BETHESDA, Md., Aug. 30, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (NASDAQ: EGBN), the Bethesda-based holding company of EagleBank, one of the largest community banks in the Washington D.C. area, today announced that Evelyn Lee will join the Bank as Chief Lending Officer for Commercial and Industrial (C&I) Lending. In this position, Ms. Lee will oversee all lending production and portfolio management activities within the C&I Lending Division, a significant strategic growth area for EagleBank. She will be ...

Investors in Eagle Bancorp, Inc. (EGBN) need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 20, 2024 $2.50 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number 0-25923 Eagle Bancorp, Inc. (Exact name of registrant as specified in its charter) Maryland 52-2061461 (State or other jurisdi ...

BETHESDA, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has hired Hetal Desai as Chief Risk Officer (CRO). Ms. Desai will support EagleBank's continued role as a trusted partner for clients and customers and play a pivotal role in managing risk for the Bank as it enhances its lines of business. Ms. Desai joins EagleBank with global expertise in risk management across top tier multinational financial instit ...

BETHESDA, Md., Aug. 01, 2024 (GLOBE NEWSWIRE) -- EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has hired Hetal Desai as Chief Risk Officer (CRO). Ms. Desai will support EagleBank's continued role as a trusted partner for clients and customers and play a pivotal role in managing risk for the Bank as it enhances its lines of business. Ms. Desai joins EagleBank with global expertise in risk management across top tier multinational financial instit ...

"Pete's experience in CRE asset management is a great addition to the Board as we drive sustained growth for EagleBank," said Norman Pozez, Executive Chairman of the Board. "We look forward to drawing on his leadership and experience in managing asset quality as the Board continues its oversight role." "I am honored to be joining the EagleBank Board and help drive forward the Bank's strategic priorities," said Pete Mathews. "EagleBank stands as a leader in the region due to its industry leading capital and ...

"As we continue to strengthen our team of personnel in all areas of the Bank, it is my pleasure to welcome Pete Mathews to our Board," said Susan Riel, President and CEO of EagleBank. "In our 25-year franchise CRE has always been a foundation of EagleBank, and Pete's impressive four-decade career in commercial real estate and commercial banking will support EagleBank in maintaining our position as a local leader in the industry. I am delighted to have Pete on our team." About Eagle Bancorp, Inc. and EagleBa ...

Eagle Bancorp, Inc. (NASDAQ:EGBN) Q2 2024 Earnings Conference Call July 25, 2024 10:00 AM ET Company Participants Eric Newell - Chief Financial Officer Susan Riel - President and Chief Executive Officer Jan Williams - Chief Credit Officer Conference Call Participants Catherine Mealor - KBW Christopher Marinac - Janney Montgomery Scott Operator Good day, and thank you for standing by, and welcome to Eagle Bancorp, Inc. Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a list ...

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estim ...

EAGLE BANCORP, INC. ANNOUNCES SECOND QUARTER 2024 RESULTS Eagle grows Common Equity Tier 1 Capital and Tier 1 Capital leverage ratio to 13.9% and 10.6%, respectively 1 Ms. Riel added, "I thank all of our employees for their hard work and dedication. Additionally, we remain committed to a culture of respect, diversity and inclusion in both the workplace and the communities we serve." • Nonperforming assets increased $6.7 million as of June 30, 2024 and were 0.88% of total assets compared to 0.79% as of March ...