Evans BancorpEVBN
About: Evans Bancorp Inc is a financial holding company. Through its subsidiaries, it provides various banking services to consumers and commercial customers in the USA. The firm operates in two segments, Banking Activities and Insurance Agency Activities. The banking business segment includes both commercial and consumer banking services, including lending and depository services and offering non-deposit investment products, such as annuities and mutual funds. The insurance agency segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability and long-term care coverage, and providing claims adjusting services to various insurance companies.
Employees: 300
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
34% more capital invested
Capital invested by funds: $92.2M [Q2] → $123M (+$31.1M) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
2.11% less ownership
Funds ownership: 59.42% [Q2] → 57.31% (-2.11%) [Q3]
3% less funds holding
Funds holding: 64 [Q2] → 62 (-2) [Q3]
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
64% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 22
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Keefe, Bruyette & Woods Christopher O'Connell 70% 1-year accuracy 16 / 23 met price target | 3%upside $46 | Market Perform Maintained | 1 Nov 2024 |
Financial journalist opinion
