Eagle Bancorp Inc
NASDAQ:EGBN
Eagle Bancorp Inc
Eagle Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking services. The company is headquartered in Bethesda, Maryland and currently employs 507 full-time employees. The Bank is a chartered commercial bank, which conducts a full-service community banking business, primarily in Northern Virginia, Suburban Maryland, and Washington, D.C. The primary financial services offered by the Bank include real estate, commercial and consumer lending, as well as traditional deposit and repurchase agreement products. The Bank is also active in the origination and sale of residential mortgage loans, the origination of small business loans, and the origination, securitization and sale of multifamily Federal Housing Administration (FHA) loans. The Bank offers its products and services through approximately 17 banking offices, five lending centers and various electronic capabilities, including remote deposit services and mobile banking services. The Bank has three active direct subsidiaries: Bethesda Leasing, LLC, Eagle Insurance Services, LLC, and Landroval Municipal Finance, Inc.
Eagle Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking services. The company is headquartered in Bethesda, Maryland and currently employs 507 full-time employees. The Bank is a chartered commercial bank, which conducts a full-service community banking business, primarily in Northern Virginia, Suburban Maryland, and Washington, D.C. The primary financial services offered by the Bank include real estate, commercial and consumer lending, as well as traditional deposit and repurchase agreement products. The Bank is also active in the origination and sale of residential mortgage loans, the origination of small business loans, and the origination, securitization and sale of multifamily Federal Housing Administration (FHA) loans. The Bank offers its products and services through approximately 17 banking offices, five lending centers and various electronic capabilities, including remote deposit services and mobile banking services. The Bank has three active direct subsidiaries: Bethesda Leasing, LLC, Eagle Insurance Services, LLC, and Landroval Municipal Finance, Inc.
Profit Turnaround: Eagle Bancorp reported net income of $7.6 million ($0.25 per diluted share) in Q4, reversing a prior quarter loss of $67.5 million.
Asset Quality Improvement: Nonperforming loans and assets declined significantly, and special mention and substandard loans dropped by $175.1 million from the previous quarter.
Reduced Concentration Risk: CRE and ADC concentration ratios fell sharply due to deliberate paydowns, resolutions, and construction completions.
Funding & Deposits: Brokered deposits were reduced by $602 million, while core deposits increased $692 million, strengthening the funding base.
2026 Outlook: Management expects net interest margin to expand to 2.6%-2.8%; noninterest income is forecast to rise 15%-25%, and noninterest expenses are expected to decline or be flat.
Cautious Provisioning: Allowance for credit losses remains high but is expected to decline further if trends continue; management is taking a prudent approach to capital management.
Balance Sheet Strategy: Average loans and deposits are expected to decline in 2026 due to intentional balance sheet repositioning, not underlying weakness.
