Eagle Bancorp, Inc. (EGBN) Financial Statements (2024 and earlier)

Company Profile

Business Address 7830 OLD GEORGETOWN ROAD
BETHESDA, MD 20814
State of Incorp. MD
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments183,937169,018277,92774,366382,469695,023
Cash and cash equivalents183,937169,018277,92774,366382,469695,023
Total current assets:183,937169,018277,92774,366382,469695,023
Noncurrent Assets
Operating lease, right-of-use asset21,58023,06024,54426,02227,54828,969
Property, plant and equipment11,97912,92913,47513,68413,64314,014
Intangible assets, net (including goodwill), including:104,220104,226104,233104,240104,257104,241
Goodwill   104,168   
Intangible assets, net (excluding goodwill)   65   
Other undisclosed intangible assets, net (including goodwill)104,220104,226 104,240104,257104,241
Deferred income tax assets92,57489,11796,567112,90492,16781,087
Total noncurrent assets:230,353229,332238,819256,850237,615228,311
Other undisclosed assets10,620,45110,690,51710,634,10810,381,82810,321,57110,303,889
TOTAL ASSETS:11,034,74111,088,86711,150,85410,713,04410,941,65511,227,223
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,873,7762,151,6551,010,101536,465306,539178,293
Total current liabilities:1,873,7762,151,6551,010,101536,465306,539178,293
Noncurrent Liabilities
Liabilities, other than long-term debt   13,722   
Qualified affordable housing project investments, commitment   13,722   
Total noncurrent liabilities:   13,722   
Other undisclosed liabilities7,941,1997,695,2548,898,7108,956,8089,382,3969,769,376
Total liabilities:9,814,9759,846,9099,922,5339,493,2739,688,9359,947,669
Equity
Equity, attributable to parent1,219,7661,241,9581,228,3211,219,7711,252,7201,279,554
Common stock296308310318318318
Additional paid in capital370,278397,012412,303442,880440,418437,820
Accumulated other comprehensive loss(191,587)(180,914)(199,507)(210,639)(152,369)(121,724)
Retained earnings1,040,7791,025,5521,015,215987,212964,353963,140
Total equity:1,219,7661,241,9581,228,3211,219,7711,252,7201,279,554
TOTAL LIABILITIES AND EQUITY:11,034,74111,088,86711,150,85410,713,04410,941,65511,227,223

Income Statement (P&L) ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues148,493127,953118,244100,57785,52180,965
Net investment income142,269126,702115,53998,06482,63876,891
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(5,238)(6,164)464(3,022)(495) 
Gross profit:143,255121,789118,70897,55585,02680,965
Operating expenses(6,894)(6,989)(6,960)(6,958)(6,052)(5,505)
Other operating income (expense), net
(Other Expenses)
(3,319)(4,618)19,720(3,148)(26,676)(4,302)
Operating income:133,042110,182131,46887,44952,29871,158
Nonoperating income
(Bank Owned Life Insurance Income)
648655658631632626
Interest and debt expense(84,699)(65,223)(43,530)(27,630)(12,717)(7,869)
Income from continuing operations before equity method investments, income taxes:48,99145,61488,59660,45040,21363,915
Other undisclosed loss from continuing operations before income taxes(12,119)(14,486)(36,282)(11,247)(11,741)(4,224)
Income from continuing operations before income taxes:36,87231,12852,31449,20328,47259,691
Income tax expense(8,180)(6,894)(10,121)(11,906)(12,776)(13,947)
Income from continuing operations:28,69224,23442,19337,29715,69645,744
Income before gain (loss) on sale of properties:37,29715,69645,744
Net income available to common stockholders, diluted:28,69224,23442,19337,29715,69645,744

Comprehensive Income ($ in thousands)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:28,69224,23442,19337,29715,69645,744
Comprehensive income:28,69224,23442,19337,29715,69645,744
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(10,673)18,59311,132(58,270)(30,645)(107,482)
Comprehensive income (loss), net of tax, attributable to parent:18,01942,82753,325(20,973)(14,949)(61,738)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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