Insider Trader Watch: Eagle Bancorp, Inc. $EGBN

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Eagle Bancorp, Inc. (EGBN) insider have most recently took part in a trading activity. On Dec 4, 2017 Levingston Charles, EVP/CFO bought 271 shares having total worth of $14,954 at the price of $55.18 per share, following the transaction a total of 2,561 shares owned by Levingston Charles.

The stock has experienced a total of 13 insider trades in the past three months. These trades include 13 sell activities .Furthermore, over the past 12 months , the stock was traded 29 times by insiders. In 29 of these trades, the insider was a seller .

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 0 13 -21.34%
12 Month 0 29 -0.99%

Shares of Eagle Bancorp, Inc. (EGBN) traded down 24.49% on Dec 1, 2017, hitting $49.95. 4,884,599 shares of the company’s stock traded hands. Eagle Bancorp, Inc. has a 52 week low of $45.21 and a 52 week high of $68.85. The company’s market cap is $1,650 million.

Eagle Bancorp, Inc. (EGBN) last announced its earnings results on Oct 18, 2017. The company reported 0.87 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.83 by $0.04. The company had revenue of $72 million for the quarter, compared to the consensus estimate of $74 million. During the same quarter in the previous year, the company posted 0.72 earnings per share. The company’s revenue for the quarter was up 11% on a year-over-year basis.

2017-10-18 2017-07-19 2017-04-18 2017-01-18 2016-10-19 2016-07-20 2016-04-20 2016-01-20 2015-10-21 2015-07-22
earnings per share 0.87 0.81 0.78 0.75 0.72 0.71 0.68 0.65 0.63 0.61
Revenue(M) 71.94 69.7 66.89 67.02 64.73 63.82 62.59 69.07 65.18 63.78

Eagle Bancorp Inc was organized in October 1997, to be the holding company for the EagleBank. The Bank provides commercial banking services to its business and professional clients as well as full service consumer banking services to individuals living and working primarily in the Bank’s market area. Its deposit solutions comprise business and personal checking accounts, negotiable order of withdrawal accounts, tiered savings and money market accounts, and time deposits. The company also offers commercial loans, including working capital, equipment purchases, real estate, lines of credit, and government contract financing, as well as asset based lending and accounts receivable financing; real estate loans consisting of construction loan financing; business equipment financing; consumer home equity lines of credit and term loans; consumer installment loans, such as automobile and personal loans, and personal lines of credit; and residential mortgage loans. In addition, it offers commercial and retail insurance products through a referral arrangement; online banking services; remote deposit services; and other services, including cash management services, business sweep accounts, lock boxes, account reconciliation services, merchant card services, safety deposit boxes, automated clearing house origination, After-hours depository and ATM services. The company primarily serves business and professional clients, such as sole proprietorships, small and medium-sized businesses, partnerships, corporations, non-profit organizations and associations, and investors, as well as individuals. As of December 31, 2012, the Bank operated seventeen offices in Montgomery County, Maryland, Columbia, and northern Virginia.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.