Last $33.73 USD
Change Today +0.62 / 1.87%
Volume 235.5K
EGBN On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

eagle bancorp inc (EGBN) Snapshot

Open
$33.07
Previous Close
$33.11
Day High
$34.03
Day Low
$32.80
52 Week High
03/20/14 - $37.00
52 Week Low
11/1/13 - $26.04
Market Cap
877.8M
Average Volume 10 Days
123.8K
EPS TTM
$1.93
Shares Outstanding
26.0M
EX-Date
07/25/08
P/E TM
17.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for EAGLE BANCORP INC (EGBN)

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eagle bancorp inc (EGBN) Details

Eagle Bancorp, Inc. operates as a bank holding company for EagleBank that provides commercial and consumer banking services in the United States. Its deposit products include business and personal checking accounts, NOW accounts, tiered savings and money market accounts, and time deposits, as well as individual retirement accounts and investment sweep accounts. The company also offers commercial loans comprising working capital, equipment purchase, real estate lines of credit, and government contract financing, as well as asset based lending and accounts receivable financing; construction and commercial real estate loans; business equipment financing; consumer home equity lines of credit, personal lines of credit, and term loans; consumer installment loans, such as auto and personal loans; personal credit cards; and residential mortgage loans. In addition, it provides commercial and retail insurance products through a referral arrangement; online and mobile banking services; remote deposit services; and other services, including cash management services, business sweep accounts, lock boxes, remote deposit capture, account reconciliation services, merchant card services, safety deposit boxes, automated clearing house origination, after-hours depository, and ATM services. The company serves sole proprietors, small and medium-sized businesses, partnerships, corporations, non-profit organizations and associations, and investors, as well as individuals. As of June 9, 2014, it offered its services through 18 offices located in Montgomery County, Maryland; Washington, D.C.; and Northern Virginia. The company was founded in 1997 and is headquartered in Bethesda, Maryland.

386 Employees
Last Reported Date: 03/14/14
Founded in 1997

eagle bancorp inc (EGBN) Top Compensated Officers

Chairman, Chief Executive Officer, President,...
Total Annual Compensation: $1.3M
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $358.5K
President of Community Banking of Eaglebank
Total Annual Compensation: $389.2K
Executive Vice President, Chief Operations Of...
Total Annual Compensation: $552.1K
Chief Commercial Real Estate Lending Officer ...
Total Annual Compensation: $421.9K
Compensation as of Fiscal Year 2013.

eagle bancorp inc (EGBN) Key Developments

Eagle Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Reports Net Charge-Offs for the Third Quarter of 2014

Eagle Bancorp, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the nine months, the company reported net interest income of $126,662,000 compared to $106,076,000 a year ago. Total interest income was $135,482,000 against $115,642,000 a year ago. Income before income tax expense was $62,142,000 compared to $56,339,000 a year ago. Net income was $39,531,000 compared to $35,004,000 a year ago. Net income available to common shareholders was $39,097,000 or $1.47 per diluted share against $34,579,000 or $1.31 per diluted share a year ago. Book value per common share was $14.83 as on September 30, 2014 compared to $12.62 as on September 30, 2013. Tangible book value per common share was $14.71 as on September 30, 2014 compared to $12.48 as on September 30, 2013. Return on average assets was 1.36% compared to 1.38% a year ago. Return on average common equity was 14.33% compared to 14.79% a year ago. The primary driver of the company's revenue growth for the third quarter of 2014 was its net interest income growth of 22%, as compared to the third quarter in 2013 ($44.6 million versus $36.7 million), effectively outpacing the decline in total noninterest earnings attributable primarily to much lower levels of residential mortgage originations and sales. Net interest income increased 22% for the three months ended September 30, 2014 over the same period in 2013, resulting from both growth in average earning assets of 18% and an expanded net interest margin for the three months ended September 30, 2014. The company's performance was highlighted by 18% growth in total revenue as compared to the same quarter in 2013, by growth in both loans and deposit balances, by continuation of a very favorable net interest margin and by continued solid asset quality measures including lower levels of net credit losses from an already favorable position. For the quarter, the company reported net interest income of $44,635,000 compared to $36,703,000 a year ago. Total interest income was $47,886,000 against $39,724,000 a year ago. Income before income tax expense was $22,142,000 compared to $18,894,000 a year ago. Net income was $14,088,000 compared to $11,757,000 a year ago. Net income available to common shareholders was $13,937,000 or $0.52 per diluted share against $11,615,000 or $0.44 per diluted share a year ago. Return on average assets was 1.37% compared to 1.35% a year ago. Return on average common equity was 14.52% compared to 14.37% a year ago. The primary driver of the company's revenue growth was its net interest income growth of 22%, as compared to the third quarter in 2013 ($44.6 million versus $36.7 million), effectively outpacing the decline in total noninterest earnings attributable primarily to much lower levels of residential mortgage originations and sales. Additionally, the company achieved 6% growth in net interest income in the third quarter of 2014 as compared to the second quarter of 2014 ($44.6 million versus $42.0 million). The company reported that net charge-offs (annualized) were just 0.09% of average loans for the third quarter of 2014 as compared to net charge-offs (annualized) of 0.20% for the third quarter of 2013.

Eagle Bancorp, Inc. to Report Q3, 2014 Results on Oct 15, 2014

Eagle Bancorp, Inc. announced that they will report Q3, 2014 results at 5:00 PM, Eastern Standard Time on Oct 15, 2014

Eagle Bancorp, Inc., Q3 2014 Earnings Call, Oct 16, 2014

Eagle Bancorp, Inc., Q3 2014 Earnings Call, Oct 16, 2014

 

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EGBN

Industry Average

Valuation EGBN Industry Range
Price/Earnings 17.3x
Price/Sales 5.0x
Price/Book 2.2x
Price/Cash Flow 16.7x
TEV/Sales 2.5x
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