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Profitability Rebounds

Profitability Rebounds

Eagle Bancorp announced Q1 2026 results, reporting net income of $14.7 million ($0.48 per diluted share) and a return to profitability after a $2.4 million loss in Q4‑2025. Net interest margin expanded to 2.47 %, driven by a better funding mix and less wholesale borrowing, although net interest income fell due to accelerated commercial‑real‑estate loan payoffs and lower average cash balances. Pre‑provision net revenue rose to $27.7 million, up $7 million from the prior quarter, largely from reduced non‑interest expense.
24/04/2026 | Eagle Bancorp, Inc.