Date | Price Target | Rating | Analyst |
---|---|---|---|
12/5/2022 | $50.00 | Neutral | Piper Sandler |
8-K - EAGLE BANCORP INC (0001050441) (Filer)
10-Q - EAGLE BANCORP INC (0001050441) (Filer)
8-K - EAGLE BANCORP INC (0001050441) (Filer)
BETHESDA, Md., July 24, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (NASDAQ:EGBN), ("Eagle", "the Company", "we", "us", "our"), the Bethesda-based parent company of EagleBank (the "Bank"), reported its unaudited results for the second quarter ended June 30, 2024. Eagle recorded a $104.2 million impairment in the value of goodwill and a resulting net loss of $83.8 million or $2.78 per share for the second quarter 2024. The goodwill impairment does not impact our cash, liquidity ratios, core operating performance, or regulatory capital ratios. Operating net income1, adjusted to exclude the impairment charge on goodwill, was $20.4 million or $0.67 per diluted share. We increased the Tier
BETHESDA, Md., June 28, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the "Company") (NASDAQ:EGBN), the parent company for EagleBank, today announced a cash dividend for the second quarter of 2024, in the amount of $0.45 per share. The cash dividend will be payable on July 31, 2024 to shareholders of record on July 20, 2024. About Eagle Bancorp: The Company is the holding company for EagleBank, which commenced operations in 1998. The Bank is headquartered in Bethesda, Maryland, and operates through twelve branch offices, located in Suburban Maryland, Washington, D.C. and Northern Virginia. The Company focuses on building relationships with businesses, professionals and individuals in its
BETHESDA, Md., April 24, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the "Company") (NASDAQ:EGBN), the parent company of EagleBank (the "Bank"), today announced a net loss of $338 thousand for the first quarter 2024, compared to net income of $20.2 million for the fourth quarter 2023 (the "prior quarter"). Net loss was $(0.01) per share (diluted) for the first quarter 2024, compared to net income of $0.67 per share (diluted) for the prior quarter. Pre-provision net revenue ("PPNR")1, a non-GAAP financial measure, 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
SC 13G/A - EAGLE BANCORP INC (0001050441) (Subject)
SC 13G - EAGLE BANCORP INC (0001050441) (Subject)
SC 13G - EAGLE BANCORP INC (0001050441) (Subject)
Eagle Bancorp (NASDAQ:EGBN) reported quarterly earnings of $0.67 per share which beat the analyst consensus estimate of $0.42 by 59.52 percent. The company reported quarterly sales of $71.353 million which missed the analyst consensus estimate of $75.000 million by 4.86 percent. This is a 0.64 percent decrease over sales of $71.811 million the same period last year.
Eagle Bancorp (NASDAQ:EGBN) reported quarterly losses of $(0.01) per share which missed the analyst consensus estimate of $0.59 by 101.69 percent. This is a 101.28 percent decrease over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $74.698 million which beat the analyst consensus estimate of $74.010 million by 0.93 percent. This is a 0.43 percent decrease over sales of $75.024 million the same period last year.
Piper Sandler resumed coverage of Eagle Bancorp with a rating of Neutral and set a new price target of $50.00
Gabelli resumed coverage of Eagle Bancorp with a rating of Hold
Gabelli & Co downgraded Eagle Bancorp from Buy to Hold
BETHESDA, Md., Aug. 30, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (NASDAQ:EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced that Evelyn Lee will join the Bank as Chief Lending Officer for Commercial and Industrial (C&I) Lending. In this position, Ms. Lee will oversee all lending production and portfolio management activities within the C&I Lending Division, a significant strategic growth area for EagleBank. She will begin on September 19th. Ms. Lee joins EagleBank with nearly 25 years of experience in C&I portfolio management across the Washington, DC region, most recently serving as the Executive V
BETHESDA, Md., Aug. 16, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (NASDAQ:EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced Chief Credit Officer Janice "Jan" Williams will be retiring from EagleBank on June 30, 2025. Jan's longstanding dedication and exceptional contributions have significantly driven the bank's strategic growth over the past two decades. "It has been my immense pleasure to work alongside Jan for so many years. We are tremendously grateful for her outstanding work and unwavering commitment to EagleBank, and we wish her all the best in her well-deserved retirement," said Susan Riel, Pr
BETHESDA, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ:EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has hired Hetal Desai as Chief Risk Officer (CRO). Ms. Desai will support EagleBank's continued role as a trusted partner for clients and customers and play a pivotal role in managing risk for the Bank as it enhances its lines of business. Ms. Desai joins EagleBank with global expertise in risk management across top tier multinational financial institutions and also serves as a founding member of Chief's Boston Chapter, a private network built to drive women into positions of power and keep them there. Her expertise in risk identific
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4 - EAGLE BANCORP INC (0001050441) (Issuer)
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BETHESDA, Md., July 30, 2024 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ:EGBN), one of the largest community banks in the Washington, D.C. area, today announced the appointment of Pete Mathews as an independent member of its Board of Directors (the "Board") and to the Board of Directors of Eagle Bancorp, Inc., its holding company, effective July 26, 2024. Mathews will serve as a member of the Asset Quality Subcommittee of the Risk Committee of the Board, leveraging his four decades of experience servicing the Commercial Real Estate (CRE) industry. Following his appointment, the Board will consist of 10 directors, eight of whom will be independent. "Pete's experience in CRE asset man
BETHESDA, Md., Jan. 09, 2023 (GLOBE NEWSWIRE) -- EagleBank, one of the largest community banks in the Washington, DC area, today announced the appointment of Jay Namputhiripad as Chief Risk Officer, replacing Jeff Curry after his retirement this month. A 23-year veteran in the risk and compliance field, Namputhiripad will be responsible for overseeing EagleBank's internal and external risk and compliance processes. "We are delighted to welcome Jay to the EagleBank senior management team," said Susan Riel, President and CEO of EagleBank. "His expertise is reflective of EagleBank's community-first commitment, and he will be instrumental in the continued commitment to our risk and complian
BETHESDA, Md., July 13, 2021 (GLOBE NEWSWIRE) -- EagleBank announced today the appointment of Joseph "Joe" Clarke as Executive Vice President and Chief Operating Officer. A seasoned executive with over two decades of banking industry experience, Mr. Clarke has served as Deputy Chief Operating Officer of EagleBank since December 2020. As Chief Operating Officer, Joe will lead and execute EagleBank's strategy in the areas of Banking Operations, Digital Banking, Community Banking, Residential Lending, and Information Technology. Joe will report directly to Chief Executive Officer Susan Riel. "Joe's promotion reflects the significant contributions he has made to our clients and EagleBank," s
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