Evans Bancorp Reports Net Income of $2.3 Million In First Quarter 2024 [Yahoo! Finance]
Evans Bancorp, Inc. (EVBN)
NASDAQ:AMEX Investor Relations:
snl.com/irw/corporateprofile/100885
Company Research
Source: Yahoo! Finance
services company serving Western New York since 1920, today reported results of operations for the first quarter ended March 31, 2024. HIGHLIGHTS First quarter net interest margin of 2.79% expanded 4 basis points sequentially Total loan balances of $1.7 billion up $63 million, or 4%, year-over-year Robust loan pipeline of $95 million Total deposits of $1.9 billion increased $173 million, or 10%, in the quarter, and were up $41 million, or 2%, from the end of last year's first quarter Comparative periods include business activity relating to The Evans Agency (TEA) prior to the sale to Arthur J. Gallagher & Co. on November 30, 2023 Net income was $2.3 million, or $0.42 per diluted share, in the first quarter of 2024, compared with $10.2 million, or $1.85 per diluted share, in the fourth quarter of 2023 and $5.8 million, or $1.06 per diluted share, in last year's first quarter. Net income for the fourth quarter of 2023 included a gain of $14 million, net of taxes, from the
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EVBN
News
- Evans Bancorp, Inc. (AMEX:EVBN) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Evans Bancorp Reports Net Income of $2.3 Million In First Quarter 2024Business Wire
- Evans Bancorp Announces First Quarter 2024 Conference Call and WebcastBusiness Wire
- Evans Bancorp, Inc. Announces Semi-Annual Cash Dividend [Yahoo! Finance]Yahoo! Finance
- Evans Bancorp, Inc. Announces Semi-Annual Cash DividendBusiness Wire
EVBN
Earnings
- 4/30/24 - Miss
EVBN
Sec Filings
- 5/9/24 - Form 8-K
- 5/8/24 - Form 8-K
- 5/2/24 - Form 10-Q
- EVBN's page on the SEC website