Initiates Coverage on Evans Bancorp (NYSE:EVBN) started coverage on shares of Evans Bancorp (NYSE:EVBNGet Rating) in a research report released on Monday. The firm issued a buy rating on the stock.

EVBN opened at $38.16 on Monday. Evans Bancorp has a twelve month low of $33.56 and a twelve month high of $44.47. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.93 and a current ratio of 0.93. The business’s fifty day moving average price is $39.45. The firm has a market capitalization of $209.79 million, a PE ratio of 8.91 and a beta of 1.06.

Evans Bancorp Company Profile (Get Rating)

Evans Bancorp, Inc is a bank holding company, which engages in the provision of financial solutions. It operates through the Banking Activities and Insurance Agency Activities segments. The Banking Activities segment offers consumer and commercial banking services such as lending, deposits, annuities, and mutual funds.

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