Core Viewpoint - EagleBank has provided a loan to Mamie D. Lee LLC to refinance the New Markets Tax Credit structure used for renovating a former D.C. Public School building, supporting local charter schools in the Washington, D.C. area [1][2]. Company Overview - EagleBank is one of the largest community banks in the Washington, D.C. area, headquartered in Bethesda, Maryland, and has been operational since 1998 [6]. - The bank focuses on building relationships with businesses, professionals, and individuals in its marketplace, conducting full-service commercial banking through 12 offices [6]. Transaction Details - The loan to Mamie D. Lee LLC was facilitated by EagleBank's Commercial and Industrial (C&I) team, highlighting the bank's active role in the charter school sector [2]. - Key personnel involved in the transaction include Jonathan Beall, Harvey L. Warnick, Jr., Karen McCadden, and Isaac Abebayeu [2]. Impact on Education - The refinancing will enable Bridges and Briya Public Charter Schools to access additional funds to support educational programming for families in the District [3]. - Both charter schools have a long history of serving students in Washington, D.C., with Bridges being recognized as an EmpowerK12 "Bold School" and Briya achieving Tier 1 status from the DC Public Charter School Board [4]. Property Background - The Mamie D. Lee Campus, originally constructed in 1967 for special-needs children, is being redeveloped to provide a full spectrum of educational programming from early childhood to adulthood [5].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number 0-25923 Eagle Bancorp, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

BETHESDA, Md., May 02, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the "Company") (NASDAQ:EGBN), the parent company of EagleBank, today announced that Eric R. Newell, Executive Vice President and Chief Financial Officer of the Company, will attend the 26th Annual D.A. Davidson Financial Institutions Conference on May 8-10, 2024, at the Broadmoor in Colorado. Investor information can be accessed at Eagle Bancorp's Investor Relations website at https://ir.eaglebankcorp.com. About Eagle Bancorp: The Company ...

Eagle Bancorp, Inc. (NASDAQ:EGBN) Q1 2024 Earnings Conference Call April 25, 2024 10:00 AM ET Company Participants Eric Newell - Chief Financial Officer Susan Riel - President and Chief Executive Officer Jan Williams - Chief Credit Officer Conference Call Participants Casey Whitman - Piper Sandler Catherine Mealor - KBW Christopher Marinac - Janney Montgomery Scott Operator Good day and thank you for standing by. Welcome to the Eagle Bancorp, Inc. First Quarter 2024 Earnings Conference Call. [Operator Instr ...

For the quarter ended March 2024, Eagle Bancorp (EGBN) reported revenue of $78.29 million, down 0.6% over the same period last year. EPS came in at -$0.01, compared to $0.78 in the year-ago quarter.The reported revenue represents a surprise of +3.69% over the Zacks Consensus Estimate of $75.51 million. With the consensus EPS estimate being $0.59, the EPS surprise was -101.69%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Eagle Bancorp (EGBN) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.59. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -101.69%. A quarter ago, it was expected that this bank holding company would post earnings of $0.76 per share when it actually produced earnings of $0.67, delivering a surprise of -11.84%.Over the last four quarters, the company ...

IMMEDIATE RELEASE CONTACT: PRESS RELEASE FOR EAGLE BANCORP, INC. Eric R. Newell April 24, 2024 240.497.1796 EAGLE BANCORP, INC. ANNOUNCES RESULTS OF OPERATIONS FOR FIRST QUARTER 2024 BETHESDA, MD, Eagle Bancorp, Inc. (the "Company") (NASDAQ: EGBN), the parent company of EagleBank (the "Bank"), today announced a net loss of $338 thousand for the first quarter 2024, compared to net income of $20.2 million for the fourth quarter 2023 (the "prior quarter"). Net loss was $(0.01) per share (diluted) for the first ...

BETHESDA, Md., April 03, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank, today announced that it will host a teleconference call for the financial community on April 25, 2024, at 10:00 a.m. (EDT). On this call, Eagle Bancorp Inc.’s Chief Executive Officer Susan Riel and Chief Financial Officer Eric Newell will discuss earnings for the first quarter 2024 financial results. Those results will be released after the close of business on April 24, 20 ...

BETHESDA, Md., April 03, 2024 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the "Company") (NASDAQ:EGBN), the parent company of EagleBank, today announced that it will host a teleconference call for the financial community on April 25, 2024, at 10:00 a.m. (EDT). On this call, Eagle Bancorp Inc.'s Chief Executive Officer Susan Riel and Chief Financial Officer Eric Newell will discuss earnings for the first quarter 2024 financial results. Those results will be released after the close of business on April 24, 202 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Eagle Bancorp, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification Number) Maryland 52-2061461 7830 Old Georgetown Road, Third Floor, Bethesda, Maryland 20814 (Address of principal executive offices) (Zip Code) Registrant's telephone number ...