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Washington, D.C. Morning Brief Washington DC

Washington, D.C. Morning Brief

January 24, 2017 Bisnow

Eagle Bancorp, Inc Announces Record Earnings

Representing A 16% Increase For 2016

Eagle Bancorp Inc, the parent company of EagleBank, announced a record Q4 net income of $25.7M, a 15% increase over the same three-month period in 2015. The company's total 2016 net income was $97.7M, a 15% increase over the previous year. "We are very pleased to report a continued trend of balanced and consistently strong financial performance," Eagle Bancorp CEO Ron Paul said.

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