At a glance
Eagle Bancorp Inc is worth $1.01B. Revenue fell 3.1% to $299.2M in fiscal 2025, at a loss; over 5 years it has grown 4.0% a year. It pays a 0.12% dividend yield, and returned $298.2M to shareholders in dividends and buybacks over FY2021–FY2025. The stock returned +88.3% over the past year with dividends reinvested and −6.5% a year over five years, against +11.5% and +11.7% for the S&P 500. At its worst it fell 44.5% in the 2020 crash (S&P 500: 33.7%) and 28.2% in the 2022 bear market (S&P 500: 24.5%).
The business in plain English
Eagle Bancorp, based in Bethesda, Maryland, is the parent company of EagleBank, a commercial bank that opened in 1998. According to its 10-K for fiscal 2025, the bank has twelve branches (six in suburban Maryland, three in Washington, D.C., and three in Northern Virginia) plus four lending centers. It presents itself as a local alternative to the giant regional banks that dominate the area, with more personal service. It serves small and mid-sized businesses, non-profits, and people who live or work nearby.
Like most banks, Eagle earns most of its revenue from net interest income. That is the gap between the interest it earns on loans and securities and the interest it pays on deposits and borrowings. In 2025 that was $269.9 million of $299.2 million in total revenue. The other $29.3 million was noninterest income. One example is the gain when it sells the government-guaranteed part of Small Business Administration loans.
Property dominates the loan book. As of December 31, 2025, about 57% of loans were commercial real estate and construction loans on property the borrower does not occupy. Another 23% or so were on property that businesses use themselves. In all, 82% of loans were at least partly secured by real estate. Eagle also makes working-capital and equipment loans to businesses. It does a smaller amount of consumer lending, mostly home equity lines.
Price history
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EGBN +88.3% over the year to Oct 28, 2026, total return with dividends reinvested.
Latest results
- In Q2 FY2026 (ended Jun 30, 2026), revenue was $73.1M, down 1.5% from a year earlier, and net income was $6.9M.
- For fiscal 2025, revenue was $299.2M (-3.1% year over year; -4.0% a year from FY2020 to FY2025) with a -46.1% net margin.
Financial health check
| Revenue growth a year (FY2020–FY2025) | -4.0% weak |
|---|---|
| Return on equity | -12.2% weak |
| Net income / revenue | -46.1% weak |
| Deposits | $8.19B |
| Fiscal year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2020 | $367.3M | $132.2M | — |
| FY2021 | $364.9M | $176.7M | — |
| FY2022 | $356.5M | $140.9M | — |
| FY2023 | $312.1M | $100.5M | — |
| FY2024 | $308.6M | $-47.0M | — |
| FY2025 | $299.2M | $-138.1M | — |
Valuation snapshot
| Market value | $1.01B |
|---|---|
| P/E ratio | — |
| Dividend yield | 0.12% |
Rank among 1514 US companies
Market value at each year end
Eagle Bancorp’s market value went from $2.05B at the end of 2016 to $1.01B on Oct 28, 2026, down 51%; since the end of 2025 it is up 55%.
Show as a table
| Year end | Market value | Change |
|---|---|---|
| Oct 28, 2026 | $1.01B | +54.8% |
| 2025 | $650.6M | -17.2% |
| 2024 | $786.1M | -12.8% |
| 2023 | $902.0M | -35.9% |
| 2022 | $1.41B | -24.5% |
| 2021 | $1.86B | +40.0% |
| 2020 | $1.33B | -18.5% |
| 2019 | $1.63B | -2.4% |
| 2018 | $1.67B | -15.5% |
| 2017 | $1.98B | -3.5% |
| 2016 | $2.05B |
Price behavior
| YTD | 1 yr | 3 yr | 5 yr | 10 yr | |
|---|---|---|---|---|---|
| EGBN price data to Oct 28, 2026 | +54.4% | +88.3% | +22.1% | -6.5% | -1.5% |
Show as a table
| Year | Price data |
|---|---|
| 2026 (to date) | +54.4% |
| 2025 | -15.5% |
| 2024 | -7.8% |
| 2023 | -27.0% |
| 2022 | -21.9% |
| 2021 | +44.5% |
| 2020 | -12.8% |
| 2019 | +0.8% |
| 2018 | -15.9% |
| 2017 | -5.0% |
| 2016 | +20.8% |
| 2015 | +42.1% |
| 2014 | +16.0% |
| 2013 | +68.7% |
| 2012 | +37.4% |
| 2011 | +0.8% |
| 2010 | +37.8% |
| 2009 | +82.1% |
| 2008 | -47.1% |
| 2007 | -29.3% |
| 2006 | -1.3% |
| 2008 financial crisis stocks fell Oct 9, 2007 – Mar 9, 2009 | Lost 56.3% over that stretch · deepest drop along the way 57.8%, back to its old high 12.8 months after the low |
|---|---|
| 2020 COVID crash stocks fell Feb 19, 2020 – Mar 23, 2020 | Lost 42.3% over that stretch · deepest drop along the way 44.5%, back to its old high 9.6 months after the low |
| 2022 bear market stocks fell Jan 3, 2022 – Oct 12, 2022 | Lost 22% over that stretch · deepest drop along the way 28.2%, not recovered by the end of the data |
Insider activity
Form 4 filings from 2025-10-29 to 2026-10-29 (25 read): 0 open-market purchases and 0 sales ($0.00).
Who owns it
Large shareholders (13G filings)
| BlackRock, Inc. | 12.9% | Sep 30, 2025 |
| North Reef Capital Management LP | 5.62% | Jun 30, 2026 |
| T. Rowe Price Investment Management, Inc. | 5.5% | Jun 30, 2026 |
| STATE STREET CORPORATION | 5.4% | Dec 31, 2024 |
| LEHMAN KENNETH R | 5.1% | Jun 27, 2025 |
| Dimensional Fund Advisors LP | 4.2% | Dec 31, 2025 |
ETFs with the most weight in EGBN
| XSVM Invesco S&P SmallCap Value with Momentum ETF | 0.64% |
| RZV Invesco S&P SmallCap 600® Pure Value ETF | 0.41% |
| SVAL iShares US Small Cap Value Factor ETF | 0.39% |
| QABA First Trust NASDAQ ABA Community Bank Index Fund | 0.34% |
| AFSM First Trust Active Factor Small Cap ETF | 0.27% |
| KRE SPDR S&P Regional Banking ETF | 0.25% |
| ISMD Inspire Small/Mid Cap ETF | 0.21% |
| PSCF Invesco S&P SmallCap Financials ETF | 0.19% |
What could go wrong
- Heavy concentration in commercial real estate. About 80% of loans were commercial real estate or construction loans as of December 31, 2025. Falling property values, higher interest rates or weaker rents could raise defaults and losses.
- Office loans hurt by hybrid work. Many of its property loans are backed by office buildings. Hybrid work and flexible schedules have cut demand for office space. That puts pressure on occupancy, rents and values, and some borrowers may struggle to repay.
- Tied to Washington's federal economy. All twelve branches are in the Washington, D.C., area. Government spending cuts, a smaller federal workforce or a government shutdown could hurt local customers and borrowers.
- Loan-loss reserves may prove too small. The allowance for credit losses is money set aside for bad loans, and it rests on estimates that can miss. Additions to it totaled $293.1 million in 2025, contributing to a $138.1 million net loss.
- Large, uninsured deposits can leave quickly. Eagle has a concentration of large depositors. Balances above government (FDIC) insurance limits are more likely to leave. Past outflows pushed it toward costlier funding, such as brokered deposits and borrowings.
- Dividends and capital returns may stay limited. Capital rules can limit dividends and buybacks, and its loan concentrations may require extra capital. Dividends per share fell from $1.80 in 2023 to $0.51 in 2025.
Recent events
- Quarterly results released; Investor presentation or announcement
- Quarterly results released; Investor presentation or announcement
- Executive or board change
- Other company announcement
- Shareholder vote results
- Executive or board change; Investor presentation or announcement
- Quarterly results released; Investor presentation or announcement
- Executive or board change
- Executive or board change
- Quarterly results released; Investor presentation or announcement
For income and retirement investors
Eagle Bancorp's dividend has shrunk sharply. Dividends per share rose from $0.88 in 2020 to $1.80 in 2023. They then fell to $1.07 in 2024 and $0.51 in 2025, years in which the company lost $47.0 million and $138.1 million. The yield was just 0.12% as of October 28, 2026, so the shares provide very little income. There was no streak of dividend increases. Buybacks (the company repurchasing its own shares) totaled $81.8 million from 2021 through 2025, with none in 2024 or 2025. In past downturns the stock fell harder than the broad market. It fell 57.8% in the 2008 crisis (market: 56.3%) and recovered by March 2010. It fell 44.5% in the 2020 COVID crash (market: 42.3%) and recovered by January 2021. Its 28.2% drop in the 2022 bear market (market: 22%) had not been recovered as of October 28, 2026. A single bank stock carries much more risk than a diversified fund.
Questions investors ask
How does Eagle Bancorp make money?
Mostly by lending. Eagle Bancorp owns EagleBank, which takes deposits and lends to businesses, non-profits and consumers around Washington, D.C. In 2025, net interest income was $269.9 million of $299.2 million in total revenue. That is what it earns on loans and securities minus what it pays on deposits and borrowings. The other $29.3 million was noninterest income, such as gains from selling government-guaranteed portions of small-business loans. About 80% of its loans were commercial real estate and construction loans as of December 31, 2025.
Did Eagle Bancorp cut its dividend?
Yes. Dividends per share peaked at $1.80 in 2023, then fell to $1.07 in 2024 and $0.51 in 2025 as the company swung to losses. It still pays a dividend, but the yield was only 0.12% as of October 28, 2026. From 2020 to 2025, regular dividends per share shrank at an average rate of 10.3% a year. The company had no streak of dividend increases.
Why did Eagle Bancorp lose money in 2025?
Mainly because of loan-loss charges. In 2025 Eagle recorded a $293.1 million provision for credit losses, which is money set aside for loans that may not be repaid in full. That was more than its $269.9 million of net interest income. The result was a net loss of $138.1 million, or $4.55 per share. Its 10-K points to office buildings, hurt by hybrid work, as a pressure point in its property loans. Eagle reported net income of $6.9 million for the quarter ended June 30, 2026.
How exposed is Eagle Bancorp to commercial real estate?
Heavily. As of December 31, 2025, commercial real estate and construction loans made up about 80% of its loans. About 57% were on property the borrower does not occupy, such as rental buildings and construction projects. About 23% were on property businesses use themselves. Counting other property-backed loans, 82% were at least partly secured by real estate. The bank typically caps loans at 80% of a property's value. Its 10-K warns that weak office demand could pressure occupancy, rents and values.
How has Eagle Bancorp stock performed?
It has rebounded sharply, but as of October 28, 2026 it was still below its level of five years earlier. The shares rose 54.4% from the start of 2026 through that date, and 88.3% over the prior year. Before that, the stock fell in every calendar year from 2022 through 2025, including 27.0% in 2023. Over five years it was down 29% in total, and over ten years down 14%. Its deepest fall in about 21 years of price history was 72.7%.