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 PRESS RELEASE

Evans Bancorp, Inc. Announces Semi-Annual Cash Dividend

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a cash dividend of $0.66 per share on its outstanding common stock. The dividend is payable on October 10, 2024, to shareholders of record as of September 12, 2024. The Company has approximately 5.5 million shares outstanding. About Evans Bancorp, Inc. Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank with $2.3...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: August 3, 2024

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Evans Bancorp Reports Net Income of $2.9 Million In Second Quarter 202...

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the second quarter ended June 30, 2024. The prior-year period includes business activity relating to The Evans Agency (TEA) prior to the sale to Arthur J. Gallagher & Co. on November 30, 2023. HIGHLIGHTS Net income per share was $0.53 in the second quarter, which was up 26% sequentially on higher revenue and lower expenses Second quarter net interest margin of 2.71% was above expect...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: July 27, 2024

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights.com Daily Ratings Report: July 24, 2024

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Evans Bancorp Announces Second Quarter 2024 Conference Call and Webcas...

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced that it will release its second quarter 2024 results after the close of financial markets on Tuesday, July 30, 2024. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow. Second Quarter 2024 Conference Call Tuesday, July 30, 2024 4:45 p.m. Eastern Time Phone: (201) 689-8471 Inte...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: June 8, 2024

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: June 1, 2024

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

 PRESS RELEASE

Evans Bancorp Reports Net Income of $2.3 Million In First Quarter 2024

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- Evans Bancorp, Inc. (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the first quarter ended March 31, 2024. HIGHLIGHTS First quarter net interest margin of 2.79% expanded 4 basis points sequentially Total loan balances of $1.7 billion up $63 million, or 4%, year-over-year Robust loan pipeline of $95 million Total deposits of $1.9 billion increased $173 million, or 10%, in the quarter, and were up $41 million, or 2%, from the...

 PRESS RELEASE

Evans Bancorp Announces First Quarter 2024 Conference Call and Webcast

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced that it will release its first quarter 2024 results after the close of financial markets on Tuesday, April 30, 2024. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow. First Quarter 2024 Conference Call Tuesday, April 30, 2024 4:45 p.m. Eastern Time Phone: (201) 689-8471 Inte...

 PRESS RELEASE

Evans Bancorp, Inc. Announces Semi-Annual Cash Dividend

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a cash dividend of $0.66 per share on its outstanding common stock. The dividend is payable on April 9, 2024, to shareholders of record as of March 12, 2024. The Company has approximately 5.5 million shares outstanding. About Evans Bancorp, Inc. Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank with $2.1 billio...

 PRESS RELEASE

Evans Bancorp Reports Net Income of $24.5 Million in 2023

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the fourth quarter and full year ended December 31, 2023. HIGHLIGHTS Completed the sale of The Evans Agency (“TEA”) to Arthur J. Gallagher & Co, netting a pretax gain of $20.2 million in the fourth quarter Repositioned balance sheet with sale of $78 million of investment securities – proceeds used to reduce short-term borrowings; resulted in recognized pretax loss of $5.0 million in...

 PRESS RELEASE

Evans Bancorp Announces Fourth Quarter and Full Year 2023 Conference C...

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced that it will release its fourth quarter and full year 2023 results after the close of financial markets on Thursday, February 1, 2024. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow. Fourth Quarter and Full Year 2023 Conference Call Thursday, February 1, 2024 4:45 p.m. Eas...

 PRESS RELEASE

Evans Bancorp, Inc. Announces Agreement to Sell the Insurance Operatio...

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced today that it has entered into a definitive agreement to sell The Evans Agency, LLC (“TEA”) to Arthur J. Gallagher & Co. (NYSE: AJG) (“Gallagher”) for $40 million. The transaction is subject to customary closing conditions and is anticipated to be completed in the fourth quarter of 2023. Key Highlights: Evans’ growth of TEA over the years culminates with the capture of a valuation premium, providing capital to strat...

 PRESS RELEASE

Evans Bancorp Reports Net Income of $3.6 Million in Third Quarter 2023

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- Evans Bancorp, Inc. (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the third quarter ended September 30, 2023. HIGHLIGHTS Total loan balances of $1.7 billion up 2% in the quarter and 5% year-over-year Net income of $3.6 million reflected continued net interest margin pressure, partially offset by prudent expense management Total non-interest expense declined 9% to $14.4 million over last year’s third quarter Net interest ma...

 PRESS RELEASE

Evans Bancorp Announces Third Quarter 2023 Conference Call and Webcast

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced that it will release its third quarter 2023 results after the close of financial markets on Thursday, October 26, 2023. The Company will host a conference call and webcast to review the financial and operating results for the period and discuss its corporate strategy and outlook. A question-and-answer session will follow. Third Quarter 2023 Conference Call Thursday, October 26, 2023 4:45 p.m. Eastern Time Phone: (201) 689-847...

 PRESS RELEASE

Evans Bancorp, Inc. Announces Semi-Annual Cash Dividend

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a cash dividend of $0.66 per share on its outstanding common stock. The dividend is payable on October 18, 2023, to shareholders of record as of September 19, 2023. The Company has approximately 5.5 million shares outstanding. About Evans Bancorp, Inc. Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank with $2.2...

 PRESS RELEASE

Evans Bancorp Reports Net Income of $4.9 Million in Second Quarter 202...

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the second quarter ended June 30, 2023. SECOND QUARTER 2023 REVIEW (compared with prior-year period unless otherwise noted) Net income of $4.9 million reflected continued net interest margin pressure, partially offset by non-interest income growth and prudent expense management Total non-interest income of $4.7 million increased 2% year-over-year and up 14% sequentially Total non...

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