Evans Bancorp Inc - Understand $evbn stock

$EVBN Market Cap: $247.1 Million

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Financial Snapshot

Revenue

$511.0K

TTM

Gross Margin

Net Earnings

$18.40M

TTM

Current Assets

Current Liabilities

$12.60M

Q3 2024

Current Ratio

Total Assets

$2.280B

Q3 2024

Total Liabilities

$2.094B

Q3 2024

Book Value

$185.8M

Q3 2024

Cash

$128.1M

Q3 2024

P/E

13.43

Nov 29, 2024 EST

Free Cash Flow

$7.118M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	$10.26M	$10.45M	$77.58M	$68.83M	$64.74M	$57.61M	$47.75M	$6.519M
YoY Change	-1.84%	-86.53%	12.71%	6.32%	12.37%	20.66%	632.44%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$10.26M	$10.45M	$77.58M	$68.83M	$64.74M	$57.61M	$47.75M	$6.519M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$5.959M	$5.187M	$5.376M	$5.234M	$4.124M	$3.394M	$2.881M
YoY Change	14.88%	-3.52%	2.71%	26.92%	21.51%	17.81%
% of Gross Profit
Depreciation & Amortization	$1.700M	$1.700M	$1.800M	$1.600M	$1.300M	$1.200M	$1.200M	$1.200M
YoY Change	0.0%	-5.56%	12.5%	23.08%	8.33%	0.0%	0.0%
% of Gross Profit
Operating Expenses	$5.959M	$5.187M	$5.376M	$5.234M	$4.124M	$3.394M	$2.881M
YoY Change	14.88%	-3.52%	2.71%	26.92%	21.51%	17.81%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$35.64M	$6.527M	$4.795M	$9.051M	$12.69M	$9.505M	$5.731M
YoY Change	446.07%	36.12%	-47.02%	-28.65%	33.46%	65.85%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Pretax Income	$34.73M	$29.55M	$31.93M	$12.81M	$22.24M	$18.64M	$15.69M	$10.20M	$11.61M	$8.890M	$9.590M	$11.88M	$8.700M	$7.080M	$100.0K	$7.000M	$4.420M	$6.760M	$6.580M	$5.910M	$5.290M	$4.800M	$3.690M	$4.010M	$2.640M	$2.780M
YoY Change	17.52%	-7.44%	149.27%	-42.42%	19.33%	18.81%	53.8%	-12.14%	30.6%	-7.3%	-19.28%	36.55%	22.88%	6980.0%	-98.57%	58.37%	-34.62%	2.74%	11.34%	11.72%	10.21%	30.08%	-7.98%	51.89%	-5.04%	9.88%
Income Tax	$10.21M	$7.163M	$7.883M	$1.562M	$5.228M	$2.283M	$5.209M	$1.920M	$3.770M	$700.0K	$1.730M	$3.750M	$2.580M	$2.240M	-$600.0K	$2.090M	$1.050M	$1.840M	$1.760M	$1.400M	$1.220M	$1.190M	$1.110M	$780.0K	$610.0K	$740.0K
% Of Pretax Income	29.39%	24.24%	24.69%	12.2%	23.51%	12.25%	33.2%	18.82%	32.47%	7.87%	18.04%	31.57%	29.66%	31.64%	-600.0%	29.86%	23.76%	27.22%	26.75%	23.69%	23.06%	24.79%	30.08%	19.45%	23.11%	26.62%
Net Earnings	$24.52M	$22.39M	$24.04M	$11.25M	$17.01M	$16.36M	$10.48M	$8.270M	$7.840M	$8.190M	$7.860M	$8.130M	$6.110M	$4.840M	$710.0K	$4.910M	$3.370M	$4.920M	$4.820M	$4.510M	$4.070M	$3.610M	$2.580M	$3.230M	$2.030M	$2.040M
YoY Change	9.54%	-6.87%	113.69%	-33.86%	3.97%	56.11%	26.72%	5.48%	-4.27%	4.2%	-3.32%	33.06%	26.24%	581.69%	-85.54%	45.7%	-31.5%	2.07%	6.87%	10.81%	12.74%	39.92%	-20.12%	59.11%	-0.49%	13.33%
Net Earnings / Revenue	239.0%	214.19%	30.99%	16.34%	26.27%	28.4%	21.95%	126.86%
Basic Earnings Per Share	$4.49	$4.07	$4.41	$2.15	$3.47	$3.40	$2.21
Diluted Earnings Per Share	$4.48	$4.04	$4.37	$2.13	$3.42	$3.32	$2.16	$1.897M	$1.819M	$1.923M	$1.854M	$1.954M	$1.490M	$1.337M	$254.5K	$1.779M	$1.230M	$1.802M	$1.772M	$1.652M	$1.507M	$1.342M	$966.3K	$1.272M	$825.2K	$829.3K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$19.18M	$21.39M	$22.60M	$24.60M	$17.50M	$10.50M	$10.60M	$11.30M	$11.10M	$10.20M	$11.20M	$11.40M	$10.50M	$10.80M	$9.300M	$9.900M	$8.400M	$8.700M	$8.200M	$7.700M	$6.000M	$5.300M	$4.100M	$3.800M	$3.800M	$3.700M
YoY Change	-10.35%	-5.35%	-8.13%	40.57%	66.67%	-0.94%	-6.19%	1.8%	8.82%	-8.93%	-1.75%	8.57%	-2.78%	16.13%	-6.06%	17.86%	-3.45%	6.1%	6.49%	28.33%	13.21%	29.27%	7.89%	0.0%	2.7%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets				$7.700M	$4.000M	$4.400M	$4.500M	$7.300M	$6.900M	$7.700M	$6.100M	$4.900M	$5.300M	$5.400M	$3.900M	$2.900M	$2.100M	$3.200M	$2.500M	$1.200M	$200.0K	$100.0K	$1.000M	$1.300M	$700.0K
YoY Change				92.5%	-9.09%	-2.22%	-38.36%	5.8%	-10.39%	26.23%	24.49%	-7.55%	-1.85%	38.46%	34.48%	38.1%	-34.38%	28.0%	108.33%	500.0%	100.0%	-90.0%	-23.08%	85.71%
Total Long-Term Assets
YoY Change
Total Assets	$2.109B	$2.179B	$2.211B	$2.044B	$1.460B	$1.388B	$1.296B	$1.101B	$939.1M	$846.8M	$833.5M	$809.7M	$740.9M	$671.5M	$619.4M	$529.0M	$442.7M	$473.9M	$468.5M	$429.0M	$334.7M	$288.7M	$248.7M	$224.5M	$198.8M	$174.1M
YoY Change
Accounts Payable				$6.600M	$5.900M	$5.900M	$3.800M	$3.700M	$3.000M	$5.200M	$4.700M
YoY Change				11.86%	0.0%	55.26%	2.7%	23.33%	-42.31%	10.64%
Accrued Expenses	$4.063M	$4.723M	$5.200M	$5.700M	$4.200M
YoY Change	-13.97%	-9.17%	-8.77%	35.71%
Deferred Revenue
YoY Change
Short-Term Debt	$9.475M	$7.147M	$4.100M	$4.100M	$2.400M	$3.100M	$9.300M	$10.20M	$10.80M	$13.80M	$13.40M	$12.10M	$9.000M	$5.200M	$5.500M	$6.300M	$3.800M	$9.000M	$9.000M	$7.300M	$30.80M	$14.70M	$13.70M	$8.300M	$8.700M	$9.200M
YoY Change	32.57%	74.32%	0.0%	70.83%	-22.58%	-66.67%	-8.82%	-5.56%	-21.74%	2.99%	10.74%	34.44%	73.08%	-5.45%	-12.7%	65.79%	-57.78%	0.0%	23.29%	-76.3%	109.52%	7.3%	65.06%	-4.6%	-5.43%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$9.475M	$11.87M	$5.200M	$12.30M	$11.80M	$5.900M	$3.800M	$3.700M	$3.000M	$5.200M	$4.700M	$12.10M	$9.000M	$5.200M	$5.500M	$6.300M	$3.800M	$9.000M	$9.000M	$7.300M	$30.80M	$14.70M	$13.70M	$8.300M	$8.700M	$9.200M
YoY Change	-20.18%	128.27%	-57.72%	4.24%	100.0%	55.26%	2.7%	23.33%	-42.31%	10.64%	-61.16%	34.44%	73.08%	-5.45%	-12.7%	65.79%	-57.78%	0.0%	23.29%	-76.3%	109.52%	7.3%	65.06%	-4.6%	-5.43%
Long-Term Debt	$31.18M	$31.33M	$31.70M	$32.30M	$11.30M	$11.30M	$11.30M	$11.30M	$11.30M	$11.30M	$11.30M	$20.30M	$30.30M	$33.30M	$38.50M	$29.50M	$25.40M	$35.80M	$44.70M	$11.30M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-0.49%	-1.17%	-1.86%	185.84%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	-44.33%	-33.0%	-9.01%	-13.51%	30.51%	16.14%	-29.05%	-19.91%	295.58%
Other Long-Term Liabilities	$25.91M	$16.89M	$16.50M	$11.90M	$8.900M	$11.20M	$13.40M	$10.60M	$9.800M	$9.300M	$7.800M	$13.40M	$13.40M	$11.80M	$10.80M	$12.60M	$10.40M	$9.100M	$6.600M	$5.000M	$4.200M	$3.700M	$3.800M	$4.400M	$1.900M	$2.200M
YoY Change	53.37%	2.38%	38.66%	33.71%	-20.54%	-16.42%	26.42%	8.16%	5.38%	19.23%	-41.79%	0.0%	13.56%	9.26%	-14.29%	21.15%	14.29%	37.88%	32.0%	19.05%	13.51%	-2.63%	-13.64%	131.58%	-13.64%
Total Long-Term Liabilities	$57.09M	$48.22M	$48.20M	$44.20M	$20.20M	$22.50M	$24.70M	$21.90M	$21.10M	$20.60M	$19.10M	$33.70M	$43.70M	$45.10M	$49.30M	$42.10M	$35.80M	$44.90M	$51.30M	$16.30M	$4.200M	$3.700M	$3.800M	$4.400M	$1.900M	$2.200M
YoY Change	18.38%	0.04%	9.05%	118.81%	-10.22%	-8.91%	12.79%	3.79%	2.43%	7.85%	-43.32%	-22.88%	-3.1%	-8.52%	17.1%	17.6%	-20.27%	-12.48%	214.72%	288.1%	13.51%	-2.63%	-13.64%	131.58%	-13.64%
Total Liabilities	$1.930B	$2.025B	$2.027B	$1.875B	$1.312B	$1.257B	$1.177B	$1.004B	$847.9M	$761.0M	$752.8M	$734.8M	$671.9M	$608.5M	$573.5M	$483.1M	$399.4M	$434.4M	$431.7M	$393.6M	$301.4M	$257.8M	$221.8M	$199.4M	$180.5M	$155.5M
YoY Change	-4.65%	-0.11%	8.08%	42.95%	4.39%	6.74%	17.26%	18.41%	11.42%	1.09%	2.45%	9.36%	10.42%	6.1%	18.71%	20.96%	-8.06%	0.63%	9.68%	30.59%	16.91%	16.23%	11.23%	10.47%	16.08%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	5.456M	5.495M	5.447M	5.233M	4.898M	4.815M	4.738M	4.282M	4.235M	4.187M	4.190M	4.144M	4.102M
Diluted Shares Outstanding	5.471M	5.536M	5.502M	5.269M	4.968M	4.934M	4.861M	4.359M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $247.13 Million

About EVANS BANCORP INC

Evans Bancorp, Inc. is a bank holding company, which engages in the provision of financial solutions. The company is headquartered in Angola, New York and currently employs 300 full-time employees. The firm conducts its business through its two direct, wholly owned subsidiaries: Evans Bank, National Association (the Bank), and the Bank’s subsidiaries, Evans National Leasing, Inc. (ENL), and Evans National Holding Corp. (ENHC); and Evans National Financial Services, LLC (ENFS). The firm operates through banking activities segment. The banking activities segment includes both commercial and consumer banking services, including a range of lending and depository services, as well as offering non-deposit investment products, such as annuities and mutual funds. The Bank operates through approximately eight branches providing financial services to consumer, business and municipal customers throughout Western New York.

Industry: National Commercial Banks Peers: Bank7 Corp. Community West Bancshares FIDELITY D & D BANCORP INC Investar Holding Corp NORWOOD FINANCIAL CORP Orange County Bancorp, Inc. /DE/ PNC FINANCIAL SERVICES GROUP, INC.