Today, the Treasurer of Evans Bancorp (NYSE: EVBN), John Connerton, bought shares of EVBN for $38.38K.
This recent transaction increases John Connerton’s holding in the company by 39.57% to a total of $373.6K. Following John Connerton’s last EVBN Buy transaction on September 18, 2015, the stock climbed by 24.6%.
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Based on Evans Bancorp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $17.15 million and quarterly net profit of $3.32 million. In comparison, last year the company earned revenue of $14.44 million and had a net profit of $3.15 million. EVBN’s market cap is $224.3M and the company has a P/E ratio of 21.42. Currently, Evans Bancorp has an average volume of 649.
Three different firms, including Sandler O’Neill and SunTrust Robinson, currently also have a Buy rating on the stock.
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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.
