Evans Interest Expense from 2010 to 2024

EVBN Stock  USD 44.60  0.86  1.97%   
Evans Bancorp Interest Expense yearly trend continues to be very stable with very little volatility. Interest Expense is likely to grow to about 37.4 M this year. Interest Expense is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. View All Fundamentals
 
Interest Expense  
First Reported
2000-03-31
Previous Quarter
13.5 M
Current Value
13.7 M
Quarterly Volatility
2.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Evans Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evans Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 37.4 M or Selling And Marketing Expenses of 715.5 K, as well as many indicators such as Price To Sales Ratio of 1.74, Dividend Yield of 0.0232 or PTB Ratio of 1.49. Evans financial statements analysis is a perfect complement when working with Evans Bancorp Valuation or Volatility modules.
  
Check out the analysis of Evans Bancorp Correlation against competitors.
To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.

Latest Evans Bancorp's Interest Expense Growth Pattern

Below is the plot of the Interest Expense of Evans Bancorp over the last few years. It is the cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit. Evans Bancorp's Interest Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Evans Bancorp's overall financial position and show how it may be relating to other accounts over time.
Interest Expense10 Years Trend
Slightly volatile
   Interest Expense   
       Timeline  

Evans Interest Expense Regression Statistics

Arithmetic Mean10,253,391
Geometric Mean7,364,039
Coefficient Of Variation106.96
Mean Deviation7,332,124
Median5,731,000
Standard Deviation10,966,671
Sample Variance120.3T
Range33.8M
R-Value0.66
Mean Square Error72.8T
R-Squared0.44
Significance0.01
Slope1,623,201
Total Sum of Squares1683.8T

Evans Interest Expense History

202437.4 M
202335.6 M
20226.5 M
20214.8 M
20209.1 M
201912.7 M
20189.5 M

About Evans Bancorp Financial Statements

Evans Bancorp investors utilize fundamental indicators, such as Interest Expense, to predict how Evans Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Expense35.6 M37.4 M

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

  0.84AX Axos FinancialPairCorr
  0.84BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr

Moving against Evans Stock

  0.48TFC-PO Truist FinancialPairCorr
  0.48CFG-PE Citizens FinancialPairCorr
  0.45TFC-PR Truist FinancialPairCorr
  0.31WF Woori Financial GroupPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Evans Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evans Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evans Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evans Bancorp Stock:
Check out the analysis of Evans Bancorp Correlation against competitors.
To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.