Eagle Financial Services slides after credit weakness drives Q1 miss
ReutersApr 28, 2025 6:36 PM
Community lender Eagle Financial Services' EFSI.O shares plunge as much as 10.6%; last down 7.6% at $29.93
EFSI late Friday reported Q1 profit below Wall Street expectations, driven by higher bad loan provisions
Provision for credit losses more than doubled to $1.1 million in Q1 from a year earlier
Brokerage KBW says stock could be weak due to negative credit migration
Lone analyst covering the stock rates "buy" with $40 PT - data compiled by LSEG
As of last close, EFSI down 11% YTD
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