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Eagle Financial Services (Eagle Financial Services) Retained Earnings : $103.45 Mil (As of Dec. 2023)


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What is Eagle Financial Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Eagle Financial Services's retained earnings for the quarter that ended in Dec. 2023 was $103.45 Mil.

Eagle Financial Services's quarterly retained earnings increased from Jun. 2023 ($100.84 Mil) to Sep. 2023 ($102.11 Mil) and increased from Sep. 2023 ($102.11 Mil) to Dec. 2023 ($103.45 Mil).

Eagle Financial Services's annual retained earnings increased from Dec. 2021 ($89.76 Mil) to Dec. 2022 ($100.28 Mil) and increased from Dec. 2022 ($100.28 Mil) to Dec. 2023 ($103.45 Mil).


Eagle Financial Services Retained Earnings Historical Data

The historical data trend for Eagle Financial Services's Retained Earnings 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 Retained Earnings Chart

Eagle Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.91 82.52 89.76 100.28 103.45

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
Retained Earnings 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 100.28 99.85 100.84 102.11 103.45

Eagle Financial Services Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Eagle Financial Services  (OTCPK:EFSI) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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