Net interest income has trended downward from $74.7 million in 2024Q1 to $63.7 million in 2026Q1, while the net interest margin remains stagnant at 0.6%.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 |
|---|
| Net Interest Income | 267.93M | 269.89M | 288.69M | 290.55M | 332.87M | 324.51M | 321.56M | 324.05M | 316.99M | 283.89M | 258.17M | 233.94M | 178.48M | 144.79M | 127.53M | 99.05M | 76.83M | 59.53M | 41.98M | 33.35M | 32.44M | 28.72M | 19.87M | 14.45M | 11.49M | 8.12M | 5.95M | 3.1M | 700K |
| NII Growth % | -16.64% | -6.51% | -0.64% | -12.71% | 2.57% | 0.92% | -0.77% | 2.22% | 11.66% | 9.96% | 10.35% | 31.08% | 23.27% | 13.54% | 28.76% | 28.92% | 29.06% | 41.8% | 25.89% | 2.81% | 12.95% | 44.55% | 37.48% | 25.76% | 41.46% | 36.48% | 92% | 342.86% | - |
| Net Interest Margin % | 2.69% | 2.57% | 2.59% | 2.49% | 2.99% | 2.74% | 2.89% | 3.61% | 3.78% | 3.8% | 3.75% | 3.85% | 3.4% | 3.84% | 3.74% | 3.5% | 3.68% | 3.3% | 2.8% | 3.94% | 4.19% | 4.27% | 3.59% | 3.26% | 3.3% | 3.43% | 3.63% | 2.74% | 1.35% |
| Interest Income | 582.97M | 604.95M | 687.56M | 625.33M | 424.61M | 364.5M | 389.99M | 429.63M | 393.29M | 324.03M | 285.81M | 253.18M | 191.57M | 157.29M | 141.94M | 119.12M | 96.66M | 84.34M | 65.66M | 57.08M | 50.32M | 36.73M | 24.2M | 18.4M | 16.66M | 14.12M | 10.5M | 5.2M | 1.01M |
| Interest Expense | 315.04M | 335.06M | 398.88M | 334.78M | 91.75M | 39.98M | 68.42M | 105.58M | 76.29M | 40.15M | 27.64M | 19.24M | 13.1M | 12.5M | 14.41M | 20.08M | 19.83M | 24.81M | 23.68M | 23.73M | 17.88M | 8.01M | 4.33M | 3.95M | 5.17M | 6M | 4.55M | 2.1M | 310.59K |
| Loan Loss Provision | 264.7M | 279.05M | 64.23M | 31.27M | 1.74M | -21.94M | 46.95M | 13.09M | 8.66M | 8.97M | 11.33M | 14.64M | 10.88M | 9.6M | 16.19M | 10.98M | 9.31M | 7.67M | 3.98M | 1.64M | 1.75M | 1.84M | 675K | 1.18M | 843K | 979K | 581K | 400K | 200K |
| Non-Interest Income | 33.81M | 29.31M | 19.94M | 21.54M | 23.65M | 40.38M | 45.7M | 25.7M | 22.59M | 29.37M | 27.28M | 27.76M | 18.34M | 24.72M | 21.89M | 13.5M | 9.24M | 7.3M | 4.37M | 5.19M | 3.85M | 4M | 3.75M | 2.85M | 2.11M | 1.32M | 351K | 200K | 22.78K |
| Non-Interest Income % | 5.48% | 4.62% | 2.82% | 3.33% | 5.28% | 9.97% | 10.49% | 5.64% | 5.43% | 8.31% | 8.71% | 9.88% | 8.74% | 13.58% | 13.36% | 10.18% | 8.73% | 7.96% | 6.24% | 8.33% | 7.1% | 9.82% | 13.43% | 13.41% | 11.23% | 8.57% | 3.23% | 3.7% | 2.2% |
| Total Revenue | 616.78M | 634.26M | 707.5M | 646.86M | 448.27M | 404.88M | 435.68M | 455.33M | 415.87M | 353.41M | 313.09M | 280.94M | 209.92M | 182.01M | 163.84M | 132.63M | 105.9M | 91.64M | 70.02M | 62.26M | 54.16M | 40.72M | 27.95M | 21.25M | 18.77M | 15.45M | 10.85M | 5.4M | 1.03M |
| Revenue Growth % | -42.32% | -10.35% | 9.37% | 44.3% | 10.72% | -7.07% | -4.31% | 9.49% | 17.68% | 12.88% | 11.44% | 33.83% | 15.33% | 11.09% | 23.53% | 25.24% | 15.57% | 30.86% | 12.46% | 14.95% | 33% | 45.71% | 31.5% | 13.25% | 21.52% | 42.32% | 100.96% | 422.56% | - |
| Non-Interest Expense | 193.94M | 190.66M | 274.63M | 153.29M | 165.1M | 149.16M | 144.16M | 139.86M | 126.71M | 118.55M | 115.02M | 111.85M | 99.73M | 84.58M | 77.06M | 63.28M | 51.01M | 42.77M | 30.82M | 24.92M | 21.82M | 18.96M | 14.95M | 11.01M | 8.53M | 6.45M | 5.72M | 2.9M | 522.78K |
| Efficiency Ratio | 31.44% | 30.06% | 38.82% | 23.7% | 36.83% | 36.84% | 33.09% | 30.72% | 30.47% | 33.55% | 36.74% | 39.81% | 47.51% | 46.47% | 47.03% | 47.71% | 48.16% | 46.68% | 44.01% | 40.03% | 40.29% | 46.56% | 53.5% | 51.79% | 45.45% | 41.73% | 52.73% | 53.7% | 50.59% |
| Operating Income | -156.9M | -170.51M | -30.24M | 127.52M | 189.68M | 237.67M | 176.15M | 196.79M | 204.21M | 185.74M | 159.1M | 135.22M | 86.22M | 75.33M | 56.17M | 38.29M | 25.75M | 16.38M | 11.55M | 11.97M | 12.71M | 11.91M | 7.99M | 5.12M | 4.22M | 2.02M | 0 | 0 | 0 |
| Operating Margin % | -25.44% | -26.88% | -4.27% | 19.71% | 42.31% | 58.7% | 40.43% | 43.22% | 49.1% | 52.56% | 50.82% | 48.13% | 41.07% | 41.39% | 34.29% | 28.87% | 24.32% | 17.88% | 16.5% | 19.22% | 23.48% | 29.25% | 28.6% | 24.08% | 22.51% | 13.1% | 0% | 0% | 0% |
| Operating Income Growth % | - | -463.87% | -123.71% | -32.77% | -20.19% | 34.93% | -10.49% | -3.63% | 9.95% | 16.74% | 17.67% | 56.83% | 14.46% | 34.1% | 46.71% | 48.67% | 57.2% | 41.84% | -3.5% | -5.86% | 6.73% | 49.04% | 56.17% | 21.14% | 108.85% | - | - | - | - |
| Pretax Income | -172.57M | -186.18M | -30.24M | 127.52M | 189.68M | 237.67M | 176.15M | 196.79M | 204.21M | 185.74M | 159.1M | 135.22M | 86.22M | 75.33M | 56.17M | 38.29M | 25.75M | 16.38M | 11.55M | 11.97M | 12.71M | 11.91M | 7.99M | 5.12M | 4.22M | 2.02M | 0 | 0 | 0 |
| Pretax Margin % | -27.98% | -29.35% | -4.27% | 19.71% | 42.31% | 58.7% | 40.43% | 43.22% | 49.1% | 52.56% | 50.82% | 48.13% | 41.07% | 41.39% | 34.29% | 28.87% | 24.32% | 17.88% | 16.5% | 19.22% | 23.48% | 29.25% | 28.6% | 24.08% | 22.51% | 13.1% | 0% | 0% | 0% |
| Income Tax | -57.56M | -58.13M | 16.8M | 26.99M | 48.75M | 60.98M | 43.93M | 53.85M | 51.93M | 85.5M | 61.4M | 51.05M | 31.96M | 28.32M | 20.88M | 13.73M | 9.1M | 5.96M | 4.12M | 4.27M | 4.69M | 4.37M | 2.91M | 1.9M | 1.56M | 269K | 0 | 0 | 0 |
| Effective Tax Rate % | 33.36% | 31.22% | -55.54% | 21.16% | 25.7% | 25.66% | 24.94% | 27.36% | 25.43% | 46.04% | 38.59% | 37.75% | 37.07% | 37.59% | 37.18% | 35.86% | 35.33% | 36.41% | 35.69% | 35.66% | 36.89% | 36.67% | 36.36% | 37.18% | 36.88% | 13.3% | - | - | - |
| Net Income | -115.01M | -128.05M | -47.03M | 100.53M | 140.93M | 176.69M | 132.22M | 142.94M | 152.28M | 100.23M | 97.71M | 84.17M | 54.26M | 47.01M | 35.29M | 24.56M | 16.66M | 10.42M | 7.43M | 7.7M | 8.03M | 7.54M | 5.09M | 3.21M | 2.67M | 1.75M | 1.06M | -900K | -1.4M |
| Net Margin % | -18.65% | -20.19% | -6.65% | 15.54% | 31.44% | 43.64% | 30.35% | 31.39% | 36.62% | 28.36% | 31.21% | 29.96% | 25.85% | 25.83% | 21.54% | 18.52% | 15.73% | 11.37% | 10.61% | 12.37% | 14.82% | 18.52% | 18.2% | 15.13% | 14.21% | 11.36% | 9.75% | -16.67% | -135.48% |
| Net Income Growth % | -155.45% | -172.25% | -146.79% | -28.66% | -20.24% | 33.64% | -7.5% | -6.13% | 51.92% | 2.58% | 16.09% | 55.12% | 15.43% | 33.21% | 43.7% | 47.43% | 59.87% | 40.27% | -3.55% | -4.04% | 6.38% | 48.3% | 58.23% | 20.55% | 52.05% | 65.78% | 217.56% | 35.71% | - |
| Net Income (Continuing) | -115.01M | -128.05M | -47.03M | 100.53M | 140.93M | 176.69M | 132.22M | 142.94M | 152.28M | 100.23M | 97.71M | 84.17M | 54.26M | 47.01M | 35.29M | 24.56M | 16.66M | 10.42M | 7.43M | 7.7M | 8.03M | 7.54M | 5.09M | 3.21M | 2.67M | 1.75M | 1.06M | -900K | -1.4M |
| EPS (Diluted) | -3.77 | -4.21 | -1.56 | 3.31 | 4.39 | 5.52 | 4.09 | 4.18 | 4.42 | 2.92 | 2.86 | 2.50 | 1.95 | 1.76 | 1.46 | 1.04 | 0.70 | 0.50 | 0.56 | 0.64 | 0.67 | 0.64 | 0.44 | 0.38 | 0.42 | 6.61 | 0.18 | -0.14 | -0.36 |
| EPS Growth % | -151.84% | -169.87% | -147.13% | -24.6% | -20.47% | 34.96% | -2.15% | -5.43% | 51.37% | 2.1% | 14.4% | 28.21% | 10.8% | 20.55% | 40.38% | 48.57% | 40% | -10.71% | -12.5% | -4.48% | 4.69% | 45.45% | 15.79% | -9.52% | -93.65% | 3572.22% | 228.57% | 61.11% | - |
| EPS (Basic) | - | -4.21 | -1.56 | 3.31 | 4.40 | 5.53 | 4.09 | 4.18 | 4.44 | 2.94 | 2.91 | 2.54 | 2.01 | 1.81 | 1.50 | 1.05 | 0.71 | 0.50 | 0.57 | 0.66 | 0.70 | 0.68 | 0.46 | 0.40 | 0.45 | 6.61 | 0.18 | -0.14 | -0.36 |
| Diluted Shares Outstanding | 30.54M | 30.24M | 30.16M | 30.39M | 32.08M | 32M | 32.36M | 34.21M | 34.44M | 34.32M | 34.18M | 33.48M | 27.55M | 26.36M | 25.6M | 22.32M | 22.05M | 16.26M | 12.86M | 11.95M | 11.99M | 11.85M | 11.61M | 8.46M | 6.33M | 6.12M | 6.01M | 6.28M | 5.91M |
CRE asset quality deterioration
According to the provided financial data, Eagle Bancorp's net interest income has trended downward from $74.7 million in 2024Q1 to $63.7 million by 2026Q1, reflecting a persistent contraction in the bank's core interest-earning capacity amidst a challenging regional interest rate and competitive deposit environment.
The consistent decline in NII suggests that the bank is struggling to maintain its interest spread as funding costs likely remain elevated relative to asset yields. Investors should monitor whether this downward trajectory reflects a strategic reduction in loan volume or an inability to reprice the portfolio effectively in the DMV market.
As reported in the quarterly financial statements, Eagle Bancorp experienced extreme volatility in provision expenses, peaking at $139.9 million in 2025Q2, which significantly distorted the bank's bottom-line performance and highlights substantial uncertainty regarding the current quality of the loan portfolio.
The massive spikes in provision expenses suggest that the bank is aggressively addressing credit deterioration, likely within its commercial real estate exposure. This level of provisioning indicates that the bank's earnings are currently hostage to credit cycle outcomes rather than core operational efficiency.
Based on the reported figures, the bank's efficiency ratio has fluctuated significantly, reaching a high of 83.8% in 2024Q2, which indicates that the cost of maintaining its physical and operational footprint is currently consuming a disproportionate share of total revenue generated.
The inability to maintain a stable efficiency ratio suggests that the bank's fixed-cost structure is poorly aligned with its current revenue generation capacity. This lack of operating leverage may necessitate a fundamental restructuring of the bank's cost base to restore long-term profitability.
Data from the income statement reveals that the net interest margin has remained stagnant at 0.6% for several consecutive quarters, suggesting that the bank's interest-earning assets are failing to generate meaningful spread over the cost of funds in the current economic climate.
This persistent margin compression appears to be a structural issue rather than a temporary phenomenon, potentially limiting the bank's ability to absorb future credit losses. The lack of margin expansion, even during periods of rate volatility, implies that the bank's competitive position in the DMV market may be weakening.
Quick answers to the most common questions about buying EGBN stock.
Eagle Bancorp, Inc. (EGBN) reported a net loss of $128.1M for the fiscal year ending 2025.
Eagle Bancorp, Inc. (EGBN) reported an operating income of $-170.5M, resulting in an operating profit margin of -26.9%. This margin reflects the operational efficiency of the business before interest and taxes.
Eagle Bancorp, Inc. (EGBN) generated $20.1M in gross profit for the year, representing a gross profit margin of 3.2%. This demonstrates the company's core pricing power and production efficiency.