Eagle Bancorp, Inc. Announces Third Quarter 2025 Results and Cash Dividend

Core Viewpoint Eagle Bancorp, Inc. reported a net loss of $67.5 million for the third quarter of 2025, showing a slight improvement from the previous quarter's loss. The company continues to address asset quality challenges while maintaining a strong capital and liquidity position. Financial Performance - The net loss for Q3 2025 was $67.5 million, or $2.22 per share, compared to a net loss of $69.8 million, or $2.30 per share, in Q2 2025, reflecting a $2.3 million improvement [2] - Net interest income increased by $383 thousand to $68.2 million, while noninterest income decreased by $3.9 million to $2.5 million [2][8] - Noninterest expenses decreased by $1.6 million to $41.9 million, primarily due to lower FDIC assessments [2][8] Asset Quality - Total loans decreased by 4% to $7.4 billion, driven by declines in income-producing real estate loans [7] - Nonperforming assets decreased by $95.5 million to $133.3 million, representing 1.23% of total assets [8][14] - Annualized net charge-offs increased to 7.36% from 4.22% in the previous quarter [8] Capital and Liquidity - The common equity ratio was 10.39%, and the common equity tier 1 capital ratio was 13.58% [8] - Total estimated insured deposits increased to $7.2 billion, representing 75.6% of total deposits [8] - Total on-balance sheet liquidity and available capacity was $5.3 billion, resulting in a coverage ratio of over 230% [8] Dividend Declaration - The company declared a cash dividend of $0.01 per share, payable on November 14, 2025 [4]