Recent Updates — EGBN

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.

Eagle Bancorp appointed Stephen R. Curley to the boards of Eagle Bancorp and its subsidiary EagleBank effective July 6, 2026, in connection with his previously announced role as President and CEO. On September 14, 2026, he was additionally appointed to the Board's Risk Committee. Mr. Curley receives no additional compensation for board service. This is an administrative update regarding committee assignments for a key executive hire. The company operates in the banking industry.

Eagle Bancorp, Inc. reported second quarter 2026 net income of $6.9 million, or $0.23 per share, a decrease from $14.7 million ($0.48 per share) in the first quarter. The decline was primarily driven by a $21.4 million provision for credit losses, which increased from $13.4 million in the prior quarter. Net interest margin expanded 5 basis points to 2.52%. The company's common equity tier 1 capital ratio was 14.58% at quarter-end. Total loans decreased 4.6% to $6.7 billion, while total deposits fell 4.7% to $8.2 billion. The company announced a cash dividend of $0.01 per share. Eagle Bancorp is a financial holding company for EagleBank, a community bank operating in the Washington D.C. metropolitan area.

Eagle Bancorp, Inc. announced the appointment of Stephen R. Curley to its Board of Directors and its wholly owned subsidiary, EagleBank, effective July 6, 2026. This appointment is concurrent with his upcoming transition to President and Chief Executive Officer of both the Company and the Bank. Eagle Bancorp, Inc. is a bank holding company providing financial services through its subsidiary, EagleBank.

Eagle Bancorp, Inc. announced on June 30, 2026, that its subsidiary EagleBank reached a one-year non-prosecution agreement with the U.S. Attorney's Office for the Middle District of Pennsylvania regarding an investigation into anti-money laundering controls and a former customer's bank fraud. The Bank will pay approximately $9.8 million, an amount previously accrued in the Company's 2025 audited financial statements. Eagle Bancorp, Inc. is a bank holding company providing financial services.