Evans Bancorp (NYSEAMERICAN:EVBN) Shares Climb 2.3% – What’s Next?

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN)’s stock price shot up 2.3% during trading on Friday. The stock traded as high as $39.68 and last traded at $39.49. 34,406 shares traded hands during mid-day trading, an increase of 82% from the average daily volume of 18,864 shares. The stock had previously closed at $38.60.

Evans Bancorp Stock Performance

The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $218.77 million, a P/E ratio of 11.86 and a beta of 0.92. The stock’s fifty day moving average price is $39.49 and its two-hundred day moving average price is $39.49.

Evans Bancorp Company Profile

Evans Bancorp, Inc was a bank holding company headquartered in Western New York. Through its subsidiary, Evans Bank, the company provided community banking services to individuals, families, small businesses and commercial customers.

Evans Bank’s offerings included checking and savings accounts, certificates of deposit, residential mortgages, home-equity lending, consumer loans, commercial real estate financing, business loans and lines of credit. The bank also provided treasury management and other deposit services designed to support local businesses.

Founded in 1920, Evans Bank served communities primarily in the Buffalo and Western New York region through branch locations and digital banking channels.