---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-048729"
form_type: "8-K"
ticker: "EFSI"
cik: "0000880641"
company_name: "EAGLE FINANCIAL SERVICES INC"
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T07:00:45.657569+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Eagle Financial Services Q1 net income $2.5M, EPS $0.72; declares $0.30 dividend

## Summary
- Net income $2.5M, EPS $0.72 for Q1 2024, up 6.4% from Q4 2023 ($2.4M, $0.69).
- Noninterest expenses fell $903K (6.8%) to $12.4M; efficiency ratio improved to 77.73% from 83.01%.
- Net interest margin 2.91%, down from 3.27% in Q1 2023; total assets $1.78B, down 2.34% from Dec 2023.
- Nonperforming assets decreased to $5.0M (0.28% of assets) from $6.1M at Dec 2023; provision for credit losses $475K.
- Board declares $0.30 quarterly dividend, payable May 17, 2024 to shareholders of record May 6, 2024.

## SEC filing metadata
- accession: 0000950170-24-048729
- form_type: 8-K
- ticker: EFSI
- cik: 0000880641
- company_name: EAGLE FINANCIAL SERVICES INC
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/880641/000095017024048729/0000950170-24-048729-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/880641/000095017024048729/efsi-20240426.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-048729
- JSON: https://secwatch.observer/filing/0000950170-24-048729.json
- Plain text: https://secwatch.observer/filing/0000950170-24-048729.txt

## Key facts
- Earnings Releases
  EAGLE FINANCIAL SERVICES INC reported quarter ended March 31, 2024 results: net income $2.5 million, EPS $0.72.
  - Period: quarter ended March 31, 2024
  - Net income: $2.5 million
  - EPS: $0.72
  - Result: reported results
  source text: Earnings per share increased by $0.03 for the quarter to $0.72.
  evidence_url: https://www.sec.gov/Archives/edgar/data/880641/000095017024048729/0000950170-24-048729-index.htm
- Earnings Releases
  EAGLE FINANCIAL SERVICES INC reported first quarter 2024 results: net income $2.5 million, EPS $0.72.
  - Period: first quarter 2024
  - Net income: $2.5 million
  - EPS: $0.72
  - Result: reported results
  source text: Net income for the quarter ended March 31, 2024 was $2.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/880641/000095017024048729/0000950170-24-048729-index.htm

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