Evans Bancorp (EVBN) Reports In-Line Q4 EPS

Evans Bancorp (NYSE: EVBN) reported Q4 EPS of $0.53, in-line with the analyst estimate of $0.53.

• Fourth quarter net income grew 33% to $2.3 million, or $0.53 per diluted share
• Net interest income in fourth quarter of 2016 increased 11% driven by expanded loan portfolio
• Record annual net income of $8.3 million, an increase of 5% from 2015
• Record loan growth in 2016: Loans up 22%, or $169 million, to $943 million
• Strong year-over-year deposit growth across all product categories. Total deposits up 17% to $940 million.

For earnings history and earnings-related data on Evans Bancorp (EVBN) click here.

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