Eagle Bancorp returned to profitability in Q4 2025, driven by stabilized net interest income, sharply lower credit losses, and improved noninterest income. The bank also maintained strong capital levels and liquidity coverage.
Eagle Bancorp, Inc. reported net income of $1.7 million for the first quarter of 2025, a substantial decrease from $15.3 million in the prior quarter. This decline was mainly driven by a $14.1 million increase in provision expense and a $5.1 million decrease in net interest income, partially offset by a $4.1 million increase in noninterest income. The company also announced a cash dividend of $0.165 per share.
Eagle Bancorp reported a net income of $15.3 million for Q4 2024, a decrease compared to the previous quarter. The company successfully repaid $1 billion of Bank Term Funding Program debt and saw deposit growth, but faced challenges with asset quality and increased non-performing assets.
Eagle Bancorp reported a net income of $31.8 million and EPS of $0.99 for Q3 2024. The company saw growth in loans and deposits, and maintained strong asset quality.
Eagle Bancorp, Inc. reported a net loss of $83.8 million, or $2.78 per share, for Q2 2024, which included a $104.2 million goodwill impairment. Excluding the impairment, operating net income was $20.4 million, or $0.67 per diluted share. The company's Tier 1 capital leverage ratio increased to 10.6%.
Eagle Bancorp, Inc. reported a net loss of $338 thousand for the first quarter 2024, compared to net income of $20.2 million for the fourth quarter 2023. Pre-provision net revenue was $38.3 million for the first quarter 2024, compared to $38.8 million for the prior quarter. The $20.6 million decrease from earnings in the prior quarter was attributable to a $20.7 million increase in provision for credit losses.
Eagle Bancorp reported a net income of $28.9 million for Q2 2020, a 23% decrease compared to Q2 2019. Despite challenges from the COVID-19 pandemic, the company saw growth in average loans and deposits, favorable operating leverage, and improved noninterest income. Total assets reached $9.8 billion, a 13% increase year-over-year.
Eagle Bancorp reported a net income of $23.1 million for Q1 2020, with total assets reaching $10.01 billion, a 19% increase year-over-year. The company's performance was impacted by the adoption of CECL and COVID-19 related loan loss provisioning.
Eagle Bancorp, Inc. reported a net income of $35.5 million for Q4 2019, a 12% decrease compared to $40.3 million for Q4 2018. Earnings per share decreased by 9% to $1.06. Total revenue was $87.4 million, slightly down from $87.8 million in Q4 2018.