Catherine Mealor

Justin Crowley

Christopher Marinac

Brett Steiner

Nick Grant

- Eagle Bancorp, Inc. reported a **net loss of $67.5 million, or $2.22 per share**, for Q3 2025, compared to a $69.8 million loss, or $2.30 per share, in the prior quarter.  **[0001050441_2201202_3]** 
- The company recorded a **$113.2 million provision for credit losses**, primarily related to its office portfolio, and moved **$121 million of criticized office loans to held-for-sale status**.  **[0001050441_2201202_2]** **[0001050441_2201202_1]**  Total criticized and classified office loans declined to **$113.1 million** at September 30, 2025.  **[0001050441_2201202_2]** 
- An independent credit evaluation concluded potential commercial loan losses of **$257 million** under a baseline scenario as of July 31, 2025, with management asserting they are **adequately reserved** and believe the bulk of loss recognition is behind them.  **[0001050441_2201202_3]** **[0001050441_2201202_4]** 
- The company's capital position remains strong, with **tangible common equity to tangible assets at 10.39%** and **$5.3 billion in available liquidity**.  **[0001050441_2201202_3]**  Broker deposits were reduced by **$534 million** year to date.  **[0001050441_2201202_3]** 
- The Chief Credit Officer, Kevin Geoghegan, voluntarily resigned effective December 31, 2025, with interim replacements appointed.  **[0001050441_2201202_5]**  The company anticipates **manageable provisions and improved earnings in 2026**.  **[0001050441_2201202_5]**

Eagle Bancorp, Inc. Reports Q3 2025 Net Loss Amidst Credit Cleanup Efforts

- Eagle Bancorp Inc. reported a **net loss of $67.5 million, or $2.22 per share**, for Q3 2025, while its Net Interest Margin (NIM) expanded **six basis points to 2.43%** and Net Interest Income (NII) grew to **$68.2 million**.  **[0001050441_2201296_3]** 
- The company made significant progress in addressing asset quality, reducing criticized office loans from $302 million at March 31 to **$113.1 million at September 30**, and moving **$121 million of criticized office loans to held-for-sale status** in the quarter.  **[0001050441_2201296_1]** **[0001050441_2201296_2]** 
- An independent credit review validated the adequacy of current provisioning, concluding total potential commercial loan losses of **$257 million** under a baseline scenario as of July 31, with management stating that the bulk of loss recognition is behind them.  **[0001050441_2201296_1]** **[0001050441_2201296_3]** **[0001050441_2201296_4]** 
- Despite an increase in total criticized and classified loans to **$958 million** (driven by a **$204 million rise in multifamily loans**), the company's capital position remains strong, with tangible common equity to tangible assets at **10.39%**, Tier 1 leverage ratio at **10.4%**, and CET1 at **13.58%**.  **[0001050441_2201296_2]** **[0001050441_2201296_3]** 
- For 2026, management forecasts **net interest income to grow**, provisions to be manageable, and earnings to improve, expecting criticized and classified loans to decline.  **[0001050441_2201296_4]** **[0001050441_2201296_5]** **[0001050441_2201296_7]**  Kevin Geoghegan, Chief Credit Officer, voluntarily resigned effective December 31, with interim replacements appointed.  **[0001050441_2201296_5]**

EAGLE BANCORP (EGBN)