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Evans makes American Banker list

Hamburg-based Evans Bancorp was ranked No. 102 on American Banker's list of community banks with the highest returns on average equity over a three-year period. Evans' was 9.6 percent, which was virtually the median for the list of 200, according to data from SNL Financial.

New York state had 17 banks on the list of 200, the third highest in the report.

Evans also made KBW's "Bank Honor Roll" of performers, as did M&T Bank Corp. The two were among 14 new members of that list of U.S. banking institutions.

KBW says its list acknowledges companies "that have managed to successfully navigate a variety of obstacles as they have arisen, despite difficult conditions in what remains a rate-challenged environment."

KBW's list is for publicly traded institutions with more than $500 million in assets that meet three criteria: no annual loss reported in net income per share before extraordinary items over the past 10 years; 2012 annual reported net income per share before extraordinary items equal to or greater than peak net income per share over the past 10 years; and consecutive increases in net income per share before extraordinary items since 2009.

Out of 400 companies screened for the list, 47 qualified, up from 45 in the previous year, KBW said.

-- Matt Glynn

 

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