Eagle Bancorp (EGBN) Tops Q3 EPS by 2c

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Eagle Bancorp, Inc. Announces Another Quarter of Record Earnings With Third Quarter 2018 Net Income up 30% Over 2017 and Assets Exceeding $8.0 Billion

October 17, 2018 4:15 PM EDT

BETHESDA, Md., Oct. 17, 2018 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company of EagleBank, today announced record quarterly net income of $38.9 million for the three months ended September 30, 2018, a 30% increase over the $29.9 million net income for the three months ended September 30, 2017. Net income per basic common share for the three months ended September 30, 2018 was $1.14 compared to $0.87 for the same period in 2017, a 31% increase. Net income per diluted common share for the three months ended September 30, 2018 was $1.13 compared to $0.87 for the same period in 2017, a 30% increase.

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