EFSI
Eagle Financial Services, Inc.Financial Services·Banks - Regional
$39.46
$214M market cap
Revenue
$53.9M
Free Cash Flow
$15.1M
Rev Growth
+0.0%
FCF Margin
28.1%
P/FCF
14.1x
EV/FCF
15.7x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
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 products include checking, NOW, money market, and regular savings accounts; and demand and time deposits. Its loan portfolio comprises one-to-four-family residential real estate, commercial real estate, construction and land development, and commercial and indus
2-Year Price History
$39.12+40.1%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 23.8 | -0.3 | -0.3 | 3.7 | 4.3 | 4.1 | -0.2 | 14.5 | 39.3 | 5.4 | -1.1% | -0.0x | -- |
| Act | 2025-Q4 | 30.1 | 5.5 | 5.5 | 4.3 | 11.3 | 11.1 | -0.2 | 137.3 | 69.6 | 5.4 | 13.2% | 0.7x | -- |
Valuation & Metrics
Market Stats
Price$39.46
Market Cap$214M
Enterprise Value$238M
P/S Ratio4.0x
P/FCF14.1x
EV/FCF15.7x
FCF Margin (TTM)28.1%
FCF Yield7.1%
Dividend Yield (TTM)3.9%
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$53.9M
Net Income$8.1M
Free Cash Flow$15.1M
Revenue Growth (YoY)+0.0%
EBITDA Margin9.7%
Net Margin15.0%
FCF Margin28.1%
CapEx % of Revenue0.8%
SBC % of Revenue0.0%
ROIC6.1%
WC Change % Rev0.0%
Interest Coverage0.3x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares0.1M
Days to Cover6.8
Change (vs Prior)+12.0%
Need at least 2 settlement dates for chart
Employees
Headcount225
Revenue / Employee$239,716
Gross Profit / Employee$164,227
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
26.5%(-0.4% YoY)
65 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
13.6%(+8.1% YoY)
9 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-0.2% YoY)
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| Fourthstone LLC | $18.6M | $34.39 | +$2.7M | +$9.1M | -1.8% | $590M |
| BlackRock, Inc.Passive | $9.8M | $30.69 | −$85K | +$7.5M | -0.2% | $5.69T |
| WELLINGTON MANAGEMENT GROUP LLP | $9.8M | $31.36 | −$1.3M | −$1.9M | -0.3% | $533.98B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $8.5M | $34.69 | +$8.5M | +$8.5M | — | $4.04T |
| GRAHAM CAPITAL WEALTH MANAGEMENT, LLC | $4.8M | $30.26 | +$304K | +$4.8M | -0.6% | $113M |
| ALLIANCEBERNSTEIN L.P. | $4.1M | $31.36 | −$679K | −$4.4M | -0.3% | $307.70B |
| MALTESE CAPITAL MANAGEMENT LLC | $3.7M | $31.22 | −$763K | −$3.2M | -0.7% | $508M |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $3.6M | $30.37 | −$93K | +$2.1M | +2.3% | $1.61T |
| STATE STREET CORPPassive | $3.0M | $32.93 | −$14K | +$3.0M | -0.2% | $2.89T |
| BANC FUNDS CO LLC | $2.3M | $31.36 | +$0 | +$0 | -1.3% | $537M |
| CHOREO, LLC | $2.1M | $29.59 | +$0 | +$2.1M | -0.6% | $8.12B |
| NORTHERN TRUST CORPPassive | $1.2M | $30.31 | +$60K | +$846K | -0.2% | $755.34B |
| VANGUARD FIDUCIARY TRUST COPassive | $1.1M | $34.69 | +$1.0M | +$1.1M | — | $395.83B |
| MORGAN STANLEY | $982K | $31.39 | −$134K | +$332K | -0.3% | $1.65T |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $929K | $34.69 | +$922K | +$929K | — | $1.91T |
| DIMENSIONAL FUND ADVISORS LPPassive | $843K | $36.64 | +$290K | +$843K | -0.4% | $480.92B |
| EJF Capital LLC | $836K | $31.36 | −$689K | −$4.7M | -5.6% | $142M |
| GOLDMAN SACHS GROUP INC | $690K | $33.26 | +$405K | +$384K | -0.2% | $760.93B |
| TWO SIGMA INVESTMENTS, LP | $574K | $32.40 | −$72K | +$574K | -0.9% | $117.03B |
| UNITED CAPITAL FINANCIAL ADVISERS, LLC | $566K | $36.90 | +$0 | +$566K | -0.3% | $15.94B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)NEUTRAL
Holders
-0.92%
avg per quarter
Holders (ex-self)
-0.91%
excl. this stock
Buyers (this Q)
-0.62%
21 buyers · $0.01B in
Sellers (this Q)
-0.72%
30 sellers · $0.01B out
alpha coverage: 88% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-4.8%
how holders react when this stock falls
On quiet Qs
-13.7%
−10% to +10% baseline
On rallies (+10%+)
+15.7%
how they react when this stock rises
Holders' portfolio flow this Q
+1.9%
inflows — adds are organic
Sellers' portfolio flow this Q
+1.6%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-9.5%
Holder mid (any stock)
-5.4%
Holder rally (any stock)
-3.4%
Biggest decreases this quarter
WELLINGTON MANAGEMENT GROUP LLP−$1.3Mα-0.3MALTESE CAPITAL MANAGEMENT LLC−$763Kα-0.7EJF Capital LLC−$689Kα-5.6ALLIANCEBERNSTEIN L.P.−$679Kα-0.3Nuveen, LLCexited−$239KBARCLAYS PLC−$210Kα-0.1MORGAN STANLEY−$134Kα-0.3GEODE CAPITAL MANAGEMENT, LLC−$93Kα+2.3BlackRock, Inc.−$85Kα-0.2TWO SIGMA INVESTMENTS, LP−$72Kα-0.9
New buyers this quarter
Top-5 holders · 60.2%
Fourthstone LLC--
BlackRock, Inc.--
WELLINGTON MANAGEMENT GROUP LLP--
VANGUARD CAPITAL MANAGEMENT LLC--
GRAHAM CAPITAL WEALTH MANAGEMENT, LLC--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
Fourthstone LLC532KWELLINGTON MANAGEMENT GROUP LLP280KMALTESE CAPITAL MANAGEMENT LLC107KALLIANCEBERNSTEIN L.P.104KEJF Capital LLC24KGRAHAM CAPITAL WEALTH MANAGEMENT, LLC137KAzora Capital LP—UBS Group AG9KBANC FUNDS CO LLC65KJACOBS ASSET MANAGEMENT, LLC—
Analyst Coverage
Analyst Coverage
Price Targets
Last Year (2 analysts)$43.00900.0%
Current Price$39.46
Analyst Ratings
2
1
Buy: 2Hold: 1Consensus: Buy
Corporate
Insider Trading (last 12mo)
Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$221K
9 txns · 4 insiders · 6,663 sh
Sells ($, 12mo)
$233K
3 txns · 3 insiders · 6,337 sh
Recent transactions
| Date | Side | Insider | Title | Shares | Price | Dollars | Owned $ |
|---|---|---|---|---|---|---|---|
| 2026-04-29 | SELL | SCHMIDT MARIANNE | officer: EXECUTIVE OFFICER | 388 | $37.95 | $15K | $143K |
| 2026-03-11 | BUY | HAMBERGER SCOTT M | director | 909 | $33.00 | $30K | $84K |
| 2026-03-05 | BUY | HILL EDWARD III | director | 939 | $34.62 | $33K | $194K |
| 2026-03-02 | BUY | Lorey Brandon Craig | director, officer: EXECUTIVE OFFICER | 350 | $34.53 | $12K | $1.53M |
| 2026-02-27 | BUY | HAMBERGER SCOTT M | director | 945 | $36.00 | $34K | $396K |
| 2026-01-30 | BUY | HAMBERGER SCOTT M | director | 597 | $37.99 | $23K | $382K |
| 2025-12-03 | SELL | BRAITHWAITE TODD A | officer: EXECUTIVE OFFICER | 56 | $38.90 | $2K | $342K |
| 2025-10-29 | SELL | STOKELY JOHN D JR | director | 5,893 | $36.60 | $216K | $0 |
| 2025-07-31 | BUY | SMITH NICHOLAS PETER | officer: EXECUTIVE OFFICER | 303 | $33.00 | $10K | $132K |
| 2025-06-12 | BUY | HILL EDWARD III | director | 1,000 | $29.93 | $30K | $117K |
| 2025-06-02 | BUY | HAMBERGER SCOTT M | director | 771 | $31.00 | $24K | $321K |
| 2025-05-23 | BUY | HAMBERGER SCOTT M | director | 849 | $31.00 | $26K | $297K |
Order Flow (FINRA, ~3w lag)
37.5%retail+9.1pp
12.2%dark-5.0pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Eagle Financial Services, Inc.: Administrative Compliance Shell Lacks Substantiating Financial Data
Overall Risk
3/10
Fraud
1/10
Dilution
1/10
Insolvency
1/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10