EVBN Stock Summary and Trading Ideas (Evans Bancorp | AMEX:EVBN)

Evans Bancorp Inc is a financial holding company. Through its subsidiaries, it provides various banking services to consumers and commercial customers in the USA. The firm operates in two segments, Banking Activities and Insurance Agency Activities. The banking business segment includes both commercial and consumer banking services, including lending and depository services and offering non-deposit investment products, such as annuities and mutual funds. The insurance agency segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability and long-term care coverage, and providing claims adjusting services to various insurance companies.

Evans Bancorp trades on the AMEX stock market under the symbol EVBN.

As of January 3, 2025, EVBN stock price climbed to $43.45 with 19,796 million shares trading.

EVBN has a beta of 0.79, meaning it tends to be less sensitive to market movements. EVBN has a correlation of 0.14 to the broad based SPY ETF.

EVBN has a market cap of $240.76 million. This is considered a Small Cap stock.

Last quarter Evans Bancorp reported $18 million in Revenue and $.53 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.13.

In the last 3 years, EVBN traded as high as $46.21 and as low as $23.20.

The top ETF exchange traded funds that EVBN belongs to (by Net Assets): VTI, VXF, AVUV, DFAT, ITOT.

EVBN has outperformed the market in the last year with a return of +44.9%, while the SPY ETF gained +27.8%. In the last 3 month period, EVBN beat the market returning +14.1%, while SPY returned +4.6%. However, in the most recent 2 weeks EVBN has underperformed the stock market by returning -1.4%, while SPY returned +0.1%.

EVBN support price is $41.84 and resistance is $43.54 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EVBN shares will trade within this expected range on the day.