Eagle Bancorp (EGBN) Tops Q1 EPS by 6c

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Eagle Bancorp, Inc. Announces Continued Growth and Record Earnings, With Assets Exceeding $5.5 Billion

April 22, 2015 4:15 PM EDT

BETHESDA, Md., April 22, 2015 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the "Company") (Nasdaq: EGBN), the parent company of EagleBank, today announced record quarterly net income of $19.4 million for the three months ended March 31, 2015, a 55% increase over the $12.5 million net income for the three months ended March 31, 2014. Net income available to common shareholders for the three months ended March 31, 2015 increased 56% to $19.2 million as compared to $12.4 million for the same period in 2014.

Net income per basic and diluted common share for the three months ended March 31, 2015 was $0.62 and $0.61, respectively as compared to $0.48 per basic common... More