Quarterly ResultAug 6, 2026, 04:50 PM
Eagle Bancorp Q2 2026 Net Income $6.92M; EPS $0.23
AI Summary
Eagle Bancorp reported a net income of $6.92 million for Q2 2026, a significant improvement from a net loss of $69.78 million in Q2 2025. Diluted earnings per common share were $0.23, up from a loss of $2.30 in the prior year. The provision for credit losses decreased substantially to $21.45 million from $138.16 million. However, net interest income declined to $62.35 million from $67.78 million, and total assets decreased to $9.66 billion from $10.50 billion at year-end 2025.
Key Highlights
- Net Income for Q2 2026 was $6.92 million, compared to a net loss of $69.78 million in Q2 2025.
- Diluted EPS for Q2 2026 was $0.23, up from a diluted loss per share of $2.30 in Q2 2025.
- Net Interest Income for Q2 2026 decreased to $62.35 million from $67.78 million in Q2 2025.
- Provision for credit losses significantly decreased to $21.45 million in Q2 2026 from $138.16 million in Q2 2025.
- Total Assets were $9.66 billion as of June 30, 2026, down from $10.50 billion at Dec 31, 2025.
- Total Deposits were $8.19 billion as of June 30, 2026, down from $9.13 billion at Dec 31, 2025.
- Cash dividends declared were $0.01 per share in Q2 2026, down from $0.165 per share in Q2 2025.
Price Impact
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