---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-056141"
form_type: "8-K"
ticker: "EFSI"
cik: "0000880641"
company_name: "EAGLE FINANCIAL SERVICES INC"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T06:27:33.131723+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Eagle Financial Q3 net income $2.3M, up 12.6% QoQ; sells marine finance unit; $0.30 dividend

## Summary
- Net income of $2.3M ($0.65 diluted EPS) vs. $2.1M in Q2 and $4.1M in Q3 2022.
- Sold marine finance business (LaVictoire Finance) to Axos Bank; $52.8M in dealer floor plan loans sold; gain of $913K.
- Quarterly cash dividend of $0.30 per share declared, payable Nov 17, 2023 to holders of record Nov 6.
- Net interest margin fell to 2.93% from 2.99% in Q2 and 3.46% in Q3 2022.
- Nonperforming assets rose to $6.1M (0.32% of assets) vs. $3.3M (0.17%) at June 30, 2023.

## SEC filing metadata
- accession: 0000950170-23-056141
- form_type: 8-K
- ticker: EFSI
- cik: 0000880641
- company_name: EAGLE FINANCIAL SERVICES INC
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880641/000095017023056141/0000950170-23-056141-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880641/000095017023056141/efsi-20231027.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-056141
- JSON: https://secwatch.observer/filing/0000950170-23-056141.json
- Plain text: https://secwatch.observer/filing/0000950170-23-056141.txt

## Key facts
- Earnings Releases
  EAGLE FINANCIAL SERVICES INC reported quarter ended September 30, 2023 results: net income $2.3 million, EPS $0.30 per common share.
  - Period: quarter ended September 30, 2023
  - Net income: $2.3 million
  - EPS: $0.30 per common share
  - Result: reported results
  source text: On October 27, 2023, the Registrant issued a press release announcing the results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/880641/000095017023056141/0000950170-23-056141-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.