorp
Evans Bancorp, Inc offers banking products and services. The company offers demand deposits and interest and non-interest bearing time and savings deposits. The company's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases.
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