EFSI News & Events

Brandon Lorey, President and CEO, stated, "2025 was a pivotal year for our organization, marked by a successful capital raise, the strategic balance sheet repositioning, and subsequent uplist to NASDAQ that have significantly strengthened our balance sheet and improved our forward earnings profile. Net of the 2024 sale leaseback transaction, annualized return on average assets increased 36%, led by a 19% improvement in net interest margin over the year. Importantly, the steps we have taken-both operationally and strategically-have further strengthened our franchise value, positioning us for sustained growth, resilience, and enhanced competitiveness in the years ahead. I want to extend my sincere appreciation to our employees, whose dedication and professionalism made this progress possible. To our customers, thank you for placing your trust in us every day. And to our shareholders, we are grateful for your continued confidence and support as we advance our strategic priorities."

Net interest income increased by $1.5M or 9.6% during the quarter to $17.2M when compared to the second quarter of 2025. Brandon Lorey, President and CEO, stated, "We are pleased to report another strong quarter for Eagle Financial Services, Inc., with net income rising to $5.6 million and continued growth in our core lending and wealth management businesses. Our team's disciplined approach to balance sheet management and focus on operational efficiency have resulted in a net interest margin of 3.58% and an improved efficiency ratio. I am also happy to announce the promotion of Nick Smith, our EVP of Corporate Strategy and Investor Relations, to EVP, Deputy CFO. This appointment strengthens our financial leadership and underscores our commitment to disciplined succession planning and our continued focus on long-term strategic objectives. We remain committed to supporting our customers and communities while delivering consistent value to our shareholders. I want to thank our employees for their dedication and our clients for their trust in Bank of Clarke."