Eagle Bancorp (EGBN) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Eagle Bancorp reported revenue of $78.79 million for the quarter ended September 2024, reflecting a 2.2% increase year-over-year [1] - The company's EPS was $0.72, down from $0.91 in the same quarter last year [1] - Revenue fell short of the Zacks Consensus Estimate of $80.31 million, resulting in a surprise of -1.88% [1] - The EPS exceeded expectations with a surprise of +60.00%, compared to the consensus estimate of $0.45 [1] Financial Metrics - Net Interest Margin was reported at 2.4%, slightly below the estimated 2.5% [1] - Efficiency Ratio stood at 55.4%, higher than the average estimate of 53.8% [1] - Total noninterest income reached $6.95 million, surpassing the estimated $5.03 million [1] - Net Interest Income was $71.84 million, below the average estimate of $75.28 million [1] Stock Performance - Eagle Bancorp shares have returned +3.9% over the past month, outperforming the Zacks S&P 500 composite's +2.7% change [2] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [2]