Eagle Financial Services Inc. (NASDAQ:EFSI) Plans $0.31 Quarterly Dividend

Key Points

• Eagle Financial Services declared a quarterly dividend of $0.31 per share, payable May 15 to shareholders of record on May 4, implying a 3.2% yield and marking the 14th consecutive year of annual dividend increases despite a near-flat three‑year raise rate.
• The company missed quarterly expectations, reporting EPS of $0.69 versus the $0.86 consensus and revenue of about $20.85M versus $21.18M expected; the stock trades near $39.29 with a market cap around $212.6M and a P/E of ~30.2, while analysts forecast full‑year EPS of 3.45.

Eagle Financial Services Inc. (NASDAQ:EFSI - Get Free Report) announced a quarterly dividend on Thursday, April 23rd. Investors of record on Monday, May 4th will be paid a dividend of 0.31 per share on Friday, May 15th. This represents a c) dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Monday, May 4th.

Eagle Financial Services has raised its dividend by an average of 0.0%per year over the last three years and has increased its dividend every year for the last 14 years.

Eagle Financial Services Trading Up 0.4%

EFSI stock opened at $39.29 on Friday. Eagle Financial Services has a twelve month low of $28.70 and a twelve month high of $41.12. The stock has a market capitalization of $212.56 million, a price-to-earnings ratio of 30.22 and a beta of 0.19. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.37. The firm's fifty day simple moving average is $36.01 and its two-hundred day simple moving average is $37.36.

Eagle Financial Services (NASDAQ:EFSI - Get Free Report) last announced its earnings results on Thursday, April 23rd. The company reported $0.69 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.17). Eagle Financial Services had a net margin of 7.76% and a return on equity of 9.87%. The business had revenue of $20.85 billion for the quarter, compared to analysts' expectations of $21.18 million. As a group, analysts anticipate that Eagle Financial Services will post 3.45 earnings per share for the current year.

About Eagle Financial Services

Eagle Financial Services, Inc NASDAQ: EFSI is the bank holding company for Eagle National Bank, a community-oriented financial institution headquartered in Fredericksburg, Virginia. The company offers a broad range of retail and commercial banking solutions, focusing on personalized service for individuals, small businesses, and nonprofit organizations. Through its subsidiary, Eagle National Bank, it maintains a commitment to local decision-making and relationship-driven service.

Eagle Financial Services provides deposit products including checking and savings accounts, money market funds, certificates of deposit, and individual retirement accounts.

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