Eagle Bancorp returns to profit in Q2 FY26; net interest income falls 8% to $62.35 million

Reuters2026/08/06 22:06

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Eagle Bancorp returned to profit in Q2 2026, posting net income of $6.92 million versus a net loss of $69.78 million a year earlier.
Provision for credit losses fell to $21.45 million from $138.16 million, while net interest income slipped 8.01% to $62.35 million.
Net interest margin widened 0.15 percentage points to 2.52%, as cost of funds eased to 2.79% from 3.17%.
Noninterest income rose 67.73% to $10.76 million, driven by $2.29 million of gains on loan sales and a $0.27 million securities gain.
Loans held for investment declined to $6.62 billion from $7.28 billion since year-end, while the ACL fell to $121.14 million from $159.6 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eagle Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001050441-26-000096), on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Eagle Bancorp returns to profit in Q2 FY26; net interest income falls 8% to $62.35 million

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