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Evans Bancorp, Inc. Increases Semi-Annual Cash Dividend to $0.60 per Share

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Evans Bancorp, Inc. (the “Company” or “Evans”) (NYSE American: EVBN), a community financial services company serving Western New York since 1920, announced that at its meeting today, the Board of Directors declared a cash dividend of $0.60 per share on its outstanding common stock. This semi-annual dividend represents a $0.02 increase from the previous semi-annual dividend paid in October 2020.

The dividend is payable on April 6, 2021 to shareholders of record as of March 16, 2021. The Company has approximately 5.4 million shares outstanding.

About Evans Bancorp, Inc.

Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank with $2.0 billion in assets and $1.8 billion in deposits at December 31, 2020. Evans is a full-service community bank with 20 financial centers providing comprehensive financial services to consumer, business and municipal customers throughout Western New York. Evans Insurance Agency, a wholly owned subsidiary, provides life insurance, employee benefits, and property and casualty insurance through ten offices in the Western New York region. Evans Investment Services provides non-deposit investment products, such as annuities and mutual funds.

Evans Bancorp, Inc. and Evans Bank routinely post news and other important information on their websites, at www.evansbancorp.com and www.evansbank.com.

Evans Bancorp, Inc.

NYSE:EVBN

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146.97M
4.12M
4.94%
64.83%
1%
Commercial Banking
Finance and Insurance
Link
United States of America
HAMBURG

About EVBN

evans is a full-service financial institution that provides comprehensive community banking services to consumer, business, and municipal customers throughout western new york. with fourteen neighborhood banking offices and nearly 100 years of local management, our values are rooted in the community and relationships you can trust. through our wholly-owned subsidiary, the evans agency, llc provides property and casualty insurance for you and your business through seven insurance offices. our affiliate, evans investment services, inc. provides non-deposit investment and wealth management services. evans is here to help you find a better way for your personal or business banking, insurance, and wealth management needs. contact us or visit any of our locations for more information on our products and services.