secwatch.observer — SEC 8-K summary
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Issuer:     EAGLE FINANCIAL SERVICES INC (EFSI)
CIK:        0000880641
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0000950170-24-117308
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880641/000095017024117308/0000950170-24-117308-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880641/000095017024117308/efsi-20241025.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-117308

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