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Evans Bancorp (EVBN) will raise its semi-annual dividend by 15 percent to $0.46 per share in the first quarter of 2018. The new dividend yield for EVBN is 2.2%.

Evans Bancorp, Inc. is a financial holding company and the parent company of Evans Bank, N.A., a commercial bank. Evans is a full-service community bank, providing financial services to consumer, business and municipal customers throughout Western New York. Evans Bancorp's insurance subsidiary, The Evans Agency, LLC, provides property and casualty in the Western New York region. Evans Investment Services provides non-deposit investment products, such as annuities and mutual funds.