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Eagle Bancorp (EGBN)
NASDAQ:EGBN
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.44Last Year’s EPS
0.67Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: -17.95%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Negative
The earnings call reflects a challenging quarter for Eagle Bancorp, with significant declines in net income and increased credit loss provisions, particularly in the office portfolio. However, the bank's strong capital position and deposit growth provide some optimism for future resilience.Company Guidance
During the Eagle Bancorp Inc. First Quarter 2025 Earnings Conference Call, the company provided various metrics and insights into their financial performance and strategic direction. Eagle Bancorp reported a net income of $1.7 million for the quarter, reflecting ongoing earnings pressure. The balance sheet remains resilient with high capital levels and strong liquidity, with deposits growing by $146.2 million in the first quarter. The commercial lending portfolio saw a period-end growth of $109.1 million, or 4.3% over December 31, 2024. The provision for credit losses significantly increased to $26.3 million, primarily due to a $13.9 million increase in the qualitative overlay for office loans. The allowance for credit losses rose to $129.5 million, representing a coverage of 1.63% of total loans. Nonperforming loans decreased to $200.4 million, while net charge-offs were $11.3 million. The net interest margin (NIM) slightly declined by one basis point to 2.28%, with net interest income at $65.6 million. Noninterest income saw an increase to $8.2 million, mainly driven by a $200 million BOLI transaction. The bank's capital position remains robust, with the Tier 1 leverage ratio increasing to 11.11%. Eagle Bancorp continues to focus on strengthening its core banking fundamentals and executing its strategy for long-term success despite market uncertainties.Deposit Growth
Deposits grew in the first quarter by $146.2 million, indicating strength in liquidity and the ability to attract funding through digital and branch channels.
Strong Capital Position
Tier one leverage increased by 37 basis points to 11.11%, and the common equity Tier one ratio remains strong at 14.61%, indicating a robust capital position.
Increase in Noninterest Income
Noninterest income increased by $4.1 million, primarily driven by a $200 million separate account BOLI transaction, which is expected to continue generating $3 to $4 million per quarter.
EGBN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EGBN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2025 | $21.00 | $18.61 | -11.38% |
Jan 22, 2025 | $24.21 | $24.90 | +2.85% |
Oct 23, 2024 | $22.93 | $26.48 | +15.48% |
Jul 24, 2024 | $21.95 | $22.16 | +0.96% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Eagle Bancorp (EGBN) report earnings?
Eagle Bancorp (EGBN) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Eagle Bancorp (EGBN) earnings time?
Eagle Bancorp (EGBN) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EGBN EPS forecast?
EGBN EPS forecast for the fiscal quarter 2025 (Q2) is 0.44.