Kevin D. Maroney Sells 1384 Shares of Evans Bancorp,

November 11, 2022

Trending News ☀️

Evans Bancorp ($NYSEAM:EVBN), Inc. is a bank holding company that operates through its subsidiary, Evans Bank, N.A. The Company offers a range of personal and business banking services to customers in the Western New York market area. Evans Bancorp, Inc. stock has been on a bit of a roller coaster ride this year.

Market Price

So far, news coverage of the sale has been mostly positive. On Wednesday, EVANS BANCORP stock opened at $36.7 and closed at $36.6, down by 0.4% from the previous closing price of $36.7. Despite the slight dip in stock price, analysts believe that Maroney’s sale is a positive sign for the company.

Maroney is the President and CEO of Evans Bancorp, and his sale of shares indicates that he is confident in the future of the company. Investors should keep an eye on Evans Bancorp in the coming months as the company continues to grow and evolve.



VI Analysis

Companies like EVANS BANCORP that have strong fundamentals and are performing well in terms of growth, asset management, and profitability are of interest to investors. Companies that have a high health score in terms of cashflows and debt are also of interest as they are capable of paying off debt and funding future operations. EVANS BANCORP is classified as a ‘rhino’ company, which means it has achieved moderate revenue or earnings growth. Investors interested in such companies may be looking for stability and long-term potential.

VI 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 a regional bank headquartered in Hamburg, New York. The company operates through its subsidiary, Evans Bank, N.A. Evans Bancorp offers a range of banking services to individuals and businesses in Western New York. Since then, Evans Bancorp has grown steadily, expanding its footprint and product offerings.

Today, the company has branches in Erie and Niagara counties, and provides a full range of banking services, including personal and business banking, loans, mortgages, and more. The company has a strong presence in its markets and offers a full range of banking services.

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