How to buy Evans Bancorp stock - 07 March

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How to buy Evans Bancorp stock

Own Evans Bancorp stock in just a few minutes.

Fact checked

Evans Bancorp, Inc is a banks-regional business based in the US. Evans Bancorp shares (EVBN) are listed on the NYSE MKT and all prices are listed in US Dollars.

How to buy shares in Evans Bancorp

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Evans Bancorp. Find the stock by name or ticker symbol: EVBN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Evans Bancorp reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Evans Bancorp, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Evans Bancorp. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Evans Bancorp share price

Use our graph to track the performance of EVBN stocks over time.

Evans Bancorp shares at a glance

Information last updated 2021-03-03.
52-week rangeUSD$19.9774 - USD$36.1867
50-day moving average USD$30.1873
200-day moving average USD$26.182
Wall St. target priceUSD$34.5
PE ratio 15.4601
Dividend yield USD$1.16 (3.52%)
Earnings per share (TTM) USD$2.13

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Evans Bancorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Evans Bancorp under- or over-valued?

Valuing Evans Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Evans Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Evans Bancorp's P/E ratio

Evans Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 15x. In other words, Evans Bancorp shares trade at around 15x recent earnings.

Evans Bancorp financials

Revenue TTM USD$70.8 million
Operating margin TTM 28.79%
Gross profit TTM USD$70.8 million
Return on assets TTM 0.64%
Return on equity TTM 7.09%
Profit margin 15.88%
Book value $31.444
Market capitalisation USD$177.3 million

TTM: trailing 12 months

Shorting Evans Bancorp shares

There are currently 40,114 Evans Bancorp shares held short by investors – that's known as Evans Bancorp's "short interest". This figure is 15.1% up from 34,858 last month.

There are a few different ways that this level of interest in shorting Evans Bancorp shares can be evaluated.

Evans Bancorp's "short interest ratio" (SIR)

Evans Bancorp's "short interest ratio" (SIR) is the quantity of Evans Bancorp shares currently shorted divided by the average quantity of Evans Bancorp shares traded daily (recently around 15310.687022901). Evans Bancorp's SIR currently stands at 2.62. In other words for every 100,000 Evans Bancorp shares traded daily on the market, roughly 2620 shares are currently held short.

However Evans Bancorp's short interest can also be evaluated against the total number of Evans Bancorp shares, or, against the total number of tradable Evans Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Evans Bancorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Evans Bancorp shares in existence, roughly 10 shares are currently held short) or 0.0078% of the tradable shares (for every 100,000 tradable Evans Bancorp shares, roughly 8 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Evans Bancorp.

Find out more about how you can short Evans Bancorp stock.

Evans Bancorp share dividends

62%

Dividend payout ratio: 61.78% of net profits

Recently Evans Bancorp has paid out, on average, around 61.78% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.64% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Evans Bancorp shareholders could enjoy a 3.64% return on their shares, in the form of dividend payments. In Evans Bancorp's case, that would currently equate to about $1.16 per share.

Evans Bancorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Evans Bancorp's most recent dividend payout was on 6 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 15 March 2021 (the "ex-dividend date").

Have Evans Bancorp's shares ever split?

Evans Bancorp's shares were split on a 105:100 basis on 10 November 2005. So if you had owned 100 shares the day before before the split, the next day you'd have owned 105 shares. This wouldn't directly have changed the overall worth of your Evans Bancorp shares – just the quantity. However, indirectly, the new 4.8% lower share price could have impacted the market appetite for Evans Bancorp shares which in turn could have impacted Evans Bancorp's share price.

Evans Bancorp share price volatility

Over the last 12 months, Evans Bancorp's shares have ranged in value from as little as $19.9774 up to $36.1867. A popular way to gauge a stock's volatility is its "beta".

EVBN.US volatility(beta: 1.19)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while Evans Bancorp's is 1.1857. This would suggest that Evans Bancorp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Evans Bancorp overview

Evans Bancorp, Inc. operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York. It operates in two segments, Banking Activities and Insurance Agency Activities. The company offers deposit products, which include checking and negotiable order of withdrawal accounts, savings accounts, and certificates of deposit. It also provides residential mortgages; commercial and multi-family mortgages; commercial construction loans; home equities, such as home equity lines of credit and second mortgage loans; commercial and industrial loans comprising term loans and lines of credit; consumer loans, including direct automobile, recreational vehicle, boat, home improvement, and personal loans; other loans consisting of cash reserves, overdrafts, and loan clearing accounts; and installment loans. In addition, the company sells various premium-based insurance policies consisting of business and personal insurance, employee benefits, surety bonds, risk management, life, disability, and long-term care coverage, as well as provides claims adjusting services to various insurance companies; and non-deposit investment products, such as annuities and mutual funds. It operates through 15 full-service banking offices in Erie County, Niagara County, and Chautauqua County, New York. Evans Bancorp, Inc. was founded in 1920 and is headquartered in Williamsville, New York.

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