earnings
confidence high
sentiment negative
materiality 0.75
Eagle Bancorp Q2 net income falls to $6.9M ($0.23 EPS) from $14.7M; provision up $8.1M
EAGLE BANCORP INC
- Net income $6.9M ($0.23 diluted EPS) vs $14.7M ($0.48) in Q1 2026; provision for credit losses increased $8.1M.
- Pre-provision net revenue improved to $29.1M from $27.7M; net interest margin expanded 5 bps.
- Net interest income down $1.3M, noninterest income down $1.9M, noninterest expense down $4.7M.
- Declared cash dividend of $0.01 per share, payable Aug 17, 2026 to holders of record Aug 6, 2026.
- CEO Steve Curley recently joined; CFO cites progress on asset quality and reduced brokered funding.