NASDAQ$EGBN
Eagle Bancrp Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Reported net income of $15.3 million, with challenges in asset quality and valuation risk in the office portfolio.
Eagle Bancorp reported a net income of $15.3 million for Q4 2024, a decrease compared to the previous quarter. The company successfully repaid $1 billion of Bank Term Funding Program debt and saw deposit growth, but faced challenges with asset quality and increased non-performing assets.
- Net income was $15.3 million, or $0.50 per diluted share, down from $21.8 million in the prior quarter.
- Nonperforming assets increased to $211.5 million, representing 1.90% of total assets.
- Total deposits increased by $590.2 million to $9.1 billion.
- The company successfully repaid $1 billion of Bank Term Funding Program debt.
Headline financials
Revenue & EPS history
Eagle Bancorp · Revenue · Quarterly
$70.8M
Forward guidance
Eagle Bancorp expects further benefits to funding costs in the first half of 2025 by prioritizing more effective use of wholesale funding and passing through short-term rate reductions to non-maturity deposits.
Tailwinds
- Expect further benefits to funding costs in the first half of 2025.
- Prioritizing more effective use of wholesale funding.
- Passing through short-term rate reductions to non-maturity deposits.
- Common equity tier one capital increasing to 14.6%.
- Tangible common equity ratio exceeding 10%.
Headwinds
- Asset quality fell short of expectations.
- Valuation risk in office portfolio continues to be a key concern.
- Non-accruals increased due to a $74.9 million commercial real estate office loan.
- Annualized quarterly net charge-offs for the fourth quarter were 0.48% compared to 0.26% for the third quarter 2024.
- The net interest margin decreased to 2.29% for the fourth quarter 2024, compared to 2.37% for the prior quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
-0.3%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+0.3%
Avg return
30 days after
55%
36 / 66 earnings
Positive
+16.3%
Q4 2025
Best reaction
-28.1%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.7% | -1.6% | -2.6% | |
| Q4 2025 | +16.3% | +8.7% | +10.3% | |
| Q3 2025 | -12.4% | -9.3% | -7.3% | |
| Q2 2025 | -2.1% | -1.0% | +10.0% | |
| Q1 2025 | -11.4% | -14.2% | -17.6% | |
| Q4 2024 | +2.8% | +6.0% | -7.4% | |
| Q3 2024 | +12.4% | +14.0% | +26.3% | |
| Q2 2024 | -2.2% | -7.3% | -4.6% | |
| Q1 2024 | -10.4% | -14.9% | -16.5% | |
| Q4 2023 | -1.2% | -0.5% | -13.7% | |
| Q3 2023 | +12.0% | +13.1% | +32.6% | |
| Q2 2023 | +6.9% | +5.4% | -10.2% | |
| Q1 2023 | -17.7% | -15.9% | -39.2% | |
| Q4 2022 | +4.5% | +7.2% | +3.1% | |
| Q3 2022 | -6.3% | -8.2% | -3.7% | |
| Q2 2022 | -4.2% | -4.1% | +4.9% | |
| Q1 2022 | +0.4% | -3.8% | -12.8% | |
| Q4 2021 | -5.2% | -3.3% | -3.7% | |
| Q3 2021 | -0.5% | -1.0% | +2.4% | |
| Q2 2021 | -4.8% | -1.6% | +2.2% | |
| Q1 2021 | +0.3% | +4.3% | +9.8% | |
| Q4 2020 | -3.4% | -2.3% | +11.0% | |
| Q3 2020 | +5.6% | +3.7% | +25.5% | |
| Q2 2020 | +3.3% | -2.2% | -6.7% | |
| Q1 2020 | +4.7% | +14.4% | +4.9% | |
| Q4 2019 | -1.6% | -4.3% | -7.8% | |
| Q3 2019 | +1.4% | +5.9% | +5.7% | |
| Q2 2019 | -28.1% | -26.8% | -26.7% | |
| Q1 2019 | -1.4% | -2.8% | -1.7% | |
| Q4 2018 | +1.0% | +4.7% | +11.9% | |
| Q3 2018 | +5.7% | +1.5% | +9.0% | |
| Q2 2018 | -4.5% | -3.8% | -9.5% | |
| Q1 2018 | +2.8% | +3.2% | +4.4% | |
| Q4 2017 | +0.5% | +3.0% | +3.9% | |
| Q3 2017 | +1.0% | +0.9% | +0.4% | |
| Q2 2017 | +3.3% | +2.0% | -1.8% | |
| Q1 2017 | +2.6% | +4.5% | +0.4% | |
| Q4 2016 | +2.1% | +2.7% | +7.4% | |
| Q3 2016 | +0.4% | +2.4% | +14.2% | |
| Q2 2016 | +0.2% | +0.9% | +3.2% | |
| Q1 2016 | +0.3% | — | — | |
| Q4 2015 | -1.5% | — | — | |
| Q3 2015 | -4.2% | — | — | |
| Q2 2015 | -1.2% | — | — | |
| Q1 2015 | -0.4% | — | — | |
| Q4 2014 | +3.3% | — | — | |
| Q3 2014 | +1.3% | — | — | |
| Q2 2014 | +3.6% | — | — | |
| Q1 2014 | -2.1% | — | — | |
| Q4 2013 | +6.6% | — | — | |
| Q3 2013 | -4.9% | — | — | |
| Q2 2013 | +2.5% | — | — | |
| Q1 2013 | +3.3% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q4 2011 | -1.9% | — | — | |
| Q4 2012 | -2.0% | — | — | |
| Q3 2012 | +3.1% | — | — | |
| Q2 2012 | -2.5% | — | — | |
| Q1 2011 | +0.5% | — | — | |
| Q1 2012 | +4.1% | — | — | |
| Q4 2009 | +1.7% | — | — | |
| Q3 2010 | -5.7% | — | — | |
| Q3 2011 | -5.7% | — | — | |
| Q2 2011 | +3.2% | — | — | |
| Q2 2010 | +3.2% | — | — | |
| Q1 2010 | +5.1% | — | — |
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