- American City Business Journals•2 months ago
Evans Bank N.A.’s retail footprint officially extends into Niagara County. The Erie County-headquartered bank has opened its 14th branch at 5688 S. Transit Road in Lockport in the same building at which its sister company, The Evans Agency LLC, operates. Both companies are subsidiaries of Evans Bancorp Inc. (EVBN), the nearly $1 billion-asset company that’s determined to elevate its profile amid the latest round of market disruption.
- American City Business Journals•3 months ago
The parent company of Evans Bank N.A. continues to lay the foundation to become a much bigger player in the Western New York banking marketplace. Top executives say Evans Bancorp Inc. (EVBN) is positioning itself for “transformative growth” – both organically and acquisitively – by completing a core systems conversion, expanding its commercial lending portfolio and putting into place the means to raise much as $50 million in case the company needs more capital to expand the business. The company has $20 million in excess capital, but it may need more, so it has filed what’s called a “shelf registration” with the U.S. Securities and Exchange Commission that allows it to quickly enact a stock sale if it needs capital.
|52wk Range||22.75 - 26.10|
|Day's Range||25.53 - 25.53|
|Avg Vol (3m)||7,266|
As of 4:00 PM EDT. Market closed.