Eagle Bancorp, Inc. Announces Third Quarter 2026 Results
Eagle Bancorp reported Q3 2026 net income of $24.2 million, or $0.79 per diluted share, up from $6.9 million in Q2, driven primarily by an $18.6 million lower provision for credit losses. Underlying trends were mixed: net interest margin improved to 2.60% and net charge-offs fell to 0.25% annualized, but pre-provision net revenue declined to $23.8 million and non-performing assets jumped $52.9 million to $166.0 million (1.75% of assets), 76% of inflows from a single loan migration.
Key figures
- Eps
- 0.79
- Revenue
- $70.9 million (net interest income $61.3M + noninterest income $9.6M)
- Nim
- 2.60%
- Npa
- 166021000
- Ppnr
- 23772000
- Acl ratio
- 1.84%
- Npa ratio
- 1.75%
- Cet1 ratio
- 14.99%
- Net income
- 24246000
- Total loans
- 6563354000
- Total deposits
- 8034007000
- Efficiency ratio
- 66.5%
- Dividend per share
- 0.01
- Ppnr prior quarter
- 29081000
- Net interest income
- 61309000
- Noninterest expense
- 47101000
- Net charge off ratio
- 0.25%
- Cre concentration ratio
- 245.8%
- Provision prior quarter
- 21448000
- Net income prior quarter
- 6918000
- Provision for credit losses
- 2809000
- Tangible book value per share
- 38
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