Annual Income Statements for Eagle Bancorp
This table shows Eagle Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for Eagle Bancorp
This table shows Eagle Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Income / (Loss) Attributable to Common Shareholders |
|
37 |
42 |
24 |
29 |
27 |
20 |
-0.34 |
-84 |
22 |
15 |
Consolidated Net Income / (Loss) |
|
37 |
42 |
24 |
29 |
27 |
20 |
-0.34 |
-84 |
22 |
15 |
Net Income / (Loss) Continuing Operations |
|
37 |
42 |
24 |
29 |
27 |
20 |
-0.34 |
-84 |
22 |
15 |
Total Pre-Tax Income |
|
49 |
52 |
31 |
37 |
35 |
25 |
2.66 |
-79 |
27 |
20 |
Total Revenue |
|
89 |
91 |
79 |
80 |
77 |
76 |
78 |
77 |
79 |
75 |
Net Interest Income / (Expense) |
|
84 |
86 |
75 |
72 |
71 |
73 |
75 |
71 |
72 |
71 |
Total Interest Income |
|
112 |
129 |
140 |
157 |
161 |
167 |
176 |
170 |
174 |
168 |
Loans and Leases Interest Income |
|
94 |
109 |
121 |
129 |
132 |
136 |
138 |
138 |
140 |
133 |
Investment Securities Interest Income |
|
13 |
14 |
14 |
14 |
14 |
13 |
13 |
12 |
13 |
12 |
Deposits and Money Market Investments Interest Income |
|
4.10 |
5.70 |
5.77 |
13 |
15 |
18 |
25 |
20 |
21 |
23 |
Federal Funds Sold and Securities Borrowed Interest Income |
|
0.22 |
0.59 |
0.08 |
0.05 |
0.08 |
0.09 |
0.07 |
0.14 |
0.10 |
0.12 |
Total Interest Expense |
|
28 |
44 |
65 |
85 |
90 |
94 |
101 |
98 |
102 |
98 |
Deposits Interest Expense |
|
26 |
39 |
49 |
59 |
71 |
78 |
79 |
77 |
81 |
83 |
Long-Term Debt Interest Expense |
|
1.04 |
1.04 |
16 |
25 |
1.04 |
-39 |
21 |
21 |
0.00 |
-38 |
Federal Funds Purchased and Securities Sold Interest Expense |
|
0.06 |
0.27 |
0.30 |
0.33 |
0.31 |
0.27 |
0.32 |
0.33 |
0.33 |
0.29 |
Total Non-Interest Income |
|
5.31 |
5.33 |
3.70 |
8.60 |
6.35 |
2.89 |
3.59 |
5.33 |
6.95 |
4.07 |
Service Charges on Deposit Accounts |
|
1.34 |
1.43 |
1.51 |
1.63 |
1.63 |
1.69 |
1.70 |
1.65 |
1.75 |
1.74 |
Other Service Charges |
|
2.51 |
2.71 |
1.25 |
6.22 |
4.05 |
0.49 |
1.18 |
2.93 |
4.45 |
1.58 |
Net Realized & Unrealized Capital Gains on Investments |
|
0.83 |
0.54 |
0.28 |
0.10 |
0.00 |
0.03 |
0.00 |
0.04 |
0.02 |
0.00 |
Other Non-Interest Income |
|
0.63 |
0.66 |
0.66 |
0.65 |
0.67 |
0.69 |
0.70 |
0.71 |
0.73 |
0.74 |
Provision for Credit Losses |
|
3.80 |
-0.30 |
7.01 |
5.56 |
4.81 |
14 |
36 |
9.57 |
8.50 |
11 |
Total Non-Interest Expense |
|
36 |
39 |
41 |
38 |
38 |
37 |
40 |
146 |
44 |
45 |
Salaries and Employee Benefits |
|
22 |
24 |
24 |
22 |
22 |
18 |
22 |
22 |
22 |
23 |
Net Occupancy & Equipment Expense |
|
6.72 |
6.41 |
6.42 |
6.58 |
6.29 |
6.40 |
6.35 |
6.39 |
6.23 |
6.51 |
Marketing Expense |
|
1.18 |
1.29 |
0.64 |
0.88 |
0.77 |
1.07 |
0.86 |
1.66 |
1.59 |
1.34 |
Property & Liability Insurance Claims |
|
1.29 |
1.72 |
1.49 |
2.58 |
3.34 |
4.44 |
6.41 |
5.92 |
7.40 |
9.28 |
Other Operating Expenses |
|
5.48 |
5.85 |
7.87 |
5.98 |
5.69 |
6.76 |
4.65 |
6.59 |
6.72 |
4.81 |
Income Tax Expense |
|
12 |
10 |
6.89 |
8.18 |
7.25 |
4.67 |
3.00 |
4.43 |
4.86 |
4.51 |
Basic Earnings per Share |
|
$1.16 |
$1.32 |
$0.78 |
$0.94 |
$0.91 |
$0.68 |
($0.01) |
($2.78) |
$0.72 |
$0.51 |
Weighted Average Basic Shares Outstanding |
|
31.92M |
30.95M |
30.72M |
29.91M |
29.93M |
29.93M |
30.19M |
30.18M |
30.20M |
30.20M |
Diluted Earnings per Share |
|
$1.16 |
$1.32 |
$0.78 |
$0.94 |
$0.91 |
$0.68 |
($0.01) |
($2.78) |
$0.72 |
$0.51 |
Weighted Average Diluted Shares Outstanding |
|
31.92M |
30.95M |
30.72M |
29.91M |
29.93M |
29.93M |
30.19M |
30.18M |
30.20M |
30.20M |
Weighted Average Basic & Diluted Shares Outstanding |
|
31.92M |
30.95M |
30.72M |
29.91M |
29.93M |
29.93M |
30.19M |
30.18M |
30.20M |
30.20M |
Annual Cash Flow Statements for Eagle Bancorp
This table details how cash moves in and out of Eagle Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Net Change in Cash & Equivalents |
-1,402 |
411 |
-89 |
Net Cash From Operating Activities |
195 |
196 |
124 |
Net Cash From Continuing Operating Activities |
195 |
196 |
124 |
Net Income / (Loss) Continuing Operations |
141 |
101 |
-47 |
Consolidated Net Income / (Loss) |
141 |
101 |
-47 |
Provision For Loan Losses |
1.74 |
31 |
64 |
Depreciation Expense |
3.32 |
3.48 |
3.20 |
Amortization Expense |
9.01 |
6.19 |
5.42 |
Non-Cash Adjustments to Reconcile Net Income |
47 |
14 |
109 |
Changes in Operating Assets and Liabilities, net |
-7.02 |
40 |
-11 |
Net Cash From Investing Activities |
-927 |
-98 |
311 |
Net Cash From Continuing Investing Activities |
-927 |
-98 |
311 |
Purchase of Property, Leasehold Improvements and Equipment |
-2.11 |
-0.07 |
-0.33 |
Purchase of Investment Securities |
-1,287 |
-313 |
-9.37 |
Sale and/or Maturity of Investments |
362 |
215 |
320 |
Net Cash From Financing Activities |
-670 |
313 |
-524 |
Net Cash From Continuing Financing Activities |
-670 |
313 |
-524 |
Net Change in Deposits |
-1,268 |
95 |
323 |
Issuance of Debt |
0.00 |
0.00 |
76 |
Repayment of Debt |
675 |
325 |
-880 |
Repurchase of Common Equity |
-33 |
-48 |
0.00 |
Payment of Dividends |
-56 |
-55 |
-46 |
Other Financing Activities, Net |
12 |
-3.93 |
3.06 |
Cash Interest Paid |
91 |
377 |
438 |
Cash Income Taxes Paid |
23 |
22 |
8.21 |
Quarterly Cash Flow Statements for Eagle Bancorp
This table details how cash moves in and out of Eagle Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Net Change in Cash & Equivalents |
|
-281 |
168 |
-139 |
15 |
70 |
465 |
-4.81 |
-175 |
68 |
23 |
Net Cash From Operating Activities |
|
15 |
55 |
61 |
31 |
47 |
57 |
2.85 |
55 |
56 |
10 |
Net Cash From Continuing Operating Activities |
|
15 |
55 |
61 |
31 |
47 |
57 |
2.85 |
55 |
56 |
10 |
Net Income / (Loss) Continuing Operations |
|
37 |
42 |
24 |
29 |
27 |
20 |
-0.34 |
-84 |
22 |
15 |
Consolidated Net Income / (Loss) |
|
37 |
42 |
24 |
29 |
27 |
20 |
-0.34 |
-84 |
22 |
15 |
Provision For Loan Losses |
|
3.80 |
-0.30 |
7.01 |
5.56 |
4.81 |
14 |
36 |
9.57 |
8.50 |
11 |
Depreciation Expense |
|
0.83 |
0.84 |
0.89 |
0.89 |
0.87 |
0.83 |
0.79 |
0.71 |
0.67 |
1.04 |
Amortization Expense |
|
2.18 |
1.82 |
1.72 |
1.56 |
1.49 |
1.42 |
1.43 |
1.37 |
1.38 |
1.24 |
Non-Cash Adjustments to Reconcile Net Income |
|
4.48 |
4.20 |
2.60 |
8.48 |
1.33 |
1.71 |
1.70 |
105 |
1.09 |
1.76 |
Changes in Operating Assets and Liabilities, net |
|
-33 |
6.53 |
24 |
-14 |
12 |
19 |
-36 |
23 |
22 |
-20 |
Net Cash From Investing Activities |
|
-105 |
-264 |
-59 |
50 |
-74 |
-15 |
5.86 |
25 |
103 |
176 |
Net Cash From Continuing Investing Activities |
|
-105 |
-264 |
-59 |
50 |
-74 |
-15 |
5.86 |
25 |
103 |
176 |
Purchase of Property, Leasehold Improvements and Equipment |
|
-0.84 |
-0.60 |
-0.31 |
0.09 |
-0.08 |
0.23 |
-0.07 |
0.04 |
-0.15 |
-0.14 |
Purchase of Investment Securities |
|
-196 |
-334 |
-117 |
-21 |
-110 |
-64 |
-65 |
2.50 |
17 |
35 |
Sale and/or Maturity of Investments |
|
92 |
71 |
58 |
71 |
36 |
49 |
71 |
23 |
86 |
141 |
Net Cash From Financing Activities |
|
-191 |
376 |
-141 |
-66 |
97 |
423 |
-14 |
-255 |
-91 |
-164 |
Net Cash From Continuing Financing Activities |
|
-191 |
376 |
-141 |
-66 |
97 |
423 |
-14 |
-255 |
-91 |
-164 |
Net Change in Deposits |
|
-408 |
-50 |
-1,250 |
255 |
658 |
432 |
-307 |
-234 |
274 |
590 |
Repayment of Debt |
|
- |
- |
-3,744 |
-1,077 |
5,146 |
-0.00 |
-1,800 |
-560 |
2,230 |
-750 |
Payment of Dividends |
|
-14 |
-14 |
-14 |
-13 |
-13 |
-14 |
-13 |
-14 |
-14 |
-4.98 |
Other Financing Activities, Net |
|
-3.27 |
14 |
2.89 |
-0.66 |
-11 |
5.03 |
6.55 |
2.31 |
-7.06 |
1.26 |
Cash Interest Paid |
|
29 |
41 |
61 |
103 |
103 |
110 |
67 |
114 |
128 |
129 |
Cash Income Taxes Paid |
|
11 |
7.30 |
- |
- |
7.01 |
4.60 |
- |
- |
5.98 |
2.23 |
Annual Balance Sheets for Eagle Bancorp
This table presents Eagle Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
Metric |
2022 |
2023 |
2024 |
Total Assets |
11,151 |
11,665 |
11,130 |
Cash and Due from Banks |
13 |
9.05 |
12 |
Federal Funds Sold |
34 |
3.74 |
2.58 |
Interest Bearing Deposits at Other Banks |
265 |
710 |
619 |
Trading Account Securities |
2,699 |
2,522 |
2,206 |
Loans and Leases, Net of Allowance |
-74 |
-86 |
-114 |
Allowance for Loan and Lease Losses |
74 |
86 |
114 |
Premises and Equipment, Net |
13 |
10 |
7.69 |
Intangible Assets |
104 |
105 |
0.02 |
Other Assets |
8,097 |
8,391 |
8,397 |
Total Liabilities & Shareholders' Equity |
11,151 |
11,665 |
11,130 |
Total Liabilities |
9,923 |
10,390 |
9,903 |
Non-Interest Bearing Deposits |
3,151 |
2,279 |
1,544 |
Interest Bearing Deposits |
5,562 |
6,529 |
7,587 |
Short-Term Debt |
35 |
1,401 |
523 |
Long-Term Debt |
1,045 |
0.00 |
76 |
Other Long-Term Liabilities |
129 |
182 |
173 |
Total Equity & Noncontrolling Interests |
1,228 |
1,274 |
1,226 |
Total Preferred & Common Equity |
1,228 |
1,274 |
1,226 |
Total Common Equity |
1,228 |
1,274 |
1,226 |
Common Stock |
413 |
375 |
385 |
Retained Earnings |
1,015 |
1,061 |
982 |
Accumulated Other Comprehensive Income / (Loss) |
-200 |
-162 |
-141 |
Quarterly Balance Sheets for Eagle Bancorp
This table presents Eagle Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
Metric |
|
Q3 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Total Assets |
|
10,713 |
11,089 |
11,035 |
11,164 |
11,613 |
11,302 |
11,285 |
Cash and Due from Banks |
|
27 |
9.94 |
9.87 |
8.63 |
10 |
11 |
16 |
Federal Funds Sold |
|
70 |
3.75 |
3.98 |
14 |
11 |
5.80 |
9.61 |
Interest Bearing Deposits at Other Banks |
|
47 |
159 |
174 |
236 |
696 |
526 |
584 |
Trading Account Securities |
|
1,659 |
1,589 |
2,591 |
2,507 |
2,446 |
2,404 |
2,395 |
Loans and Leases, Net of Allowance |
|
0.00 |
0.00 |
-78 |
-83 |
-100 |
-106 |
-112 |
Allowance for Loan and Lease Losses |
|
- |
- |
78 |
83 |
100 |
106 |
112 |
Premises and Equipment, Net |
|
14 |
13 |
12 |
11 |
9.50 |
8.79 |
8.29 |
Intangible Assets |
|
104 |
104 |
104 |
105 |
105 |
0.13 |
0.02 |
Other Assets |
|
8,792 |
9,210 |
8,218 |
8,366 |
8,435 |
8,448 |
8,383 |
Total Liabilities & Shareholders' Equity |
|
10,713 |
11,089 |
11,035 |
11,164 |
11,613 |
11,302 |
11,285 |
Total Liabilities |
|
9,493 |
9,847 |
9,815 |
9,948 |
10,353 |
10,133 |
10,060 |
Non-Interest Bearing Deposits |
|
2,929 |
2,248 |
2,010 |
2,073 |
1,836 |
1,694 |
1,610 |
Interest Bearing Deposits |
|
5,835 |
5,216 |
5,708 |
6,304 |
6,666 |
6,573 |
6,931 |
Short-Term Debt |
|
536 |
2,152 |
1,874 |
1,326 |
1,707 |
1,699 |
1,272 |
Long-Term Debt |
|
70 |
70 |
70 |
70 |
- |
- |
76 |
Other Long-Term Liabilities |
|
124 |
162 |
153 |
176 |
145 |
166 |
171 |
Total Equity & Noncontrolling Interests |
|
1,220 |
1,242 |
1,220 |
1,216 |
1,259 |
1,169 |
1,225 |
Total Preferred & Common Equity |
|
1,220 |
1,242 |
1,220 |
1,216 |
1,259 |
1,169 |
1,225 |
Total Common Equity |
|
1,220 |
1,242 |
1,220 |
1,216 |
1,259 |
1,169 |
1,225 |
Common Stock |
|
443 |
397 |
371 |
373 |
378 |
380 |
383 |
Retained Earnings |
|
987 |
1,026 |
1,041 |
1,055 |
1,048 |
950 |
967 |
Accumulated Other Comprehensive Income / (Loss) |
|
-211 |
-181 |
-192 |
-212 |
-166 |
-161 |
-124 |
Annual Metrics And Ratios for Eagle Bancorp
This table displays calculated financial ratios and metrics derived from Eagle Bancorp's official financial filings.
Metric |
2022 |
2023 |
2024 |
Growth Metrics |
- |
- |
- |
Revenue Growth |
-2.30% |
-12.46% |
-1.11% |
EBITDA Growth |
-18.41% |
-32.09% |
-115.76% |
EBIT Growth |
-20.19% |
-32.77% |
-123.71% |
NOPAT Growth |
-20.24% |
-28.66% |
-121.06% |
Net Income Growth |
-20.24% |
-28.66% |
-146.79% |
EPS Growth |
-20.47% |
-24.60% |
-147.13% |
Operating Cash Flow Growth |
-18.26% |
0.37% |
-36.73% |
Free Cash Flow Firm Growth |
-257.79% |
37.10% |
411.34% |
Invested Capital Growth |
32.32% |
15.88% |
-31.76% |
Revenue Q/Q Growth |
0.61% |
-4.60% |
-0.33% |
EBITDA Q/Q Growth |
-1.69% |
-16.86% |
-30.68% |
EBIT Q/Q Growth |
-2.16% |
-17.70% |
-20.27% |
NOPAT Q/Q Growth |
0.41% |
-17.93% |
-20.27% |
Net Income Q/Q Growth |
0.41% |
-17.93% |
-11.72% |
EPS Q/Q Growth |
0.46% |
-16.20% |
-12.23% |
Operating Cash Flow Q/Q Growth |
27.15% |
0.71% |
-27.34% |
Free Cash Flow Firm Q/Q Growth |
-1,037.85% |
59.87% |
3,923.79% |
Invested Capital Q/Q Growth |
26.41% |
2.43% |
-29.07% |
Profitability Metrics |
- |
- |
- |
EBITDA Margin |
56.66% |
43.96% |
-7.01% |
EBIT Margin |
53.20% |
40.86% |
-9.80% |
Profit (Net Income) Margin |
39.53% |
32.21% |
-15.24% |
Tax Burden Percent |
74.30% |
78.84% |
155.54% |
Interest Burden Percent |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
25.70% |
21.16% |
0.00% |
Return on Invested Capital (ROIC) |
6.96% |
4.04% |
-0.94% |
ROIC Less NNEP Spread (ROIC-NNEP) |
6.96% |
4.04% |
-3.53% |
Return on Net Nonoperating Assets (RNNOA) |
3.97% |
4.00% |
-2.82% |
Return on Equity (ROE) |
10.93% |
8.03% |
-3.76% |
Cash Return on Invested Capital (CROIC) |
-20.87% |
-10.68% |
36.81% |
Operating Return on Assets (OROA) |
1.65% |
1.12% |
-0.27% |
Return on Assets (ROA) |
1.23% |
0.88% |
-0.41% |
Return on Common Equity (ROCE) |
10.93% |
8.03% |
-3.76% |
Return on Equity Simple (ROE_SIMPLE) |
11.47% |
7.89% |
-3.84% |
Net Operating Profit after Tax (NOPAT) |
141 |
101 |
-21 |
NOPAT Margin |
39.53% |
32.21% |
-6.86% |
Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
2.59% |
SG&A Expenses to Revenue |
32.02% |
36.90% |
38.46% |
Operating Expenses to Revenue |
46.31% |
49.12% |
88.99% |
Earnings before Interest and Taxes (EBIT) |
190 |
128 |
-30 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
202 |
137 |
-22 |
Valuation Ratios |
- |
- |
- |
Price to Book Value (P/BV) |
1.00 |
0.66 |
0.64 |
Price to Tangible Book Value (P/TBV) |
1.09 |
0.72 |
0.64 |
Price to Revenue (P/Rev) |
3.44 |
2.69 |
2.53 |
Price to Earnings (P/E) |
8.71 |
8.36 |
0.00 |
Dividend Yield |
5.46% |
6.41% |
5.86% |
Earnings Yield |
11.48% |
11.96% |
0.00% |
Enterprise Value to Invested Capital (EV/IC) |
0.86 |
0.57 |
0.41 |
Enterprise Value to Revenue (EV/Rev) |
5.60 |
4.87 |
2.42 |
Enterprise Value to EBITDA (EV/EBITDA) |
9.88 |
11.07 |
0.00 |
Enterprise Value to EBIT (EV/EBIT) |
10.52 |
11.91 |
0.00 |
Enterprise Value to NOPAT (EV/NOPAT) |
14.16 |
15.11 |
0.00 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
10.24 |
7.76 |
6.04 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
0.00 |
0.00 |
0.90 |
Leverage & Solvency |
- |
- |
- |
Debt to Equity |
0.88 |
1.10 |
0.49 |
Long-Term Debt to Equity |
0.85 |
0.00 |
0.06 |
Financial Leverage |
0.57 |
0.99 |
0.80 |
Leverage Ratio |
8.92 |
9.12 |
9.12 |
Compound Leverage Factor |
8.92 |
9.12 |
9.12 |
Debt to Total Capital |
46.78% |
52.36% |
32.83% |
Short-Term Debt to Total Capital |
1.52% |
52.36% |
28.66% |
Long-Term Debt to Total Capital |
45.26% |
0.00% |
4.17% |
Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
53.22% |
47.64% |
67.17% |
Debt to EBITDA |
5.35 |
10.21 |
-27.71 |
Net Debt to EBITDA |
3.80 |
4.94 |
1.58 |
Long-Term Debt to EBITDA |
5.17 |
0.00 |
-3.52 |
Debt to NOPAT |
7.66 |
13.93 |
-28.31 |
Net Debt to NOPAT |
5.45 |
6.74 |
1.62 |
Long-Term Debt to NOPAT |
7.41 |
0.00 |
-3.60 |
Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
- |
- |
- |
Cash Flow Metrics |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
-423 |
-266 |
828 |
Operating Cash Flow to CapEx |
9,223.95% |
279,465.71% |
37,966.26% |
Free Cash Flow to Firm to Interest Expense |
-4.61 |
-0.79 |
2.08 |
Operating Cash Flow to Interest Expense |
2.12 |
0.58 |
0.31 |
Operating Cash Flow Less CapEx to Interest Expense |
2.10 |
0.58 |
0.31 |
Efficiency Ratios |
- |
- |
- |
Asset Turnover |
0.03 |
0.03 |
0.03 |
Fixed Asset Turnover |
25.44 |
26.38 |
34.52 |
Capital & Investment Metrics |
- |
- |
- |
Invested Capital |
2,308 |
2,675 |
1,825 |
Invested Capital Turnover |
0.18 |
0.13 |
0.14 |
Increase / (Decrease) in Invested Capital |
564 |
367 |
-849 |
Enterprise Value (EV) |
1,996 |
1,519 |
747 |
Market Capitalization |
1,228 |
841 |
781 |
Book Value per Share |
$38.48 |
$42.58 |
$40.60 |
Tangible Book Value per Share |
$35.22 |
$39.07 |
$40.60 |
Total Capital |
2,308 |
2,675 |
1,825 |
Total Debt |
1,080 |
1,401 |
599 |
Total Long-Term Debt |
1,045 |
0.00 |
76 |
Net Debt |
768 |
678 |
-34 |
Capital Expenditures (CapEx) |
2.11 |
0.07 |
0.33 |
Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
26 |
Net Nonoperating Obligations (NNO) |
1,080 |
1,401 |
599 |
Total Depreciation and Amortization (D&A) |
12 |
9.67 |
8.61 |
Earnings Adjustments |
- |
- |
- |
Adjusted Basic Earnings per Share |
$4.40 |
$3.31 |
($1.56) |
Adjusted Weighted Average Basic Shares Outstanding |
30.95M |
29.93M |
30.20M |
Adjusted Diluted Earnings per Share |
$4.39 |
$3.31 |
($1.56) |
Adjusted Weighted Average Diluted Shares Outstanding |
30.95M |
29.93M |
30.20M |
Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
30.95M |
29.93M |
30.20M |
Normalized Net Operating Profit after Tax (NOPAT) |
141 |
101 |
52 |
Normalized NOPAT Margin |
39.53% |
32.21% |
16.77% |
Pre Tax Income Margin |
53.20% |
40.86% |
-9.80% |
Debt Service Ratios |
- |
- |
- |
EBIT to Interest Expense |
2.07 |
0.38 |
-0.08 |
NOPAT to Interest Expense |
1.54 |
0.30 |
-0.05 |
EBIT Less CapEx to Interest Expense |
2.04 |
0.38 |
-0.08 |
NOPAT Less CapEx to Interest Expense |
1.51 |
0.30 |
-0.05 |
Payout Ratios |
- |
- |
- |
Dividend Payout Ratio |
39.58% |
54.70% |
-96.99% |
Augmented Payout Ratio |
63.05% |
102.48% |
-96.99% |
Quarterly Metrics And Ratios for Eagle Bancorp
This table displays calculated financial ratios and metrics derived from Eagle Bancorp's official financial filings.
Metric |
|
Q3 2022 |
Q4 2022 |
Q1 2023 |
Q2 2023 |
Q3 2023 |
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Revenue Growth |
|
2.13% |
2.44% |
-10.44% |
-9.13% |
-13.61% |
-16.54% |
-0.56% |
-4.63% |
2.24% |
-1.35% |
EBITDA Growth |
|
-10.98% |
-5.96% |
-46.62% |
24.28% |
-29.15% |
-50.62% |
-85.54% |
-296.61% |
-22.34% |
-18.70% |
EBIT Growth |
|
-15.83% |
-7.40% |
-47.85% |
29.50% |
-29.62% |
-52.42% |
-91.46% |
-315.27% |
-22.96% |
-20.48% |
NOPAT Growth |
|
-14.47% |
1.38% |
-47.02% |
82.80% |
-26.58% |
-52.07% |
-101.39% |
-293.65% |
-20.33% |
-24.40% |
Net Income Growth |
|
-14.47% |
1.38% |
-47.02% |
82.80% |
-26.58% |
-52.07% |
-101.39% |
-392.07% |
-20.33% |
-24.40% |
EPS Growth |
|
-14.71% |
1.54% |
-45.07% |
91.84% |
-21.55% |
-48.48% |
-101.28% |
-395.74% |
-20.88% |
-25.00% |
Operating Cash Flow Growth |
|
-86.30% |
304.56% |
-0.09% |
-51.42% |
206.53% |
2.50% |
-95.32% |
79.65% |
17.23% |
-82.19% |
Free Cash Flow Firm Growth |
|
-145.09% |
-492.37% |
-702.54% |
-751.92% |
-1,207.82% |
33.61% |
125.98% |
115.88% |
107.91% |
349.68% |
Invested Capital Growth |
|
5.50% |
32.32% |
126.73% |
94.19% |
43.02% |
15.88% |
-14.35% |
-9.32% |
-1.46% |
-31.76% |
Revenue Q/Q Growth |
|
0.82% |
1.93% |
-13.42% |
2.14% |
-4.15% |
-1.53% |
3.16% |
-2.05% |
2.75% |
-4.99% |
EBITDA Q/Q Growth |
|
65.04% |
5.28% |
-38.63% |
16.55% |
-5.91% |
-26.62% |
-82.03% |
-1,685.01% |
137.17% |
-23.18% |
EBIT Q/Q Growth |
|
72.81% |
6.32% |
-40.50% |
18.45% |
-6.09% |
-28.12% |
-89.32% |
-3,085.07% |
133.61% |
-25.80% |
NOPAT Q/Q Growth |
|
137.62% |
13.13% |
-42.56% |
18.40% |
-4.56% |
-26.14% |
-101.67% |
-16,338.20% |
139.26% |
-29.91% |
Net Income Q/Q Growth |
|
137.62% |
13.13% |
-42.56% |
18.40% |
-4.56% |
-26.14% |
-101.67% |
-24,693.49% |
126.03% |
-29.91% |
EPS Q/Q Growth |
|
136.73% |
13.79% |
-40.91% |
20.51% |
-3.19% |
-25.27% |
-101.47% |
-27,700.00% |
125.90% |
-29.17% |
Operating Cash Flow Q/Q Growth |
|
-75.56% |
257.30% |
9.99% |
-49.42% |
54.20% |
19.48% |
-94.98% |
1,841.22% |
0.62% |
-81.85% |
Free Cash Flow Firm Q/Q Growth |
|
-125.10% |
-799.96% |
-266.46% |
21.24% |
49.65% |
54.31% |
243.41% |
-51.84% |
-74.91% |
1,341.25% |
Invested Capital Q/Q Growth |
|
12.09% |
26.41% |
50.05% |
-8.66% |
-17.45% |
2.43% |
10.90% |
-3.30% |
-10.30% |
-29.07% |
Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBITDA Margin |
|
58.53% |
60.45% |
42.85% |
48.90% |
48.00% |
35.77% |
6.23% |
-100.80% |
36.46% |
29.48% |
EBIT Margin |
|
55.16% |
57.53% |
39.54% |
45.86% |
44.93% |
32.80% |
3.40% |
-103.51% |
33.86% |
26.44% |
Profit (Net Income) Margin |
|
41.81% |
46.40% |
30.78% |
35.68% |
35.53% |
26.65% |
-0.43% |
-109.28% |
27.69% |
20.42% |
Tax Burden Percent |
|
75.80% |
80.65% |
77.85% |
77.82% |
79.08% |
81.25% |
-12.71% |
105.58% |
81.77% |
77.24% |
Interest Burden Percent |
|
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Effective Tax Rate |
|
24.20% |
19.35% |
22.15% |
22.18% |
20.92% |
18.75% |
112.71% |
0.00% |
18.23% |
22.76% |
Return on Invested Capital (ROIC) |
|
8.33% |
8.16% |
4.28% |
5.05% |
5.24% |
3.34% |
-0.04% |
-7.40% |
3.31% |
2.80% |
ROIC Less NNEP Spread (ROIC-NNEP) |
|
8.33% |
8.16% |
4.28% |
5.05% |
5.24% |
3.34% |
-0.04% |
-8.95% |
3.31% |
2.80% |
Return on Net Nonoperating Assets (RNNOA) |
|
3.28% |
4.66% |
4.20% |
4.74% |
4.31% |
3.31% |
-0.07% |
-13.64% |
3.72% |
2.24% |
Return on Equity (ROE) |
|
11.61% |
12.83% |
8.48% |
9.79% |
9.54% |
6.65% |
-0.11% |
-21.04% |
7.02% |
5.04% |
Cash Return on Invested Capital (CROIC) |
|
2.54% |
-20.87% |
-72.79% |
-58.51% |
-29.88% |
-10.68% |
17.82% |
9.37% |
0.79% |
36.81% |
Operating Return on Assets (OROA) |
|
1.75% |
1.78% |
1.23% |
1.42% |
1.34% |
0.90% |
0.09% |
-2.85% |
0.93% |
0.72% |
Return on Assets (ROA) |
|
1.33% |
1.44% |
0.96% |
1.10% |
1.06% |
0.73% |
-0.01% |
-3.01% |
0.76% |
0.55% |
Return on Common Equity (ROCE) |
|
11.61% |
12.83% |
8.48% |
9.79% |
9.54% |
6.65% |
-0.11% |
-21.04% |
7.02% |
5.04% |
Return on Equity Simple (ROE_SIMPLE) |
|
11.51% |
0.00% |
9.62% |
10.86% |
10.08% |
0.00% |
6.03% |
-3.12% |
-3.44% |
0.00% |
Net Operating Profit after Tax (NOPAT) |
|
37 |
42 |
24 |
29 |
27 |
20 |
-0.34 |
-56 |
22 |
15 |
NOPAT Margin |
|
41.81% |
46.40% |
30.78% |
35.68% |
35.53% |
26.65% |
-0.43% |
-72.45% |
27.69% |
20.42% |
Net Nonoperating Expense Percent (NNEP) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
1.55% |
0.00% |
0.00% |
SG&A Expenses to Revenue |
|
33.00% |
34.52% |
39.67% |
36.59% |
37.12% |
34.12% |
36.96% |
38.89% |
37.43% |
40.66% |
Operating Expenses to Revenue |
|
40.59% |
42.80% |
51.55% |
47.23% |
48.83% |
48.89% |
51.09% |
191.03% |
55.35% |
59.49% |
Earnings before Interest and Taxes (EBIT) |
|
49 |
52 |
31 |
37 |
35 |
25 |
2.66 |
-79 |
27 |
20 |
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
52 |
55 |
34 |
39 |
37 |
27 |
4.88 |
-77 |
29 |
22 |
Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Price to Book Value (P/BV) |
|
1.02 |
1.00 |
0.74 |
0.48 |
0.48 |
0.66 |
0.53 |
0.47 |
0.55 |
0.64 |
Price to Tangible Book Value (P/TBV) |
|
1.11 |
1.09 |
0.80 |
0.52 |
0.53 |
0.72 |
0.58 |
0.47 |
0.55 |
0.64 |
Price to Revenue (P/Rev) |
|
3.51 |
3.44 |
2.63 |
1.71 |
1.79 |
2.69 |
2.14 |
1.79 |
2.17 |
2.53 |
Price to Earnings (P/E) |
|
8.86 |
8.71 |
7.65 |
4.39 |
4.77 |
8.36 |
8.76 |
0.00 |
0.00 |
0.00 |
Dividend Yield |
|
5.16% |
5.46% |
7.28% |
9.51% |
9.21% |
6.41% |
8.09% |
9.84% |
8.08% |
5.86% |
Earnings Yield |
|
11.29% |
11.48% |
13.07% |
22.78% |
20.97% |
11.96% |
11.41% |
0.00% |
0.00% |
0.00% |
Enterprise Value to Invested Capital (EV/IC) |
|
0.93 |
0.86 |
0.86 |
0.74 |
0.66 |
0.57 |
0.56 |
0.60 |
0.55 |
0.41 |
Enterprise Value to Revenue (EV/Rev) |
|
4.81 |
5.60 |
8.53 |
6.89 |
5.26 |
4.87 |
5.31 |
5.55 |
4.55 |
2.42 |
Enterprise Value to EBITDA (EV/EBITDA) |
|
8.30 |
9.88 |
17.17 |
12.97 |
10.43 |
11.07 |
15.28 |
0.00 |
0.00 |
0.00 |
Enterprise Value to EBIT (EV/EBIT) |
|
8.80 |
10.52 |
18.39 |
13.79 |
11.11 |
11.91 |
16.71 |
0.00 |
0.00 |
0.00 |
Enterprise Value to NOPAT (EV/NOPAT) |
|
12.15 |
14.16 |
24.81 |
17.65 |
14.05 |
15.11 |
21.78 |
0.00 |
0.00 |
0.00 |
Enterprise Value to Operating Cash Flow (EV/OCF) |
|
11.12 |
10.24 |
15.20 |
14.40 |
8.86 |
7.76 |
12.02 |
10.54 |
8.28 |
6.04 |
Enterprise Value to Free Cash Flow (EV/FCFF) |
|
37.81 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
2.89 |
6.04 |
68.50 |
0.90 |
Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Debt to Equity |
|
0.50 |
0.88 |
1.79 |
1.59 |
1.15 |
1.10 |
1.36 |
1.45 |
1.10 |
0.49 |
Long-Term Debt to Equity |
|
0.06 |
0.85 |
0.06 |
0.06 |
0.06 |
0.00 |
0.00 |
0.00 |
0.06 |
0.06 |
Financial Leverage |
|
0.39 |
0.57 |
0.98 |
0.94 |
0.82 |
0.99 |
1.57 |
1.52 |
1.12 |
0.80 |
Leverage Ratio |
|
8.74 |
8.92 |
8.85 |
8.89 |
8.98 |
9.12 |
9.08 |
9.35 |
9.20 |
9.12 |
Compound Leverage Factor |
|
8.74 |
8.92 |
8.85 |
8.89 |
8.98 |
9.12 |
9.08 |
9.35 |
9.20 |
9.12 |
Debt to Total Capital |
|
33.20% |
46.78% |
64.14% |
61.44% |
53.44% |
52.36% |
57.54% |
59.23% |
52.38% |
32.83% |
Short-Term Debt to Total Capital |
|
29.38% |
1.52% |
62.12% |
59.23% |
50.76% |
52.36% |
57.54% |
59.23% |
49.43% |
28.66% |
Long-Term Debt to Total Capital |
|
3.82% |
45.26% |
2.02% |
2.21% |
2.68% |
0.00% |
0.00% |
0.00% |
2.95% |
4.17% |
Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Common Equity to Total Capital |
|
66.80% |
53.22% |
35.86% |
38.56% |
46.56% |
47.64% |
42.46% |
40.77% |
47.62% |
67.17% |
Debt to EBITDA |
|
2.95 |
5.35 |
12.87 |
10.78 |
8.46 |
10.21 |
15.76 |
-205.09 |
-81.45 |
-27.71 |
Net Debt to EBITDA |
|
2.25 |
3.80 |
11.87 |
9.74 |
6.89 |
4.94 |
9.13 |
-139.57 |
-44.56 |
1.58 |
Long-Term Debt to EBITDA |
|
0.34 |
5.17 |
0.40 |
0.39 |
0.42 |
0.00 |
0.00 |
0.00 |
-4.58 |
-3.52 |
Debt to NOPAT |
|
4.32 |
7.66 |
18.60 |
14.68 |
11.39 |
13.93 |
22.47 |
-141.18 |
-76.58 |
-28.31 |
Net Debt to NOPAT |
|
3.29 |
5.45 |
17.16 |
13.26 |
9.29 |
6.74 |
13.02 |
-96.08 |
-41.90 |
1.62 |
Long-Term Debt to NOPAT |
|
0.50 |
7.41 |
0.58 |
0.53 |
0.57 |
0.00 |
0.00 |
0.00 |
-4.31 |
-3.60 |
Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Free Cash Flow to Firm (FCFF) |
|
-58 |
-522 |
-1,912 |
-1,506 |
-758 |
-346 |
497 |
239 |
60 |
865 |
Operating Cash Flow to CapEx |
|
1,848.27% |
9,289.92% |
19,423.64% |
0.00% |
61,584.42% |
0.00% |
4,008.45% |
0.00% |
36,332.68% |
7,054.55% |
Free Cash Flow to Firm to Interest Expense |
|
-2.10 |
-11.98 |
-29.31 |
-17.78 |
-8.38 |
-3.67 |
4.92 |
2.43 |
0.59 |
8.86 |
Operating Cash Flow to Interest Expense |
|
0.56 |
1.27 |
0.93 |
0.36 |
0.52 |
0.60 |
0.03 |
0.56 |
0.55 |
0.10 |
Operating Cash Flow Less CapEx to Interest Expense |
|
0.53 |
1.26 |
0.93 |
0.36 |
0.52 |
0.60 |
0.03 |
0.56 |
0.54 |
0.10 |
Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Asset Turnover |
|
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
0.03 |
Fixed Asset Turnover |
|
24.46 |
25.44 |
25.78 |
26.48 |
26.28 |
26.38 |
27.78 |
29.66 |
31.75 |
34.52 |
Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Invested Capital |
|
1,826 |
2,308 |
3,463 |
3,163 |
2,611 |
2,675 |
2,966 |
2,869 |
2,573 |
1,825 |
Invested Capital Turnover |
|
0.20 |
0.18 |
0.14 |
0.14 |
0.15 |
0.13 |
0.10 |
0.10 |
0.12 |
0.14 |
Increase / (Decrease) in Invested Capital |
|
95 |
564 |
1,936 |
1,534 |
785 |
367 |
-497 |
-295 |
-38 |
-849 |
Enterprise Value (EV) |
|
1,705 |
1,996 |
2,962 |
2,337 |
1,722 |
1,519 |
1,655 |
1,708 |
1,410 |
747 |
Market Capitalization |
|
1,243 |
1,228 |
914 |
581 |
584 |
841 |
666 |
552 |
673 |
781 |
Book Value per Share |
|
$38.02 |
$38.48 |
$40.13 |
$39.71 |
$40.66 |
$42.58 |
$42.08 |
$38.74 |
$40.61 |
$40.60 |
Tangible Book Value per Share |
|
$34.77 |
$35.22 |
$36.76 |
$36.32 |
$37.14 |
$39.07 |
$38.58 |
$38.73 |
$40.61 |
$40.60 |
Total Capital |
|
1,826 |
2,308 |
3,463 |
3,163 |
2,611 |
2,675 |
2,966 |
2,869 |
2,573 |
1,825 |
Total Debt |
|
606 |
1,080 |
2,221 |
1,944 |
1,396 |
1,401 |
1,707 |
1,699 |
1,348 |
599 |
Total Long-Term Debt |
|
70 |
1,045 |
70 |
70 |
70 |
0.00 |
0.00 |
0.00 |
76 |
76 |
Net Debt |
|
462 |
768 |
2,049 |
1,756 |
1,138 |
678 |
989 |
1,156 |
737 |
-34 |
Capital Expenditures (CapEx) |
|
0.84 |
0.60 |
0.31 |
-0.09 |
0.08 |
-0.23 |
0.07 |
-0.04 |
0.15 |
0.14 |
Net Nonoperating Expense (NNE) |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
28 |
0.00 |
0.00 |
Net Nonoperating Obligations (NNO) |
|
606 |
1,080 |
2,221 |
1,944 |
1,396 |
1,401 |
1,707 |
1,699 |
1,348 |
599 |
Total Depreciation and Amortization (D&A) |
|
3.01 |
2.66 |
2.61 |
2.45 |
2.37 |
2.25 |
2.22 |
2.07 |
2.05 |
2.27 |
Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Adjusted Basic Earnings per Share |
|
$1.16 |
$1.32 |
$0.78 |
$0.94 |
$0.91 |
$0.68 |
($0.01) |
($2.78) |
$0.72 |
$0.51 |
Adjusted Weighted Average Basic Shares Outstanding |
|
31.92M |
30.95M |
30.72M |
29.91M |
29.93M |
29.93M |
30.19M |
30.18M |
30.20M |
30.20M |
Adjusted Diluted Earnings per Share |
|
$1.16 |
$1.32 |
$0.78 |
$0.94 |
$0.91 |
$0.68 |
($0.01) |
($2.78) |
$0.72 |
$0.51 |
Adjusted Weighted Average Diluted Shares Outstanding |
|
31.92M |
30.95M |
30.72M |
29.91M |
29.93M |
29.93M |
30.19M |
30.18M |
30.20M |
30.20M |
Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
31.92M |
30.95M |
30.72M |
29.91M |
29.93M |
29.93M |
30.19M |
30.18M |
30.20M |
30.20M |
Normalized Net Operating Profit after Tax (NOPAT) |
|
37 |
42 |
24 |
29 |
27 |
20 |
1.86 |
17 |
22 |
15 |
Normalized NOPAT Margin |
|
41.81% |
46.40% |
30.78% |
35.68% |
35.53% |
26.65% |
2.38% |
22.63% |
27.69% |
20.42% |
Pre Tax Income Margin |
|
55.16% |
57.53% |
39.54% |
45.86% |
44.93% |
32.80% |
3.40% |
-103.51% |
33.86% |
26.44% |
Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
EBIT to Interest Expense |
|
1.78 |
1.20 |
0.48 |
0.44 |
0.38 |
0.26 |
0.03 |
-0.81 |
0.26 |
0.20 |
NOPAT to Interest Expense |
|
1.35 |
0.97 |
0.37 |
0.34 |
0.30 |
0.21 |
0.00 |
-0.56 |
0.21 |
0.16 |
EBIT Less CapEx to Interest Expense |
|
1.75 |
1.19 |
0.47 |
0.44 |
0.38 |
0.27 |
0.03 |
-0.81 |
0.26 |
0.20 |
NOPAT Less CapEx to Interest Expense |
|
1.32 |
0.96 |
0.37 |
0.34 |
0.30 |
0.22 |
0.00 |
-0.56 |
0.21 |
0.16 |
Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Dividend Payout Ratio |
|
38.73% |
39.58% |
47.74% |
42.28% |
44.91% |
54.70% |
71.83% |
-149.69% |
-130.17% |
-96.99% |
Augmented Payout Ratio |
|
38.74% |
63.05% |
90.83% |
103.55% |
111.13% |
102.48% |
110.88% |
-149.68% |
-130.17% |
-96.99% |
Key Financial Trends
Eagle Bancorp (NASDAQ: EGBN) has exhibited a mixed financial performance over the last four years, with some quarters demonstrating strong profitability and others marked by losses and increased expenses. Here is a summary analysis highlighting key trends and relevant factors that could impact investors:
- Consistent Net Interest Income: Net interest income has generally remained strong and stable, with Q4 2024 at $70.8 million, maintaining solid income from loans, leases, and investments over the past quarters.
- Steady Non-Interest Income: Non-interest income, including service charges and capital gains on investments, has contributed positively to total revenues, with $4.1 million reported in Q4 2024.
- Reduction in Provision for Credit Losses from Peak: While provision for credit losses spiked dramatically to $105 million in Q2 2024, more recent quarters show a decrease to $10.5 million in Q4 2024, signaling potential stabilization in credit risk management.
- Improved Net Income in Recent Quarters: The company reported a net income of $15.3 million in Q4 2024, a recovery from a significant loss of $83.8 million in Q2 2024, indicating improved operational results.
- Strong Operating Cash Flows: Net cash from operating activities has been positive in recent quarters—for example, $10.1 million in Q4 2024—supporting business sustainability and liquidity.
- Fluctuating Earnings per Share (EPS): EPS has ranged from a low of -$2.78 per share in Q2 2024 to positive levels such as $0.51 in Q4 2024. This volatility suggests periods of earnings pressure but recent recovery.
- Manageable Dividend Payouts: Dividends per share have been consistently around $0.45 or $0.165 quarterly, reflecting a commitment to shareholder returns despite earnings fluctuations.
- Stable Asset Base: Total assets have remained relatively stable around $11-12 billion over the past year, with good liquidity from cash, federal funds, and investment securities.
- Significant Increase in Non-Interest Expenses in Q2 2024: The total non-interest expense surged to $146 million in Q2 2024 due to a high impairment charge ($104 million), which distorted profitability severely.
- Heavy Debt Repayments and High Interest Expenses: The company showed large swings in debt issuance and repayments (e.g., $2.57 billion issuance and $2.23 billion repayments in Q3 2024), and high interest expense totals (up to $100 million in some quarters), which could pressure margins and cash flows.
Summary: Eagle Bancorp showed strong resilience after a challenging mid-2024 period where impairment charges and credit losses hammered earnings. Recent quarters signal recovery with stable interest income and improving net income. However, investors should watch for variability in credit loss provisions, non-interest expenses, and manageability of debt levels as these pose risks. The steady dividends and positive operating cash flow are encouraging indicators of underlying business health.
08/09/25 05:55 PMAI Generated. May Contain Errors.