Evans Bancorp (Evans Bancorp) Net Margin % : 14.43% (As of Mar. 2024)

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What is Evans Bancorp Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Evans Bancorp's Net Income for the three months ended in Mar. 2024 was $2.33 Mil. Evans Bancorp's Revenue for the three months ended in Mar. 2024 was $16.17 Mil. Therefore, Evans Bancorp's net margin for the quarter that ended in Mar. 2024 was 14.43%.

The historical rank and industry rank for Evans Bancorp's Net Margin % or its related term are showing as below:

EVBN' s Net Margin % Range Over the Past 10 Years
Min: 14.77 Med: 22.18 Max: 26.66
Current: 23.7

EVBN's Net Margin % is ranked worse than
55.32% of 1457 companies
in the Banks industry
Industry Median: 25.09 vs EVBN: 23.70

Evans Bancorp Net Margin % Historical Data

The historical data trend for Evans Bancorp's Net Margin % 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.

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Evans Bancorp Net Margin % Chart

Evans Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

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24.30

14.77

26.24

24.28

26.05

Evans Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Net Margin %	Get a 7-Day Free Trial															27.05	24.20	18.26	31.31	14.43

Competitive Comparison of Evans Bancorp's Net Margin %

For the Banks - Regional subindustry, Evans Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Evans Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where Evans Bancorp's Net Margin % falls into.

Evans Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Evans Bancorp's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	24.524	/	94.13
	=	26.05 %

Evans Bancorp's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin	=	Net Income (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	2.334	/	16.174
	=	14.43 %

Evans Bancorp (AMEX:EVBN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Evans Bancorp Net Margin % Related Terms

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Evans Bancorp (Evans Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Evans Bancorp Inc (AMEX:EVBN) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

6460 Main Street, Williamsville, NY, USA, 14221

Website

https://www.evansbancorp.com

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