Insider Selling: Evans Bancorp Inc. (EVBN) Insider Sells 9,218 Shares of Stock

Evans Bancorp Inc. (NASDAQ:EVBN) insider Robert G. Miller, Jr. sold 9,218 shares of Evans Bancorp stock in a transaction dated Friday, May 5th. The shares were sold at an average price of $37.06, for a total transaction of $341,619.08. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Shares of Evans Bancorp Inc. (NASDAQ:EVBN) traded down 0.49% on Friday, reaching $40.25. 2,379 shares of the company were exchanged. Evans Bancorp Inc. has a 52 week low of $23.50 and a 52 week high of $42.58. The company’s 50-day moving average is $37.84 and its 200-day moving average is $35.90. The company has a market capitalization of $186.52 million and a price-to-earnings ratio of 18.55.

Evans Bancorp (NASDAQ:EVBN) last released its quarterly earnings data on Wednesday, April 26th. The bank reported $0.66 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.50 by $0.16. The business had revenue of $13.17 million during the quarter. On average, equities analysts expect that Evans Bancorp Inc. will post $2.32 EPS for the current fiscal year.

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About Evans Bancorp

Evans Bancorp, Inc is a financial holding company. The Company conducts its business through its subsidiaries, such as Evans Bank, N.A. (the Bank), which provides a range of banking services to consumer and commercial customers in Western New York, and Evans National Financial Services, LLC (ENFS), which hold interests in The Evans Agency, LLC (TEA), which sells various premium-based insurance policies on a commission basis.

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