On September 7, 2026, Eagle Financial Services, Inc. (EFSI) and John Marshall Bancorp, Inc. (JMSB) entered into a definitive Agreement and Plan of Merger for an all-stock transaction valued at approximately $253 million. Under the terms, each EFSI share converts to 2.0 shares of JMSB common stock, implying a consideration of $46.72 per EFSI share based on JMSB's September 4 closing price. The merger creates a combined entity with approximately $4.4 billion in assets and 23 banking offices across Virginia and Maryland. Key executives include Christopher W. Bergstrom as Executive Chairman and Brandon C. Lorey as CEO of the surviving corporation, John Marshall Bancorp, Inc., headquartered in Reston, Virginia. The transaction is subject to customary regulatory and shareholder approvals, with an expected closing in early 2027. Eagle Financial Services operates as a community bank holding company.

Eagle Financial Services, Inc. reported second quarter 2026 results for the period ended June 30, 2026. Consolidated net income was $5.0 million, compared to $3.7 million in the prior year's equivalent quarter. Adjusted net income was $2.2 million, reflecting a decrease from the first quarter of 2026 due to a higher provision for credit losses. The company recognized a $3.5 million pre-tax gain from the sale of its membership interest in Bearing Insurance Group, LLC. Net interest margin was 3.86%. The Board of Directors declared a quarterly cash dividend of $0.31 per common share, payable on August 14, 2026, to shareholders of record on August 3, 2026. Eagle Financial Services is a financial holding company that operates a commercial-focused banking institution.