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Eagle Bancorp ( (EGBN) ) has issued an update.
On January 21, 2025, Kathy A. Raffa announced she will not seek re-election to Eagle Bancorp’s Board of Directors, though it was not due to any disagreements with the company. Eagle Bancorp reported a decrease in net income for the fourth quarter of 2024, attributed to several factors including lower noninterest income and increased provision expenses. Despite a transformative year with management changes and strategic adjustments, challenges such as asset quality and office portfolio valuation risks remain.
More about Eagle Bancorp
Eagle Bancorp, Inc., based in Bethesda, is the holding company for EagleBank, a prominent community bank in the Washington D.C. area.
YTD Price Performance: -0.59%
Average Trading Volume: 255,484
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $758.1M
See more data about EGBN stock on TipRanks’ Stock Analysis page.
