Eagle Bancorp swings to $14.7 million Q1 profit from $2.4 million Q4 loss
Eagle Bancorp reported unaudited first-quarter 2026 net income of $14.7 million, or $0.48 per share, compared with a net loss of $2.4 million, or $(0.08) per share, in the fourth quarter of 2025. Net interest income fell to $63.7 million from $68.3 million, while lower noninterest expense, which excluded a prior-quarter $10 million legal provision, drove the profit improvement. The company also declared a $0.01 per share cash dividend.
Key points
- Net income was $14.7 million ($0.48 per share) for Q1 2026, versus a net loss of $2.4 million ($(0.08) per share) in Q4 2025.
- Net interest income was $63.7 million, down from $68.3 million; noninterest expense was $48.7 million, down from $69.8 million.
- Nonperforming assets rose to $130.8 million at March 31, 2026, from $109.0 million at December 31, 2025.
- Cash dividend of $0.01 per share is payable May 15, 2026, to shareholders of record on May 4, 2026.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.