Eagle Bancorp (EGBN) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Thu, April 23, 2026 astatine 10:26 AM CDT 30 min read

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Thursday, April 23, 2026 astatine 10 a.m. ET

• President and Chief Executive Officer — Susan G. Riel

• Chief Financial Officer — Eric R. Newell

• Chief Lending Officer, Commercial Real Estate — Ryan A. Riel

Eric Newell: Good morning. This is Eric Newell, Chief Financial Officer of Eagle Bancorp, Inc. Before we statesman the presentation, I would similar to punctual everyone that immoderate of the comments made during this telephone are forward-looking statements. We cannot marque immoderate promises astir aboriginal show and caution you not to spot undue reliance connected these forward-looking statements. Our Form 10-Ks for the fiscal twelvemonth 2025 and existent reports connected Form 8-K, including the net presumption slides, place important factors that could origin the company's existent results to disagree materially from immoderate forward-looking statements made this morning, which talk lone arsenic of today.

Eagle Bancorp, Inc. does not undertake to update immoderate forward-looking statements arsenic a effect of caller information, aboriginal events, oregon developments unless required by law. This morning's commentary volition besides see non-GAAP fiscal information. The net release, which is posted successful the Investor Relations conception of our website and filed with the SEC, contains reconciliations of this accusation to the astir straight comparable GAAP information. Our periodic reports are disposable from the institution online astatine our website, oregon connected the SEC's website. With maine contiguous is our President and CEO, Susan Riel, and our Chief Lending Officer for Commercial Real Estate, Ryan Riel. I volition present crook it implicit to Susan. Thank you.

Susan Riel: Good morning, and convey you for joining america today. We are pleased to statesman 2026 connected way with our near-term strategical priorities: generating superior done earnings, diversifying the equilibrium expanse crossed some assets and funding, and executing connected the repositioning enactment we person been discussing with you implicit the past respective quarters. The archetypal 4th reflected meaningful advancement connected respective fronts. We returned to profitability, expanded nett involvement margin, and delivered beardown C&I growth, a nonstop effect of the deliberate investments we person made crossed the franchise and the disciplined execution of our commercialized team. At the aforesaid time, we are realistic astir wherever we are successful this repositioning.

The gait astatine which bequest exposures resoluteness and scheduled payoffs hap is faster than the gait astatine which we tin prudently make caller earning assets. That asymmetry creates near-term unit connected nett involvement income and a smaller earning plus basal arsenic we enactment toward a higher-quality equilibrium sheet. We are not shrinking the equilibrium expanse due to the fact that deposits are leaving us. In fact, halfway deposits person grown $240 cardinal twelvemonth implicit year. We are making strategical choices connected some sides of the equilibrium expanse that we judge presumption america for stronger, much sustainable, and much durable earnings. We continued to trim reliance connected higher-cost brokered deposits, refining the prime of our backing base.