Revenue and margins remain compressed, with net interest income down to $61.3M in 2026Q3 from $71.8M in 2024Q3 and the efficiency ratio sitting near 66.5 percent, though the recent swing to a $0.79 EPS quarter after a $2.22 loss in 2025Q3 warrants further investigation before treating it as a sustained recovery.
Eagle Bancorp, Inc. (EGBN) annual income statement — 28-year revenue, gross profit & net income history
| 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 | 255.66M | 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 % | -24.55% | -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 % | 2.7% | 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 | 529.6M | 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 | 273.94M | 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 | 35.88M | 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 | 45.22M | 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 % | 15.03% | 9.8% | 6.46% | 6.9% | 6.63% | 11.07% | 12.44% | 7.35% | 6.65% | 9.38% | 9.56% | 10.61% | 9.32% | 14.58% | 14.65% | 12% | 10.74% | 10.92% | 9.42% | 13.46% | 10.6% | 12.22% | 15.89% | 16.47% | 15.49% | 14.02% | 5.57% | 6.06% | 3.15% |
| Total Net Revenue | 300.88M | 299.19M | 308.63M | 312.08M | 356.52M | 364.9M | 367.26M | 349.74M | 339.58M | 313.26M | 285.45M | 261.7M | 196.82M | 169.51M | 149.42M | 112.55M | 86.07M | 66.83M | 46.35M | 38.53M | 36.28M | 32.72M | 23.62M | 17.3M | 13.6M | 9.45M | 6.3M | 3.3M | 722.78K |
| Revenue Growth % | 2.49% | -3.06% | -1.11% | -12.46% | -2.3% | -0.64% | 5.01% | 2.99% | 8.4% | 9.74% | 9.07% | 32.96% | 16.12% | 13.44% | 32.76% | 30.77% | 28.79% | 44.19% | 20.28% | 6.2% | 10.91% | 38.51% | 36.52% | 27.23% | 43.94% | 49.88% | 91% | 356.57% | - |
| Non-Interest Expense | 199.71M | 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 | 66.37% | 63.72% | 88.99% | 49.12% | 46.31% | 40.88% | 39.25% | 39.99% | 37.31% | 37.84% | 40.29% | 42.74% | 50.67% | 49.9% | 51.57% | 56.22% | 59.26% | 64.01% | 66.49% | 64.67% | 60.15% | 57.95% | 63.3% | 63.63% | 62.73% | 68.22% | 90.78% | 87.88% | 72.33% |
| Operating Income | 65.3M | -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 % | 21.7% | -56.99% | -9.8% | 40.86% | 53.2% | 65.13% | 47.96% | 56.27% | 60.14% | 59.29% | 55.74% | 51.67% | 43.8% | 44.44% | 37.59% | 34.02% | 29.92% | 24.52% | 24.92% | 31.06% | 35.04% | 36.41% | 33.84% | 29.58% | 31.07% | 21.41% | 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 | 49.62M | -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 % | 16.49% | -62.23% | -9.8% | 40.86% | 53.2% | 65.13% | 47.96% | 56.27% | 60.14% | 59.29% | 55.74% | 51.67% | 43.8% | 44.44% | 37.59% | 34.02% | 29.92% | 24.52% | 24.92% | 31.06% | 35.04% | 36.41% | 33.84% | 29.58% | 31.07% | 21.41% | 0% | 0% | 0% |
| Income Tax | -3.82M | -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 % | -7.7% | 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 | 53.44M | -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 % | 17.76% | -42.8% | -15.24% | 32.21% | 39.53% | 48.42% | 36% | 40.87% | 44.84% | 32% | 34.23% | 32.16% | 27.57% | 27.73% | 23.62% | 21.82% | 19.35% | 15.59% | 16.03% | 19.98% | 22.12% | 23.06% | 21.54% | 18.58% | 19.61% | 18.57% | 16.79% | -27.27% | -193.7% |
| Net Income Growth % | 144.42% | -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) | 53.44M | -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) | 1.74 | -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 % | 144.14% | -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 | 30.63M | 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 |
Quick answers to the most common questions about buying EGBN stock.
For fiscal year 2025, Eagle Bancorp, Inc. (EGBN) reported total revenue of $299.2M. This represents a 41295.1% increase compared to $0.7M in 1998.
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 -57.0%. 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 6.7%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
Credit Provision Volatility Persistence
Metrics are mathematically derived from official filings.
Net Interest Income Compressing Persistently
Based on EGBN's reported figures, net interest income fell from $71.8M in 2024Q3 to $61.3M in 2026Q3, a decline of roughly 15 percent that points to a shrinking earning-asset base or compressing spreads rather than a single discrete event.
The sequential pattern of NII declines suggests that asset repricing has not offset funding cost pressures or loan balance reductions over the period. The data alone cannot distinguish between volume contraction and spread compression, and investors should monitor loan balance disclosures to separate these drivers. Recent quarterly NII stabilization near $61M to $64M may indicate the decline is flattening, but it does not yet confirm a turn.
Net Interest Margin Holds at Thin Levels
The reported net interest margin has held near 0.6 percent across the ten quarters shown, a level that appears structurally low for a regional bank and suggests limited pricing power in the competitive DMV deposit market, based on the supplied income data.
A margin this compressed leaves little cushion against credit costs, meaning provision swings translate directly into pre-tax losses. The stability of the reported NIM across periods suggests the spread itself is not the primary source of the earnings volatility seen in 2025. Peer comparison is limited here because the supplied peer set reports gross margins rather than NIM, so margin positioning relative to peers cannot be confirmed from this data.
Provision Expense Drives Earnings Volatility
As reported in the income statement, provision for credit losses reached $139.9M in 2025Q2 and $113.2M in 2025Q3, against quarterly provisions of $2.8M in 2026Q3, indicating that credit cost recognition has been the dominant driver of the swing into net losses.
The magnitude of the 2025 provisions relative to net interest income suggests a material reserve build under CECL assumptions, which may reflect either genuine credit deterioration or a conservative reassessment of economic conditions in the D.C. commercial real estate market. The sharp drop to $0 provision in 2025Q4 followed by modest amounts in 2026 warrants investigation into whether reserve releases are sustainable or represent timing effects. Investors should monitor charge-off and criticized loan trends in upcoming filings to assess whether the 2026 provision normalization reflects durable improvement.
Fee Income Offers Limited Diversification
Non-interest income as a share of total revenue has ranged from roughly 3.5 percent to 16.6 percent over the period, with recent quarters near 13 to 17 percent, based on EGBN's reported figures, leaving the bank heavily dependent on spread income.
The low and variable fee share suggests limited recurring non-interest revenue such as wealth management or treasury services that might cushion NII volatility. The fee ratio improved in 2026, which may indicate growth in fee-generating activity, but the absolute level remains small relative to interest income. This concentration implies that earnings remain sensitive to rate and credit conditions rather than to diversified fee streams.
Efficiency Ratio Deteriorates Under Revenue Pressure
The efficiency ratio reached 191.6 percent in 2024Q2 and 74.3 percent in 2025Q4, with 2026 readings near 60 to 67 percent, indicating that non-interest expenses have consumed a large share of revenue during periods of compressed income.
Efficiency ratios above 60 percent are high for a regional bank and suggest a cost base that has not scaled down with the revenue decline. The 2026 improvement in efficiency may reflect either lower expenses or higher revenue in the quarters shown, and the data does not isolate which. Operating leverage appears negative over the period, implying that further revenue erosion would likely produce disproportionate pressure on pre-provision earnings.
Earnings Recovery May Prove Fragile
Based on EGBN's reported figures, the 2026Q3 EPS beat of $0.79 came after a $2.2 per-share loss in 2025Q3, so a single quarter of positive earnings does not yet establish whether the recovery can persist through credit cycles.
The strongest challenge to the bullish reading is that the 2026Q3 profit was driven in part by a provision of only $2.8M against $21.5M in 2026Q2, which suggests the quarter may benefit from reserve timing rather than sustained core earnings power. Net interest income continued to decline year over year in every quarter shown, indicating that the core spread engine has not yet stabilized. Investors should treat the improvement as unconfirmed until consecutive quarters show NII stabilization and provisions that track charge-off trends rather than management discretion.