Eagle Bancorp (EGBN) Tops Q4 EPS by 16c

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Go back to Eagle Bancorp (EGBN) Tops Q4 EPS by 16c

Eagle Bancorp, Inc. Announces Net Income for Fourth Quarter 2022 of $42.2 Million or $1.32 Per Diluted Share and Annual Earnings of $140.9 Million or $4.39 Per Diluted Share

January 18, 2023 4:15 PM EST

BETHESDA, Md., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the "Company") (NASDAQ: EGBN), the parent company of EagleBank (the "Bank"), today announced net income of $42.2 million for the fourth quarter 2022, compared to net income of $37.3 million for the prior quarter and $41.6 million for the year-ago quarter. Net income (basic and diluted) was $1.32 per share for the fourth quarter 2022, compared to $1.16 per share for the prior quarter and $1.30 per share for the year-ago quarter.

The increase in earnings of $4.9 million from the third quarter of 2022 (the "prior quarter") was... More