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Evans Bancorp ( (EVBN) ) has issued an announcement.
On May 2, 2025, Evans Bancorp, Inc. and its subsidiary, Evans Bank, were acquired by NBT Bancorp Inc. through a merger agreement. As a result of the merger, Evans Bancorp ceased to exist as an independent entity, and its common stock was delisted from the New York Stock Exchange. Shareholders of Evans received 0.91 shares of NBT common stock for each share of Evans common stock. This acquisition led to the termination of Evans’s reporting obligations under the Securities Exchange Act of 1934.
Spark’s Take on EVBN Stock
According to Spark, TipRanks’ AI Analyst, EVBN is a Neutral.
Evans Bancorp’s stock performance is supported by stable financial health and reasonable valuation, though it faces challenges in revenue consistency and cash flow conversion. Technical indicators suggest mixed market sentiment, with potential short-term overbought conditions. The lack of recent earnings call insights limits additional assessment.
To see Spark’s full report on EVBN stock, click here.
More about Evans Bancorp
YTD Price Performance: -7.16%
Average Trading Volume: 23,712
Technical Sentiment Signal: Sell
Current Market Cap: $220.1M
For a thorough assessment of EVBN stock, go to TipRanks’ Stock Analysis page.