Eagle Bancorp (EGBN) Reports In-Line Q1 EPS

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Eagle Bancorp, Inc. Announces Net Income of $35.5 Million for the Fourth Quarter and $142.9 Million for the Full Year of 2019

January 15, 2020 4:15 PM EST

BETHESDA, Md., Jan. 15, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company of EagleBank, today announced quarterly net income of $35.5 million for the three months ended December 31, 2019, a 12% decrease as compared to $40.3 million net income for the three months ended December 31, 2018.

For the year ended December 31, 2019, the Companys net income was $142.9 million, a 6% decrease  as compared to $152.3 million for the year ended December 31, 2018.

Net income for the three months ended December 31, 2019 was $1.06 per basic and diluted common share as... More