Eagle Bancorp Stock Earnings Reports

Eagle Bancorp reported a challenging Q3 2025 marked by continued credit remediation work, especially in office CRE, while core commercial and deposit franchises showed improvement. Management moved $121 million of criticized office loans to held-for-sale and completed both an independent third-party loan review (covering ~85% of the commercial book) and an internal supplemental CRE review, which validated management's reserve approach. Q3 results included a net loss of $67.5 million; provisions were $113.2 million driven primarily by office portfolio actions. Allowance for credit losses was $156.2 million (2.14% of loans). Nonperforming loans fell materially to $118.6 million from $226.4 million, reflecting transfers to HFS, charge-offs and payoffs. C&I lending and core deposits showed momentum (C&I loans up $105 million; average C&I deposits +8.6%). Tangible common equity to tangible assets remained strong at 10.39%, CET1 13.58%, and liquidity was ample with $5.3 billion available and >2.3x coverage of uninsured deposits. Management expects provisions to be manageable and earnings to improve in 2026 as the credit cleanup completes, NIM benefits from mix and funding improvements, brokered deposits decline, and investment portfolio sizing nears target. The Chief Credit Officer, Kevin Geoghegan, voluntarily resigned; two experienced interim credit officers were appointed. Overall, management says the independent review affirmed that most loss recognition is behind them and that the franchise is positioned for improved profitability next year.