Eagle Bancorp Inc. Reports Q4 Profit Decline

Eagle Bancorp Inc. reported a fourth-quarter profit decline of 12% compared to the prior-year period, citing higher provisioning for credit losses and elevated operating expenses. The company posted net income of $12.3 million, down from $13.9 million in Q4 2024. Total assets grew 3.2% year-over-year to $2.1 billion, while total loans increased 4.1% to $1.5 billion. The bank's provision for loan losses rose 18% to $8.7 million during the quarter. Eagle Bancorp shares fell 2.1% in early trading following the earnings report. The company expects continued pressure on net interest margins due to rising funding costs and competitive lending conditions in its primary markets.