EAGLE BANCORP INC

Eagle Bancorp Inc. held its Annual Meeting of Shareholders on May 14, 2026. During the meeting, shareholders elected eleven individuals to the Board of Directors to serve until the 2027 Annual Meeting. Additionally, the appointment of Crowe LLP as the company's independent registered public accounting firm for the year ending December 31, 2026, was ratified, and a non-binding, advisory resolution approving the compensation of the company's named executive officers was also approved.

Eagle Bancorp, Inc. announced the appointment of Stephen R. Curley as President and Chief Executive Officer, effective July 6, 2026. Mr. Curley will also join the boards of the Company and EagleBank. Susan Riel will retire from her CEO role on July 5, 2026, but will remain a director if re-elected and will provide consulting services for 12 months at $94,000 per month. Mr. Curley's compensation package includes an annual salary of $1,050,000, a $250,000 sign-on bonus, and significant equity grants totaling $3,200,000.

Eagle Bancorp reported a significant increase in net income for Q1 2026 to $14.7 million, up from $1.7 million in Q1 2025, with diluted EPS rising to $0.48 from $0.06. This improvement was partly due to a lower provision for credit losses. However, the company experienced a decrease in total assets, deposits, and loans quarter-over-quarter, and declared a lower cash dividend of $0.01 per share compared to $0.165 in the prior year.

Eagle Bancorp Inc. filed its 1st Quarter 2026 Earnings Presentation. The presentation includes standard forward-looking statements and outlines various risk factors that could impact future operations and results. No specific financial results for Q1 2026 were detailed in the provided excerpt of the presentation.

Eagle Bancorp, Inc. reported a net income of $14.7 million, or $0.48 per share, for Q1 2026, a significant improvement from a net loss of $2.4 million, or $(0.08) per share, in Q4 2025. This turnaround was primarily driven by a $14.7 million decrease in noninterest expense and a $2.1 million lower provision for credit losses. The company also announced a cash dividend of $0.01 per share. Management highlighted progress in asset quality, capital accretion, balance sheet diversification, and a reduction in CRE concentration below 300%, while acknowledging the need to further expand pre-provision net revenue.