Eagle Financial Services Reports Q1 Net Income of $3.7 Million with Margin and Efficiency Gains
Eagle Financial Services (NASDAQ:EFSI) reported Q1 net income of $3.7 million ($0.69/share), driven by margin expansion and improved efficiency, though earnings were slightly below the prior quarter. The company also noted an increase in credit loss provisions and a reduction in FHLB borrowing.
Topics: Credit Losses Earnings Efficiency Ratio Loan Activity Net Income