Evans Bancorp, Inc. Executes Definitive Merger Agreement to Acquire FSB Bancorp, Inc.
Evans Bancorp, Inc. (EVBN)
NASDAQ:AMEX Investor Relations:
snl.com/irw/corporateprofile/100885
Company Research
Source: Business Wire
FSB stockholders to receive $17.80 per share in stock and cash transaction;representing an 8% premium to tangible book value HAMBURG, N.Y. & FAIRPORT, N.Y.--(BUSINESS WIRE)--Evans Bancorp, Inc. (“Evans”) (NYSE American: EVBN) and FSB Bancorp, Inc. (“FSB”) (Nasdaq: FSBC), jointly announced the execution of a definitive merger agreement whereby Evans will acquire FSB for $17.80 per share for total consideration of approximately $34.7 million. The transaction is proposed to be comprised of 50% stock and 50% cash. Unanimously approved by the Boards of Directors of each company, the transaction is expected to close in the second quarter of 2020, subject to the satisfaction of customary closing conditions, including regulatory approval and FSB stockholder approval. An investor presentation summarizing the transaction is available at www.evansbancorp.com.“FSB has a long-established presence and respected legacy in an attractive market. By combining our organizations, we are advancing our
Show less
Read more
Impact Snapshot
Event Time:
EVBN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EVBN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EVBN alerts
High impacting Evans Bancorp, Inc. news events
Weekly update
A roundup of the hottest topics
EVBN
News
- EVANS BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Evans Bancorp, Inc. - EVBNBusiness Wire
- Evans Bancorp Reports Net Income of $2.9 Million In Third Quarter 2024Business Wire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates NAPA, MNTX, SMAR, EVBN on Behalf of ShareholdersPR Newswire
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates FYBR, CNOB, EVBN on Behalf of ShareholdersPR Newswire
- SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Investigates the Merger of Evans Bancorp Inc. - EVBNPR Newswire
EVBN
Earnings
- 4/30/24 - Miss
EVBN
Sec Filings
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- EVBN's page on the SEC website