A Brief Look At Evans Bancorp As The Company Hikes Its Semi-Annual Dividend By 9.7%
Heather Ingrassia • Thu, Aug. 21
- On Wednesday, August 20, EVBN announced it would be increasing its semi-annual dividend by 9.7%, from $0.31/share to $0.34/share.
- EVBN recently announced Q2 EPS of $0.37/share which missed estimates by $0.11/share, and revenue of $10.74 million which was up 5.2% on a year-over-year basis.
- Recent trend behavior could improve well into the second half of the year, now that EVBN has both hiked its dividend and demonstrated a solid second quarter performance.