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Eagle Bancorp posts 2Q profit

BETHESDA, Md. (AP) _ Eagle Bancorp Inc. (EGBN) on Wednesday reported second-quarter net income of $27.8 million.

The Bethesda, Maryland-based bank said it had earnings of 81 cents per share.

The bank holding company posted revenue of $86.4 million in the period. Its adjusted revenue was $76.7 million.

Eagle Bancorp shares have increased almost 2 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $61.95, an increase of 26 percent 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


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