Eagle Bancorp (EGBN) reported third-quarter 2026 net income of $24.2 million, or $0.80 per basic share and $0.79 per diluted share, compared with $6.9 million, or $0.23 per share, in the second quarter.
Net interest income was $61.3 million, while provision for credit losses declined to $2.8 million from $21.4 million in the prior quarter. The company declared a $0.01-per-share cash dividend payable Nov. 17 to shareholders of record Nov. 6.
- Net interest margin increased to 2.60% from 2.52% in the prior quarter.
- Noninterest income was $9.6 million, down from $10.8 million.
- Noninterest expense was $47.1 million, up from $44.0 million.
- Total deposits were $8.0 billion at Sept. 30, down $151.1 million sequentially; brokered deposits declined $348.0 million.
- Non-performing assets were $166.0 million, or 1.75% of total assets, compared with $113.1 million, or 1.17%, at June 30.
- Net charge-offs were $4.2 million, compared with $47.9 million in the second quarter.
$EGBN Hedge Fund Activity
We have seen 88 institutional investors add shares of $EGBN stock to their portfolio, and 73 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 1,304,185 shares (+339.2%) to their portfolio in Q2 2026, for an estimated $37,025,812
- NORTH REEF CAPITAL MANAGEMENT LP removed 992,490 shares (-36.7%) from their portfolio in Q2 2026, for an estimated $28,176,791
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 553,706 shares (+inf%) to their portfolio in Q2 2026, for an estimated $15,719,713
- ALLIANCEBERNSTEIN L.P. added 368,537 shares (+40.8%) to their portfolio in Q2 2026, for an estimated $10,462,765
- FOURTHSTONE LLC removed 212,341 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $6,028,360
- JANE STREET GROUP, LLC removed 204,969 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $5,819,069
- BLACKROCK, INC. added 159,061 shares (+3.9%) to their portfolio in Q2 2026, for an estimated $4,515,741
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
