Eagle Bancorp Profit Rises as Credit-Loss Provision Falls, Nonperforming Assets Rise

Eagle Bancorp, the holding company for Bethesda-based EagleBank, posted $24.246 million in third-quarter profit as its credit-loss provision dropped, even as nonperforming assets increased at Sept. 30. Net income for the three months ended Sept. 30, 2026, was $24.246 million, compared with $6.918 million for the three months ended June 30. Diluted earnings per share were $0.79 in the third quarter, up from $0.23 in the previous quarter. The provision for credit losses fell to $2.809 million from $21.448 million. Net charge-offs also declined, to $4.2 million from $47.9 million. Both comparisons are with the second quarter.

Source: TokenPost