The Secretary of Evans Bancorp is Exercising Options


Today it was reported that the Secretary of Evans Bancorp (NYSE: EVBN), Robert G. Miller, exercised options to sell 679 EVBN shares at $12.99 a share, for a total transaction value of $32.25K.

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

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Based on Evans Bancorp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $17.89 million and quarterly net profit of $3.79 million. In comparison, last year the company earned revenue of $14.55 million and had a net profit of $2.62 million. EVBN’s market cap is $227.8M and the company has a P/E ratio of 19.61. Currently, Evans Bancorp has an average volume of 1,495.

In the last 30 days, insiders have sold $32.25K worth of EVBN shares and purchased $4,756 worth of EVBN shares. The insider sentiment on Evans Bancorp has been positive according to 35 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Robert G. Miller’s trades have generated a -7.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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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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