EFSI

MKT CAP:$208M

Eagle Financial Services, Inc.

Market Cap

$208M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$39.29-$0.15 (-0.38%)

Apr 23, 2026

Company Details

Eagle Financial Services, Inc. operates as the bank holding company for Bank of Clarke County that provides various retail and commercial banking products and services in the Shenandoah Valley and Northern Virginia. The company's deposit pr...

CEO

Brandon Craig Lorey

IPO Date

Jul 5, 2001

Website

www.bankofclarke.bank

Key Metrics TTM

Revenue

$98M

-7.5% YoY

Net Income

$8M

EPS (Diluted)

$1.18

Free Cash Flow

$21M

Revenue / Share

—

Gross Margin

44.2%

Operating Margin

4.6%

Net Margin

7.8%

FCF Margin

21.8%

P/S

2.1x

P/E

27.4x

Earnings Reports

Q1 2026

Apr 23, 2026

NEW

$24M+64.9%EPS $0.69

Q3 2025

Nov 13, 2025

$31M+10.4%EPS $1.04

Q2 2025

Aug 13, 2025

$29M+14.0%EPS $0.98

Q1 2025

May 14, 2025

$14M-41.9%EPS -$1.53

FY 2024

Mar 31, 2025

$106M+10.4%EPS $4.32

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$14M	$14M	$4M
Q2 22	$16M	$15M	$5M
Q3 22	$17M	$16M	$5M
Q4 22	$19M	$15M	$4M
Q1 23	$22M	$15M	$3M
Q2 23	$23M	$15M	$2M
Q3 23	$26M	$16M	$3M
Q4 23	$25M	$15M	$2M
Q1 24	$25M	$15M	$3M
Q2 24	$26M	$16M	$4M
Q3 24	$28M	$16M	$4M
Q4 24	$28M	$17M	$8M
Q1 25	$14M	$3M	-$9M
Q2 25	$29M	$19M	$7M
Q3 25	$31M	$21M	$7M
Q1 26	$24M	$0	$107.0K

Valuation

Quarter	P/S	P/E
Q1 22	2.2x	10.8x
Q2 22	2.1x	9.9x
Q3 22	2.1x	9.5x
Q4 22	1.9x	8.7x
Q1 23	1.6x	8.6x
Q2 23	1.3x	9.0x
Q3 23	1.3x	11.1x
Q4 23	1.1x	11.4x
Q1 24	1.1x	11.3x
Q2 24	1.1x	11.1x
Q3 24	1.1x	10.0x
Q4 24	1.2x	8.4x
Q1 25	1.6x	25.8x
Q2 25	1.4x	17.7x
Q3 25	2.0x	20.4x
Q1 26	1.8x	23.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$4M	$5M
Q1 22	$177.0K	-$154.0K
Q2 22	$3M	$3M
Q3 22	$2M	$2M
Q4 22	$9M	$9M
Q1 23	$214.0K	$207.0K
Q2 23	-$2M	-$3M
Q3 23	$15M	$14M
Q4 23	-$6M	-$6M
Q1 24	$7M	$7M
Q2 24	-$2M	-$2M
Q3 24	$8M	$7M
Q4 24	$6M	$6M
Q1 25	$6M	$5M
Q2 25	$3M	$2M
Q3 25	$8M	$8M

Capital Expenditures

Quarter	CapEx
Q4 21	$77.0K
Q1 22	$331.0K
Q2 22	$77.0K
Q3 22	$85.0K
Q4 22	$345.0K
Q1 23	$7.0K
Q2 23	$509.0K
Q3 23	$611.0K
Q4 23	$56.0K
Q1 24	$94.0K
Q2 24	$421.0K
Q3 24	$231.0K
Q4 24	$273.0K
Q1 25	$537.0K
Q2 25	$262.0K
Q3 25	$380.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+18.7%	+20.6%
Q2 22	+27.9%	+25.2%
Q3 22	+28.4%	+22.6%
Q4 22	+30.8%	+23.5%
Q1 23	+50.3%	+76.5%
Q2 23	+44.2%	+84.7%
Q3 23	+50.6%	+89.8%
Q4 23	+33.4%	+52.4%
Q1 24	+14.4%	+17.3%
Q2 24	+10.0%	+4.8%
Q3 24	+7.8%	+3.5%
Q4 24	+10.1%	-14.2%
Q1 25	-41.9%	+7.6%
Q2 25	+14.0%	+3.7%
Q3 25	+10.4%	-0.2%
Q1 26	-14.3%	+20.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$233.0K	1.6%
Q1 22	$195.0K	1.3%
Q2 22	$222.0K	1.4%
Q3 22	$329.0K	1.9%
Q4 22	$271.0K	1.4%
Q1 23	$317.0K	1.5%
Q2 23	$323.0K	1.4%
Q3 23	$263.0K	1.0%
Q4 23	$310.0K	1.2%
Q1 24	$302.0K	1.2%
Q2 24	$249.0K	1.0%
Q3 24	$93.0K	0.3%
Q4 24	$268.0K	1.0%
Q1 25	$323.0K	2.2%
Q2 25	$290.0K	1.0%
Q3 25	$304.0K	1.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 22	$6M	$111.0K
Q2 22	$6M	$146.0K
Q3 22	$7M	$181.0K
Q4 22	$6M	$332.0K
Q1 23	$8M	$296.0K
Q2 23	$8M	$342.0K
Q3 23	$8M	$228.0K
Q4 23	$10M	$291.0K
Q1 24	$8M	$237.0K
Q2 24	$8M	$245.0K
Q3 24	$8M	$247.0K
Q4 24	$9M	$309.0K
Q1 25	$8M	$183.0K
Q2 25	$641.0K	$152.0K
Q3 25	$9M	$317.0K
Q1 26	$604.0K	$191.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$31M	$179M	$211M
Q3 22	$31M	$152M	$183M
Q4 22	$67M	$149M	$216M
Q1 23	$117M	$149M	$266M
Q2 23	$49M	$143M	$192M
Q3 23	$63M	$134M	$197M
Q4 23	$112M	$137M	$250M
Q1 24	$68M	$132M	$200M
Q2 24	$61M	$129M	$191M
Q3 24	$178M	$130M	$308M
Q4 24	$176M	$994.0K	$177M
Q1 25	$204M	$14M	$217M
Q2 25	$278M	$21M	$299M
Q3 25	$205M	$22M	$227M
Q4 25	$14M	$123M	$137M
Q1 26	$15M	$117M	$132M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	3M	+0.6%	+1.3%
Q2 22	3M	+0.2%	+1.4%
Q3 22	3M	+0.2%	+1.1%
Q4 22	3M	+0.1%	+1.1%
Q1 23	4M	+0.9%	+1.4%
Q2 23	4M	+0.1%	+1.4%
Q3 23	4M	+0.0%	+1.1%
Q4 23	4M	-0.2%	+0.9%
Q1 24	4M	+1.0%	+1.0%
Q2 24	4M	-0.0%	+0.9%
Q3 24	4M	-0.1%	+0.7%
Q4 24	4M	+0.1%	+0.9%
Q1 25	5M	+28.7%	+28.5%
Q2 25	5M	+17.6%	+51.2%
Q3 25	5M	-0.2%	+51.2%
Q1 26	0	-100.0%	-100.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$185.5K	78
Q2 22	$207.7K	78
Q3 22	$219.8K	78
Q4 22	$208.0K	91
Q1 23	$238.9K	91
Q2 23	$256.6K	91
Q3 23	$283.7K	91
Q4 23	$104.8K	241
Q1 24	$103.2K	241
Q2 24	$106.6K	241
Q3 24	$115.5K	241
Q4 24	$120.3K	231
Q1 25	$62.5K	231
Q2 25	$126.7K	231
Q3 25	$133.0K	231
Q1 26	$93.8K	254

Revenue / Employee