Evans Net Income from 2010 to 2024
| EVBN Stock | USD 44.58 0.15 0.34% |
Net Income | First Reported 2000-03-31 | Previous Quarter 2.9 M | Current Value 2.9 M | Quarterly Volatility 1.9 M |
Check Evans Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Evans Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 M, Interest Expense of 37.4 M or Selling And Marketing Expenses of 715.5 K, as well as many indicators such as Price To Sales Ratio of 1.74, Dividend Yield of 0.0232 or PTB Ratio of 1.49. Evans financial statements analysis is a perfect complement when working with Evans Bancorp Valuation or Volatility modules.
Evans | Net Income |
Latest Evans Bancorp's Net Income Growth Pattern
Below is the plot of the Net Income of Evans Bancorp over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Evans Bancorp financial statement analysis. It represents the amount of money remaining after all of Evans Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Evans Bancorp's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Evans Bancorp's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 24.52 M | 10 Years Trend |
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Net Income |
| Timeline |
Evans Net Income Regression Statistics
| Arithmetic Mean | 13,321,256 | |
| Geometric Mean | 10,917,969 | |
| Coefficient Of Variation | 58.15 | |
| Mean Deviation | 6,686,488 | |
| Median | 10,479,000 | |
| Standard Deviation | 7,746,255 | |
| Sample Variance | 60T | |
| Range | 24.1M | |
| R-Value | 0.93 | |
| Mean Square Error | 8.7T | |
| R-Squared | 0.86 | |
| Slope | 1,610,903 | |
| Total Sum of Squares | 840.1T |
Evans Net Income History
Other Fundumenentals of Evans Bancorp
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Evans Bancorp Net Income component correlations
About Evans Bancorp Financial Statements
Evans Bancorp investors utilize fundamental indicators, such as Net Income, to predict how Evans Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income | 24.5 M | 25.8 M | |
| Net Income Applicable To Common Shares | 25.7 M | 27 M | |
| Net Income From Continuing Ops | 24.5 M | 14.6 M | |
| Net Income Per Share | 4.49 | 4.72 | |
| Net Income Per E B T | 0.71 | 1.07 |
Pair Trading with Evans Bancorp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Evans Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Evans Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving together with Evans Stock
Moving against Evans Stock
| 0.43 | WF | Woori Financial Group | PairCorr |
| 0.37 | TFC-PO | Truist Financial | PairCorr |
| 0.32 | TFC-PR | Truist Financial | PairCorr |
| 0.31 | CFG-PE | Citizens Financial | PairCorr |
The ability to find closely correlated positions to Evans Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Evans Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Evans Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Evans Bancorp to buy it.
The correlation of Evans Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Evans Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Evans Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Evans Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Evans Bancorp Correlation against competitors. To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evans Bancorp. If investors know Evans will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evans Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 1.32 | Earnings Share 3.36 | Revenue Per Share 14.907 | Quarterly Revenue Growth (0.1) |
The market value of Evans Bancorp is measured differently than its book value, which is the value of Evans that is recorded on the company's balance sheet. Investors also form their own opinion of Evans Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Evans Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evans Bancorp's market value can be influenced by many factors that don't directly affect Evans Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evans Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evans Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evans Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.