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How to Buy Evans Bancorp Stock

Evans Bancorp Inc

Evans Bancorp, Inc. is a bank holding company, which engages in the provision of financial solutions. The company is headquartered in Hamburg, New York and currently employs 237 full-time employees.

Evans Bancorp stock last closed at $29.30, up 1.45% from the previous day, and has decreased 14.08% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.28 percentage points. Evans Bancorp stock is currently +26.29% from its 52-week low of $23.20, and -14.55% from its 52-week high of $34.29.

As of Mar 27, 2024, there are 5.51M EVBN shares outstanding. The market cap of EVBN is $161.40M. In the last 24 hours, 10,953 EVBN shares were traded.

How to Buy Evans Bancorp Stock

Not sure how to invest in Evans Bancorp stock? Here's how.
  1. Decide where to buy Evans Bancorp stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Evans Bancorp stock.
  2. Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your method of payment and add your details.
  4. Research Evans Bancorp stock: The Evans Bancorp ticker symbol is EVBN. Is Evans Bancorp stock a good investment? Should you buy shares of EVBN? How do EVBN's underlying business fundamentals look? Do top analysts think Evans Bancorp is a good buy? Why has EVBN's stock price moved recently? (Hint: Our stock analysis website can help you understand if EVBN is a good stock to buy).
  5. Place your EVBN buy order: Decide if you will purchase EVBN shares at the current market price or use a limit order to purchase EVBN stock at a given price.
  6. Get updates on your EVBN position: Create a watchlist to important notifications about your new investment in Evans Bancorp shares.

Step 1: Decide where to buy Evans Bancorp stock

You need a brokerage account in order to access the NYSEMKT market and buy EVBN shares.

A brokerage account is an investment account that enables you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal information so you can buy EVBN stock today.

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Step 3: Deposit funds into your brokerage account

Now that you've created your account on one of the most highly reviewed stock market apps, you need to deposit funds:

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Step 4: Research Evans Bancorp stock

Once you have chosen the best place to buy Evans Bancorp stock, it's critical to analyze their stock prior to investing, so you actually understand the risk and upside.

Evans Bancorp Numbers

EVBN Price
$29.30
1w %
-0.51%
1y %
-14.08%
5y %
-18.13%
P/E
6.53x
P/B
0.91x
P/S
1.7x
PEG
1.57x
Revenue
$94.11M
Earnings
$24.52M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$161.40M
Next Earnings
Apr 25, 2024
Next Dividend
Apr 9, 2024

Fundamentals of Evans Bancorp

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.

You can view all of the due diligence checks on EVBN's stock page.

Is EVBN stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge EVBN's true value.

Using relative valuations measures:

  • EVBN could be undervalued based on its P/E ratio of 6.53x, relative to Banks - Regional industry P/E ratio of -10.57x
  • EVBN may be undervalued based on its P/B ratio of 0.91x, relative to Banks - Regional industry P/B ratio of 1.02x
  • EVBN may be overvalued based on its PEG ratio of 1.57x

You can do more valuation analysis on EVBN's stock here.

EVBN Financials at a glance

Pros:

  • EVBN profit margin has gone up from 25% to 26.1% in the past year.
  • EVBN earnings of $34.73M is not enough to cover its interest payments.

Cons:

  • EVBN has a relatively high debt to equity ratio of 10.83.
  • Total EVBN debt is higher than 5 years ago, relative to shareholder equity.
  • EVBN's operating cash flow of $15.70M allows it to safely service it's debt of $189.84M.

Is it a good time to buy Evans Bancorp stock, according to Wall Street analysts?

Out of 2 sell side analysts who give recommendations on EVBN, the consensus analyst rating on EVBN is a Hold

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Evans Bancorp stock forecast page.

EVBN Technicals

SMA10
29.26
SMA20
29.35
SMA50
29.45
SMA100
29.23
SMA200
28.21
MACD
-0.07
MACD Signal
-0.05
MACD Histogram
-0.01
RSI
49.93
Stochastic %K
15.78
Stochastic %D
25.18
StochRSI %K
25.99
StochRSI %D
35.39

EVBN Growth Metrics

Last year, EVBN earnings were $24.52M. Over the past five year, EVBN's earnings have grown by 5.72% per year. This was slower than the Banks - Regional industry average of 15.73%.

Last year, EVBN revenue was $94.11M. In the past 5 year, EVBN's revenue has gone up by 8.73% per year. This was faster than the Banks - Regional industry average of 7.21%.

You can analyze EVBN's earnings and revenue performance here.

What are EVBN insiders up to?

Over the past year, insiders at EVBN have bought more shares than they have sold.

John B. Connerton, Treasurer of EVBN, was the latest EVBN insider to sell. They sold $2,775.12 worth of EVBN stock on Mar 22, 2024.

Research more about who owns EVBN shares here.

Does EVBN provide a stable income stream?

Evans Bancorp pays a dividend of 4.51%, compared to the Banks - Regional industry's average dividend yield of 3.66%. If you owned $1,000 of EVBN stock, you would have received $45.05 in the past year.

Evans Bancorp dividend payments have consistently grown over the past decade and have remained stable.

Get more analysis about Evans Bancorp dividend yield and history here.

EVBN Social Trading Data

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Step 5: Place your EVBN buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.

Click the Open Trade button and your broker will place your order.

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Step 6: Get updates on your EVBN position

Now that you own some shares in EVBN, you'll want to stay up-to-date on your new company.

Add EVBN to a watchlist to keep track of your EVBN stock.

EVBN Feed

No news
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How to Buy Stock in Evans Bancorp

To reiterate, here are the 6 steps to buy stock in Evans Bancorp:

  1. Decide where to buy Evans Bancorp stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Research Evans Bancorp stock
  5. Place your EVBN buy order
  6. Get updates on your EVBN position

If you are looking for a brokerage, eToro is our recommended option.

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If you want to keep track of your investment in Evans Bancorp, add EVBN to your watchlist below.

NYSEMKT: EVBN
$29.30+0.42 (+1.45%)
Updated Mar 27, 2024
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NYSEMKT: EVBN
$29.30+0.42 (+1.45%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Evans Bancorp share?

As of Mar 27, 2024, it costs $29.30 to buy one share of Evans Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.341 shares of EVBN.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Evans Bancorp stock?

According to 2 Wall Street analysts who monitor Evans Bancorp, their consensus recommendation is to hold Evans Bancorp stock.

What is the best way to buy Evans Bancorp stock?

One way to place an order for Evans Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.