# Eagle Bancorp Q3 2026 Earnings Report

> Eagle Bancorp reports $24.2M Q3 net income with improved credit metrics and reduced reliance on brokered deposits.
- Title: Eagle Bancorp Q3 2026 Earnings Report · The Motley Fool
- Summary: Eagle Bancorp reports $24.2M Q3 net income with improved credit metrics and reduced reliance on brokered deposits. Eagle Bancorp reported $24.2 million net…
- Keywords: eagle bancorp, q3 2026, net income, credit loss, brokered deposits, commercial real estate, commercial and industrial loans, tangible book value, finance, money, Eagle, Bancorp
- Source: The Motley Fool — https://fool.com/earnings/call-transcripts/2026/10/22/eagle-bancorp-egbn-q3-2026-earnings-call-transcript
- Author: Motley Fool Transcribing
- Published: 2026-10-22T16:54:09+00:00
- Read time: 2 min
- Topics: eagle bancorp, q3 2026, net income, credit loss, brokered deposits, commercial real estate, commercial and industrial loans, tangible book value, finance, money
## Net Income
Eagle Bancorp reported $24.2 million net income for Q3 2026, up from $6.9 million in Q2 2026.
## Net Interest Margin
Net interest margin expanded 8 basis points to 2.6%, marking the third consecutive quarterly increase.
## Criticized and Classified Loans
Criticized and classified loans declined $111 million to $648.4 million, a 41% reduction over 12 months.
## Nonperforming Assets
Nonperforming assets increased to $166 million, or 1.8% of total assets, primarily due to a $56 million Maryland affordable multifamily loan.
## Brokered Deposits
Brokered deposits decreased $348 million to $874 million, representing 11% of total deposits.
## C&I Loans
C&I loans grew 19.5% year over year to $1.54 billion, reflecting investments since late 2024.
## Salaries and Benefits
Salaries and benefits increased $4.9 million due to accelerated stock awards, new hires, and annual incentives.
## Tangible Book Value
Tangible book value per share increased to $38.00, up 0.7% from the prior quarter.
## Common Equity Tier 1 Capital
Common equity tier 1 capital ratio rose to 15.0% from 14.58% in Q2 2026.
## Net Interest Income
Net interest income declined $1 million to $61.3 million as margin expansion was offset by a smaller earning asset base.
## Provision for Credit Losses
Provision for credit losses dropped to $2.8 million from $21.4 million in Q2 2026.
## Net Charge-offs
Net charge-offs decreased to $4.2 million, or 25 basis points annualized, from $47.9 million in Q2 2026.
## Noninterest Income
Noninterest income declined $1.2 million to $9.6 million due to absence of loan sale gains.
## Commercial Real Estate Loans
Commercial real estate loans decreased $148 million to $2.59 billion as payoff activity continued.
## Allowance for Credit Losses
Allowance for credit losses remained flat at $128 million, or 1.8% of total loans.
## Past Due Loans
Past due loans for 30 to 89 days fell to $357,000 from $44.1 million at the end of Q2 2026.
## Key takeaway

Eagle Bancorp reported $24.2 million net income for Q3 2026, driven by reduced credit provision expenses and a stronger capital base.