Eagle Bancorp Inc (EGBN, Financial) experienced a significant stock price decline, dropping 5.09%. The stock is currently priced at $28.18 per share, with a trading volume of 114,616 shares, a turnover rate of 0.38%, and a price fluctuation of 3.54%.
According to the latest financial report, Eagle Bancorp generated $181 million in revenue and a net profit of $21.82 million, with earnings per share (EPS) of $0.72. The company currently has a negative PE ratio of -20.41. Among the three financial institutions that rated the stock, all have recommended holding, with no recommendations to buy or sell.
The banking industry overall has seen a decline of 1.48%. Within the sector, FinVolution Group, Loandepot, Inc., and M&T Bank showed significant gains. Meanwhile, UWM Holdings Corporation, Grupo Supervielle S.A., and Rocket Companies, Inc. were notably active, with turnover rates of 2.29%, 1.91%, and 1.40%, respectively. Stocks with high price fluctuations include Better Home & Finance Holding, FinVolution Group, and AmeriServ Financial, with amplitudes of 20.43%, 16.36%, and 11.99% respectively.
Eagle Bancorp Inc, a bank holding company through its subsidiary EagleBank, provides a wide range of commercial banking services to business and professional clients, as well as consumer banking services to individuals. These services include commercial loans for various business purposes, equipment purchase financing, real estate credit, government contract financing, asset-based lending, construction and commercial real estate loans, consumer home equity lines of credit, personal credit lines, term loans, consumer loans, personal credit cards, and residential mortgages.
