Karthik Shyamsunder
On May 20, 2025, the Board of Directors of Eagle Financial Services, Inc. (the “Company”) appointed Karthik Shyamsunder as a new director of the Company and its subsidiary bank, Bank of Clarke (the “Bank”), effective immediately.
Highest-materiality recent filing
Six director nominees elected: Brandon C. Lorey, Douglas C. Rinker, John D. Stokely, Brian T. Strosser, Susan D. Davies, Karthik Shyamsunder (for votes 3.4M-3.5M each).
Eagle Financial Services announces Q1 2026 earnings; details not disclosed in filing
Company issued press release and earnings presentation for Q1 2026 results.
Eagle Financial Services appoints Brian Strosser and Susan Davies to board; Robert Smalley to retire
Brian T. Strosser, age 56, appointed as director of Eagle Financial Services and Bank of Clarke, effective February 25, 2026.
Eagle Financial Services announces Q4 2025 results; details in press release
Quarter ended December 31, 2025 results released on January 26, 2026.
Eagle Financial declares $0.31/share dividend; Q4 earnings release on Jan 26
Regular cash dividend of $0.31 per common share declared, payable February 13, 2026 to holders of record February 2, 2026.
Eagle Financial Q3 net income $5.6M ($1.04 EPS), NIM expands to 3.58%
Net income $5.584M, up 63% YoY; diluted EPS $1.04 vs $0.97 year ago.
Eagle Financial Services reports Q2 2025 results; details not available in filing text
Press release and investor presentation issued for quarter ended June 30, 2025 on July 24.
Eagle Financial appoints Karthik Shyamsunder to board; shareholders approve all proposals
Appointed Karthik Shyamsunder, VP & Distinguished Engineer at VeriSign, as director effective May 20, 2025.
Eagle Financial Services reports Q1 2025 earnings; specific figures not available in filing excerpt
Issued press release and earnings presentation for quarter ended March 31, 2025 on April 25, 2025.
Eagle Financial Services completes overallotment, issuing 234,375 shares at $32 for ~$7.1M net
Underwriters exercised overallotment option, selling additional 234,375 shares of common stock at $32.00 per share.
Eagle Financial Services prices 1.56M share offering at $32/sh, net proceeds ~$46.4M
Offering of 1,562,500 shares at $32.00/share; expected net proceeds ~$46.4M after underwriting discounts and expenses.
Eagle Financial Services Q4 net income $6.2M ($1.74 EPS); declares $0.31 dividend
Net income $6.2M vs $3.4M Q3 2024; diluted EPS $1.74, up from $0.86 in Q3.
Chairman Thomas Gilpin to retire from Eagle Financial Services board at 2025 annual meeting
Thomas T. Gilpin notified board he will retire and not stand for re-election at the 2025 annual meeting.
Eagle Financial Services presents at D.A. Davidson conference; no material new info disclosed
Participated in D.A. Davidson Financial Institutions Group Virtual Bison Select Conference on Dec 4, 2024.
Eagle Financial Services Q3 net income $3.4M, EPS $0.97; declares $0.31 dividend
Net income $3.4M up 47.6% YoY ($2.3M in Q3 2023); EPS $0.97 vs $0.66.
Eagle Financial Services reauthorizes stock repurchase of up to 150,000 shares through June 30, 2025
Board of Directors reauthorized buyback of up to 150,000 shares of common stock.
Company presented at Keefe, Bruyette & Woods Community Bank Investor Conference on July 30-31, 2024.
Eagle Financial Q2 net income $3.2M, EPS $0.89; declares $0.30 dividend
Net income $3.2M, up 25% QoQ and 55% YoY; EPS $0.89 vs $0.72 prior quarter.
Eagle Financial Services shareholders elect four directors and ratify auditor
Elected Mary Bruce Glaize, Edward Hill III, Tatiana C. Matthews, Cary C. Nelson as directors for 3-year terms.
Eagle Financial Services Q1 net income $2.5M, EPS $0.72; declares $0.30 dividend
Net income $2.5M, EPS $0.72 for Q1 2024, up 6.4% from Q4 2023 ($2.4M, $0.69).
Eagle Financial Q4 net income $2.4M (-25% YoY); NIM 2.85%; declares $0.30 dividend
Net income $2.4M for Q4 2023, down 25.1% from $3.2M in Q4 2022; up 3.3% from Q3 2023.
Eagle Financial Q3 net income $2.3M, up 12.6% QoQ; sells marine finance unit; $0.30 dividend
Net income of $2.3M ($0.65 diluted EPS) vs. $2.1M in Q2 and $4.1M in Q3 2022.
Eagle Financial Services sells marine finance business to Axos Bank for $1.5M plus $61.8M loans
Asset purchase price $1.5M for servicing rights, client lists, and other assets of LaVictoire Finance.
Eagle Financial Services presents at KBW conference; no specific disclosures in filing
Participated in Keefe, Bruyette & Woods Community Bank Investor Conference on August 8-9, 2023.
Eagle Financial Services issues Q2 2023 results; no financial details in filing
Press release dated July 26, 2023, attached as Exhibit 99.1 but not included in provided text.
Shareholders approve directors, auditor, and stock incentive plan at annual meeting
All three director nominees elected: Lorey (1,631,324 for), Rinker (1,618,560), Stokely (1,630,124); each had 717,230 broker non-votes.
Eagle Financial Services reports Q1 2023 results via press release
Press release issued on May 2, 2023 covering results for quarter ended March 31, 2023.
Eagle Financial Services reports Q4 2022 earnings; no specific figures in filing text
Press release issued January 31, 2023 covering the quarter ended December 31, 2022.
Eagle Financial declares $0.30 quarterly dividend payable Feb 17
Dividend of $0.30 per common share declared on January 25, 2023.
Aaron M. Poffinberger appointed EVP/COO of Bank of Clarke County with $230k salary
Appointed EVP and COO of Bank of Clarke County effective Dec 1, 2022; previously EVP and CRO.
Eagle Financial Services reports Q3 2022 results via press release; no details in filing body
October 27, 2022 earnings announcement for quarter ended September 30, 2022.
Eagle Financial reports record Q2 net income of $4.0M, raises dividend to $0.29
Net income $4.0M ($1.14 EPS), up 32.9% YoY from $3.0M; ROAA 1.16%, ROAE 15.86%
Joseph T. Zmitrovich appointed President and Chief Banking Officer for Bank of Clarke County (subsidiary) effective May 31, 2022.
Eagle Financial shareholders elect all six director nominees; approve auditor and say-on-pay
All six director nominees elected with at least 1,582,009 votes; broker non-votes of 726,267.
Eagle Financial Q1 net income $3.3M ($0.94 EPS); loan portfolio tops $1B
Net income $3.3M, up 42.4% QoQ and 13.6% YoY; diluted EPS $0.94, annualized EPS record $3.80.
Eagle Financial declares $0.28 quarterly dividend payable May 16
Regular cash dividend of $0.28 per common share declared on April 20, 2022.
Eagle Financial Services completes $30M subordinated notes offering
Issued $30M aggregate principal of 4.50% Fixed-to-Floating Rate Subordinated Notes due April 1, 2032.
Eagle Financial Services issues Q4 2021 earnings press release; no financial data in this 8-K
Company reported results for quarter ended December 31, 2021, via press release.
Eagle Financial Services appoints two directors, declares $0.28 quarterly dividend
Tanya Matthews and Edward Hill appointed to board of Eagle Financial Services and Bank of Clarke County, effective Jan 26, 2022.
Investor presentation furnished; no specific financial data available in provided text
Filing is a Regulation FD disclosure of an investor presentation for D.A. Davidson conference.
Eagle Financial Services Q3 net income $2.9M, EPS $0.83; loan growth $45.8M
Net income of $2.9M down 4.3% from Q2 and 15.6% YoY; diluted EPS $0.83.
Eagle Financial Services director Debra E. Addo retires effective immediately
Director Debra E. Addo retired from Board effective September 10, 2021.
Eagle Financial Services Q2 net income $3.0M, EPS $0.87, raises dividend to $0.28
Net income $3.0M, up 4.9% from Q1 2021 and 6.5% YoY; diluted EPS $0.87.
On May 20, 2025, the Board of Directors of Eagle Financial Services, Inc. (the “Company”) appointed Karthik Shyamsunder as a new director of the Company and its subsidiary bank, Bank of Clarke (the “Bank”), effective immediately.
On December 1, 2022, Aaron M. Poffinberger was appointed Executive Vice President and Chief Operating Officer for the Bank of Clarke County
A copy of the Company’s press release with respect to the appointment of Mr. Zmitrovich as President and Chief Banking Officer for the Bank is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Max materiality 0.75 · Median 0.35 · Most common event earnings