Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Evans Bancorp (EVBN) Stock Price
News stories about Evans Bancorp (NASDAQ:EVBN) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Evans Bancorp earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave headlines about the bank an impact score of 46.34053001897 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Separately, ValuEngine upgraded Evans Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, June 2nd.
Evans Bancorp (NASDAQ:EVBN) opened at 41.30 on Friday. The stock has a 50 day moving average price of $41.10 and a 200 day moving average price of $39.62. Evans Bancorp has a 52 week low of $25.90 and a 52 week high of $42.58. The stock has a market cap of $196.75 million and a PE ratio of 18.38.
Evans Bancorp (NASDAQ:EVBN) last posted its earnings results on Thursday, July 27th. The bank reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.04. Evans Bancorp had a return on equity of 9.20% and a net margin of 19.82%. The business had revenue of $13.21 million during the quarter. On average, equities analysts predict that Evans Bancorp will post $2.36 earnings per share for the current year.
The business also recently announced a semiannual dividend, which will be paid on Tuesday, October 3rd. Stockholders of record on Tuesday, September 12th will be paid a $0.40 dividend. The ex-dividend date is Monday, September 11th. This represents a dividend yield of 1.97%.
ILLEGAL ACTIVITY WARNING: This news story was originally published by Watch List News and is owned by of Watch List News. If you are accessing this news story on another website, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The correct version of this news story can be viewed at https://www.watchlistnews.com/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-evans-bancorp-evbn-stock-price/1535559.html.
About Evans Bancorp
Evans Bancorp, Inc is a financial holding company. The Company conducts its business through its subsidiaries, such as Evans Bank, N.A. (the Bank), which provides a range of banking services to consumer and commercial customers in Western New York, and Evans National Financial Services, LLC (ENFS), which hold interests in The Evans Agency, LLC (TEA), which sells various premium-based insurance policies on a commission basis.
Receive News & Ratings for Evans Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Evans Bancorp Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.