Eagle Bancorp, Inc. reported third-quarter 2026 net income of $24.2 million, or $0.79 diluted earnings per share, a significant increase from $6.9 million in the prior quarter. The improvement was primarily driven by an $18.6 million reduction in provision for credit losses to $2.8 million, reflecting lower reserves as the bank resolves problem assets. Net interest income decreased slightly to $61.3 million, while noninterest expense rose to $47.1 million due to accelerated stock awards and increased headcount. The company also announced a quarterly cash dividend of $0.01 per share, payable on November 17, 2026, to shareholders of record on November 6, 2026. Eagle Bancorp is the holding company for EagleBank, one of the largest community banks in the Washington D.C. area.
