Monitor next quarter's net interest income trend and nonperforming asset trajectory to determine if the improved profitability is sustainable or if asset quality pressures persist.
Price Chart
Executive Summary
Eagle Bancorp reported Q1 2026 net income of $14.7 million ($0.48/share), reversing a prior quarter loss, driven by a $21.1 million noninterest expense decline from lower loan disposition and legal costs. Net interest margin expanded to 2.47% on improved funding mix, though net interest income fell $4.6 million due to lower balances. The bank reduced criticized/classified loans by $79.4 million and cut CRE concentration to 295.1%, but nonperforming assets rose to $130.8 million.
Key Financial Metrics
Key Facts
- Net income of $14.7 million ($0.48/share) vs. prior quarter net loss of $2.4 million ($0.08/share)
- Net interest income decreased $4.6 million to $63.7 million due to lower balances and fewer days
- Net interest margin increased to 2.47% from 2.38% driven by improved funding mix
- Noninterest expense decreased $21.1 million to $48.7 million due to lower loan disposition and legal costs
- Nonperforming assets increased $21.9 million to $130.8 million (1.31% of assets)
- CRE concentration declined to 295.1% from 336.6% in prior quarter
Financial Impact
Net income improved $17.1 million sequentially but net interest income declined $4.6 million
Risk Factors
- Rising nonperforming assets could pressure future earnings
- Decline in net interest income may continue if loan payoffs accelerate
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001050441-26-000062 |
| Document: erq1-2026xearningsreleas.htm | 0001050441-26-000062 |
| Document: gnw-20260422.htm | 0001050441-26-000062 |
| Document: 0001050441-26-000062-index-headers.html | 0001050441-26-000062 |
| Document: 0001050441-26-000062-index.html | 0001050441-26-000062 |
| Document: 0001050441-26-000062.txt | 0001050441-26-000062 |
| 8-K Data (Synthetic) | 0001050441-26-000062 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 21, 2026 5d ago | 8-K | $32.97 $33.68 | ▲ +2.15% | ▲ +2.68% | $33.29 (+0.97%) |
Oct 21, 2026 5d ago | Press Release | $32.97 $33.68 | ▲ +2.15% | ▲ +2.68% | $33.29 (+0.97%) |
Aug 11, 2026 10w ago | Institutional Cluster | $28.76 $28.78 | ▲ +0.07% | ▼ −0.63% | $33.29 (+15.75%) |
Jul 22, 2026 13w ago | Press Release | $27.60 $28.44 | ▼ −3.04% | ▼ −2.94% | $33.29 (−20.62%) |
Jul 8, 2026 15w ago | Press Release | $26.19 $26.83 | ▲ +2.44% | ▲ +1.60% | $33.29 (+27.11%) |
Jul 6, 2026 16w ago | 8-K | $27.20 $26.72 | ▼ −1.76% | ▼ −1.29% | $33.29 (+22.39%) |
Jun 30, 2026 16w ago | 8-K | $28.57 $27.59 | ▼ −3.43% | ▼ −3.30% | $33.29 (+16.52%) |
Jun 11, 2026 19w ago | Institutional Cluster | $28.26 $28.54 | ▲ +0.99% | ▲ +0.45% | $33.29 (+17.80%) |
May 12, 2026 23w ago | 8-K | $25.40 $24.97 | ▼ −1.69% | ▼ −2.27% | $33.29 (+31.06%) |
Apr 22, 2026 26w ago | 8-K | $26.14 $26.30 | ▲ +0.61% | ▼ −0.17% | $33.29 (+27.35%) |
US Market Status
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