Eagle Bancorp (EGBN) Tops Q4 EPS by 16c

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Eagle Bancorp, Inc. Announces Net Income for Fourth Quarter 2020 of $38.9 Million or $1.21 Per Share

January 27, 2021 4:15 PM EST

BETHESDA, Md., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company of EagleBank (the Bank), today announced quarterly net income of $38.9 million for the fourth quarter of 2020, a 10% increase, as compared to $35.5 million net income for the fourth quarter of 2019. Net income per basic and diluted common share for the fourth quarter of 2020 was $1.21 compared to $1.06 for the same period in 2019, a 14% increase.

For the full year 2020, the Company reported net income of $132.2 million ($4.08 per fully diluted share) as compared to $142.9 million in net income... More