|Bid||57.28 x 1000|
|Ask||57.35 x 3100|
|Day's range||56.32 - 57.81|
|52-week range||28.33 - 59.85|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||8.52|
|Earnings date||20 Oct 2021|
|Forward dividend & yield||1.60 (2.76%)|
|Ex-dividend date||20 Oct 2021|
|1y target est||58.75|
It is now my pleasure to hand the conference over to Charles Levingston, Chief Financial Officer. This is Charles Levingston, Chief Financial Officer of Eagle Bancorp. Before we begin the presentation, I would like to remind everyone that some of the comments made during this call may be considered forward-looking statements.
Eagle Bancorp (EGBN) delivered earnings and revenue surprises of 16.24% and -1.50%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
BETHESDA, Md., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company of EagleBank (the “Bank”), today announced net income of $43.6 million for the third quarter of 2021, compared to net income of $41.3 million for the third quarter of 2020, a 5.5% increase. Net income per basic and diluted common share was $1.36 for the third quarter of 2021, compared to $1.28 for the third quarter of 2020. The increase in earnings is largely due to the release