David Nasca - Evans Bancorp CEO

EVBN Stock  USD 39.39  0.13  0.33%   

CEO

Mr. David J. Nasca is President, Chief Executive Officer, Director of the Evans Bancorp, Inc., a financial holding company and the parent company of Evans Bank, N.A.. He was Principal Financial Officer of Evans Bancorp, Inc, a financial holding company and the parent company of Evans Bank, N.A. He serves as President, Chief Executive Officer of Evans Bank, N.A., a subsidiary of the company. Mr. Nasca also serves as the President and Chief Executive Officer of the Company and as President and Chief Executive Officer of the Bank. He has held the position of President of the Company and the Bank since 2006, and Chief Executive Officer of the Company and the Bank since 2007. Mr. Nasca served as Chief Operating Officer of LifeStage, LLC, a health care services startup company, from October 2005 to August 2006. From June 2004 to July 2005, Mr. Nasca served as Executive Vice President of Strategic Initiatives of First Niagara Financial Group. Mr. Nasca held the position of Executive Vice President, Consumer Banking Group, Central New York Regional Executive of First Niagara Financial Group from June 2002 through June 2004. From October 2000 to June 2002, Mr. Nasca served as President and CEO of Iroquois Financial, Inc. and Cayuga Bank which were wholly owned by First Niagara Financial Group since 2015.
Age 67
Tenure 10 years
Address 6460 Main Street, Williamsville, NY, United States, 14221
Phone716 926 2000
Webhttps://www.evansbancorp.com
Nasca serves as President and CEO of the Company and the Bank pursuant to an employment agreement with the Company and the Bank. As President and CEO, Mr. Nasca provides our Board with information gained from handson management of our operations, identifying our nearterm and longterm challenges and opportunities.

David Nasca Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Nasca against Evans Bancorp stock is an integral part of due diligence when investing in Evans Bancorp. David Nasca insider activity provides valuable insight into whether Evans Bancorp is net buyers or sellers over its current business cycle. Note, Evans Bancorp insiders must abide by specific rules, including filing SEC forms every time they buy or sell Evans Bancorp'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Evans Bancorp Management Efficiency

At this time, Evans Bancorp's Return On Tangible Assets are very stable compared to the past year. As of the 21st of March 2025, Return On Assets is likely to grow to 0.01, though Return On Capital Employed is likely to grow to (0.03). At this time, Evans Bancorp's Return On Assets are very stable compared to the past year. As of the 21st of March 2025, Asset Turnover is likely to grow to 0.03, while Non Current Assets Total are likely to drop about 5.4 M. Evans Bancorp's management efficiency ratios could be used to measure how well Evans Bancorp manages its routine affairs as well as how well it operates its assets and liabilities.
Evans Bancorp currently holds 4.07 M in liabilities with Debt to Equity (D/E) ratio of 9.29, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Evans Bancorp's use of debt, we should always consider it together with its cash and equity.

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Evans Bancorp, Inc. primarily operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York and the Finger Lakes Region of New York State. Evans Bancorp, Inc. was founded in 1920 and is headquartered in Williamsville, New York. Evans Bancorp operates under BanksRegional classification in the United States and is traded on AMEX Exchange. It employs 378 people. Evans Bancorp (EVBN) is traded on NYSE MKT Exchange in USA. It is located in 6460 Main Street, Williamsville, NY, United States, 14221 and employs 266 people. Evans Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Evans Bancorp Leadership Team

Elected by the shareholders, the Evans Bancorp's board of directors comprises two types of representatives: Evans Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Evans. The board's role is to monitor Evans Bancorp's management team and ensure that shareholders' interests are well served. Evans Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Evans Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michelle Baumgarden, Corporate Secretary
Kenneth Pawlak, NA Bank
Aaron Whitehouse, LLC Agency
Nicholas Snyder, Sr. VP and Controller
John Connerton, CFO and Sr. VP
David Nasca, CEO and President Director CEO of Evans Bank Na and President of Evans Bank Na and Director of Evans Bank Na

Evans Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Evans Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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

  0.89AX Axos FinancialPairCorr
  0.93BY Byline BancorpPairCorr

Moving against Evans Stock

  0.81VBFC Village BankPairCorr
  0.7DB Deutsche Bank AGPairCorr
  0.51TECTP Tectonic FinancialPairCorr
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.
Pair CorrelationCorrelation Matching
When determining whether Evans Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Evans Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Evans Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Evans Bancorp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Evans Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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
(0.64)
Dividend Share
1.32
Earnings Share
2.16
Revenue Per Share
12.376
Quarterly Revenue Growth
(0.42)
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.