Every material Form 8-K Eagle Bancorp filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Eagle Bancorp CEO Susan G. Riel told the boards on October 31, 2025 that she intends to retire as President and Chief Executive Officer in 2026, and the board is working with an executive search firm to find a successor. She will step down as board chair effective November 4, 2025, but will remain a director, and James A. Soltesz will become chair. The change is a leadership succession, and no new CEO has been named.
Riel's resignation as board chair takes effect November 4, 2025; she stays on as a director.
James A. Soltesz becomes Chairman and Louis P. "Pete" Mathews Jr. becomes Vice Chairman, both effective November 4, 2025.
Her CEO resignation will take effect on a date mutually agreed with the boards, no later than December 31, 2026.
Eagle Bancorp reported a third-quarter 2025 net loss of $67.5 million, or $2.22 per share, compared with a net loss of $69.8 million, or $2.30 per share, in the second quarter. The company cited a $24.9 million decrease in provision expense, while net charge-offs rose to $140.8 million from $83.9 million. The filing also says Chief Credit Officer Kevin Geoghegan will resign effective December 31, 2025, which shareholders should weigh alongside the continuing credit-quality pressure.
Q3 2025 net loss was $67.5 million, or $2.22 per share, versus a $69.8 million loss, or $2.30 per share, in Q2 2025
Provision for credit losses fell to $113.2 million from $138.2 million; net charge-offs rose to $140.8 million from $83.9 million
Nonperforming assets fell to $133.3 million from $228.9 million; total shareholders' equity was $1.1 billion at September 30, 2025
Kevin Geoghegan will resign as Chief Credit Officer effective December 31, 2025; William L. Perotti is interim CCO; a $0.01 per share dividend is payable November 14, 2025
Eagle Bancorp appointed Kris Pederson and Ted Wilm as independent directors of the company and EagleBank, effective September 8, 2025, increasing the board from nine to ten directors. Both will serve as at-large directors until committee assignments are set later this fall, and the filing says nine of the ten directors will be independent.
Kris Pederson and Ted Wilm were appointed to the boards of Eagle Bancorp and EagleBank effective September 8, 2025.
The board now has 10 directors, 9 of whom are independent under Nasdaq rules.
Both will serve as at-large directors until committee assignments are determined later this fall and will receive standard non-employee director compensation.
Wilm spent a 38-year career at PwC; Pederson has held roles at EY, IBM and PwC.
Eagle Bancorp reported a net loss of $69.8 million, or $2.30 per share, for the quarter ended June 30, 2025, compared with net income of $1.7 million, or $0.06 per share, in the prior quarter. The company attributed the swing mainly to a $138.2 million provision for credit losses, driven by higher office-related reserves, and said shareholders' equity fell 4.8% to $1.2 billion. The company also declared a quarterly dividend of $0.165 per share.
Net loss of $69.8 million, or $2.30 per share, for Q2 2025, versus net income of $1.7 million, or $0.06 per share, in Q1 2025
Provision for credit losses was $138.2 million, up from $26.3 million in Q1; net charge-offs were $83.9 million
Nonperforming assets rose $26.0 million to $228.9 million; allowance for credit losses reached 2.38% of total loans, up from 1.63%
Dividend of $0.165 per share payable August 29, 2025 to shareholders of record on August 8, 2025
At its May 15, 2025 annual meeting, Eagle Bancorp shareholders elected eight directors and approved the 2025 Eagle Bancorp, Inc. Equity Incentive Plan, the non-binding advisory vote on executive pay, and the ratification of Crowe LLP as independent auditor for 2025. The plan's approval adds a new equity incentive framework, and the pay vote drew more opposing votes than some other proposals.
Eight directors elected to serve until the 2026 Annual Meeting, including Chair, President and CEO Susan G. Riel
Equity Incentive Plan approved with 16,752,059 votes for and 2,396,742 against
Non-binding say-on-pay resolution approved with 15,706,945 votes for and 3,472,818 against
Crowe LLP ratified as independent registered public accounting firm for the year ending December 31, 2025, with 22,270,784 votes for and 117,599 against
Eagle Bancorp reported first quarter 2025 net income of $1.7 million, or $0.06 per diluted share, down from $15.3 million, or $0.50 per diluted share, in the fourth quarter of 2024. The decline was mainly driven by a provision for credit losses of $26.3 million, up from $12.1 million, and net interest income that fell to $65.6 million from $70.8 million, which matters to shareholders because the quarter's earnings were far lower than the prior quarter's.
Net income was $1.7 million, or $0.06 per diluted share, for the quarter ended March 31, 2025, compared with $15.3 million, or $0.50 per diluted share, in the fourth quarter of 2024.
Provision for credit losses was $26.3 million, compared with $12.1 million in the prior quarter, with office loans cited as the primary driver.
Nonperforming assets decreased $8.5 million to $202.9 million, and the allowance for credit losses rose to 1.63% of total loans from 1.44%.
The Board declared a cash dividend of $0.165 per share, payable May 16, 2025 to shareholders of record on May 5, 2025.
Eagle Bancorp disclosed leadership changes: Executive Chair Norm Pozez will not stand for re-election as a director when his term ends at the 2025 Annual Meeting, and Susan Riel, the current President and CEO, has assumed the role of Chair, Chief Executive Officer and President. Eric Newell (CFO) and Ryan Riel were promoted to Senior Executive Vice President, with a further announcement on their new responsibilities expected soon.
Norm Pozez, Executive Chair, will not stand for re-election; his term expires at the 2025 Annual Meeting of Shareholders
Susan Riel now serves as Chair, Chief Executive Officer and President
Eric Newell and Ryan Riel promoted to Senior Executive Vice President; the company says new responsibilities and reporting structure will be announced later
Pozez's 32,646 performance-based RSUs and 21,764 time-based restricted shares awarded February 12, 2024 will continue vesting on original schedules
Eagle Bancorp reported unaudited fourth-quarter 2024 net income of $15.3 million, or $0.50 per diluted share, down from $21.8 million, or $0.72 per diluted share, in the third quarter. The decline reflected lower noninterest income, a higher provision for credit losses and lower net interest income, and nonperforming assets rose to $211.5 million, driven largely by a $74.9 million office loan moved to nonaccrual. The company also announced a cash dividend of $0.165 per share and director Kathy A. Raffa said she will not stand for re-election at the 2025 Annual Meeting.
Q4 2024 net income was $15.3 million, versus $21.8 million in Q3 2024 and $20.2 million in Q4 2023
Provision for credit losses was $12.1 million in Q4 2024, compared with $10.1 million in Q3 2024
Nonperforming assets rose to $211.5 million from $137.1 million at September 30, 2024, mainly from a $74.9 million commercial real estate office loan moved to nonaccrual
Cash dividend of $0.165 per share is payable February 21, 2025 to shareholders of record on February 7, 2025
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Eagle Bancorp filing is on SEC EDGAR ↗. 8-K briefs of other companies →