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Eagle Bancorp Inc (EGBN.OQ)

EGBN.OQ on NASDAQ Stock Exchange Capital Market

51.15USD
24 Aug 2016
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Latest Key Developments (Source: Significant Developments)

Eagle Bancorp announces pricing for notes offering
Friday, 22 Jul 2016 06:00am EDT 

Eagle Bancorp Inc : Eagle bancorp, inc. Announces pricing and upsizing of subordinated notes offering .Sets price for its public offering of $150.0 million of its 5.00% fixed-to-floating rate subordinated notes due 2026.  Full Article

Eagle Bancorp announces subordinated notes offering
Wednesday, 20 Jul 2016 05:32pm EDT 

Eagle Bancorp Inc : Eagle Bancorp Inc announces subordinated notes offering . Says Had Commenced A Public Offering Of $75 Mln Of Its Fixed-To-Floating subordinated notes, due 2026 .Eagle bancorp, inc. Announces subordinated notes offering.  Full Article

Eagle Bancorp quarterly earnings per share $0.71
Wednesday, 20 Jul 2016 04:02pm EDT 

Eagle Bancorp Inc : Eagle bancorp, inc. Announces its 30th consecutive quarter of record earnings with second quarter 2016 net income up 15% over 2015 .Quarterly earnings per share $0.71.  Full Article

Eagle Bancorp Inc announces completion of sale of Indirect Consumer Loan Portfolio
Monday, 27 Jul 2015 06:15am EDT 

Eagle Bancorp Inc:Says that it has completed the sale of its Indirect Consumer Loan portfolio to MainStreet Bank.Says the transaction amounted to about $80 million at July 24, 2015.Says this portfolio was acquired in the merger with Virginia Heritage Bank completed in the fourth quarter of 2014.The sale of this non-strategic loan class will allow the Company to deploy the funds into commercial loans, its core competency, improve its yield on earning assets and reduce operating expenses.Additional information may be obtained in Eagle Bancorp's quarterly earnings release dated July 22, 2015.  Full Article

Eagle Bancorp Inc announces completion of common stock offering
Tuesday, 10 Mar 2015 04:15pm EDT 

Eagle Bancorp Inc:Completes public offering of 2,449,479 shares of its common stock at $35.50 per share.Underwriter had exercised its over-allotment option in full, resulting in the sale of an additional 367,421 shares of common stock.Offering resulted in gross proceeds of about $100.0 mln and net proceeds of about $94.5 mln, after underwriting discounts and estimated expenses of the offering.Sandler O'Neill + Partners, L.P. served as the sole underwriter for the offering.  Full Article

Eagle Bancorp announces pricing and upsizing of common stock offering
Thursday, 5 Mar 2015 10:03am EST 

Eagle Bancorp:Prices its public offering of 2,449,479 shares of its common stock at $35.50 per share.Based upon pricing and demand, the Company elected to increase the aggregate number of shares offered from the previously announced 1.9 mln shares.Offering is expected to result in gross proceeds of about $87.0 mln and net proceeds of about $82.1 mln, after underwriting discounts and estimated expenses of the offering.In the event the underwriter exercises its purchase option to cover over-allotments, the aggregate gross proceeds of the offering will be about $100.0 mln and the aggregate net proceeds of the offering will be about $95.0 mln.Expects to use the net proceeds for general corporate purposes.Sandler O'Neill + Partners, L.P. will serve as sole underwriter for the offering.Company has granted the underwriter a 30-day option to purchase from the Company up to an additional 367,421 shares of the Company's common stock to cover over-allotments, if any.  Full Article

Eagle Bancorp, Inc announces commencement of common stock offering
Monday, 2 Mar 2015 09:19am EST 

Eagle Bancorp, Inc:Commenced public offering of 1.9 million shares of its common stock.Intends to use proceeds from this offering for general corporate purposes.Also for payment of redemption price of $71.9 mln liquidation amount of it's outstanding preferred stock issued pursuant to Small Business Lending Fund Program prior to increase of dividend rate in Jan 2016, support for organic growth, de novo branching, and potential opportunistic acquisitions.Sandler O'Neill + Partners, L.P. will serve as sole underwriter for offering.Intends to grant underwriter 30-day option to purchase from company up to an additional 285,000 shares of common stock to cover over-allotments.  Full Article

Eagle Bancorp Inc completes merger with Virginia Heritage Bank
Monday, 3 Nov 2014 06:00am EST 

Eagle Bancorp Inc:Says acquisition of Virginia Heritage Bank, through merger of Virginia Heritage with and into EagleBank, became effective on Oct. 31.Each share of Virginia Heritage common stock has been converted into 0.6632 shares of Eagle common stock and $7.50 in cash, as result of effectiveness of merger.As result of acquisition, Eagle issued about 4.01 mln shares of Eagle common stock, not including about 402 thousand shares of common stock issuable upon exercise of options to acquire Virginia Heritage common stock, as adjusted in accordance with agreement and plan of reorganization.Aggregate value of transaction, based on Eagle's closing price on Oct. 31 is about $198.6 mln.  Full Article

BRIEF-Eagle Bancorp Montana posts qtrly EPS of $0.32

* Eagle Bancorp Montana earns a record $1.3 million, or $0.32 per diluted share, in 2Q16; increases regular quarterly cash dividend to $0.08 per share and announces stock repurchase plan