secwatch.observer — SEC 8-K summary
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Issuer:     EAGLE BANCORP INC (EGBN)
CIK:        0001050441
Form:       8-K
Filed at:   2025-04-23T23:59:59+00:00
Accession:  0001050441-25-000081
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eagle Bancorp Q1 net income plummets to $1.7M ($0.06 EPS) from $15.3M; declares $0.165 dividend
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050441/000105044125000081/0001050441-25-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050441/000105044125000081/gnw-20250423.htm
  HTML page:      https://secwatch.observer/filing/0001050441-25-000081

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