Eagle Financial Services, Inc. (EFSI) Stock

Eagle Financial Services, Inc. (EFSI) is a Financials stock trading at $42.16 (as of 2026-08-21), with a market capitalization of $228.15M and a trailing P/E of 12.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Eagle Financial Services, Inc. is the bank holding company for Bank of Clarke County, providing retail and commercial banking and related financial services. It offers deposit accounts and loans and also provides personal and retirement plan services, investment and brokerage products, title insurance, and electronic and remote banking services to customers in the Shenandoah Valley and Northern Virginia.

Understand Eagle Financial Services, Inc.: how it makes money

Eagle Financial Services is the bank holding company for Bank of Clarke County, offering retail and commercial banking products by taking deposits and making loans across areas like 1 to 4 family residential real estate, commercial real estate, construction and land development, and commercial and industrial loans.

For this bank, profit generation is primarily driven by the net interest spread, supported by a high share of core deposits (Core Deposit Funded Percentage 92%), which means earnings can be sensitive to interest rate conditions and the performance of the loan portfolio (including CRE and construction exposure).

Business quality (Weak): In the latest period (2026-03-31), reported credit stress looks limited (Nonperforming Assets 0.01 USD_B, Nonaccrual Loans 0.0 USD_B), efficiency is moderate (Efficiency Ratio 68.0), and returns and profitability are positive (Annualized Return on Average Assets 0.81%, Annualized Return on Average Equity 7.98%, operating margin 19.6%).

Valuation: At 11× earnings, EFSI trades 10% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

Credit quality appears contained: Nonperforming Assets are 0.01 USD_B and Nonaccrual Loans are 0.0 USD_B.
Funding mix relies heavily on core deposits: Core Deposit Funded Percentage is 92.0%, supporting the bank's interest-earning model.
Operating performance is positive: Annualized Return on Average Assets is 0.81% and Annualized Return on Average Equity is 7.98%, with operating margin at 19.6%.

Bear case

Funding risk from uninsured deposits: Uninsured Deposits are 0.21 USD_B, which can increase sensitivity to funding conditions.
Loan growth appears uneven: Loan Originations Year to Date is 0.0 USD_B, while Loan Pipeline is 0.28 USD_B, implying timing risk between pipeline build-up and actual closings.
Portfolio sensitivity to real estate and construction cycles: The loan portfolio includes commercial real estate and construction and land development, which can be vulnerable during weaker economic conditions.

Valuation — source: SEC EDGAR (first-party)
Price	$42.16
Market Cap	$228.15M
P/E Ratio	12.6
EV / EBITDA	4.7
Price / Sales	2.33
FCF Yield	6.5%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$99.00M
Net Margin	8.3%
Revenue Growth (YoY)	8.4%
EPS Growth (YoY)	-63.2%
FCF Growth (YoY)	37.2%

Valuation vs Sector & Industry
Stock P/E	12.6
Sector P/E (Financials)	15.1
Industry P/E (Banking)	13.0
vs Sector	-16.3%
vs Industry	-2.5%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	Fourthstone LLC ($18.62M)
Institutional Holders Tracked	10

Company
Sector	Financials
Industry	Banking
CEO	Brandon Craig Lorey
Employees	225
Country	US
IPO Date	2001-07-05

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.