Financial Data and Key Metrics - The company's commentary includes non-GAAP financial information, with reconciliations provided in the earnings release posted on the Investor Relations section of the website and filed with the SEC [5] Business Line Data and Key Metrics - No specific data or metrics related to individual business lines were provided in the content Market Data and Key Metrics - No specific data or metrics related to individual markets were provided in the content Company Strategy and Industry Competition - No specific information on company strategy or industry competition was provided in the content Management Commentary on Operating Environment and Future Outlook - The company cautions against placing undue reliance on forward-looking statements, as actual results may differ materially due to identified risk factors [3][4] Other Important Information - The company's Form 10-K for the 2023 fiscal year and current reports on Form 8-K identify risk factors that could cause actual results to differ from forward-looking statements [4] Q&A Session - No Q&A session content was provided in the content

Core Insights - The article emphasizes the importance of the Zacks Rank system and its focus on earnings estimates and revisions to identify strong stocks [1] - Value investing is highlighted as a popular and successful strategy across various market conditions, utilizing traditional valuation metrics [2] - The Style Scores system is introduced, particularly the "Value" category, which helps identify top value stocks with high Zacks Ranks [3] Company Analysis: Eagle Bancorp (EGBN) - Eagle Bancorp (EGBN) currently holds a Zacks Rank of 1 (Strong Buy) and a Value grade of A, indicating strong investment potential [4] - EGBN's P/E ratio is 10.26, lower than the industry average of 11.29, with a 52-week range of 7.61 to 15.48 and a median of 10.88 [4] - The stock has a P/B ratio of 0.62, significantly below the industry average of 1.32, with a 52-week range of 0.39 to 0.74 and a median of 0.56 [5] - EGBN's P/S ratio stands at 1.05, compared to the industry's average of 1.86, indicating a favorable valuation based on sales [6] - The P/CF ratio for EGBN is 10.74, much lower than the industry average of 24.65, with a 52-week range of 5.76 to 12.84 and a median of 7.87 [7] - Overall, the metrics suggest that EGBN is likely undervalued, supported by a strong earnings outlook, making it an impressive value stock [8]

Core Insights - Eagle Bancorp reported revenue of $74.86 million for the quarter ended December 2024, reflecting a year-over-year decline of 1.4% and an EPS of $0.50 compared to $0.67 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $81.08 million, resulting in a surprise of -7.67%, while the EPS exceeded the consensus estimate of $0.48 by 4.17% [1] Financial Performance Metrics - Net Interest Margin was reported at 2.3%, below the average estimate of 2.5% from two analysts [4] - The Efficiency Ratio stood at 59.5%, higher than the estimated 54.7% by two analysts [4] - Total noninterest income was $4.07 million, compared to the estimated $5.27 million [4] - Net Interest Income was reported at $70.79 million, below the estimated $75.81 million [4] Stock Performance - Over the past month, shares of Eagle Bancorp have returned -5.9%, contrasting with the Zacks S&P 500 composite's +2.1% change [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), suggesting potential for outperformance in the near term [3]

Core Viewpoint - Eagle Bancorp reported quarterly earnings of $0.50 per share, exceeding the Zacks Consensus Estimate of $0.48 per share, but down from $0.67 per share a year ago, indicating a 25.37% year-over-year decline in earnings [1][2] Financial Performance - The company posted revenues of $74.86 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 7.67% and down from $75.89 million year-over-year [2] - Over the last four quarters, Eagle Bancorp has surpassed consensus EPS estimates three times and topped consensus revenue estimates only once [2] Stock Performance - Eagle Bancorp shares have declined approximately 3.6% since the beginning of the year, contrasting with the S&P 500's gain of 2.9% [3] - The stock currently holds a Zacks Rank 1 (Strong Buy), indicating expectations for outperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.52 on revenues of $80.79 million, and for the current fiscal year, it is $2.42 on revenues of $334.55 million [7] - The estimate revisions trend for Eagle Bancorp is favorable ahead of the earnings release, which may influence future stock movements [5][6] Industry Context - The Banks - Northeast industry, to which Eagle Bancorp belongs, is currently ranked in the top 24% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]

Financial Performance - Net income for Q4 2024 was $15.3 million, or $0.50 per diluted share, down from $21.8 million, or $0.72 per diluted share in Q3 2024[2] - Basic earnings per share for the quarter were $0.51, down from $0.72 in the previous quarter, representing a decline of 29.2%[21] - Net income for Q4 2024 was $15.290 million, a decrease from $21.815 million in Q3 2024[31] - Return on average assets for Q4 2024 was 0.48%, down from 0.70% in Q3 2024[31] - Return on average common equity decreased to 4.94% in Q4 2024 from 7.22% in Q3 2024[31] Revenue and Income - Pre-provision net revenue (PPNR) decreased to $30.3 million in Q4 2024 from $35.2 million in the prior quarter[2] - Total interest income for the three months ended December 31, 2024, was $168,417 thousand, a decrease of 3.4% from $173,813 thousand in the previous quarter[21] - Net interest income after provision for credit losses was $60,260 thousand, down from $63,342 thousand in the prior quarter, reflecting a decrease of 4.3%[21] - Noninterest income totaled $4,067 thousand, significantly lower than $6,951 thousand in the previous quarter, representing a decline of 41.5%[21] - Total noninterest expense increased to $44.532 million in Q4 2024 from $43.614 million in Q3 2024[31] Asset and Loan Management - Total loans were $7.9 billion at December 31, 2024, a decrease of 0.4% from the prior quarter-end[9] - Total loans at the end of December 2024 were $7,934,888 thousand, a slight decrease of 0.45% from $7,970,269 thousand in the previous quarter[25] - Nonperforming loans increased to $208,707 thousand from $134,387 thousand in the previous quarter, indicating a rise of 55.1%[25] - Net charge-offs for the quarter were $9,535 thousand, up from $5,303 thousand in the previous quarter, reflecting an increase of 79.5%[25] - The allowance for credit losses was 1.44% of total loans, up from 1.40% in the prior quarter[12] Deposits and Equity - Total deposits rose by $590.2 million, or 6.9%, to $9.1 billion at quarter-end[12] - Total deposits rose to $9,131,078 thousand, an increase of 6.9% from $8,540,850 thousand in the previous quarter[23] - Total deposits increased to $10,056,463 thousand, up from $9,344,414 thousand, representing a growth of about 7.6%[1] - Total shareholders' equity rose to $1,230,573 thousand compared to $1,201,477 thousand, marking an increase of approximately 2.4%[1] Capital and Ratios - Common equity tier one capital ratio increased to 14.6% at quarter-end[6] - The tangible common equity ratio improved to 11.02% from 10.86% in the previous quarter[4] - The efficiency ratio for Q4 2024 was 59.50%, up from 55.40% in Q3 2024[31] - The efficiency ratio increased to 59.49% from 55.35%, indicating a rise in operational overhead relative to revenue[4] Interest and Yield - The net interest margin (NIM) decreased to 2.29% in Q4 2024 from 2.37% in the prior quarter[8] - Total interest-earning assets rose to $12,303,940 thousand, with an average yield of 5.45%, down from 5.73% in the previous quarter[26] - The average yield on loans decreased to 6.63% in December 2024 from 6.77% in December 2023, indicating a downward trend in loan yields[28] - Net loan fees and late charges included in interest income on loans totaled $4.3 million for the three months ended December 31, 2024, compared to $4.7 million for the same period in 2023[28]

BETHESDA, Md., Jan. 22, 2025 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. ("Eagle", the "Company") (NASDAQ: EGBN), the 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 ...

BETHESDA, Md., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (NASDAQ: EGBN) (“Eagle”) announced today that as of 5:00 p.m., New York City time, on January 14, 2025 (the “Expiration Date”), $73.5 million in aggregate principal amount of outstanding 10.00% Senior Notes due 2029 (CUSIPs: 268948 AC0 and 268948 AD8) (the “Original Notes”) representing approximately 95% of the $77.7 million total outstanding principal amount of the Original Notes, were validly tendered and not validly withdrawn in connect ...

BETHESDA, Md., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (NASDAQ: EGBN) (“Eagle”) today announced that (i) the expiration date has been extended until 5:00 p.m. (Eastern Time) on January 14, 2025 (the “Extended Expiration Date”) with respect to its previously announced offer to exchange (the “Exchange Offer”) its outstanding unregistered 10.00% Senior Notes due 2029 (the “Original Notes”) for a like principal amount of notes of the same series that have been registered under the Securities Act o ...

BETHESDA, Md., Jan. 09, 2025 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ:EGBN), one of the largest community banks in the Washington, D.C. area, today announced that Bryan Pynchon will join the Bank as a C&I Market Executive for Maryland and Ian Joseph and Andrew Brkic as Relationship Managers (RMs) under Pynchon's leadership, as of January 6, 2025. In their respective roles, the new team members will work to advance EagleBank's goal of expanding its robust, diverse, and stable C&I portfolio. "The talent that we ...

Addition of experienced bankers in the DMV region complements EagleBank’s C&I growth strategyBETHESDA, Md., Jan. 09, 2025 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced that Bryan Pynchon will join the Bank as a C&I Market Executive for Maryland and Ian Joseph and Andrew Brkic as Relationship Managers (RMs) under Pynchon’s leadership, as of January 6, 2025. In their respective roles, the new team members will work to advance Eag ...