Evans Bancorp (EVBN) Tops Q4 EPS by 5c

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Evans Bancorp Reports Record Net Income of $24 Million in 2021

February 3, 2022 4:15 PM EST

WILLIAMSVILLE, N.Y.--(BUSINESS WIRE)-- Evans Bancorp, Inc. (the Company or Evans) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, today reported results of operations for the fourth quarter and full year ended December 31, 2021.

FOURTH QUARTER AND FULL YEAR 2021 HIGHLIGHTS (compared with prior-year period unless otherwise noted)

Achieved fourth quarter net income of $5.9 million, or $1.06 per diluted share, and a record $24.0 million, or $4.37 per diluted share, for 2021 Net interest income increased 20% to $19.7 million in the fourth quarter, reflecting accelerated... More