evans is a full-service financial institution that provides comprehensive community banking services to consumer, business, and municipal customers throughout western new york. with fourteen neighborhood banking offices and nearly 100 years of local management, our values are rooted in the community and relationships you can trust. through our wholly-owned subsidiary, the evans agency, llc provides property and casualty insurance for you and your business through seven insurance offices. our affiliate, evans investment services, inc. provides non-deposit investment and wealth management services. evans is here to help you find a better way for your personal or business banking, insurance, and wealth management needs. contact us or visit any of our locations for more information on our products and services.
Company profile
Ticker
EVBN
Exchange
Website
CEO
David John Nasca
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Evans National Financial Services, LLC • The Evans Agency, LLC • Frontier Claims Services, Inc. • Evans National Holding Corp. • Evans National Leasing, Inc. • MMS Merger Sub, Inc. ...
IRS number
161332767
EVBN stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
25 Mar 24
DEF 14A
Definitive proxy
25 Mar 24
10-K
2023 FY
Annual report
4 Mar 24
8-K
Regulation FD Disclosure
21 Feb 24
8-K
Departure of Directors or Certain Officers
14 Feb 24
8-K
Evans Bancorp Reports Net Income of $24.5 Million
1 Feb 24
8-K/A
Financial Statements and Exhibits
6 Dec 23
8-K
Entry into a Material Definitive Agreement
1 Dec 23
8-K
Regulation FD Disclosure
15 Nov 23
8-K
Entry into a Material Definitive Agreement
9 Nov 23
Transcripts
EVBN
Earnings call transcript
2023 Q4
1 Feb 24
EVBN
Earnings call transcript
2023 Q3
26 Oct 23
EVBN
Earnings call transcript
2023 Q2
27 Jul 23
EVBN
Earnings call transcript
2023 Q1
27 Apr 23
EVBN
Earnings call transcript
2022 Q4
2 Feb 23
EVBN
Earnings call transcript
2022 Q3
27 Oct 22
EVBN
Earnings call transcript
2022 Q2
28 Jul 22
EVBN
Earnings call transcript
2022 Q1
28 Apr 22
EVBN
Earnings call transcript
2021 Q4
4 Feb 22
EVBN
Earnings call transcript
2021 Q3
31 Oct 21
Latest ownership filings
3
RICHARD J LASHLEY
18 Apr 24
3
Kenneth D Pawlak
28 Mar 24
4
DAVID J NASCA
22 Mar 24
4
John B Connerton
22 Mar 24
4
John B Connerton
21 Mar 24
4
DAVID J NASCA
21 Mar 24
4
DAVID J NASCA
21 Mar 24
4
John B Connerton
21 Mar 24
4
John B Connerton
19 Mar 24
144
Notice of proposed sale of securities
19 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 25.29 mm | 25.29 mm | 25.29 mm | 25.29 mm | 25.29 mm | 25.29 mm |
Cash burn (monthly) | 79.00 k | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 544.24 k | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 24.75 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 313.3 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
67.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 54 |
Opened positions | 19 |
Closed positions | 6 |
Increased positions | 13 |
Reduced positions | 14 |
13F shares | Current |
---|---|
Total value | 83.36 bn |
Total shares | 3.73 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
FJ Capital Management | 540.23 k | $13.47 bn |
PL Capital Advisors | 522.65 k | $13.03 bn |
BLK Blackrock | 320.49 k | $7.99 bn |
MFC Manulife Financial | 300.98 k | $11.25 mm |
Manufacturers Life Insurance Company, The | 295.91 k | $7.38 bn |
Vanguard | 274.35 k | $6.84 bn |
Alliancebernstein | 226.38 k | $5.64 bn |
Dimensional Fund Advisors | 179.62 k | $4.48 bn |
Fourthstone | 162.00 k | $4.04 bn |
Endeavour Capital Advisors | 158.65 k | $3.96 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
22 Mar 24 | John B Connerton | Common Stock | Payment of exercise | Dispose F | No | No | 29.84 | 93 | 2.78 k | 16,721.63 |
22 Mar 24 | Nasca David J | Common Stock | Payment of exercise | Dispose F | No | No | 29.76 | 383 | 11.40 k | 96,805.39 |
21 Mar 24 | John B Connerton | Common Stock | Option exercise | Acquire M | No | No | 30.09 | 313 | 9.42 k | 16,814.63 |
21 Mar 24 | John B Connerton | RSU Common Stock | Option exercise | Dispose M | No | No | 30.09 | 313 | 9.42 k | 626 |
21 Mar 24 | Nasca David J | Common Stock | Option exercise | Acquire M | No | No | 30.09 | 798 | 24.01 k | 97,188.39 |
21 Mar 24 | Nasca David J | RSU Common Stock | Option exercise | Dispose M | No | No | 30.09 | 798 | 24.01 k | 1,596 |
19 Mar 24 | John B Connerton | RSU Common Stock | Grant | Acquire A | No | No | 0 | 1,196 | 0.00 | 1,196 |
19 Mar 24 | John B Connerton | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,480 | 0.00 | 3,480 |
News
Piper Sandler Downgrades Evans Bancorp to Neutral, Announces $32 Price Target
2 Feb 24
Evans Bancorp Q4 EPS $1.85 Beats $0.45 Estimate, Sales $32.50M Beat $17.67M Estimate
1 Feb 24
Evans Bancorp Q4 EPS $1.85 Beats $0.45 Estimate
1 Feb 24
Earnings Scheduled For February 1, 2024
1 Feb 24
A Preview Of Evans Bancorp's Earnings
31 Jan 24