Evans Bancorp (EVBN) Tops Q4 EPS by 2c

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Evans Bancorp Reports Net Income of $22.4 Million in 2022

February 2, 2023 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, 2022.

FOURTH QUARTER AND FULL YEAR 2022 HIGHLIGHTS (compared with prior-year period unless otherwise noted)

Fourth quarter net income of $6.0 million, or $1.10 per diluted share, which was up 3%;
Full year 2022 earnings of $22.4 million successfully offset approximately $9 million of nonrecurring PPP fees in last years earnings of $24.0... More