Evans Bancorp Inc
Evans Bancorp, Inc. operates as financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in the United States. The company offers deposit products, which include checking and negotiable order of withdrawal accounts, savings accounts, and certificates of deposit. It provides residential mortgages; commercial and mult… Read more
Evans Bancorp Inc (EVBN) - Net Assets
Latest net assets as of December 2024: $183.14 Million USD
Based on the latest financial reports, Evans Bancorp Inc (EVBN) has net assets worth $183.14 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.19 Billion) and total liabilities ($2.00 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $183.14 Million |
| % of Total Assets | 8.37% |
| Annual Growth Rate | 9.22% |
| 5-Year Change | 8.43% |
| 10-Year Change | 100.69% |
| Growth Volatility | 216.59 |
Evans Bancorp Inc - Net Assets Trend (1996–2024)
This chart illustrates how Evans Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Evans Bancorp Inc (1996–2024)
The table below shows the annual net assets of Evans Bancorp Inc from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $183.14 Million | +2.76% |
| 2023-12-31 | $178.22 Million | +15.73% |
| 2022-12-31 | $153.99 Million | -92.81% |
| 2021-12-31 | $2.14 Billion | +1168.57% |
| 2020-12-31 | $168.91 Million | +13.78% |
| 2019-12-31 | $148.45 Million | +12.77% |
| 2018-12-31 | $131.65 Million | +11.24% |
| 2017-12-31 | $118.34 Million | +22.32% |
| 2016-12-31 | $96.75 Million | +6.02% |
| 2015-12-31 | $91.26 Million | +6.37% |
| 2014-12-31 | $85.79 Million | +6.29% |
| 2013-12-31 | $80.71 Million | +7.86% |
| 2012-12-31 | $74.83 Million | +8.47% |
| 2011-12-31 | $68.99 Million | +9.39% |
| 2010-12-31 | $63.06 Million | +28.07% |
| 2009-12-31 | $49.24 Million | +2.53% |
| 2008-12-31 | $48.03 Million | +10.91% |
| 2007-12-31 | $43.30 Million | +9.51% |
| 2006-12-31 | $39.54 Million | +7.23% |
| 2005-12-31 | $36.88 Million | +3.95% |
| 2004-12-31 | $35.47 Million | +6.46% |
| 2003-12-31 | $33.32 Million | +7.97% |
| 2002-12-31 | $30.86 Million | +14.47% |
| 2001-12-31 | $26.96 Million | +7.08% |
| 2000-12-31 | $25.18 Million | +37.70% |
| 1999-12-31 | $18.28 Million | -1.82% |
| 1998-12-31 | $18.62 Million | +9.30% |
| 1997-12-31 | $17.04 Million | +9.86% |
| 1996-12-31 | $15.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Evans Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3771.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $142.94 Million | 78.05% |
| Common Stock | $2.81 Million | 1.54% |
| Other Comprehensive Income | $-43.94 Million | -23.99% |
| Other Components | $81.33 Million | 44.41% |
| Total Equity | $183.14 Million | 100.00% |
Evans Bancorp Inc Competitors by Market Cap
The table below lists competitors of Evans Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hunan Zhenghong Science and Technology Develop Co Ltd
SHE:000702
|
$192.35 Million |
|
MEDIPOST Co. Ltd
KQ:078160
|
$192.41 Million |
|
Heartland Banccorp
OTCQX:HLAN
|
$192.42 Million |
|
FB Bancorp, Inc. Common Stock
NASDAQ:FBLA
|
$192.45 Million |
|
D&L Industries Inc
PINK:DALQF
|
$192.30 Million |
|
Sino-Argi Leading Biosciences
SHG:603970
|
$192.25 Million |
|
Vista Group International Ltd
AU:VGL
|
$192.23 Million |
|
Fujian Fynex Textile Science & Technology Co Ltd
SHG:600493
|
$192.19 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evans Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 178,219,000 to 183,143,000, a change of 4,924,000 (2.8%).
- Net income of 11,954,000 contributed positively to equity growth.
- Dividend payments of 7,288,000 reduced retained earnings.
- Share repurchases of 204,000 reduced equity.
- New share issuances of 851,000 increased equity.
- Other comprehensive income decreased equity by 1,672,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $11.95 Million | +6.53% |
| Dividends Paid | $7.29 Million | -3.98% |
| Share Repurchases | $204.00K | -0.11% |
| Share Issuances | $851.00K | +0.46% |
| Other Comprehensive Income | $-1.67 Million | -0.91% |
| Other Changes | $1.28 Million | +0.7% |
| Total Change | $- | 2.76% |
Book Value vs Market Value Analysis
This analysis compares Evans Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.20x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.26x to 1.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $7.51 | $39.53 | x |
| 1997-12-31 | $8.25 | $39.53 | x |
| 1998-12-31 | $9.02 | $39.53 | x |
| 1999-12-31 | $8.86 | $39.53 | x |
| 2000-12-31 | $11.79 | $39.53 | x |
| 2001-12-31 | $9.60 | $39.53 | x |
| 2002-12-31 | $11.46 | $39.53 | x |
| 2003-12-31 | $11.75 | $39.53 | x |
| 2004-12-31 | $13.01 | $39.53 | x |
| 2005-12-31 | $13.54 | $39.53 | x |
| 2006-12-31 | $14.50 | $39.53 | x |
| 2007-12-31 | $15.78 | $39.53 | x |
| 2008-12-31 | $16.66 | $39.53 | x |
| 2009-12-31 | $16.45 | $39.53 | x |
| 2010-12-31 | $17.44 | $39.53 | x |
| 2011-12-31 | $16.81 | $39.53 | x |
| 2012-12-31 | $17.99 | $39.53 | x |
| 2013-12-31 | $19.04 | $39.53 | x |
| 2014-12-31 | $20.12 | $39.53 | x |
| 2015-12-31 | $21.19 | $39.53 | x |
| 2016-12-31 | $22.20 | $39.53 | x |
| 2017-12-31 | $24.35 | $39.53 | x |
| 2018-12-31 | $26.68 | $39.53 | x |
| 2019-12-31 | $29.88 | $39.53 | x |
| 2020-12-31 | $32.06 | $39.53 | x |
| 2021-12-31 | $33.43 | $39.53 | x |
| 2022-12-31 | $27.81 | $39.53 | x |
| 2023-12-31 | $32.58 | $39.53 | x |
| 2024-12-31 | $33.04 | $39.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evans Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.27%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 11.94x
- Recent ROE (6.53%) is below the historical average (10.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 10.41% | 162.93% | 0.01x | 9.08x | $63.63K |
| 1997 | 10.58% | 178.33% | 0.01x | 9.30x | $98.34K |
| 1998 | 10.97% | 149.13% | 0.01x | 9.35x | $181.01K |
| 1999 | 11.09% | 22.90% | 0.04x | 10.87x | $198.78K |
| 2000 | 12.80% | 26.36% | 0.05x | 8.92x | $705.08K |
| 2001 | 9.57% | 18.91% | 0.05x | 9.24x | $-116.75K |
| 2002 | 11.68% | 22.72% | 0.05x | 9.35x | $519.85K |
| 2003 | 12.21% | 21.98% | 0.06x | 10.04x | $736.70K |
| 2004 | 12.71% | 21.30% | 0.05x | 12.09x | $961.60K |
| 2005 | 13.07% | 19.47% | 0.05x | 12.71x | $1.13 Million |
| 2006 | 12.44% | 19.21% | 0.05x | 11.98x | $966.70K |
| 2007 | 7.78% | 13.20% | 0.06x | 10.26x | $-962.30K |
| 2008 | 10.69% | 15.86% | 0.06x | 11.57x | $316.10K |
| 2009 | 1.54% | 1.93% | 0.06x | 13.55x | $-3.89 Million |
| 2010 | 7.67% | 13.04% | 0.06x | 10.69x | $-1.47 Million |
| 2011 | 8.86% | 15.91% | 0.05x | 10.74x | $-786.80K |
| 2012 | 10.87% | 20.03% | 0.05x | 10.82x | $649.20K |
| 2013 | 9.73% | 19.40% | 0.05x | 10.33x | $-214.20K |
| 2014 | 9.54% | 20.39% | 0.05x | 9.87x | $-391.80K |
| 2015 | 8.59% | 17.23% | 0.05x | 10.29x | $-1.28 Million |
| 2016 | 8.55% | 18.64% | 0.04x | 11.38x | $-1.40 Million |
| 2017 | 8.85% | 20.08% | 0.04x | 10.95x | $-1.36 Million |
| 2018 | 12.42% | 26.66% | 0.04x | 10.54x | $3.19 Million |
| 2019 | 11.46% | 24.30% | 0.05x | 9.84x | $2.17 Million |
| 2020 | 6.66% | 14.77% | 0.04x | 12.10x | $-5.64 Million |
| 2021 | 13.07% | 26.24% | 0.04x | 12.02x | $5.65 Million |
| 2022 | 14.54% | 24.28% | 0.04x | 14.15x | $6.99 Million |
| 2023 | 13.76% | 26.06% | 0.04x | 11.83x | $6.70 Million |
| 2024 | 6.53% | 17.27% | 0.03x | 11.94x | $-6.36 Million |
Industry Comparison
This section compares Evans Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Evans Bancorp Inc (EVBN) | $183.14 Million | 10.41% | 10.94x | $192.32 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |