Eagle Bancorp Earnings Reports

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.