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Eagle Bancorp: Q2 Earnings Snapshot

Associated Press Finance
·1 min read

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Eagle Bancorp Inc. (EGBN) on Wednesday reported a loss of $83.8 million in its second quarter.

The bank, based in Bethesda, Maryland, said it had a loss of $2.78 per share. Earnings, adjusted for asset impairment costs, were 67 cents per share.

The bank holding company posted revenue of $175.1 million in the period. Its revenue net of interest expense was $76.7 million, which fell short of Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EGBN at https://www.zacks.com/ap/EGBN