EGBN Sep 2024 30.000 call
- Simply Wall St.
Eagle Bancorp First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Eagle Bancorp ( NASDAQ:EGBN ) First Quarter 2024 Results Key Financial Results Revenue: US$42.7m (down 41% from 1Q...
- Thomson Reuters StreetEvents
Q1 2024 Eagle Bancorp Inc Earnings Call
Q1 2024 Eagle Bancorp Inc Earnings Call
- Reuters
UPDATE 2-Valley National, Eagle Bancorp latest to disclose earnings hit due to CRE footprint
Valley National Bancorp and Eagle Bancorp were the latest regional banks to outline a hit to their earnings from exposure to commercial real estate (CRE) loans, underscoring the uncertainty that has clouded the industry. Investor focus this year is on the CRE exposure in regional lenders' loan books after New York Community Bancorp reported a surprise quarterly loss in January due to writedowns on loans tied to the sector. Eagle's stock hit its lowest in six months before closing down 10% on Thursday, a day after it reported a near six-fold jump in provisions for credit losses that led to a surprise loss for the first quarter.
