Eagle Bancorp Q3 net income rises to $24.2 million, or $0.79 a share, from $6.9 million
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.
Key points
- 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
The filing
Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.
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.