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EagleBank Presents: 15 Things You Need to Know

Washington, D.C. Morning Brief Washington DC
Washington, D.C. Morning Brief
October 18, 2018 Bisnow
EagleBank Presents: 15 Things You Need to Know
Eagle Bancorp, Inc. Announces Another Quarter Of Record Earnings With Q3 Net Income Up 30% 
Eagle Bancorp, Inc., the parent company of EagleBank, announced Wednesday it recorded quarterly net income of $38.9M for the three months ending Sept. 30, a 30% increase over Q3 2017. The company's net income for the first nine months of 2018 totaled $112M, a 32% increase over the same period in 2017. "We are very pleased to report a continued quarterly trend of both loan and deposit growth, together with increased total revenue, low levels of problem assets, favorable operating leverage and a very strong capital base," Eagle Bancorp CEO Ronald D. Paul said in a release.

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