Eagle Financial Services Inc · NASDAQ:EFSI
Eagle Financial Services — Q2 2026 Earnings Presentation
14 slides from Eagle Financial Services's earnings presentation, Jul 24, 2026
Slide 1: Earnings Presentation 2nd Quarter 2026
Earnings Presentation 2nd Quarter 2026
Slide 2: Forward Looking Statements
Forward Looking Statements Forward Looking Statements Certain information contained in this Presentation (together with oral statements made in connection herewith, this “Presentation”) may include “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States P
Slide 3: Company Overview
Company Overview The EFSI Story MARYLAND • Eagle Financial Services, Inc. is the parent company for Bank Baltimore of Clarke, and was established over 140 years ago Winchester Annapolis • Commercial focused banking institution operating in several Berryville WASHINGTON DC of the country’s most attra
Slide 4: Investment Highlights
Investment Highlights Experienced Leadership Team • Deep management team with community and regional banking experience in the Mid Atlantic Experienced • Insider ownership of ~7% as of 12/31/25 aligns shareholder interest Leadership Team with decision making Attractive Markets of Operation • Operate
Slide 5: Balance Sheet Growth
Balance Sheet Growth Total Assets ($M) Gross Loans ($M) (1) $2,035 $1,932 $1,889 $1,464 $1,478 $1,464 $1,505 $1,838 $1,847 $1,442 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Total Deposits ($M) $1,767 $1,655 $1,607 $1,598 $1,602 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2
Slide 6: Deposit Portfolio
Deposit Portfolio Deposit Composition Deposit Composition Over Time ($M) Q2 ’26 Total Q2 ’26 Cost of Deposits: $1.6B Deposits: 1.76% Jumbo $1,767 $1,655 Time $1,607 $1,598 $1,602 Deposits 11% DDA $728 Retail Time 29% $688 $729 $721 $728 Deposits 15% $464 $446 $447 $415 $418 $575 $521 $432 $455 $463
Slide 7: Loan Portfolio
Loan Portfolio Loan Composition Loan Focus Consumer & C&D: 35% • Continued focus on providing credit to small- and C&D Other 6% CRE: 195% medium-sized businesses 7% C&I 14% Non Owner- • Currently prioritizing C&I over owner-occupied lending Occupied CRE 24% • No shared national credit exposure and l
Slide 8: Asset Quality
Asset Quality Nonperforming Assets by Type ($M) • Comprehensive and conservative underwriting 1.22% 1.10% 0.98% 0.99% 1.01% process $0.6 $0.0 $0.1 $0.1 $0.0 • Highly experienced bankers $0.2 $0.3 incentivized with equity $1.0 $0.1 $0.0 ownership $13.2 $14.4 $14.7 $16.1 $16.7 • Commitment to a divers
Slide 9: Earnings, Book Value and Dividends
Earnings, Book Value and Dividends Net Income ($M) Earnings per Share ($) $5,584 $5,584 $5,270 $5,270 $4,981 $4,334 $4,334 $3,740 $3,740 $2,227 $0.98 $0.98 $1.04 $1.04 $0.92 $0.81 $0.81 $0.69 $0.69 $0.41 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 (1) (2) Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 EPS Core EPS (1) (2) Net Inc
Slide 10: Yield and Cost Analysis
Yield and Cost Analysis 5.76% 5.77% 5.82% 5.67% 5.68% 4.37% 4.30% 4.34% 4.34% 4.25% 3.86% 3.58% 3.61% 3.63% 3.42% 2.11% 1.92% 1.97% 1.94% 1.82% Q2' 25 Q3' 25 Q4' 25 Q1' 26 Q2' 26 Yield on Loans NIM Yield on Securities Cost of Funds 10 Source: Company documents; quarterly data for the three months en
Slide 11: Profitability Metrics
Profitability Metrics Return on Average Assets (ROAA)(%) Return on Average Equity (ROAE) (%) 1.09% 1.09% 1.10% 1.10% 1.08% 0.91% 0.91% 0.81% 0.81% 11.9% 11.9% 12.2% 12.2% 10.4% 9.2% 9.2% 8.0% 8.0% 0.48% 4.6% Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 Q2'25 Q3'25 Q4'25 Q1'26 Q2'26 ROAA Core ROAA ROAE Core ROAE(1)
Slide 12: Capital Ratios
Capital Ratios (1) Tangible Common Equity / Tangible Assets (%) Bank Level Leverage Ratio (%) 12.1% 12.3% 11.7% 10.4% 10.5% 10.9% 10.8% 9.6% 10.0% 8.8% Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 CET1 Ratio (%) Total Risk-Based Capital Ratio (%) 12.5% 12.5% 12.7%
Slide 13: Non-GAAP Reconciliation
Non-GAAP Reconciliation June 30, September 30, December 31, March 31, June 30, Dollars in millions except per share data 2025 2025 2025 2026 2026 (1) PTPP Income Net Interest Income (GAAP) $15,698 $17,199 $16,381 $15,903 $16,970 Plus: Noninterest Income 4,917 5,165 5,355 4,928 8,590 Total Revenue (N
Slide 14: Non-GAAP Reconciliation
Non-GAAP Reconciliation June 30, September 30, December 31, March 31, June 30, Dollars in millions except per share data 2025 2025 2025 2026 2026 Core Net Income Net Income $5,270 $5,584 $4,334 $3,740 $4,981 Plus: Loss (Gain) on the Sale of Other Asset 0 0 0 0 (3,486) Tax Effect of Adjustments to Ne
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