Eagle Bancorp (EGBN) Tops Q3 EPS by 4c

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Eagle Bancorp, Inc. Announces Another Quarter of Record Earnings With Third Quarter 2017 Net Income Up 22% Over 2016

October 18, 2017 4:15 PM EDT

BETHESDA, Md., Oct. 18, 2017 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company of EagleBank, today announced record quarterly net income of $29.9 million for the three months ended September 30, 2017, a 22% increase over the $24.5 million net income for the three months ended September 30, 2016. Net income per basic common share for the three months ended September 30, 2017 was $0.87 compared to $0.73 for the same period in 2016, a 19% increase. Net income per diluted common share for the three months ended September 30, 2017 was $0.87 compared to $0.72 for the same period in 2016, a 21% increase.

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