Evans Bancorp, Inc. Set to Join Russell 3000® Index
22 Junho 2023 - 5:15PM
Business Wire
Evans Bancorp, Inc. (the “Company” or “Evans”) (NYSE American:
EVBN), a community financial services company serving Western New
York since 1920, today announced it will be added to the Russell
3000® Index, effective after the U.S. market opens on June 26,
2023, as part of the 2023 Russell indexes reconstitution. Based
upon its membership in the Russell 3000® Index, Evans will also
become a member of the small-cap Russell 2000® Index.
David J. Nasca, President and CEO of Evans Bancorp, Inc.,
commented, “Rejoining the Russell indexes marks an important
milestone, which we believe will help increase our visibility and
exposure to the investment community and lead to greater liquidity
in our stock.”
Membership in the Russell 3000® Index, which remains in place
for one year, means automatic inclusion in the small-cap Russell
2000® Index as well as the appropriate growth and
value style indexes. FTSE Russell determines membership for its
Russell indexes primarily by objective, market-capitalization
rankings and style attributes.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $12.1 trillion in
assets are benchmarked against Russell’s US indexes. Russell
indexes are part of FTSE Russell, a leading global index
provider.
For more information on the Russell 2000® Index and the Russell
indexes reconstitution, go to the “Russell Reconstitution” section
on the FTSE Russell website.
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 $2.1
billion in assets and $1.8 billion in deposits at March 31, 2023.
Evans is a full-service community bank with 18 branches 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
eight 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.
Safe Harbor Statement: This news release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements include, but are not limited to, statements concerning
future business, revenue and earnings. These statements are not
historical facts or guarantees of future performance, events or
results. There are risks, uncertainties and other factors that
could cause the actual results of Evans Bancorp to differ
materially from the results expressed or implied by such
statements. Factors that may cause actual results to differ
materially from those contemplated by such forward-looking
statements include competitive pressures among financial services
companies, interest rate trends, general economic conditions,
changes in legislation or regulatory requirements, effectiveness at
achieving stated goals and strategies, and difficulties in
achieving operating efficiencies. These risks and uncertainties are
more fully described in Evans Bancorp’s Annual and Quarterly
Reports filed with the Securities and Exchange Commission.
Forward-looking statements speak only as of the date they are made.
Evans Bancorp undertakes no obligation to publicly update or revise
forward-looking information, whether as a result of new, updated
information, future events or otherwise.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230622372383/en/
For more information contact: John B. Connerton Executive
Vice President and Chief Financial Officer (716) 926-2000
jconnerton@evansbank.com
Media Contact: Kathleen Rizzo Young Group VP/Public &
Community Relations Director 716-343-5562
krizzoyoung@evansbank.com
-OR- Deborah K. Pawlowski/Craig Mychajluk Kei Advisors
LLC (716) 843-3908 dpawlowski@keiadvisors.com
cmychajluk@keiadvisors.com
Evans Bancorp (AMEX:EVBN)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Evans Bancorp (AMEX:EVBN)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024