Evans Bancorp (NYSEAMERICAN:EVBN) Issues Quarterly Earnings Results
Evans Bancorp (NYSEAMERICAN:EVBN) released its earnings results on Wednesday. The bank reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.64 by ($0.55), MarketWatch Earnings reports.
NYSEAMERICAN:EVBN traded down $0.42 during mid-day trading on Thursday, hitting $22.50. 39 shares of the stock were exchanged, compared to its average volume of 14,227. Evans Bancorp has a fifty-two week low of $20.50 and a fifty-two week high of $41.75.
In other news, CEO David J. Nasca purchased 1,332 shares of the company’s stock in a transaction that occurred on Thursday, May 21st. The stock was acquired at an average cost of $24.99 per share, with a total value of $33,286.68. Over the last three months, insiders have purchased 2,532 shares of company stock valued at $63,145.
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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