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Eagle Bancorp Q1 2026 net income jumps 779% to $14.72 million
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Eagle Bancorp Q1 2026 net income jumps 779% to $14.72 million
  • Eagle Bancorp posted net income of $14.72 million in first-quarter 2026, swinging from profit of $1.68 million a year earlier, with pretax income climbing to $16.06 million from $2.45 million.
  • Provision for credit losses fell 49.03% to $13.38 million, while net interest income slipped 2.98% to $63.69 million.
  • Net interest margin widened 19 basis points to 2.47%, while noninterest income rose 54.84% to $12.71 million on $3.55 million of gain on sale of loans.
  • Nonperforming assets increased to $130.82 million, or 1.31% of total assets, from $108.96 million, or 1.04%, while allowance for credit losses declined to $147.16 million from $159.6 million.
  • Loans held for investment fell to $6.94 billion from $7.28 billion, while deposits dropped to $8.59 billion from $9.13 billion; liquidity available totaled $4.34 billion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eagle Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001050441-26-000066), on May 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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