Evans Bancorp (NYSEAMERICAN:EVBN) Trading Up 2.3% – Here’s What Happened

Evans Bancorp, Inc. (NYSEAMERICAN:EVBN)’s stock price traded up 2.3% during mid-day trading on Monday . The stock traded as high as $39.68 and last traded at $39.49. Approximately 34,406 shares changed hands during trading, an increase of 82% from the average daily volume of 18,864 shares. The stock had previously closed at $38.60.

Evans Bancorp Stock Performance

The stock has a market capitalization of $218.77 million, a price-to-earnings ratio of 11.86 and a beta of 0.92. The stock’s 50 day moving average is $39.49 and its 200 day moving average is $39.49. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.86.

Evans Bancorp Company Profile

Evans Bancorp, Inc is the bank holding company for Evans Bank, a New York-chartered commercial bank headquartered in East Aurora, New York. Through its subsidiary, the company provides a full range of financial services, including deposit accounts, consumer and residential mortgage lending, and commercial lending solutions. Evans Bancorp operates under the regulatory supervision of the Federal Reserve and the New York State Department of Financial Services.

Evans Bank’s product portfolio encompasses checking and savings accounts, certificates of deposit, and money market accounts designed for both individual customers and small- to mid-sized businesses.