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M. P. Evans successfully completes acquisition of palm oil plantations in Indonesia
M. P. Evans has completed the acquisition of two Indonesian palm oil plantation companies for 35.1 million US dollars, expanding its operations in East Kalimantan. The total area of plantations managed by the group at Bumi Mas will increase to nearly 12,000 hectares, while the total planted area in Indonesia will reach around 70,000 hectares. The company expects the acquisition to be immediately earnings accretive and plans to manage the new areas in line with its sustainability commitments. » More on de.investing.com
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | 2024 | YoY |
|---|---|---|
| Revenue | 66.51M | 21.88% |
| Gross profit | 66.51M | 21.89% |
| Net profit | 11.49M | 48.22% |
| EBITDA | 0 | - |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €196.67M |
Number of shares | 5.57M |
52-week high/low | €41.30 - €21.51 |
| Dividends | No |
Beta | 0.75 |
P/E ratio | 18.39 |
PEG ratio | -0.35 |
P/B ratio | 1.19 |
P/S ratio | 3.18 |
Company profile
Evans Bancorp, Inc. primarily operates as the financial holding company for Evans Bank, N.A. that provides a range of banking products and services to consumer and commercial customers in Western New York and the Finger Lakes Region of New York State. It operates in two segments, Banking Activities and Insurance Agency Activities. The company offers deposit products, which include checking and negotiable order of withdrawal accounts, savings accounts, and certificates of deposit. It also provides residential mortgages; commercial and multi-family mortgages and commercial construction loans; home equities, such as home equity lines of credit and second mortgage loans; commercial and industrial loans comprising term loans and lines of credit; consumer loans, including direct automobile, recreational vehicle, boat, home improvement, and personal loans; other loans consisting of cash reserves, overdrafts, and loan clearing accounts; and installment loans. In addition, the company sells various premium-based insurance policies, including business and personal insurance, employee benefits, surety bonds, risk management, life, disability, and long-term care coverage, as well as provides claims adjusting services to various insurance companies; and non-deposit investment products, such as annuities and mutual funds. It operates through a total of 21 full-service banking offices in Erie County, Niagara County, Monroe County, and Chautauqua County, New York. Evans Bancorp, Inc. was founded in 1920 and is headquartered in Williamsville, New York.
| Name | EVANS BANCORP INC. DL-,50 |
| CEO | David John Nasca |
| Headquarters | Williamsville,
ny USA |
| Website | |
| IPO | 04/16/2002 |
| Employees | 266 |
Ticker symbols
| Exchange | Symbol |
|---|---|
AMEX | EVBN |