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Eagle Bancorp: 4Q Earnings Snapshot

BETHESDA, Md. (AP) _ Eagle Bancorp Inc. (EGBN) on Wednesday reported fourth-quarter net income of $35.5 million.

The bank, based in Bethesda, Maryland, said it had earnings of $1.06 per share.

The bank holding company posted revenue of $113.9 million in the period. Its revenue net of interest expense was $87.4 million, beating Street forecasts.

For the year, the company reported profit of $142.9 million, or $4.18 per share. Revenue was reported as $349.7 million.

Eagle Bancorp shares have dropped 2% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $47.60, a drop of 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EGBN at https://www.zacks.com/ap/EGBN