EAGLE BANCORP INC — Form 8-K
Filed July 22, 2026 · analyzed by the 8-K Agent
8-K
▼ Likely negative
significance 42/100
What the filing says
Eagle Bancorp reported Q2 2026 net income of $6.9 million ($0.23/share) vs. $14.7 million ($0.48/share) in Q1 2026—a $7.8 million decline driven primarily by provision for credit losses of $21.4 million (vs. $13.4 million prior quarter). The bank declared a $0.01/share dividend (payable August 17, 2026). Net interest margin expanded 5 basis points to 2.52%, and pre-provision net revenue improved to $29.1 million, but higher charge-offs ($47.9 million vs. $26.0 million) and deliberate de-risking (CRE payoffs of $893.6 million YTD) suppressed bottom-line earnings.
Why this rating
Q2 net income decline is moderate relative to $571.5M market cap (~1.2% of annual run-rate earnings). Earnings fell 53% QoQ but underlying operational trends (NIM expansion, PPNR improvement, asset quality stabilization) are constructive. Bank executing planned de-risking; not crisis-driven. Dividend maintained but reduced from prior $0.165/share.
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