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EGBN-News
EGBN-Events
EagleBank Appoints Corey Munoz as Chief People Officer
EagleBank announced the appointment of Corey Munoz as executive VP and chief people officer, effective November 16. 2026. Munoz will join EagleBank's executive leadership team and report directly to CEO and president Stephen Curley. Most recently, Munoz served as global VP, people and organization at Mars, Incorporated.
Company Reports Q3 Tangible Book Value Per Share of $38
Reports Q3 tangible book value per share $38. This $17.3M increase in net income is primarily due to an $18.6M lower provision for credit losses, compared to the prior quarter. "This quarter provides tangible evidence of progress in executing on our strategy. Criticized and classified loans declined, net charge-offs moderated significantly, funding costs improved, and total commercial deposits grew sequentially. We also recognize that the increase in nonperforming assets, driven primarily by one significant relationship, means our asset quality work is not complete. We remain focused on resolving problem assets, strengthening relationship-based funding, and translating the capabilities of this franchise into consistent, profitable growth," said Steve Curley, president and CEO of the company.
Eagle Reports Q2 Tangible Book Value Per Share at $37.73
Reports Q2 tangible book value per share $37.73. "Although I joined Eagle recently, it is clear that the organization has made significant progress in strengthening its balance sheet, reducing risk, and positioning the Company for the future. I am excited to work alongside our talented team to build on that momentum. My initial focus is centered on listening to our clients, employees, and shareholders to better understand how we can further strengthen our franchise. Our goal is to develop and execute a disciplined strategy that effectively manages risk, delivers consistent profitability, and creates long-term value for our shareholders," said Steve Curley, president and chief executive officer of the company.
Eagle Bancorp Appoints Stephen Curley as CEO
Eagle Bancorp announced that the board of directors appointed Stephen Curley as president and chief executive officer of Eagle Bancorp and EagleBank, effective July 6. He will also serve as a director on the board commensurate with his start date. At Western Alliance Bank in Phoenix, Arizona, Curley served as chief banking officer for national business lines and division president of Alliance Association Bank. Susan Riel will remain president and chief executive officer through July 5 to support a transition. She will commence service as director of Eagle Bancorp and EagleBank on May 14, if reelected to the board at the upcoming annual meeting. Her retirement was announced in November 2025.
Eagle Reports Q1 Revenue of $76.4M, Beating Expectations
Reports Q1 revenue $76.4M, consensus $69.39M. Reports Q1 tangible book value per share $37.56. Reports Q1 net charge-offs 1.46%. Eagle reported a net income of $14.7M for the first quarter, compared to a net loss of $2.4M for the fourth quarter of 2025. The $17.1M improvement from the prior quarter is primarily due to a $14.7M decrease in noninterest expense related to lower loan disposition expenses, a $10M legal provision that did not reoccur in the first quarter, and a $2.1M lower provision for credit losses. "We are pleased to begin the year with meaningful progress against our near-term strategic priorities, including asset quality improvement, capital accretion through earnings, and continued diversification of our balance sheet across both assets and funding sources." said Susan Riel, president, and CEO of the company.
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