Recap: Eagle Bancorp Q2 Earnings

Shares of Eagle Bancorp EGBN were flat in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 16.67% over the past year to $0.90, which beat the estimate of $0.74.

Revenue of $81,363,000 rose by 0.04% year over year, which missed the estimate of $81,380,000.

Looking Ahead

Eagle Bancorp hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Price Action

Company's 52-week high was at $49.84

Company's 52-week low was at $23.08

Price action over last quarter: down 2.67%

Company Overview

Eagle Bancorp Inc is a bank holding company that operates primarily through its wholly-owned subsidiary, EagleBank, in Maryland, Washington, D.C., and northern Virginia as an alternative to super-regional financial institutions. The bank was formed by a group of professionals with long-term community banking experience, and its strategy emphasizes personalized customer service. Growth has been mostly organic. The bank's customers are mostly businesses and professionals, as reflected in its loan portfolio. About three-fourths of the loan portfolio is exposed to real estate. Nearly all of its revenue is net interest income.