Financials Evans Bancorp, Inc.

Equities

EVBN

US29911Q2084

Banks

Market Closed - Nyse Other stock markets 16:00:00 2024-05-09 EDT			5-day change	1st Jan Change
26.21 ^USD	+1.08%		+5.73%	-16.87%

05-07	Transcript : Evans Bancorp, Inc. - Shareholder/Analyst Call
05-02	Tranche Update on Evans Bancorp, Inc.'s Equity Buyback Plan announced on February 25, 2021.	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	195.8	147.2	218.6	204.6	171.3	141.7	-
Enterprise Value (EV) ¹	195.8	147.2	218.6	204.6	171.3	141.7	141.7
P/E ratio	11.1 x	12.9 x	9.22 x	9.25 x	7.04 x	14.6 x	12.5 x
Yield	2.59%	4.21%	2.98%	3.37%	4.19%	5.04%	5.04%
Capitalization / Revenue	2.82 x	1.89 x	2.39 x	2.22 x	1.82 x	2.16 x	1.96 x
EV / Revenue	2.82 x	1.89 x	2.39 x	2.22 x	1.82 x	2.16 x	1.96 x
EV / EBITDA	-	-	-	-	-	-	-
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	1.32 x	0.88 x	1.2 x	1.32 x	0.97 x	0.8 x	0.77 x
Nbr of stocks (in thousands)	4,882	5,344	5,424	5,473	5,433	5,464	-
Reference price ²	40.10	27.54	40.30	37.39	31.53	26.21	26.21
Announcement Date	20-01-30	21-02-04	22-02-03	23-02-02	24-02-01	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	69.41	78.02	91.63	92.23	94.13	65.66	72.42
EBITDA	-	-	-	-	-	-	-
EBIT	21.59	24.07	30.42	-	-	-	-
Operating Margin	31.1%	30.85%	33.2%	-	-	-	-
Earnings before Tax (EBT) ¹	21.51	12.81	31.93	29.55	34.73	12.6	14.69
Net income ¹	17.88	11.25	24.04	22.39	24.52	9.9	11.52
Net margin	25.77%	14.41%	26.24%	24.28%	26.05%	15.08%	15.91%
EPS ²	3.600	2.130	4.370	4.040	4.480	1.795	2.097
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	1.040	1.160	1.200	1.260	1.320	1.320	1.320
Announcement Date	20-01-30	21-02-04	22-02-03	23-02-02	24-02-01	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2
Net sales ¹	24.38	20.93	22.66	24.96	23.68	21.44	20.38	19.81	32.5	16.17	16.16	16.48	16.84	17.15	17.88
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	8.105	6.472	7.88	9.164	-	-	-	-	-	-	-	-	-	-	-
Operating Margin	33.24%	30.92%	34.77%	36.72%	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	7.703	6.251	7.613	7.836	7.852	7.59	6.326	4.899	15.92	2.981	2.926	3.194	3.5	3.175	3.445
Net income ¹	5.899	4.748	5.734	5.864	6.043	5.8	4.932	3.618	10.17	2.334	2.3	2.512	2.756	2.47	2.708
Net margin	24.2%	22.68%	25.3%	23.5%	25.52%	27.05%	24.2%	18.26%	31.31%	14.43%	14.23%	15.24%	16.36%	14.4%	15.14%
EPS ²	1.060	0.8600	1.030	1.060	1.100	1.060	0.9000	0.6600	1.850	0.4200	0.4150	0.4550	0.5000	0.4533	0.4900
Dividend per Share ²	-	0.6200	-	0.6400	-	0.6600	-	0.6600	-	-	-	0.6600	-	0.6600	-
Announcement Date	22-02-03	22-04-27	22-07-27	22-10-26	23-02-02	23-04-27	23-07-27	23-10-26	24-02-01	24-04-30	-	-	-	-	-

¹USD in Million²USD

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	12.7%	7.06%	13.7%	13.5%	15.5%	5.57%	6.29%
ROA (Net income/ Total Assets)	1.23%	0.6%	1.12%	1.02%	1.14%	0.45%	0.51%
Assets ¹	1,454	1,874	2,147	2,195	2,151	2,225	2,273
Book Value Per Share ²	30.30	31.20	33.50	28.30	32.40	32.80	34.10
Cash Flow per Share	-	-	-	-	-	-	-
Capex	-	-	-	-	-	-	-
Capex / Sales	-	-	-	-	-	-	-
Announcement Date	20-01-30	21-02-04	22-02-03	23-02-02	24-02-01	-	-

¹USD in Million²USD

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Evans Bancorp, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

25.93 USD

Average target price

28.67 USD

Spread / Average Target

+10.55%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
EVANS BANCORP, INC.	-16.87%	142M
JPMORGAN CHASE & CO.	+16.11%	562B
BANK OF AMERICA CORPORATION	+13.69%	295B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+19.11%	249B
WELLS FARGO & COMPANY	+24.50%	213B
BANK OF CHINA LIMITED	+25.17%	170B
CHINA CONSTRUCTION BANK CORPORATION	+20.43%	169B
HSBC HOLDINGS PLC	+8.72%	167B
ROYAL BANK OF CANADA	+5.19%	144B
HDFC BANK LIMITED	-15.31%	135B

Other Banks