Eagle Bancorp (EGBN) Misses Q1 EPS by 3c
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Eagle Bancorp, Inc. Announces 20% Increase in Net Income for First Quarter of 2016 Over 2015
April 20, 2016 4:16 PM EDTBETHESDA, Md., April 20, 2016 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company of EagleBank, today announced record quarterly net income of $23.3 million for the three months ended March 31, 2016, a 20% increase over the $19.4 million net income for the three months ended March 31, 2015. Net income available to common shareholders for the three months ended March 31, 2016 increased 21% to $23.3 million as compared to $19.2 million for the same period in 2015.
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