Eagle Bancorp: Q1 Earnings Snapshot

BETHESDA, Md. (AP) _ Eagle Bancorp Inc. (EGBN) on Wednesday reported first-quarter net income of $45.7 million.

The Bethesda, Maryland-based bank said it had earnings of $1.42 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.

The bank holding company posted revenue of $95.8 million in the period. Its revenue net of interest expense was $87.9 million, which...

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BETHESDA, Md. (AP) _ Eagle Bancorp Inc. (EGBN) on Wednesday reported first-quarter net income of $45.7 million.

The Bethesda, Maryland-based bank said it had earnings of $1.42 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.06 per share.

The bank holding company posted revenue of $95.8 million in the period. Its revenue net of interest expense was $87.9 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $86.4 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EGBN at https://www.zacks.com/ap/EGBN

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