Oct 21, 4:26 PM ET
Eagle Bancorp reported unaudited third quarter 2026 net income of $24.2 million, or $0.79 per diluted share, compared with $6.9 million, or $0.23 per share, in the second quarter. The increase was mainly due to a lower provision for credit losses of $2.8 million, down from $21.4 million, while net interest income and noninterest income both declined and nonperforming assets rose to $166.0 million. The company also declared a $0.01 per share cash dividend.
- Net income was $24.2 million, or $0.79 diluted EPS, versus $6.9 million, or $0.23, in the prior quarter
- Net interest income was $61.3 million, down from $62.4 million; noninterest income was $9.6 million, down from $10.8 million
- Nonperforming assets rose to $166.0 million, or 1.75% of total assets, from $113.1 million, or 1.17%, with one significant relationship driving the increase
- Cash dividend of $0.01 per share is payable November 17, 2026, to shareholders of record on November 6, 2026
Read the filing on SEC.gov ↗
Jul 22, 4:28 PM ET
Eagle Bancorp reported unaudited second quarter 2026 net income of $6.9 million, or $0.23 per share, down from $14.7 million, or $0.48 per share, in the first quarter, mainly because provision for credit losses rose to $21.4 million from $13.4 million. Pre-provision net revenue improved to $29.1 million from $27.7 million, and non-performing assets fell to $113.1 million, but total loans and deposits declined and the company declared a $0.01 per share dividend.
- Net income was $6.9 million, or $0.23 per share, versus $14.7 million, or $0.48 per share, in Q1 2026
- Provision for credit losses was $21.4 million, up from $13.4 million; annualized net charge-offs were 2.78% versus 1.46%
- Net interest margin rose to 2.52% from 2.47%; total deposits fell to $8.2 billion, down 4.7% from the prior quarter
- Board declared a $0.01 per share cash dividend, payable August 17, 2026, to shareholders of record on August 6, 2026
Read the filing on SEC.gov ↗
Jul 6, 7:07 AM ET
Eagle Bancorp said its board appointed Stephen R. Curley as a director of the company and its subsidiary EagleBank, effective July 6, 2026. The board appointment accompanies his role as President and Chief Executive Officer of both entities, effective the same day, and the filing does not describe any change in financial results.
- Stephen R. Curley appointed to the boards of Eagle Bancorp and EagleBank, effective July 6, 2026
- Board appointment was made June 29, 2026, on recommendation of the Governance and Nominating Committee
- Curley is also taking on the role of President and Chief Executive Officer of the company and the bank, effective July 6, 2026
- Curley will receive no additional compensation for his board service; committee assignments to be set later
Read the filing on SEC.gov ↗
May 12, 8:02 AM ET
Eagle Bancorp's board appointed Stephen Curley, formerly chief banking officer for national business lines at Western Alliance Bancorporation, as president and chief executive officer of Eagle Bancorp and EagleBank, effective July 6, 2026. Susan Riel, CEO since 2019, retires with her last day on July 5, 2026, and will provide consulting services for twelve months. The filing sets out a $1,050,000 base salary and a $2,000,000 make-whole equity grant for Mr. Curley, and the change marks a leadership transition at the Washington, D.C.-area bank.
- Stephen Curley, age 55, starts as president and CEO and joins the boards of Eagle Bancorp and EagleBank on July 6, 2026.
- Susan Riel's last day as CEO is July 5, 2026; her retirement was announced in November 2025.
- Mr. Curley's agreement provides a $1,050,000 annual salary, a 100% target annual bonus and a 2027 long-term incentive target of 150% of salary, plus a $250,000 sign-on bonus.
- Ms. Riel's consulting fee is $94,000 per month for twelve months, and her 26,998 restricted stock shares will vest upon retirement.
Read the filing on SEC.gov ↗
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