EVBN – Evans Bancorp Inc

Not Compliant

Evans Bancorp Inc is not Shariah Compliant because of its involvement in Banks (NEC) and related activities.

Evans Bancorp, Inc. is a financial holding company. The Company conducts its business through its two direct, wholly owned subsidiaries: Evans Bank, National Association (the Bank), and the Bank’s subsidiaries, Evans National Leasing, Inc. (ENL), and Evans National Holding Corp. (ENHC); and Evans National Financial Services, LLC (ENFS). Its segments include banking activities and insurance agency activities. The banking activities segment includes both commercial and consumer banking services, including a range of lending and depository services, as well as offering non-deposit investment products, such as annuities and mutual funds. The insurance agency activities segment includes the activities of selling various premium-based insurance policies on a commission basis, including business and personal insurance, employee benefits, surety bonds, and risk management.

AAOIFI ✗

Debt ÷ Market cap (MC)25.55
Non-Compliant Assets ÷ MC179.62

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