Eagle Bancorp (EGBN) Tops Q1 EPS by 35c

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Go back to Eagle Bancorp (EGBN) Tops Q1 EPS by 35c

Eagle Bancorp, Inc. Announces Net Income for First Quarter 2022 of $45.7 Million or $1.42 Per Diluted Share

April 20, 2022 4:55 PM EDT

BETHESDA, Md., April 20, 2022 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the "Company") (NASDAQ: EGBN), the parent company of EagleBank (the "Bank"), today announced net income of $45.7 million for the first quarter 2022 compared to net income of $41.6 million for the prior quarter and $43.5 million for the year-ago quarter. Net income was $1.43 per share (basic) and $1.42 per share (diluted) for the first quarter 2022, compared to basic and diluted shares of $1.30 per share for the prior quarter and $1.36 per share for the year-ago quarter.

The increase in earnings of $4.1 million from the... More