Evans Bancorp Ownership

EVBN Stock  USD 43.74  0.39  0.88%   
The market capitalization of Evans Bancorp is $242.37 Million. Over half of Evans Bancorp's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Note, that even with substantial debt, if the true value of the firm is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
 
Shares in Circulation  
First Issued
2000-03-31
Previous Quarter
5.5 M
Current Value
5.5 M
Avarage Shares Outstanding
3.9 M
Quarterly Volatility
1.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Some institutional investors establish a significant position in stocks such as Evans Bancorp in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Evans Bancorp, and when they decide to sell, the stock will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
At this time, Evans Bancorp's Dividends Paid is very stable compared to the past year. As of the 4th of December 2024, Dividend Payout Ratio is likely to grow to 0.45, while Dividend Yield is likely to drop 0.02. As of the 4th of December 2024, Net Income Applicable To Common Shares is likely to grow to about 27 M, while Common Stock Shares Outstanding is likely to drop about 4 M.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evans Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.

Evans Stock Ownership Analysis

About 55.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.3. Some equities with similar Price to Book (P/B) outperform the market in the long run. Evans Bancorp last dividend was issued on the 12th of September 2024. The entity had 105:100 split on the 10th of November 2005. Evans Bancorp, Inc. primarily operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York and the Finger Lakes Region of New York State. Evans Bancorp, Inc. was founded in 1920 and is headquartered in Williamsville, New York. Evans Bancorp operates under BanksRegional classification in the United States and is traded on AMEX Exchange. It employs 378 people. To learn more about Evans Bancorp call David Nasca at 716 926 2000 or check out https://www.evansbancorp.com.
Besides selling stocks to institutional investors, Evans Bancorp also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Evans Bancorp's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Evans Bancorp's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

Evans Bancorp Quarterly Liabilities And Stockholders Equity

2.28 Billion

Evans Bancorp Insider Trades History

Roughly 4.0% of Evans Bancorp are currently held by insiders. Unlike Evans Bancorp's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Evans Bancorp's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Evans Bancorp's insider trades
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Evans Bancorp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Evans Bancorp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Evans Bancorp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Evans Bancorp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
John Connerton six days ago
Disposition of 1320 shares by John Connerton of Evans Bancorp at 44.92 subject to Rule 16b-3
 
John Connerton over a week ago
Disposition of 2520 shares by John Connerton of Evans Bancorp at 36.12 subject to Rule 16b-3
 
Sullivan Nora B over a month ago
Acquisition by Sullivan Nora B of 679 shares of Evans Bancorp at 30.21 subject to Rule 16b-3
 
Pl Capital Advisors, Llc over three months ago
Acquisition by Pl Capital Advisors, Llc of 6680 shares of Evans Bancorp at 32.8113 subject to Rule 16b-3
 
Pl Capital Advisors, Llc over six months ago
Acquisition by Pl Capital Advisors, Llc of 20146 shares of Evans Bancorp at 25.8157 subject to Rule 16b-3
 
Pl Capital Advisors, Llc over six months ago
Acquisition by Pl Capital Advisors, Llc of 21061 shares of Evans Bancorp at 26.1234 subject to Rule 16b-3
 
Pl Capital Advisors, Llc over six months ago
Acquisition by Pl Capital Advisors, Llc of 2776 shares of Evans Bancorp at 27.75 subject to Rule 16b-3
 
Aaron Whitehouse over six months ago
Insider Trading
 
John Connerton over six months ago
Disposition of tradable shares by John Connerton of Evans Bancorp at 29.84 subject to Rule 16b-3
 
David Nasca over six months ago
Disposition of 229 shares by David Nasca of Evans Bancorp at 29.81 subject to Rule 16b-3
 
David Nasca over six months ago
Disposition of 2813 shares by David Nasca of Evans Bancorp at 29.06 subject to Rule 16b-3
 
Aaron Whitehouse over six months ago
Acquisition by Aaron Whitehouse of 534 shares of Evans Bancorp subject to Rule 16b-3

Evans Bancorp Outstanding Bonds

Evans Bancorp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Evans Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Evans bonds can be classified according to their maturity, which is the date when Evans Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Evans Bancorp Corporate Filings

F4
27th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
10Q
8th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
7th of November 2024
Other Reports
ViewVerify

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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evans Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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.