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 b ...

BETHESDA, Md., June 18, 2024 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has onboarded Dan Bostwick and Bob Wallace to lead the Expatriate Banking Services division. This new division aims to meet a strong demand for these services and builds upon EagleBank’s long-term growth strategy, including its recently launched consumer business expansion and digital banking platform. Dan Bostwick and Bob Wallace joined EagleBank wit ...

BETHESDA, Md., June 18, 2024 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ:EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has onboarded Dan Bostwick and Bob Wallace to lead the Expatriate Banking Services division. This new division aims to meet a strong demand for these services and builds upon EagleBank's long-term growth strategy, including its recently launched consumer business expansion and digital banking platform. Dan Bostwick and Bob Wallace joined EagleBank with ...

BETHESDA, Md., May 23, 2024 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ:EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has provided a loan to Mamie D. Lee LLC to refinance the unwind of the New Markets Tax Credit (NMTC) structure used for renovating the former D.C. Public School building. Mamie D. Lee LLC is jointly owned by Briya Public Charter School (PCS) and Bridges Public Charter School (PCS), which financed improvements to the property through the NMTC program. "W ...

BETHESDA, Md., May 23, 2024 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ:EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has provided a loan to Mamie D. Lee LLC to refinance the unwind of the New Markets Tax Credit (NMTC) structure used for renovating the former D.C. Public School building. Mamie D. Lee LLC is jointly owned by Briya Public Charter School (PCS) and Bridges Public Charter School (PCS), which financed improvements to the property through the NMTC program. "W ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number 0-25923 Eagle Bancorp, Inc. (Exact name of registrant as specified in its charter) Maryland 52-2061461 (State or o ...

BETHESDA, Md., May 02, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the "Company") (NASDAQ:EGBN), the parent company of EagleBank, today announced that Eric R. Newell, Executive Vice President and Chief Financial Officer of the Company, will attend the 26th Annual D.A. Davidson Financial Institutions Conference on May 8-10, 2024, at the Broadmoor in Colorado. Investor information can be accessed at Eagle Bancorp's Investor Relations website at https://ir.eaglebankcorp.com. About Eagle Bancorp: The Company ...

财务数据和关键指标变化 - 公司报告了第一季度净亏损338,000美元,每股亏损0.01美元 [14] - 拨备计提35.2百万美元,导致净亏损,但拨备覆盖率从12月31日的1.08%上升至3月31日的1.25% [14][15] - 净息差从上季度的2.45%下降2个基点至2.43% [16] - 非利息支出从上季度增加2.9百万美元,主要是由于激励薪酬的变化 [19] 各条业务线数据和关键指标变化 - 贷款增长26百万美元,主要来自在建工程贷款的资金投放 [20] - 分类贷款和关注贷款分别增加2600万美元和8400万美元,其中85%为正常还款 [30] - 不良贷款从12月31日的65.5百万美元增加至3月31日的91.5百万美元,主要是由于上述大型办公楼贷款转为不良 [30] 各个市场数据和关键指标变化 - 公司在华盛顿特区大都会地区的办公楼贷款组合出现问题,某笔48百万美元的贷款发生约20百万美元的部分核销 [40][41] - 公司在郊区市场如蒙哥马利县和贝塞斯达的办公楼贷款表现相对较好,未出现同等程度的价值下降 [45][46] 公司战略和发展方向及行业竞争 - 公司正在采取多项策略以增加非利息收入,包括拓展直销银行渠道、发展政府承包商和教育行业客户等 [8][10] - 公司正在积极与办公楼贷款客户合作,采取延期还款、现金流监控等措施,尽量避免资产接管 [27][29] - 公司资本充足,一级普通股资本充足率达13.8%,处于行业前25%水平,为应对风险提供了缓冲 [7][22] 管理层对经营环境和未来前景的评论 - 管理层认为,尽管本季度业绩受到办公楼贷款损失的影响,但公司的整体战略和执行能力仍然良好 [6][11][12] - 管理层预计未来一年内可能还会有20-40百万美元的办公楼贷款损失,但公司有足够的拨备和资本实力应对 [54][55] - 管理层对公司未来的盈利能力和可持续增长保持信心,将继续推进存款组合多元化、贷款组合优化等战略 [11][12] 问答环节重要的提问和回答 问题1 **Casey Whitman 提问** 询问那笔48百万美元的大型办公楼贷款的具体情况 [39][40] **Susan Riel 回答** 该笔贷款项目租赁率为63%,经过最新评估后价值下降约50%,导致公司核销了约20百万美元 [40] 问题2 **Catherine Mealor 提问** 询问公司对未来拨备和信贷损失的预期 [53][54] **Susan Riel 回答** 公司预计2024年剩余时间内可能还会有20-40百万美元的信贷损失,拨备覆盖率将在年底达到1.35%-1.45% [54][55] 问题3 **Christopher Marinac 提问** 询问公司在修改贷款条件时是否要求增加抵押品和现金 [67] **Jan Williams 回答** 公司在大多数情况下都要求借款人提供额外的抵押品或现金,以缓解风险敞口,同时尽量让借款人保留对资产的控制权 [68][69]

财务表现 - Eagle Bancorp 2024年第一季度营收为7829万美元，同比下降0.6%[1] - 每股收益为-0.01美元，较去年同期的0.78美元下降[1] - 营收超出Zacks Consensus Estimate 3.69%，每股收益则低于预期101.69%[1] 财务指标比较 - 公司的净利差为2.4%，低于两位分析师的平均估值2.5%[4] - 效率比率为51.1%，低于两位分析师的平均估值53.3%[4] 收入情况 - 总非利息收入为359万美元，低于两位分析师的平均估值423万美元[5] - 净利息收入为7470万美元，高于两位分析师的平均估值7128万美元[5] 股票表现 - Eagle Bancorp股票过去一个月回报率为+0.8%，表现优于Zacks S&P 500综合指数的-3%变化[6]

Eagle Bancorp (EGBN) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.59. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -101.69%. A quarter ago, it was expected that this bank holding company would post earnings of $0.76 per share when it actually produced earnings of $0.67, delivering a surprise of -11.84%. Over the last four quarters, the compan ...