Eagle Bancorp Inc (EGBN) Stock AnalysisEGBNEagle Bancorp Inc

Eagle Bancorp, Inc. is a bank holding company for EagleBank (the Bank). The Bank is a chartered commercial bank. The Company, through the Bank, conducts a full-service community banking business, primarily in Northern Virginia, Suburban Maryland and Washington, D.C. The primary financial services offered by the Bank include real estate, commercial and consumer lending, as well as traditional deposit services. The Bank offers a range of commercial banking services to its business and professional clients, as well as consumer banking services to individuals living and/or working primarily in the Bank’s market area. The Bank’s loan portfolio consists of traditional business and real estate secured loans. The Bank operates twelve branch offices: six in Suburban Maryland; three located in the District of Columbia; and three in Northern Virginia. The Bank also has four lending centers and utilizes various digital capabilities, including remote deposit services and mobile banking services. It operates in the Financials sector (STATE COMMERCIAL BANKS industry).

Eagle Bancorp Inc is currently priced at $28.35, which is below the analyst price target of $30 from Piper Sandler and significantly lower than the $37 target from Hovde Group. However, the stock has shown volatility with a 1-year change of +45.24% and a YTD change of +35.97%. The recent earnings report showed a disappointing EPS of 0.23, which was a 30.3% miss from the estimated 0.33. The RSI is at 56.82, indicating the stock is neither overbought nor oversold, suggesting a hold position for now as it stabilizes after recent fluctuations.

6 analysts cover EGBN: 3 rate it Buy, 3 Hold and 0 Sell. The average price target is 26.00.