Eagle Financial Services Q3 net income $3.4M, EPS $0.97; declares $0.31 dividend

EAGLE FINANCIAL SERVICES INC

2024-Q3 EPS reported $2.58

Net income $3.4M up 47.6% YoY ($2.3M in Q3 2023); EPS $0.97 vs $0.66.
Quarterly dividend of $0.31/share declared, payable Nov 15, 2024 to holders of record Nov 8.
Noninterest income rose 22% to $5.3M driven by $671K BOLI payout and higher loan sale gains.
Net interest margin improved to 2.88% from 2.80% in Q2 2024; deposits grew $57.4M (3.9%).
Nonperforming assets fell to 0.13% of total assets ($2.5M) from 0.18% in Q2 2024.

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