Evans Bancorp (EVBN) will increase its semi-annual dividend by another 3.2 percent to 64 cents per share in 2022. This marks 11 years in a row of increased annual dividends by EVBN.

Evans Bancorp, Inc., a community financial services company serving Western New York since 1920, announced today that its Board of Directors declared a cash dividend of $0.64 per share on its outstanding common stock. This semi-annual dividend represents a $0.02 increase from the previous semi-annual dividend paid in April 2022.

The dividend is payable on October 4, 2022 to shareholders of record as of September 13, 2022. The Company has approximately 5.5 million shares outstanding.

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 with 21 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.