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EFSI (Eagle Financial Services) Effective Interest Rate on Debt % : 24.06% (As of Dec. 2024)


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What is Eagle Financial Services Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Eagle Financial Services's annualized positive value of Interest Expense for the quarter that ended in Dec. 2024 was $41.98 Mil. Eagle Financial Services's average total debt for the quarter that ended in Dec. 2024 was $174.50 Mil. Therefore, Eagle Financial Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 was 24.06%.


Eagle Financial Services Effective Interest Rate on Debt % Historical Data

The historical data trend for Eagle Financial Services's Effective Interest Rate on Debt % 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.

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Eagle Financial Services Effective Interest Rate on Debt % Chart

Eagle Financial Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.16 - 2.68 16.47 23.31

Eagle Financial Services Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Effective Interest Rate on Debt % 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 21.09 20.03 21.36 22.52 24.06

Competitive Comparison of Eagle Financial Services's Effective Interest Rate on Debt %

For the Banks - Regional subindustry, Eagle Financial Services's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eagle Financial Services's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Eagle Financial Services's Effective Interest Rate on Debt % falls into.


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Eagle Financial Services Effective Interest Rate on Debt % Calculation

Eagle Financial Services's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -40.094/( (194.444+149.512)/ 2 )
=-1  *  -40.094/171.978
=23.31 %

where

Total Debt  (A: Dec. 2023 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=174.444 + 20
=194.444

Total Debt  (A: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=124.512 + 25
=149.512

Eagle Financial Services's annualized Effective Interest Rate on Debt % for the quarter that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2024 )+Total Debt  (Q: Dec. 2024 ))/ count )
=-1  *  -41.98/( (199.495+149.512)/ 2 )
=-1  *  -41.98/174.5035
=24.06 %

where

Total Debt  (Q: Sep. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=29.495 + 170
=199.495

Total Debt  (Q: Dec. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=124.512 + 25
=149.512

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Dec. 2024) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


Eagle Financial Services  (NAS:EFSI) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Eagle Financial Services Effective Interest Rate on Debt % Related Terms

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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 three reportable operating segments, Community Banking, Marine Lending, and Wealth Management. It generates a majority of its revenue from the Community Banking segment.
Executives
Marianne Schmidt officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
John R Milleson director, officer: EXECUTIVE OFFICER
Edward Iii Hill director PO BOX 391, BERRYVILLE VA 22611
Tatiana C Matthews director PO BOX 391, BERRYVILLE VA 22611
Kathleen S Croson officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Debra L Purrington officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Aaron M Poffinberger officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Joseph T Zmitrovich officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Kaley Ann Crosen officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Kathleen J Chappell officer: EXECUTIVE OFFICER 111 WEST WASHINGTON STREET, MIDDLEBURG VA 22117
George James S Ii officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Brandon Craig Lorey director, officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Todd A Braithwaite officer: EXECUTIVE OFFICER PO BOX 391, BERRYVILLE VA 22611
Cary R Claytor director PO BOX 391, BERRYVILLE VA 22611
Scott M Hamberger director PO BOX 391, BERRYVILLE VA 22611