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Evans Bancorp (Evans Bancorp) Debt-to-Equity : 0.95 (As of Mar. 2024)


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What is Evans Bancorp Debt-to-Equity?

Evans Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Evans Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $166.44 Mil. Evans Bancorp's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $174.60 Mil. Evans Bancorp's debt to equity for the quarter that ended in Mar. 2024 was 0.95.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Evans Bancorp's Debt-to-Equity or its related term are showing as below:

EVBN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 0.37   Max: 1.49
Current: 0.95

During the past 13 years, the highest Debt-to-Equity Ratio of Evans Bancorp was 1.49. The lowest was 0.13. And the median was 0.37.

EVBN's Debt-to-Equity is ranked worse than
62.86% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs EVBN: 0.95

Evans Bancorp Debt-to-Equity Historical Data

The historical data trend for Evans Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Evans Bancorp Debt-to-Equity Chart

Evans Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.48 0.38 1.49 1.01

Evans Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 1.10 1.24 1.01 0.95

Competitive Comparison of Evans Bancorp's Debt-to-Equity

For the Banks - Regional subindustry, Evans Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Evans Bancorp's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Evans Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Evans Bancorp's Debt-to-Equity falls into.



Evans Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Evans Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Evans Bancorp's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Evans Bancorp  (AMEX:EVBN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Evans Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Evans Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Evans Bancorp (Evans Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
6460 Main Street, Williamsville, NY, USA, 14221
Evans Bancorp Inc is a financial holding company. Through its subsidiaries, it provides various banking services to consumers and commercial customers in the USA. The firm operates in two segments, Banking Activities and Insurance Agency Activities. The banking business segment includes both commercial and consumer banking services, including lending and depository services and offering non-deposit investment products, such as annuities and mutual funds. The insurance agency segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability and long-term care coverage, and providing claims adjusting services to various insurance companies.
Executives
Miller Robert G Jr director, officer: Pres. M&W Agency/ENB Assoc. 1845 LAKE ROAD, SILVER CREEK NY 14136
David J Nasca director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Lee C Wortham director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Jody L Lomeo director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Robert A James director 6460 MAIN STREET, WILLIAMSVILLE NY 14221
Dawn Deperrior director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
Kevin D Maroney director 45 SOUTH MAIN STREET, FAIRPORT NY 14450
John B Connerton officer: Vice President/Controller ONE GRIMSBY DRIVE, HAMBURG NY 14075
Waring Thomas H Jr director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Aaron Whitehouse officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Oliver Sommer director ONE GRIMSBY DRIVE, HAMBURG NY 14075
St. George Mark G. officer: President, The Evans Agency ONE GRIMSBY DRIVE, HAMBURG NY 14075
Kimberley A Minkel director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Christina P Orsi director ONE GRIMSBY DRIVE, HAMBURG NY 14075
Michael A Battle director ONE GRIMSBY DRIVE, HAMBURG NY 14075

Evans Bancorp (Evans Bancorp) Headlines