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Eagle Financial Services (Eagle Financial Services) Net Interest Margin (Bank Only) % : 2.96% (As of Dec. 2023)


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What is Eagle Financial Services Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Eagle Financial Services's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $48.53 Mil. Eagle Financial Services's average earning assets for the quarter that ended in Dec. 2023 was $1,637.24 Mil. Therefore, Eagle Financial Services's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 2.96%.


Eagle Financial Services Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Eagle Financial Services's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eagle Financial Services Net Interest Margin (Bank Only) % Chart

Eagle Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.01 3.95 3.78 3.72 3.22

Eagle Financial Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.74 3.32 3.08 3.10 2.96

Competitive Comparison of Eagle Financial Services's Net Interest Margin (Bank Only) %

For the Banks - Regional subindustry, Eagle Financial Services's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eagle Financial Services's Net Interest Margin (Bank Only) % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eagle Financial Services's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Eagle Financial Services's Net Interest Margin (Bank Only) % falls into.



Eagle Financial Services Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Eagle Financial Services's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=49.768/( (1471.47 + 1623.152)/ 2 )
=49.768/1547.311
=3.22 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=9.596 + 1312.718 + 149.156
=1471.47

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=35.855 + 1449.854 + 137.443
=1623.152

Eagle Financial Services's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=48.528/( (1651.334 + 1623.152)/ 2 )
=48.528/1637.243
=2.96 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=87.382 + 1429.976 + 133.976
=1651.334

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=35.855 + 1449.854 + 137.443
=1623.152

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is four times the quarterly (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Eagle Financial Services  (OTCPK:EFSI) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Eagle Financial Services Net Interest Margin (Bank Only) % Related Terms

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Eagle Financial Services (Eagle Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
2 East Main Street, P.O. Box 391, Berryville, VA, USA, 22611
Eagle Financial Services Inc is a locally owned and managed financial institution. It offers retail and commercial banking services, including demand, savings and time deposits and consumer, mortgage, and commercial loans. It also offers telephone banking, internet banking, and mobile banking to its customers. The Company has two reportable operating segments, community banking and marine lending. Bank generates its majority revenue from Community Banking Interest Income.
Executives
Debra L Purrington officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
John R Milleson director, officer: EXECUTIVE OFFICER
Brandon Craig Lorey director, officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Marianne Schmidt officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Herve A Bonnet officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Tatiana C Matthews director PO BOX 391, BERRYVILLE VA 22611
Edward Iii Hill director PO BOX 391, BERRYVILLE VA 22611
Kathleen S Croson officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Todd A Braithwaite officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
George James S Ii officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Aaron M Poffinberger officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Scott M Hamberger director PO BOX 391, BERRYVILLE VA 22611
Wilkins James R Jr director
Thomas T Gilpin director
Thomas T Byrd director