Evans Historical Income Statement

EVBN Stock

USD 44.58 0.15 0.34%

Historical analysis of Evans Bancorp income statement accounts such as Selling And Marketing Expenses of 715.5 K or Total Revenue of 98.8 M can show how well Evans Bancorp performed in making a profits. Evaluating Evans Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Evans Bancorp's future profits or losses.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Evans Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Evans Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

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.

About Evans Income Statement Analysis

Evans Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Evans Bancorp shareholders. The income statement also shows Evans investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Evans Bancorp Income Statement Chart

At this time, Evans Bancorp's Total Other Income Expense Net is very stable compared to the past year. As of the 28th of November 2024, Net Income is likely to grow to about 25.8 M, while Depreciation And Amortization is likely to drop about 1.3 M.

Selling And Marketing Expenses Total Revenue Gross Profit Other Operating Expenses Income Before Tax

Total Revenue

Total revenue comprises all receipts Evans Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Evans Bancorp minus its cost of goods sold. It is profit before Evans Bancorp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Evans Bancorp. It is also known as Evans Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Evans Bancorp income statement and is an important metric when analyzing Evans Bancorp profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

Most accounts from Evans Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Evans Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Evans Bancorp's Total Other Income Expense Net is very stable compared to the past year. As of the 28th of November 2024, Net Income is likely to grow to about 25.8 M, while Depreciation And Amortization is likely to drop about 1.3 M.

	2021	2022	2023	2024 (projected)
Interest Expense	4.8M	6.5M	35.6M	37.4M
Depreciation And Amortization	2.3M	1.6M	1.6M	1.3M

Interest Expense Depreciation And Amortization

Evans Bancorp income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.24	0.5	0.61	0.61	0.45	0.3	0.03	0.12	-0.63	0.49	0.27	0.5	0.43	0.62	0.51	-0.58	0.3	0.64	0.59	-0.55	0.17
Interest Expense	0.24		0.09	0.62	0.62	0.86	0.3	-0.64	-0.61	0.26	0.72	0.92	0.68	0.76	0.18	0.47	-0.35	0.52	0.43	0.64	-0.14	0.92
Selling And Marketing Expenses	0.5	0.09		0.73	0.73	0.54	0.75	0.48	0.52	-0.34	0.57	0.0	0.61	0.42	0.92	0.68	-0.64	0.38	0.65	0.62	-0.42	0.12
Total Revenue	0.61	0.62	0.73		1.0	0.9	0.74	0.06	0.11	-0.32	0.93	0.51	0.95	0.82	0.84	0.84	-0.7	0.59	0.89	0.89	-0.66	0.51
Gross Profit	0.61	0.62	0.73	1.0		0.9	0.74	0.06	0.11	-0.32	0.93	0.51	0.95	0.82	0.84	0.84	-0.7	0.59	0.89	0.89	-0.66	0.51
Other Operating Expenses	0.45	0.86	0.54	0.9	0.9		0.55	-0.3	-0.26	0.03	0.87	0.69	0.87	0.81	0.6	0.68	-0.62	0.52	0.7	0.81	-0.46	0.76
Operating Income	0.3	0.3	0.75	0.74	0.74	0.55		0.43	0.45	-0.22	0.78	0.22	0.8	0.68	0.81	0.9	-0.53	0.73	0.75	0.76	-0.39	0.36
Ebit	0.03	-0.64	0.48	0.06	0.06	-0.3	0.43		1.0	-0.42	-0.01	-0.62	0.05	-0.16	0.44	0.22	-0.18	-0.09	0.2	-0.03	-0.14	-0.68
Ebitda	0.12	-0.61	0.52	0.11	0.11	-0.26	0.45	1.0		-0.47	0.03	-0.59	0.09	-0.13	0.49	0.26	-0.23	-0.06	0.25	0.02	-0.18	-0.66
Total Operating Expenses	-0.63	0.26	-0.34	-0.32	-0.32	0.03	-0.22	-0.42	-0.47		-0.18	0.19	-0.24	-0.04	-0.56	-0.4	0.25	-0.13	-0.6	-0.4	0.63	0.34
Income Before Tax	0.49	0.72	0.57	0.93	0.93	0.87	0.78	-0.01	0.03	-0.18		0.65	0.99	0.94	0.69	0.89	-0.63	0.76	0.85	0.88	-0.53	0.64
Total Other Income Expense Net	0.27	0.92	0.0	0.51	0.51	0.69	0.22	-0.62	-0.59	0.19	0.65		0.6	0.72	0.09	0.42	-0.3	0.56	0.32	0.54	0.05	0.83
Net Income	0.5	0.68	0.61	0.95	0.95	0.87	0.8	0.05	0.09	-0.24	0.99	0.6		0.88	0.74	0.91	-0.64	0.71	0.88	0.9	-0.56	0.58
Income Tax Expense	0.43	0.76	0.42	0.82	0.82	0.81	0.68	-0.16	-0.13	-0.04	0.94	0.72	0.88		0.51	0.76	-0.54	0.83	0.7	0.77	-0.42	0.71
Selling General Administrative	0.62	0.18	0.92	0.84	0.84	0.6	0.81	0.44	0.49	-0.56	0.69	0.09	0.74	0.51		0.83	-0.71	0.47	0.86	0.81	-0.63	0.17
Net Income From Continuing Ops	0.51	0.47	0.68	0.84	0.84	0.68	0.9	0.22	0.26	-0.4	0.89	0.42	0.91	0.76	0.83		-0.62	0.78	0.91	0.93	-0.53	0.48
Non Recurring	-0.58	-0.35	-0.64	-0.7	-0.7	-0.62	-0.53	-0.18	-0.23	0.25	-0.63	-0.3	-0.64	-0.54	-0.71	-0.62		-0.27	-0.67	-0.66	0.39	-0.25
Tax Provision	0.3	0.52	0.38	0.59	0.59	0.52	0.73	-0.09	-0.06	-0.13	0.76	0.56	0.71	0.83	0.47	0.78	-0.27		0.6	0.71	-0.3	0.65
Net Interest Income	0.64	0.43	0.65	0.89	0.89	0.7	0.75	0.2	0.25	-0.6	0.85	0.32	0.88	0.7	0.86	0.91	-0.67	0.6		0.93	-0.8	0.35
Interest Income	0.59	0.64	0.62	0.89	0.89	0.81	0.76	-0.03	0.02	-0.4	0.88	0.54	0.9	0.77	0.81	0.93	-0.66	0.71	0.93		-0.61	0.62
Reconciled Depreciation	-0.55	-0.14	-0.42	-0.66	-0.66	-0.46	-0.39	-0.14	-0.18	0.63	-0.53	0.05	-0.56	-0.42	-0.63	-0.53	0.39	-0.3	-0.8	-0.61		-0.08
Extraordinary Items	0.17	0.92	0.12	0.51	0.51	0.76	0.36	-0.68	-0.66	0.34	0.64	0.83	0.58	0.71	0.17	0.48	-0.25	0.65	0.35	0.62	-0.08

Click cells to compare fundamentals

Evans Bancorp Account Relationship Matchups

Evans Bancorp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	2.0M	2.1M	2.3M	1.6M	1.6M	1.3M
Interest Expense	12.7M	9.1M	4.8M	6.5M	35.6M	37.4M
Selling And Marketing Expenses	1.0M	1.1M	1.4M	1.2M	1.2M	715.5K
Total Revenue	70.0M	76.2M	91.6M	92.2M	94.1M	98.8M
Gross Profit	70.0M	76.2M	91.6M	92.2M	94.1M	98.8M
Other Operating Expenses	47.8M	63.4M	59.7M	54.9M	94.1M	98.8M
Operating Income	22.2M	12.8M	31.9M	37.3M	34.7M	17.8M
Ebit	22.2M	11.9M	30.8M	29.6M	(1.2M)	(1.1M)
Ebitda	24.3M	14.0M	33.2M	31.2M	367K	348.7K
Total Operating Expenses	(47.8M)	(63.4M)	(59.7M)	(54.9M)	52.6M	55.2M
Income Before Tax	22.2M	12.8M	31.9M	29.6M	34.7M	36.5M
Total Other Income Expense Net	22.2M	(10.5M)	(7.3M)	(6.5M)	34.7M	36.5M
Net Income	17.0M	11.2M	24.0M	22.4M	24.5M	25.8M
Income Tax Expense	5.2M	1.6M	7.9M	7.2M	10.2M	10.7M
Selling General Administrative	34.2M	39.3M	45.1M	45.1M	38.4M	21.7M
Net Income Applicable To Common Shares	17.0M	11.2M	24.0M	22.4M	25.7M	27.0M
Net Income From Continuing Ops	17.0M	11.2M	24.0M	22.4M	24.5M	14.6M
Tax Provision	5.2M	1.6M	7.9M	7.2M	10.2M	5.5M
Net Interest Income	52.1M	59.8M	72.8M	73.0M	61.2M	58.2M
Interest Income	64.7M	68.8M	77.6M	79.5M	96.9M	69.5M
Reconciled Depreciation	2.0M	533K	537K	400K	1.6M	990.3K

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

0.76	AX	Axos Financial	Pair Corr
0.76	BY	Byline Bancorp Fiscal Year End 23rd of January 2025	Pair Corr

Moving against Evans Stock

0.43	WF	Woori Financial Group	Pair Corr
0.37	TFC-PO	Truist Financial	Pair Corr
0.32	TFC-PR	Truist Financial	Pair Corr
0.31	CFG-PE	Citizens Financial	Pair Corr

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 Correlation Correlation 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:

How To Invest In Evans

Details

Is Evans Stock a good investment?

Details

What is Evans Bancorp's Net Worth?

Details

Largest Regional Banks Companies

View

Largest Banks - Regional Companies

View

To learn how to invest in Evans Stock, please use our How to Invest in Evans Bancorp guide.

You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Evans Historical Income Statement

About Evans Income Statement Analysis

Evans Bancorp Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Income Before Tax

Evans Bancorp income statement Correlations

Evans Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Evans Bancorp income statement Accounts

Pair Trading with Evans Bancorp

Moving together with Evans Stock

Moving against Evans Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Gross Profit	+ 1.0	Total Revenue
Ebitda	+ 1.0	Ebit
Net Income	+ 0.99	Income Before Tax
Net Income	+ 0.95	Total Revenue
Net Income	+ 0.95	Gross Profit
Income Tax Expense	+ 0.94	Income Before Tax

Reconciled Depreciation	- 0.8	Net Interest Income
Non Recurring	- 0.71	Selling General Administrative
Non Recurring	- 0.7	Gross Profit
Non Recurring	- 0.7	Total Revenue
Extraordinary Items	- 0.68	Ebit
Net Interest Income	- 0.67	Non Recurring