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Scott Hamberger, a director at Eagle Financial Services Inc. (OTC:EFSI), recently acquired 849 shares of common stock, valued at approximately $26,319, according to a recent SEC filing. The shares were purchased at a price of $31 each on May 23, 2025. The small-cap bank, currently valued at $164 million, is trading near its InvestingPro Fair Value with a price-to-book ratio of 0.95x. Following this transaction, Hamberger holds a total of 9,570.71 shares, which includes shares acquired through the company’s Dividend Investment Plan. The company boasts a strong dividend track record, having raised payouts for 22 consecutive years, with a current yield of 4%. InvestingPro analysis reveals several more key insights about EFSI’s financial health and growth prospects.
In other recent news, Eagle Financial Services, Inc. announced the appointment of Karthik Shyamsunder as a new board member. Shyamsunder brings over 30 years of experience in technology and telecommunications, currently serving as Vice President and Distinguished Engineer at VeriSign Inc (NASDAQ:VRSN). His expertise in artificial intelligence, machine learning, and cloud computing is expected to provide valuable insights to the company. Additionally, Eagle Financial Services held its Annual Meeting of Shareholders, where three directors, Scott M. Hamberger, John R. Milleson, and Robert W. Smalley, Jr., were elected for three-year terms. Shareholders also ratified the appointment of Yount, Hyde & Barbour, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2025. In a non-binding vote, shareholders approved the compensation of the company’s named executive officers. They also voted for a three-year frequency for future advisory votes on executive compensation. The detailed voting results were disclosed in an SEC filing by the company.
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