A Director at Evans Bancorp is Exercising Options


Today it was reported that a Director at Evans Bancorp (EVBN), Robert G. Miller, exercised options to sell 223 EVBN shares at $12.99 a share, for a total transaction value of $7,860.

In addition to Robert G. Miller, 3 other EVBN executives reported Sell trades in the last month.

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Based on Evans Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $19.74 million and quarterly net profit of $3.72 million. In comparison, last year the company earned revenue of $17.15 million and had a net profit of $3.32 million. EVBN’s market cap is $171.6M and the company has a P/E ratio of 10.39. Currently, Evans Bancorp has an average volume of 125.

In the last 30 days, insiders have sold $496.3K worth of EVBN shares and purchased $160.3K worth of EVBN shares. The insider sentiment on Evans Bancorp has been neutral according to 35 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.

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Evans Bancorp, Inc. is a bank holding company, which engages in the provision of financial solutions. It operates through the Banking Activities and Insurance Agency Activities segments. The Banking Activities segment offers consumer and commercial banking services such as lending, deposits, annuities, and mutual funds.

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