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Stock impact report

Eagle Bancorp, Inc. Announces Fourth Quarter 2024 Results and Cash Dividend [Yahoo! Finance]

Eagle Bancorp, Inc. (EGBN) 
Last eagle bancorp, inc. earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.eaglebankcorp.com
Company Research Source: Yahoo! Finance
Bethesda-based holding company for EagleBank, one of the largest community banks in the Washington D.C. area, reported its unaudited results for the fourth quarter ended December 31, 2024. Eagle reported net income of $15.3 million or $0.50 per diluted share for the fourth quarter 2024, compared to net income of $21.8 million or $0.72 per diluted share during the third quarter. Pre-provision net revenue ("PPNR") in the fourth quarter was $30.3 million compared to $35.2 million for the prior quarter. The $6.5 million decrease in net income from the prior quarter is attributed to a decline in noninterest income of $2.9 million associated with higher swap fees collected in the third quarter that did not reoccur in the fourth quarter; $2.0 million increase in provision expense; $1.0 million decrease in net interest income, and a $0.9 million increase in noninterest expenses. Additionally, the Company is announcing today a cash dividend in the amount of $0.165 per share. The cash div Show less Read more
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