Evans Bancorp Stock Net Income
| EVBN Stock | USD 44.92 0.76 1.72% |
Evans Bancorp fundamentals help investors to digest information that contributes to Evans Bancorp's financial success or failures. It also enables traders to predict the movement of Evans Stock. The fundamental analysis module provides a way to measure Evans Bancorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Evans Bancorp stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 24.5 M | 25.8 M | |
| Net Income Applicable To Common Shares | 25.7 M | 27 M | |
| Net Income From Continuing Ops | 24.5 M | 14.6 M | |
| Net Income Per Share | 4.49 | 4.72 | |
| Net Income Per E B T | 0.71 | 1.07 |
Evans | Net Income |
Evans Bancorp Company Net Income Analysis
Evans Bancorp's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Evans Bancorp Net Income | 24.52 M |
Most of Evans Bancorp's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Evans Bancorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Evans Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Evans Bancorp is extremely important. It helps to project a fair market value of Evans Stock properly, considering its historical fundamentals such as Net Income. Since Evans Bancorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Evans Bancorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Evans Bancorp's interrelated accounts and indicators.
Evans Net Income Historical Pattern
Today, most investors in Evans Bancorp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Evans Bancorp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Evans Bancorp net income as a starting point in their analysis.
Evans Bancorp Net Income |
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Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Evans Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Evans Bancorp reported net income of 24.52 M. This is 98.08% lower than that of the Banks sector and significantly higher than that of the Financials industry. The net income for all United States stocks is 95.7% higher than that of the company.
Evans Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evans Bancorp's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Evans Bancorp could also be used in its relative valuation, which is a method of valuing Evans Bancorp by comparing valuation metrics of similar companies.Evans Bancorp is currently under evaluation in net income category among its peers.
Evans Bancorp Current Valuation Drivers
We derive many important indicators used in calculating different scores of Evans Bancorp from analyzing Evans Bancorp's financial statements. These drivers represent accounts that assess Evans Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Evans Bancorp's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 196.4M | 144.1M | 219.5M | 205.5M | 172.0M | 180.6M | |
| Enterprise Value | 185.5M | 139.9M | 52.6M | 430.4M | 338.4M | 355.3M |
Evans Bancorp ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Evans Bancorp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Evans Bancorp's managers, analysts, and investors.Environmental | Governance | Social |
Evans Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0083 | ||||
| Profit Margin | 0.22 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 302.1 M | ||||
| Shares Outstanding | 5.54 M | ||||
| Shares Owned By Insiders | 3.93 % | ||||
| Shares Owned By Institutions | 55.45 % | ||||
| Number Of Shares Shorted | 16.2 K | ||||
| Price To Earning | 13.14 X | ||||
| Price To Book | 1.32 X | ||||
| Price To Sales | 2.98 X | ||||
| Revenue | 94.13 M | ||||
| Gross Profit | 89.49 M | ||||
| EBITDA | 367 K | ||||
| Net Income | 24.52 M | ||||
| Cash And Equivalents | 6.81 M | ||||
| Cash Per Share | 1.25 X | ||||
| Total Debt | 189.84 M | ||||
| Debt To Equity | 9.29 % | ||||
| Book Value Per Share | 33.93 X | ||||
| Cash Flow From Operations | 15.52 M | ||||
| Short Ratio | 0.48 X | ||||
| Earnings Per Share | 3.35 X | ||||
| Target Price | 45.5 | ||||
| Number Of Employees | 300 | ||||
| Beta | 0.95 | ||||
| Market Capitalization | 244.69 M | ||||
| Total Asset | 2.11 B | ||||
| Retained Earnings | 138.63 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.02 % | ||||
| Net Asset | 2.11 B | ||||
| Last Dividend Paid | 1.32 |
About Evans Bancorp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Evans Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evans Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evans Bancorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Evans Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evans Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evans Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Evans Stock
| 0.66 | AX | Axos Financial | PairCorr |
| 0.67 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.78 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Evans Stock
The ability to find closely correlated positions to Evans Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evans Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evans Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evans Bancorp to buy it.
The correlation of Evans Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evans Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evans Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evans Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Evans Bancorp Piotroski F Score and Evans Bancorp Altman Z Score analysis. To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evans Bancorp. If investors know Evans will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evans Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 1.32 | Earnings Share 3.35 | Revenue Per Share 14.907 | Quarterly Revenue Growth (0.1) |
The market value of Evans Bancorp is measured differently than its book value, which is the value of Evans that is recorded on the company's balance sheet. Investors also form their own opinion of Evans Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Evans Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evans Bancorp's market value can be influenced by many factors that don't directly affect Evans Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evans Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evans Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evans Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.