Evans Bancorp dividend yield – Evans Bancorp Inc Announces 0.66 Cash Dividend
March 19, 2023
Dividends Yield
Evans Bancorp ($NYSEAM:EVBN) Inc. announced a cash dividend of 0.66 per share on March 1, 2023. This marks the third consecutive year of a consistent annual dividend per share of USD 1.26. This dividend yield is 3.2% per year, which is on average for this period from 2021 to 2023. If you are in the market for dividend stocks, EVANS BANCORP may be an attractive option for you, with an ex-dividend date of March 9, 2023. EVANS BANCORP has a history of giving out consistent dividends and has done so for the past three years.
This cash dividend is another example of their commitment to their shareholders as they continue to provide a steady stream of income. Investors looking for a safe and reliable source of income should look to EVANS BANCORP as a potential option. The company has proven to be a reliable source of dividends over the past 3 years, making it an attractive option for those seeking long-term stability and income. With an ex-dividend date of March 9, 2023 and an average dividend yield of 3.2%, EVANS BANCORP provides investors with an excellent option for generating steady income and long-term capital gains.
Market Price
The company’s stock opened on Wednesday at $38.7 and closed the day at $38.6, a decrease of 0.9% from the prior closing price of $39.0. This marks the fourth consecutive quarter in which the company has declared a cash dividend. The company serves customers in Western New York, providing banking, financial and insurance services. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Evans Bancorp. More…
| Total Revenues | Net Income | Net Margin |
| – | 22.39 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Evans Bancorp. More…
| Operations | Investing | Financing |
| 26.41 | -236.57 | -11.56 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Evans Bancorp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.18k | 2.02k | – |
Key Ratios Snapshot
Some of the financial key ratios for Evans Bancorp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.6% | – | – |
| FCF Margin | ROE | ROA |
| – | – | – |
Analysis – Evans Bancorp Stock Fair Value
At GoodWhale, we have conducted an analysis of EVANS BANCORP‘s fundamentals and have found that the fair value of their share is around $36.5. This was calculated using our proprietary Valuation Line. Currently, the stock is trading at $38.6, making it a fair price albeit slightly overvalued by 5.9%. More…
Peers
The competition between Evans Bancorp Inc and its competitors is fierce. Each company is striving to be the best in the industry, and they are all working hard to improve their products and services. This competition is good for consumers, as it helps to keep prices down and quality up. It is also good for the economy, as it encourages innovation and creativity.
– Credit Agricole Alpes Provence ($LTS:0O3R)
Credit Agricole Alpes Provence has a market cap of 427.48M as of 2022. The company is a financial institution that provides banking and insurance services to individuals, businesses, and public entities in France. It operates through three segments: Retail Banking, Corporate and Investment Banking, and Insurance. The Retail Banking segment offers products and services to individuals, including savings and checking accounts, loans, credit cards, and investment products. The Corporate and Investment Banking segment provides financing, banking, and advisory services to corporate and institutional clients. The Insurance segment offers life, property and casualty, and health insurance products.
– Intercorp Financial Services Inc ($NYSE:IFS)
Intercorp Financial Services Inc is a Peruvian holding company engaged in the insurance, banking, and pension businesses. As of December 31, 2020, the Company had total assets of PEN 62.9 billion (US$17.5 billion), total loans of PEN 39.4 billion (US$10.9 billion), and total deposits of PEN 45.6 billion (US$12.6 billion).
– Renasant Corp ($NASDAQ:RNST)
Renasant Corp is a bank holding company that operates through its subsidiaries. The Company’s segments include Banking, Insurance, and Wealth Management. The Banking segment provides a range of banking and lending services to individuals and businesses through its network of over 150 banking offices located in Mississippi, Tennessee, Alabama, and Georgia. The Insurance segment offers property and casualty, life, and health insurance products through its insurance subsidiaries. The Wealth Management segment provides asset management, trust, and other fiduciary services through its subsidiary.
Summary
EVANS BANCORP is an attractive investment option for those seeking steady returns. Over the past three years, the company has maintained a consistent dividend per share of USD 1.26, making it an ideal pick for income investors. Its dividend yield of 3.2% per year from 2021 to 2023 is a reliable source of income, and the company has a solid financial position with good liquidity and low leverage. All these factors make EVANS BANCORP a great choice for long-term investors, who can expect consistent returns over time.
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