Eagle Bancorp stock reports Q2 profit as credit losses weigh

Published on 10/04/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Eagle Bancorp stock closed at USD 28.38 on October 2, 2026, while Q2 net income reached USD 6.9 million. Five analysts give an Outperform consensus and USD 31.00 target.

EGBN, US2689481065, Illustration mit AI erstellt.

Eagle Bancorp stock (ISIN US2689481065) closed at USD 28.38 on Nasdaq on October 2, 2026, up 0.60 percent from the prior session. The bank's second-quarter profit came in at USD 6.9 million, or USD 0.23 per diluted share, according to StockTitan on July 22, 2026.

Credit losses cut quarterly profit

The Q2 2026 result was down from USD 14.7 million, or USD 0.48 per share, in Q1 2026. The same filing reported a USD 21.4 million provision for credit losses and USD 47.9 million in net charge-offs, making credit performance the central earnings pressure.

Net interest income reached USD 62.4 million in Q2 2026, while pre-provision net revenue rose to USD 29.1 million from USD 27.7 million in Q1. The net interest margin also improved to 2.52 percent from 2.47 percent, but total loans fell 4.6 percent from March 31, 2026, and deposits declined 4.7 percent, according to StockTitan.

Consensus target stays above market

MarketScreener lists an Outperform consensus from five analysts, with an average target of USD 31.00 against a reference price of USD 28.06 in its September 23, 2026 snapshot. The target lies 10.48 percent above that reference price, according to MarketScreener.

The next earnings date is listed as October 21, 2026 by ToAlpha. That date gives investors a defined checkpoint for whether credit costs and loan trends are improving after the Q2 deterioration.

Stock is 3.11 percent below yearly high

The October 2, 2026 Nasdaq close of USD 28.38 stood 3.11 percent below the 52-week high of USD 29.29 and above the 52-week low of USD 15.03. Trading volume was 208,238 shares, and the market capitalization was USD 865.5 million on the same date.

Nasdaq price and bank scale

Eagle Bancorp stock closed at USD 28.38 on Nasdaq on October 2, 2026, while the company reported Q2 2026 total assets of USD 9.7 billion and total deposits of USD 8.2 billion.