Eagle Bancorp, Inc. Announces Second Quarter 2024 Results

Income Statement Net interest income was $71.4 million for the second quarter 2024, compared to $74.7 million for the prior quarter. The decrease in net interest income was primarily driven by a decrease in the average balances of deposits held with other banks offset by lower average interest bearing liabilities with a higher rate during the second quarter as compared to the first quarter. Provision for credit losses was $9.0 million for the second quarter 2024, compared to $35.2 million for the prior quar ...