10-K · March 9, 2026
Eagle Bancorp describes a relationship‑focused community bank strategy centered on a Washington, D.C. metro commercial real estate (CRE) franchise, digital deposit expansion and conservative underwriting. Financially…
Earnings analysis · 10-Q
EGBN earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Eagle Bancorp, Inc. reported a strong Q1 2026 performance with net income of $14.7 million, or $0.48 per share, significantly beating the consensus EPS forecast of $0.28. The quarter showed resilience despite revenue…
Read full summary
Eagle Bancorp, Inc. reported a strong Q1 2026 performance with net income of $14.7 million, or $0.48 per share, significantly beating the consensus EPS forecast of $0.28. The quarter showed resilience despite revenue falling short of expectations at $63.7 million, declining 12.3% compared to the prior year. The management noted improvements in asset quality and operational efficiency, although challenges in revenue generation persist alongside increasing nonperforming assets.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.48
What stood out
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Strong EPS Beat
Eagle Bancorp reported EPS of $0.48, exceeding expectations of $0.28, marking a notable 71.43% surprise.
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Net Income Surge
Net income increased to $14.7 million from just $1.7 million in Q1 2025, reflecting a year-over-year growth of 779%.
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Lower Provision for Credit Losses
Provision for credit losses decreased to $13.4 million from $26.3 million a year ago, contributing positively to net income.
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Improved Net Interest Margin
Net interest margin increased to 2.47%, up from 2.28% in the previous year, indicating better pricing on loans.
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Increase in Noninterest Income
Noninterest income rose 55% year-over-year to $12.7 million, driven by gains on loan sales and bank-owned life insurance.
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Efficiency Ratio Improvement
Efficiency ratio improved to 63.79% from 61.54% year-over-year, showing better cost management.
What to watch
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Revenue Decline
Total revenue fell to $63.7 million, compared to $72.6 million in Q1 2025, a 12.3% decline.
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Rising Nonperforming Assets
Nonperforming assets rose to $130.8 million, representing 1.31% of total assets, up from 1.04% at year-end 2025.
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Increased Net Charge-offs
Net charge-offs were $25.9 million, an increase from $11.2 million in Q1 2025, raising concerns over credit quality.
Management's outlook
No numeric forward revenue or EPS guidance provided in the filing.
Earlier filings 4
10-Q · November 7, 2025
Eagle Bancorp reported a Q3 2025 net loss of $67.513 million (diluted EPS $(2.22)) driven by a large quarter provision for credit losses of $113.215 million and weaker noninterest income. Liquidity improved materially…
10-Q · May 8, 2025
Eagle Bancorp reported mixed Q1 results: net interest income fell to $65,649,000 while noninterest income rose to $8,207,000, producing a modest pre-tax income of $2,447,000 and net income of $1,675,000 (diluted EPS…
10-K · February 27, 2025
Eagle Bancorp (EGBN) remains a relationship-focused community bank concentrated in the Washington, D.C. metro area, emphasizing commercial real estate lending and ADC activity. The 2024 10-K discloses substantial…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.