Eagle Bancorp (EGBN) Tops Q2 EPS by 16c, Revenues Beat
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Eagle Bancorp, Inc. Announces Net Income For Second Quarter 2020 of $28.9 Million and Total Assets of $9.8 Billion
July 22, 2020 4:15 PM EDTBETHESDA, Md., July 22, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company of EagleBank (the Bank), today announced quarterly net income of $28.9 million for the three months ended June 30, 2020, a 23% decrease, as compared to $37.2 million net income for the three months ended June 30, 2019. Net income per basic and diluted common share for the three months ended June 30, 2020 was $0.90 compared to $1.08 for the same period in 2019. For the six months ended June 30, 2020, the Companys net income was $52.0 million, a 27% decrease from the $71.0 million of net income for the same... More
