Eagle Bancorp(US:EGBN)2025-01-24 13:36Financial Highlights - Total assets reached $11.1 billion[9], total loans amounted to $7.9 billion[9], and total deposits stood at $9.1 billion[9] - Tangible common equity was $1.2 billion[9], with a tangible book value per common share of $40.59[10] - The company's market capitalization was $758 million as of January 21, 2024[10] Capital & Liquidity - The CET1 Ratio was 14.63%, placing it in the top quartile of bank holding companies with $10 billion or more in assets[14] - Tangible Common Equity to Tangible Assets ratio was 11.02%[14] - The company had $4.6 billion in total on-balance sheet liquidity and available borrowing capacity at quarter-end[14] - Uninsured deposits represented 24% of total deposits[14] Asset Quality & Loan Portfolio - The allowance for credit losses to gross loans was 1.44%, and the allowance for credit losses to performing office loans was 3.81%[14] - Total period-end deposits increased by $323 million year-over-year[52] - Other short-term borrowings were $0.5 billion as of December 31, 2024, a 60.5% decrease from the prior quarter-end[59] Performance & Outlook - Net interest margin decreased to 2.29% for the fourth quarter of 2024[43] - Management expects cash flows from the investment portfolio of $386 million in 2025 to be reinvested at higher yields[43] - The company is forecasting a 1-4% average loan growth and a 2-3% effective tax rate for 2025[48]