earnings
confidence high
sentiment negative
materiality 0.75
Eagle Bancorp Q1 net income plummets to $1.7M ($0.06 EPS) from $15.3M; declares $0.165 dividend
EAGLE BANCORP INC
2025-Q1 EPS reported
$0.06
- Net income of $1.7M ($0.06 diluted EPS) vs $15.3M ($0.50) in Q4 2024, a $13.6M decline.
- Provision for credit losses surged $14.1M, driven by office portfolio valuation risk.
- Net interest income fell $5.1M; noninterest income rose $4.1M; PPNR $28.4M vs $30.3M prior quarter.
- C&I loans grew $109M (4.3%) and total deposits up $146.2M (1.6%) period-end.
- Cash dividend $0.165/share payable May 16, 2025 to holders of record May 5, 2025.