Evans Bancorp (NYSE:EVBN) is a publicly traded community bank in western New York. The company has over $1.46b in Total Assets (as of 9/30/19). So the bank is in the sweet $1b - $5b asset size range that we (the Dividend Diplomats) love. Today, we will perform a dividend stock analysis to determine if the company is an undervalued dividend growth stock that meets all of our investing criteria.
Financial Review
Evans Bancorp released the third quarter operating results on October 24, 2019. So the results are pretty recent. The results in the earnings release