# EDGAR Filing Document

**Accession Number:** 0001050441
**File Stem:** 0001050441-25-000102
**Filing Date:** 2025-7
**Character Count:** 76525
**Document Hash:** 8f5054137cce2fb1fba577b8fff40002
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001050441-25-000102.hdr.sgml**: 20250723

**ACCESSION NUMBER**: 0001050441-25-000102

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 66

**CONFORMED PERIOD OF REPORT**: 20250723

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250723

**DATE AS OF CHANGE**: 20250723

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** EAGLE BANCORP INC
- **CENTRAL INDEX KEY:** 0001050441
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 522061461
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-25923
- **FILM NUMBER:** 251143534

**BUSINESS ADDRESS:**
- **STREET 1:** 7830 OLD GEORGETOWN ROAD
- **STREET 2:** 3RD FLOOR
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814
- **BUSINESS PHONE:** 240-497-2075

**MAIL ADDRESS:**
- **STREET 1:** 7830 OLD GEORGETOWN ROAD
- **STREET 2:** 3RD FLOOR
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814

?xml version='1.0' encoding='ASCII'? gnw-20250723

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d)**

**of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): July 23, 2025**

**EAGLE BANCORP, INC.**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Maryland** | **0-25923** | **52-2061461** |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |

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**7830 Old Georgetown Road, Third Floor** 

**Bethesda, Maryland 20814** 

(Address of Principal Executive Offices) (Zip Code)

**(301) 986-1800** 

(Registrant's telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| Common Stock, $0.01 par value | EGBN | The Nasdaq Stock Market LLC |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company,indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 2.02. Results of Operations and Financial Condition.**

On July 23, 2025, Eagle Bancorp, Inc. (the "Company") issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

**Item 7.01. Regulation FD Disclosure.**

Attached as Exhibit 99.2 to this report is the presentation for the Company's earnings conference call on July 24, 2025, which also may be used in connection with potential meetings with investors and/or analysts. The Company does not undertake to update the information contained in the attached presentation materials.

The information contained in this Current Report on Form 8-K that is furnished under Items 2.02 and 7.01, including the accompanying Exhibits 99.1 and 99.2, is being furnished pursuant to Items 2.02 and 7.01 of Form 8-K and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section. The information contained in this Current Report on Form 8-K that is furnished under Items 2.02 and 7.01, including the accompanying Exhibits 99.1 and 99.2, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference in such a filing.

**Item 9.01. Financial Statements and Exhibits.**

(d) Exhibits.

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| | |
|:---|:---|
| **<u>Exhibit Number</u>** | **<u>Description</u>** |
| <u>[99.1](erq2-2025xearningsreleas.htm)</u> | Press Release dated July 23, 2025 |
| <u>[99.2](a2025egbnearningsdeck6-3.htm)</u> | Earnings Presentation |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | **EAGLE BANCORP, INC.** | **EAGLE BANCORP, INC.** |
| Date: July 23, 2025 | By: | <u>/s/ Eric R. Newell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> |
|  |  | Eric R. Newell |
|  |  | Senior Executive Vice President, Chief Financial Officer |

---

## Exhibit 99.1

![](erq2-2025xearningsreleas001.jpg)

PRESS RELEASE FOR EAGLE BANCORP, INC. IMMEDIATE RELEASE CONTACT: Eric R. Newell July 23, 2025 240.497.1796 EAGLE BANCORP, INC. ANNOUNCES SECOND QUARTER 2025 RESULTS AND CASH DIVIDEND BETHESDA, MD, Eagle Bancorp, Inc. ("Eagle", the "Company") (NASDAQ: EGBN), the Bethesda- based holding company for EagleBank, one of the largest community banks in the Washington D.C. area, reported its unaudited results for the second quarter ended June 30, 2025. Eagle reported a net loss of $69.8 million or $2.30 per share for the second quarter 2025, compared to net income of $1.7 million or $0.06 per diluted share during the first quarter. The $71.5 million decrease in net income from the prior quarter is primarily due to a $111.9 million increase in provision expense. In the quarter, net interest income increased $2.1 million, noninterest income decreased $1.8 million, and noninterest expenses decreased $2.0 million. Pre-provision net revenue ("PPNR")1 in the second quarter was $30.7 million compared to $28.4 million for the prior quarter reflecting expansion of the net interest margin. "Our core profitability improvement this quarter, evident in the growth of pre-provision net revenue, expansion of core deposits, and reduced reliance on wholesale and brokered funding, reflects our disciplined execution of our strategic plan," said Susan G. Riel, Chair, President, and Chief Executive Officer of the Company. "We continue to work on building a stronger balance sheet that will contribute to long-term, sustainable performance." Our second quarter reflects the execution of our previously communicated strategy to resolve challenged loans and address related valuation pressures in the office portfolio. "This quarter's credit costs reflect decisive actions we are taking to address risk in our loan portfolio. While the charge is significant, it is aligned with our ongoing strategy and reflects our judgement to remediate credit exposures thoughtfully and deliberately. We view this quarter's loss as a necessary and measured outcome of our risk remediation strategy. The resulting impact of these decisions is difficult, yet represents necessary steps in our objective to drive long-term value creation for shareholders," added Ms. Riel. Eric R. Newell, Chief Financial Officer of the Company said, "This quarter, the credit loss reserve coverage rose to 2.38% of total loans, up 75 basis points from last quarter. This reserve build reflects our ongoing and continued proactive approach to address credit risk in our loan portfolio and our expectation that remediation activity will continue over the coming quarters. Our capital position remains strong, with common equity tier one capital at 14.0% and our tangible common equity1 ratio exceeding 10%. We will 1 1 A reconciliation of non-GAAP financial measures and the nearest GAAP measures is provided in the GAAP Reconciliation to Non-GAAP Financial Measures tables that accompany this document.

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continue to evaluate capital allocation decisions, in alignment with our objectives of maintaining long- term franchise value." Additionally, the Company is announcing today a cash dividend in the amount of $0.165 per share. The cash dividend will be payable on August 29, 2025 to shareholders of record on August 8, 2025. Second Quarter of 2025 Key Elements • The Company announces today the declaration of a common stock dividend of $0.165 per share. • The ACL as a percentage of total loans was 2.38% at quarter-end; up from 1.63% at the prior quarter-end. Performing office coverage2 was 11.54% at quarter-end; as compared to 5.78% at the prior quarter-end. • Nonperforming assets increased by $26.0 million to $228.9 million as of June 30, 2025, representing 2.16% of total assets, compared to 1.79% as of March 31, 2025. During the quarter, nonperforming loan inflows totaled $222.8 million, primarily driven by office and land properties, including a $33.6 million data center loan backed by office collateral and a $9.1 million life sciences office loan. Reductions of $182.8 million reflected charge-offs, loans moved to held for sale, and restructuring activity. • Substandard and special mention loans totaled $875.4 million at June 30, 2025, compared to $774.9 million in the prior quarter. • Annualized quarterly net charge-offs for the second quarter were 4.22% compared to 0.57% for the first quarter of 2025. • The net interest margin ("NIM") increased to 2.37% for the second quarter of 2025, compared to 2.28% for the prior quarter, primarily driven by the paydown of average borrowings and reduced funding costs on money market accounts and other borrowings. • At quarter-end, the common equity ratio, tangible common equity ratio1, and common equity tier 1 capital (to risk-weighted assets) ratio were 11.18%, 11.18%, and 14.01%, respectively. • Total estimated insured deposits remained stable at quarter-end to $6.8 billion, representing 75.0% of deposits, compared to $6.9 billion, or 74.7% in the prior quarter. • Total on-balance sheet liquidity and available capacity was $4.8 billion, compared to $2.3 billion in uninsured deposits, resulting in a coverage ratio of over 200%. Income Statement • Net interest income was $67.8 million for the second quarter of 2025, compared to $65.6 million for the prior quarter. The increase in net interest income for the quarter was primarily driven by lower funding costs on savings and money market accounts, a reduction in average short-term borrowings, and the benefit of one additional day in the quarter. These benefits were partially offset by lower yields on loans and a higher mix of time deposits. Both interest income and interest expense declined during the quarter, reflecting the impact of lower market rates. • Provision for credit losses was $138.2 million for the second quarter of 2025, compared to $26.3 million for the prior quarter. The increase was primarily driven by higher office-related reserves and expected exit strategies. Net charge-offs totaled $83.9 million, up from $11.2 million in the first quarter. The reserve for unfunded commitments totaled $1.8 million, driven primarily by 2 1 A reconciliation of non-GAAP financial measures and the nearest GAAP measures is provided in the GAAP Reconciliation to Non-GAAP Financial Measures tables that accompany this document. 2 Calculated as the ACL attributable to loans collateralized by performing office properties as a percentage of total loans.

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higher unfunded commitments in our commercial and industrial portfolio. This compared to a reversal for unfunded commitments in the prior quarter of $0.3 million. • Noninterest income was $6.4 million for the second quarter of 2025, compared to $8.2 million for the prior quarter. The primary driver for the decrease was a $1.9 million loss on a trade executed to reposition the investment portfolio into higher-yielding assets. • Noninterest expense was $43.5 million for the second quarter of 2025, compared to $45.5 million for the prior quarter. The decrease over the comparative quarter was primarily due to decreased legal, accounting, and professional fees. Loans and Funding • Total loans were $7.7 billion at June 30, 2025, down 2.8% from the prior quarter-end. The decrease in total loans was primarily driven by declines in income-producing real estate loans, partially offset by an increase in commercial and industrial loans. • Total deposits at quarter-end were $9.1 billion, down $157.7 million, or 1.7%, from the prior quarter-end. The decrease was primarily driven by lower balances in brokered savings and money market accounts. Period end deposits have increased $852.3 million when compared to the prior year comparable period end of June 30, 2024. • Other short-term borrowings were $50.0 million at June 30, 2025, representing an 89.8% decrease from the prior quarter-end. The decline was driven by the pay down of FHLB borrowings, funded by cash and core deposit growth. Asset Quality • Allowance for credit losses was 2.38% of total loans held for investment at June 30, 2025, compared to 1.63% at the prior quarter-end. Performing office coverage was 11.54% at quarter- end; as compared to 5.78% at the prior quarter-end. • Net charge-offs were $83.9 million for the quarter compared to $11.2 million in the first quarter of 2025. • Nonperforming assets were $228.9 million at June 30, 2025. ◦ NPAs as a percentage of assets were 2.16% at June 30, 2025, compared to 1.79% at the prior quarter-end. At June 30, 2025, other real estate owned consisted of five properties with an aggregate carrying value of $2.5 million. ◦ Loans 30-89 days past due were $34.7 million at June 30, 2025, compared to $83.0 million at the prior quarter-end. Capital • Total shareholders' equity was $1.2 billion at June 30, 2025, down 4.8% from the prior quarter- end. The decrease in shareholders' equity of $59.8 million was primarily due to quarterly losses that reduced capital. This was partially offset by an increase in the fair market value of the available-for-sale investment portfolio. 3

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• Book value per share and tangible book value per share3 were $39.03 and $39.03, down 4.8% from the prior quarter-end. Additional financial information: The financial information that follows provides more detail on the Company's financial performance for the three months ended June 30, 2025 as compared to the three months ended March 31, 2025 and June 30, 2024, as well as eight quarters of trend data. Persons wishing additional information should refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and other reports filed with the SEC. About Eagle Bancorp: The Company is the holding company for EagleBank, which commenced operations in 1998. The Bank is headquartered in Bethesda, Maryland, and operates through twelve banking offices and four lending offices located in Suburban Maryland, Washington, D.C. and Northern Virginia. The Company focuses on building relationships with businesses, professionals and individuals in its marketplace, and is committed to a culture of respect, opportunity, belonging, and inclusion in both its workplace and the communities in which it operates. Conference call: Eagle Bancorp will host a conference call to discuss its second quarter of 2025 financial results on Thursday, July 24, 2025 at 10:00 a.m. Eastern Time. The listen-only webcast can be accessed at: • https://edge.media-server.com/mmc/p/yiqohzt3/ • For analysts who wish to participate in the conference call, please register at the following URL: https://register-conf.media-server.com/register/BI6d1c218e6b0143a6903a372200e40cc7 • A replay of the conference call will be available on the Company's website through Thursday, August 7, 2025: https://www.eaglebankcorp.com/ Forward-looking statements: This press release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. In some cases, forward-looking statements can be identified by use of words such as "may," "will," "can," "anticipates," "believes," "expects," "plans," "strategy," "estimates," "potential," "continue," "should," "could," "strive," "feel" and similar words or phrases. These statements are based upon current and anticipated economic conditions, nationally and in the Company's market (including reductions in the size of the federal government workforce; changes in government spending; the proposal, announcement or imposition of tariffs; volatility in interest rates and interest rate policy; inflation levels; competitive factors) and other conditions (such as the impact of bank failures or adverse developments at other banks and related negative press about the banking industry in general on investor and depositor sentiment regarding the stability and liquidity of banks), which by their nature are not susceptible to accurate forecast and are subject to significant uncertainty. Because of these uncertainties and the assumptions on which this discussion and the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein. For details on factors that could affect these expectations, see the risk factors and other cautionary language included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024 and in other periodic and current reports filed with the SEC, including the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. Readers are cautioned against placing undue reliance on any such forward- looking statements. The Company's past results are not necessarily indicative of future performance, and nothing contained herein is meant to or should be considered and treated as earnings guidance of future 4 3 A reconciliation of non-GAAP financial measures and the nearest GAAP measures is provided in the GAAP Reconciliation to Non-GAAP Financial Measures tables that accompany this document.

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quarters' performance projections. All information is as of the date of this press release. Any forward- looking statements made by or on behalf of the Company speak only as to the date they are made. Except to the extent required by applicable law or regulation, the Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason. 5

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![](erq2-2025xearningsreleas006.jpg)

Eagle Bancorp, Inc. Consolidated Statements of Operations (Unaudited) (Dollars in thousands, except per share data) Three Months Ended June 30, March 31, June 30, 2025 2025 2024 Interest Income Interest and fees on loans $125,223 $126,136 $137,616 Interest and dividends on investment securities 11,436 11,912 12,405 Interest on balances with other banks and short-term investments 14,760 15,803 19,568 Interest on federal funds sold 24 27 142 Total interest income 151,443 153,878 169,731 Interest Expense Interest on deposits 78,912 77,211 76,846 Interest on customer repurchase agreements 250 260 330 Interest on other short-term borrowings 2,489 8,733 21,202 Interest on long-term borrowings 2,016 2,025 — Total interest expense 83,667 88,229 98,378 Net Interest Income 67,776 65,649 119,910 Provision for Credit Losses 138,159 26,255 8,959 Provision (Reversal) for Credit Losses for Unfunded Commitments 1,759 (297) 608 Net Interest Income After Provision for Credit Losses (72,142) 39,691 110,343 Noninterest Income Service charges on deposits 1,771 1,743 1,653 Gain on sale of loans — — 37 Net gain on sale of investment securities (1,854) 4 3 Increase in cash surrender value of bank-owned life insurance 5,161 4,282 709 Other income 1,336 2,178 2,930 Total noninterest income 6,414 8,207 5,332 Noninterest Expense Salaries and employee benefits 21,940 21,968 21,770 Premises and equipment expenses 3,019 3,203 2,894 Marketing and advertising 1,144 1,371 1,662 Data processing 4,293 3,978 3,495 Legal, accounting and professional fees 1,550 3,122 2,705 FDIC insurance 8,077 8,962 5,917 Goodwill impairment — — 104,168 Other expenses 3,447 2,847 3,880 Total noninterest expense 43,470 45,451 146,491 Income (Loss) Before Income Tax Expense (109,198) 2,447 (79,373) Income Tax Expense (39,423) 772 4,429 Net (Loss) Income $(69,775) $1,675 $(83,802) (Loss) Earnings Per Common Share Basic $(2.30) $0.06 $(2.78) Diluted $(2.30) $0.06 $(2.78) 6

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![](erq2-2025xearningsreleas007.jpg)

Eagle Bancorp, Inc. Consolidated Balance Sheets (Unaudited) (Dollars in thousands, except per share data) June 30, March 31, June 30, 2025 2025 2024 Assets Cash and due from banks $14,005 $12,516 $10,803 Federal funds sold 4,091 2,968 5,802 Interest-bearing deposits with banks and other short-term investments 239,237 661,173 526,228 Investment securities available-for-sale at fair value (amortized cost of $1,271,179, $1,330,077, and $1,584,435 respectively, and allowance for credit losses of $—, $—, and $17, respectively) 1,170,489 1,214,237 1,420,618 Investment securities held-to-maturity at amortized cost, net of allowance for credit losses of $1,229, $1,275, and $2,012 respectively (fair value of $799,136, $820,530, and $856,275 respectively) 896,855 924,473 982,955 Federal Reserve and Federal Home Loan Bank stock 30,613 51,467 54,274 Loans held for sale 37,576 15,251 5,000 Loans 7,721,664 7,943,306 8,001,739 Less: allowance for credit losses (183,796) (129,469) (106,301) Loans, net 7,537,868 7,813,837 7,895,438 Premises and equipment, net 7,103 7,079 8,788 Operating lease right-of-use assets 31,202 32,769 16,250 Deferred income taxes 80,731 84,798 86,236 Bank-owned life insurance 325,174 320,055 114,333 Intangible assets, net 9 11 129 Other real estate owned 2,459 2,459 773 Other assets 223,919 174,268 174,396 Total Assets 10,601,331 11,317,361 11,302,023 Liabilities and Shareholders' Equity Liabilities Deposits: Noninterest-bearing demand 1,532,132 1,607,826 1,693,955 Interest-bearing transaction 895,604 926,722 1,123,980 Savings and money market 3,267,630 3,558,919 3,165,314 Time deposits 3,424,241 3,183,801 2,284,099 Total deposits 9,119,607 9,277,268 8,267,348 Customer repurchase agreements 23,442 32,357 39,220 Other short-term borrowings 50,000 490,000 1,659,979 Long-term borrowings 76,264 76,181 — Operating lease liabilities 37,297 38,484 20,016 Reserve for unfunded commitments 4,925 3,166 6,653 Other liabilities 104,729 155,014 139,348 Total Liabilities 9,416,264 10,072,470 10,132,564 Shareholders' Equity Common stock, par value $0.01 per share; shares authorized 100,000,000, shares issued and outstanding 30,364,983, 30,368,843, and 30,180,482 respectively 300 300 297 Additional paid-in capital 388,927 386,535 380,142 Retained earnings 904,205 978,995 949,863 Accumulated other comprehensive loss (108,365) (120,939) (160,843) 7

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![](erq2-2025xearningsreleas008.jpg)

Total Shareholders' Equity 1,185,067 1,244,891 1,169,459 Total Liabilities and Shareholders' Equity $10,601,331 $11,317,361 $11,302,023 8

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![](erq2-2025xearningsreleas009.jpg)

Loan Mix and Asset Quality (Dollars in thousands) June 30, March 31, June 30, 2025 2025 2024 Amount % Amount % Amount % Loan Balances - Period End: Commercial $1,207,512 15 % $1,178,343 15 % $1,238,261 15 % PPP loans 164 — % 226 — % $407 — % Income producing - commercial real estate 3,768,884 48 % 3,967,124 49 % $4,217,525 53 % Owner occupied - commercial real estate 1,365,901 18 % 1,403,668 18 % $1,263,714 16 % Real estate mortgage - residential 45,921 1 % 48,821 1 % $61,338 1 % Construction - commercial and residential 1,211,728 16 % 1,210,788 15 % $1,063,764 13 % Construction - C&I (owner occupied) 69,554 1 % 83,417 1 % $99,526 1 % Home equity 49,224 1 % 50,121 1 % $52,773 1 % Other consumer 2,776 — % 798 — % $4,431 — % Total loans $7,721,664 100 % $7,943,306 100 % $8,001,739 100 % Three Months Ended or As Of June 30, March 31, June 30, 2025 2025 2024 Asset Quality: Nonperforming loans $226,420 $200,447 $98,169 Other real estate owned 2,459 2,459 773 Nonperforming assets $228,879 $202,906 $98,942 Net charge-offs $83,877 $11,230 $2,285 Special mention $173,311 $273,380 $307,906 Substandard $702,128 $501,565 $408,311 9

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Eagle Bancorp, Inc. Consolidated Average Balances, Interest Yields And Rates vs. Prior Quarter (Unaudited) (Dollars in thousands) Three Months Ended June 30, 2025 March 31, 2025 Average Balance Interest Average Yield/Rate Average Balance Interest Average Yield/Rate ASSETS Interest earning assets: Interest-bearing deposits with other banks and other short-term investments $1,375,782 $14,749 4.30 % $1,445,054 $15,803 4.44 % Loans held for sale (1) 15,418 284 7.39 % 169 — — % Loans (1) (2) 7,942,333 124,939 6.31 % 7,933,695 126,136 6.45 % Investment securities available-for-sale (2) 1,233,206 6,491 2.11 % 1,321,954 6,857 2.10 % Investment securities held-to-maturity (2) 918,083 4,945 2.16 % 933,880 5,055 2.20 % Federal funds sold 2,184 24 4.41 % 5,410 27 2.02 % Total interest earning assets 11,487,006 151,432 5.29 % 11,640,162 153,878 5.36 % Total noninterest earning assets 635,125 596,585 Less: allowance for credit losses 133,036 118,557 Total noninterest earning assets 502,089 478,028 TOTAL ASSETS $11,989,095 $12,118,190 LIABILITIES AND SHAREHOLDERS' EQUITY Interest bearing liabilities: Interest-bearing transaction $1,489,056 $9,982 2.69 % $1,368,609 $9,908 2.94 % Savings and money market 3,461,918 29,634 3.43 % 3,682,217 32,389 3.57 % Time deposits 3,367,907 39,296 4.68 % 2,951,111 34,914 4.80 % Total interest bearing deposits 8,318,881 78,912 3.80 % 8,001,937 77,211 3.91 % Customer repurchase agreements 34,387 250 2.92 % 36,572 260 2.88 % Derivative collateral liability 12,710 118 3.72 % — — — % Other short-term borrowings 245,291 2,360 3.86 % 682,222 8,733 5.19 % Long-term borrowings 76,236 2,016 10.61 % 76,146 2,025 10.79 % Total interest bearing liabilities 8,687,505 83,656 3.86 % 8,796,877 88,229 4.07 % Noninterest bearing liabilities: Noninterest bearing demand 1,907,214 1,881,296 Other liabilities 142,124 197,212 Total noninterest bearing liabilities 2,049,338 2,078,508 Shareholders' equity 1,252,252 1,242,805 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $11,989,095 $12,118,190 Net interest income $67,776 $65,649 Net interest spread 1.43 % 1.29 % Net interest margin 2.37 % 2.28 % Cost of funds 3.17 % 3.35 % (1) Loans placed on nonaccrual status are included in average balances. Net loan fees and late charges included in interest income on loans totaled $3.6 million and $3.8 million for the three months ended June 30, 2025 and March 31, 2025, respectively. (2) Interest and fees on loans and investments exclude tax equivalent adjustments. 10

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Eagle Bancorp, Inc. Consolidated Average Balances, Interest Yields And Rates vs. Year Ago Quarter (Unaudited) (Dollars in thousands) Three Months Ended June 30, 2025 2024 Average Balance Interest Average Yield/Rate Average Balance Interest Average Yield/Rate ASSETS Interest earning assets: Interest-bearing deposits with other banks and other short-term investments $1,375,782 $14,749 4.30 % $1,455,007 $19,568 5.41 % Loans held for sale (1) 15,418 284 7.39 % 8,045 100 5.00 % Loans (1) (2) 7,942,333 124,939 6.31 % 8,003,206 137,516 6.91 % Investment securities available-for-sale (2) 1,233,206 6,491 2.11 % 1,478,856 7,048 1.92 % Investment securities held-to-maturity (2) 918,083 4,945 2.16 % 995,274 5,357 2.16 % Federal funds sold 2,184 24 4.41 % 13,058 142 4.37 % Total interest earning assets 11,487,006 151,432 5.29 % 11,953,446 169,731 5.71 % Total noninterest earning assets 635,125 510,725 Less: allowance for credit losses 133,036 102,671 Total noninterest earning assets 502,089 408,054 TOTAL ASSETS $11,989,095 $12,361,500 LIABILITIES AND SHAREHOLDERS' EQUITY Interest bearing liabilities: Interest-bearing transaction $1,489,056 $9,982 2.69 % $1,636,795 $16,100 3.96 % Savings and money market 3,461,918 29,634 3.43 % 3,321,001 33,451 4.05 % Time deposits 3,367,907 39,296 4.68 % 2,215,693 27,295 4.95 % Total interest bearing deposits 8,318,881 78,912 3.80 % 7,173,489 76,846 4.31 % Customer repurchase agreements 34,387 250 2.92 % 38,599 330 3.44 % Derivative collateral liability 12,710 118 3.72 % — — — % Other short-term borrowings 245,291 2,360 3.86 % 1,682,684 21,202 5.07 % Long-term borrowings 76,236 2,016 10.61 % — — — % Total interest bearing liabilities 8,687,505 83,656 3.86 % 8,894,772 98,378 4.45 % Noninterest bearing liabilities: Noninterest bearing demand 1,907,214 2,051,777 Other liabilities 142,124 151,324 Total noninterest bearing liabilities 2,049,338 2,203,101 Shareholders' equity 1,252,252 1,263,627 TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $11,989,095 $12,361,500 Net interest income $67,776 $71,353 Net interest spread 1.43 % 1.26 % Net interest margin 2.37 % 2.40 % Cost of funds 3.17 % 3.61 % (1) Loans placed on nonaccrual status are included in average balances. Net loan fees and late charges included in interest income on loans totaled $3.6 million and $4.8 million for the three months ended June 30, 2025 and 2024, respectively. (2) Interest and fees on loans and investments exclude tax equivalent adjustments. 11

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Eagle Bancorp, Inc. Statements of Operations and Highlights Quarterly Trends (Unaudited) (Dollars in thousands, except per share data) Three Months Ended June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 March 31, 2024 December 31, 2023 September 30, 2023 Income Statements: Total interest income $151,443 $153,878 $168,417 $173,813 $169,731 $175,602 $167,421 $161,149 Total interest expense 83,667 88,229 97,623 101,970 98,378 100,904 94,429 90,430 Net interest income 67,776 65,649 70,794 71,843 71,353 74,698 72,992 70,719 Provision for credit losses 138,159 26,255 12,132 10,094 8,959 35,175 14,490 5,644 Provision (reversal) for credit losses for unfunded commitments 1,759 (297) (1,598) (1,593) 608 456 (594) (839) Net interest income after provision for credit losses (72,142) 39,691 60,260 63,342 61,786 39,067 59,096 65,914 Noninterest income before investment gain 8,268 8,203 4,063 6,948 5,329 3,585 2,891 6,342 Net gain on sale of investment securities (1,854) 4 4 3 3 4 3 5 Total noninterest income 6,414 8,207 4,067 6,951 5,332 3,589 2,894 6,347 Salaries and employee benefits 21,940 21,968 22,597 21,675 21,770 21,726 18,416 21,549 Premises and equipment expenses 3,019 3,203 2,635 2,794 2,894 3,059 2,967 3,095 Marketing and advertising 1,144 1,371 1,340 1,588 1,662 859 1,071 768 Goodwill impairment — — — — 104,168 — — — Other expenses 17,367 18,909 17,960 17,557 15,997 14,353 14,644 12,221 Total noninterest expense 43,470 45,451 44,532 43,614 146,491 39,997 37,098 37,633 (Loss) income before income tax expense (109,198) 2,447 19,795 26,679 (79,373) 2,659 24,892 34,628 Income tax expense (39,423) 772 4,505 4,864 4,429 2,997 4,667 7,245 Net (loss) income (69,775) 1,675 15,290 21,815 (83,802) (338) 20,225 27,383 Per Share Data: (Loss) earnings per weighted average common share, basic $(2.30) $0.06 $0.51 $0.72 $(2.78) $(0.01) $0.68 $0.91 (Loss) earnings per weighted average common share, diluted $(2.30) $0.06 $0.50 $0.72 $(2.78) $(0.01) $0.67 $0.91 Weighted average common shares outstanding, basic 30,373,167 30,275,001 30,199,433 30,173,852 30,185,609 30,068,173 29,925,557 29,910,218 Weighted average common shares outstanding, diluted 30,510,847 30,404,262 30,321,644 30,241,699 30,185,609 30,068,173 29,966,962 29,944,692 Actual shares outstanding at period end 30,364,983 30,368,843 30,202,003 30,173,200 30,180,482 30,185,732 29,925,612 29,917,982 Book value per common share at period end $39.03 $40.99 $40.60 $40.61 $38.75 $41.72 $42.58 $40.64 Tangible book value per common share at period end (1) $39.03 $40.99 $40.59 $40.61 $38.74 $38.26 $39.08 $37.12 Dividend per common share $0.165 $0.165 $— $0.165 $0.45 $0.45 $0.45 $0.45 Performance Ratios (annualized): Return on average assets (2.33) % 0.06 % 0.48 % 0.70 % (2.73) % (0.01) % 0.65 % 0.91 % Return on average common equity (22.35) % 0.55 % 4.94 % 7.22 % (26.67) % (0.11) % 6.48 % 8.80 % Return on average tangible common equity (1) (22.35) % 0.55 % 4.94 % 7.22 % (28.96) % (0.11) % 7.08 % 9.61 % Net interest margin 2.37 % 2.28 % 2.29 % 2.37 % 2.40 % 2.43 % 2.45 % 2.43 % Efficiency ratio (1)(2) 58.60 % 61.50 % 59.50 % 55.40 % 191.00 % 51.10 % 48.90 % 48.83 % Other Ratios: Allowance for credit losses to total loans (3) 2.38 % 1.63 % 1.44 % 1.40 % 1.33 % 1.25 % 1.08 % 1.05 % Allowance for credit losses to total nonperforming loans 81.17 % 64.59 % 54.81 % 83.25 % 110.06 % 108.76 % 131.16 % 118.78 % Nonperforming assets to total assets 2.16 % 1.79 % 1.90 % 1.22 % 0.88 % 0.79 % 0.57 % 0.64 % Net charge-offs (recoveries) (annualized) to average total loans (3) 4.22 % 0.57 % 0.48 % 0.26 % 0.11 % 1.07 % 0.60 % 0.02 % Tier 1 capital (to average assets) 10.63 % 11.11 % 10.74 % 10.77 % 10.58 % 10.26 % 10.73 % 10.96 % Total capital (to risk weighted assets) 15.27 % 15.86 % 15.86 % 15.51 % 15.07 % 14.87 % 14.79 % 14.54 % Common equity tier 1 capital (to risk weighted assets) 14.01 % 14.61 % 14.63 % 14.30 % 13.92 % 13.80 % 13.90 % 13.68 % Tangible common equity ratio (1) 11.18 % 11.00 % 11.02 % 10.86 % 10.35 % 10.03 % 10.12 % 10.04 % Average Balances (in thousands): Total assets $11,989,095 $12,118,190 $12,575,722 $12,360,899 $12,361,500 $12,784,470 $12,283,303 $11,942,905 Total earning assets $11,487,006 $11,640,162 $12,303,940 $12,072,891 $11,953,446 $12,365,497 $11,837,722 $11,532,186 Total loans (2) $7,942,333 $7,933,695 $7,971,907 $8,026,524 $8,003,206 $7,988,941 $7,963,074 $7,795,144 Total deposits $10,226,095 $9,883,233 $10,056,463 $9,344,414 $9,225,266 $9,501,661 $9,471,369 $8,946,641 Total borrowings $355,914 $794,940 $1,118,276 $1,654,736 $1,721,283 $1,832,947 $1,401,917 $1,646,179 Total shareholders' equity $1,252,252 $1,242,805 $1,230,573 $1,201,477 $1,263,627 $1,289,656 $1,238,763 $1,235,162 (1) A reconciliation of non-GAAP financial measures to the nearest GAAP measure is provided in the tables that accompany this document. (2) Computed by dividing noninterest expense by the sum of net interest income and noninterest income. (3) Excludes loans held for sale. 12

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&nbsp;&nbsp;&nbsp;&nbsp;GAAP Reconciliation to Non-GAAP Financial Measures (unaudited) (dollars in thousands, except per share data) June 30, March 31, June 30, 2025 2025 2024 Tangible common equity Common shareholders' equity $1,185,067 $1,244,891 $1,169,459 Less: Intangible assets (9) (11) (129) Tangible common equity $1,185,058 $1,244,880 $1,169,330 Tangible common equity ratio Total assets $10,601,331 $11,317,361 $11,302,023 Less: Intangible assets (9) (11) (129) Tangible assets $10,601,322 $11,317,350 $11,301,894 Tangible common equity ratio 11.18 % 11.00 % 10.35 % Per share calculations Book value per common share $39.03 $40.99 $38.75 Less: Intangible book value per common share $— $— $(0.01) Tangible book value per common share $39.03 $40.99 $38.74 Shares outstanding at period end 30,364,983 30,368,843 30,180,482 13

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Three Months Ended June 30, March 31, June 30, 2025 2025 2024 Average tangible common equity Average common shareholders' equity $1,252,252 $1,242,805 $1,263,627 Less: Average intangible assets (11) (14) (99,827) Average tangible common equity $1,252,241 $1,242,791 $1,163,800 Return on average tangible common equity Net (loss) income $(69,775) $1,675 $(83,802) Return on average tangible common equity (22.35) % 0.55 % (28.96) % Net (loss) income $(69,775) $1,675 $(83,802) Add back of goodwill impairment — — 104,168 Operating net (loss) income (Non-GAAP) $(69,775) $1,675 $20,366 Operating Return on average tangible common equity (Non-GAAP) (22.35) % 0.55 % 7.04 % Efficiency ratio Net interest income $67,776 $65,649 $71,353 Noninterest income 6,414 8,207 5,332 Operating revenue $74,190 $73,856 $76,685 Noninterest expense $43,470 $45,451 $146,491 Add back of goodwill impairment — (104,168) Operating Noninterest expense (Non-GAAP) 43,470 45,451 42,323 Efficiency ratio 58.59 % 61.54 % 191.03 % Operating Efficiency ratio (Non-GAAP) 58.59 % 61.54 % 55.19 % Pre-provision net revenue Net interest income $67,776 $65,649 $71,353 Noninterest income 6,414 8,207 5,332 Less: Noninterest expense (43,470) (45,451) (146,491) Pre-provision net revenue $30,720 $28,405 $(69,806) Pre-provision net revenue $30,720 $28,405 $(69,806) Add back of goodwill impairment $— $— $104,168 Operating Pre-provision net revenue (Non-GAAP) $30,720 $28,405 $34,362 Tangible common equity, tangible common equity to tangible assets (the "tangible common equity ratio"), tangible book value per common share, average tangible common equity, annualized return on average tangible common equity, and the operating annualized return on average tangible common equity are non-GAAP financial measures derived from GAAP based amounts. The Company calculates the tangible common equity ratio by excluding the balance of intangible assets from common shareholders' equity, or tangible common equity, and dividing by tangible assets. The Company calculates tangible book value per common share by dividing tangible common equity by common shares outstanding, as compared to book value per common share, which the Company calculates by dividing common shareholders' equity by common shares outstanding. The Company calculates the annualized return on average tangible common equity ratio by dividing net income available to common shareholders by average tangible common equity, which is calculated by excluding the average balance of intangible assets from the average common shareholders' equity. The Company calculates the operating annualized return on average tangible common equity ratio by dividing operating net income available to common shareholders, which adds back the 14

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goodwill impairment, by average tangible common equity, which is calculated by excluding the average balance of intangible assets from the average common shareholders' equity. The Company considers this information important to shareholders as the significant impact of the goodwill impairment is a one-time event that obscures the operating performance of the company. Further related to other measures, tangible equity is a measure that is consistent with the calculation of capital for bank regulatory purposes, which excludes intangible assets from the calculation of risk based ratios, and as such is useful for investors, regulators, management and others to evaluate capital adequacy and to compare against other financial institutions. The efficiency ratio is a non-GAAP measure calculated by dividing GAAP noninterest expense by the sum of GAAP net interest income and GAAP noninterest income. The efficiency ratio measures a bank's overhead as a percentage of its revenue. The Company believes that reporting the non-GAAP efficiency ratio more closely measures its effectiveness of controlling operational activities. Further, the operating efficiency ratio is measured by dividing non-GAAP noninterest expense, which excludes the goodwill impairment, by the sum of GAAP net interest income and GAAP noninterest income. The Company considers this information important to shareholders as the significant impact of the goodwill impairment is a one-time event that obscures the operating performance of the company. Pre-provision net revenue is a non-GAAP financial measure calculated by subtracting noninterest expenses from the sum of net interest income and noninterest income. The Company considers this information important to shareholders because it illustrates revenue excluding the impact of provisions and reversals to the allowance for credit losses on loans. Operating pre- provision net revenue is a non-GAAP financial measure calculated by subtracting noninterest expenses with the impact of the goodwill impairment added back from the sum of net interest income and noninterest income. The Company considers this information important to shareholders as the significant impact of the goodwill impairment is a one-time event that obscures the operating performance of the company. June 30, March 31, June 30, 2025 2025 2024 Net (loss) income $(69,775) $1,675 $(83,802) Add back of goodwill impairment — — 104,168 Operating Net (loss) income (Non-GAAP) $(69,775) $1,675 $20,366 (Loss) earnings per share (diluted)4 $(2.30) $0.06 $(2.78) Add back of goodwill impairment per share (diluted) — — 3.45 Operating earnings (loss) per share (diluted) (Non- GAAP) $(2.30) $0.06 $0.67 Operating net (loss) income and operating (loss) earnings per share (diluted) are non-GAAP financial measures derived from GAAP based amounts. The Company calculates operating net (loss) income by excluding from net (loss) income the one-time goodwill impairment of $104.2 million. During the second quarter of 2024, the Company performed an annual impairment test as a result of management's evaluation of current economic conditions, and concluded that goodwill had become impaired, which resulted in an impairment charge of $104.2 million to reduce the carrying value of the Company's goodwill to zero. The Company calculates operating earnings (loss) per share (diluted) by dividing the one-time goodwill impairment of $104.2 million by the weighted average shares outstanding (diluted) for the three and six months ended June 30, 2024. The Company considers this information important to shareholders because operating net (loss) income and operating (loss) earnings per share (diluted) provides investors insight into how Company earnings changed exclusive of the impairment charge to allow investors to better compare the Company's performance against historical periods. The table above provides a reconciliation of operating net income (loss) and operating earnings (loss) per share (diluted) to the nearest GAAP measure. 15 4 For periods ended with a net loss, anti-dilutive financial instruments have been excluded from the calculation of GAAP diluted EPS. Operating diluted EPS calculations include the impact of outstanding equity-based awards for all periods.

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## Exhibit 99.2

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2nd Quarter 2025 Earnings Presentation EagleBankCorp.com July 23, 2025 Scan for digital version

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Forward Looking Statements 2 This presentation contains forward looking statements within the meaning of the Securities and Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies and regarding general economic conditions. In some cases, forward-looking statements can be identified by use of words such as "may," "will," "anticipates," "believes," "expects," "plans," "strategy", "estimates," "potential," "continue," "should," and similar words or phrases. These statements are based upon current and anticipated economic conditions, nationally and in the Company's market, interest rates and interest rate policy, competitive factors and other conditions which by their nature, are not susceptible to accurate forecast and are subject to significant uncertainty. For details on factors that could affect these expectations, see the risk factors and other cautionary language included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and other periodic and current reports filed with the SEC. Because of these uncertainties and the assumptions on which this discussion and the forward-looking statements are based, actual future operations and results in the future may differ materially from those indicated herein. Readers are cautioned against placing undue reliance on any such forward-looking statements. The Company's past results are not necessarily indicative of future performance. The Company does not undertake to publicly revise or update forward-looking statements in this presentation to reflect events or circumstances that arise after the date of this presentation, except as may be required under applicable law. This presentation was delivered digitally. The Company makes no representation that subsequent to delivery of the presentation it was not altered. For more information about the Company, please refer to www.eaglebankcorp.com and go to the Investor Relations tab. Our outlook consists of forward-looking statements that are not historical factors or statements of current conditions but instead represent only our beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside our control. We may be unable to achieve the results reflected in our outlook due to the risks described in our periodic and current reports filed with the SEC, including the risk factors in our Annual Report on Form 10-K for the year ended December 31, 2024 and our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, as well as the following factors: the impact of the interest rate environment on business activity levels; declines in credit quality due to changes in the interest rate environment or changes in general economic, political, social and health conditions in the United States in general and in the local economies in which we conduct operations; our management of risks inherent in our real estate loan portfolio and the risk of a prolonged downturn in the real estate market; our management of liquidity risks; our funding profile, including the cost of our deposits and the impact of our funding costs on the competitiveness of our loan offerings; our ability to compete with other lenders, including non-bank lenders; the effects of monetary, fiscal and trade policies, including federal government spending and the impact of tariffs; and the development of competitive new products and services. For further information on the Company please contact: Eric Newell P 240-497-1796 E enewell@eaglebankcorp.com

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Attractive Washington DC Footprint 3 One-of-a-kind Market The Washington DC metro area represents a robust and diverse economy, supported by a dynamic mix of public and private sector activity. The region's foundation includes globally recognized educational institutions, a thriving private sector with growing technology innovation, and a strong tourism base. Attractive Demographics Household income in our markets is well above the national average and that of all Mid-Atlantic states. Advantageous Competitive Landscape Eagle is one of the largest community banks headquartered in the Washington DC metro area and ranked 3rd by deposits in the DC MSA for banks with less than $100 billion in assets. 1 - Source: FDIC Deposit Market Share Reports - Summary of Deposits

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Eagle at a Glance 4 Total Assets $ billion Total Loans $ billion Total Deposits $ billion Tangible Common Equity $ billion Shares Outstanding (at close June 30, 2025) 30,364,983 Market Capitalization (at close July 22, 2025) $650 million Tangible Book Value per Common Share $39.03 Institutional Ownership 80% Member of Russell 2000 yes Member of S&P SmallCap 600 yes Note: Financial data as of June 30, 2025 unless otherwise noted. 1 - Equity was $1.2 billion and book value was $39.03 per share. Please refer to the Non-GAAP reconciliation in the appendix. 2 - Based on July 22, 2025 closing price of $21.35 per share and June 30, 2025 shares outstanding. 1 1 2

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5 NOTE: Data at or for the quarter ended June 30, 2025 1 - Please refer to the Non-GAAP reconciliation in the appendix. 2 - Includes cash and cash equivalents. • Best-in-Class Capital Levels o CET1 Ratio = 14.01% Top quartile of all bank holding companies with $10 billion in assets or more o TCE / TA¹ = 11.18% o ACL / Gross Loans = 2.38% and ACL / Performing Office Loans = 11.54% • Long-term Strategy to Improve Operating Pre-Provision, Net Revenue ("PPNR") Across All Interest Rate Environments o Continue the growth and diversification of deposits designed to improve funding profile • Disciplined Cost Structure o Our cost structure is designed to minimize inefficiencies, while allowing us to invest in growth and important control functions such as risk management and compliance. o Branch-light, efficient operator. o Operating Noninterest Expense / Average Assets¹ = 1.45% o Operating Efficiency Ratio¹ = 58.6% • Strong Liquidity and Funding Position o Liquidity risk management is central to our strategy. • $4.8 billion in combined on-balance sheet liquidity and available borrowing capacity as of quarter-end, significantly exceeding our $2.3 billion in uninsured deposits and providing a coverage ratio of 200%. • This strong liquidity profile positions Eagle to respond proactively to market shifts and support our strategy to grow C&I lending. o Uninsured deposits only represent 25% of total deposits, having a weighted average relationship with EagleBank of over 8 years. • Capitalizing on Our Desirable Geography o The DMV has a robust and diverse economy including education, healthcare, technology, and defense sectors. o Access to a population with high household incomes, leading to more significant deposit base. Core Strengths Supporting Long-Term Performance

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Key Levers to Improve Return on Average Assets • Grow and deepen relationship deposits with a focus on franchise enhancement; allowing for reduction of high-cost wholesale and non-core funding • Maintain pricing discipline on loan originations to promote revenue growth • Continue operating efficiency focus and seek out opportunities for positive operating leverage Strategic Initiatives to Enhance Profitability 6 Grow & Diversify C&I team expansion creating platform to accelerate acquisition and deepening of profitable relationships and expand deposit base Ongoing evaluation of strategies to reduce CRE concentration Increasing fee income through cross selling and higher penetration of deposit products Market positioning and resource investment focus that evolve community and customer perceptions of EagleBank towards being a full- service commercial bank Deposits & Funding Building sales behaviors with Treasury sales to deepen deposit relationships to grow fee income Utilize current and past successes to seek out deposit rich sectors and enhance and/or communicate value propositions Leverage existing branch network to drive customer acquisition Operational Excellence Continue investments that enhance operational capabilities and human talent as we strengthen the efficiency and scalability of our platform; all with an eye for maintaining an exceptional client and employee experience Driving effective expense management contributing to the overall strategy of achieving positive operating leverage

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Eagle – Capital Levels vs. Peers 7 1-Please refer to the Non-GAAP reconciliation and footnotes in the appendices. Peers are those used in the proxy for the May 2025 annual meeting. Proxy Peers are AMTB, AUB, BHLB, BRKL, BUSE, BY, CNOB, CVBF, DCOM, FFIC, INDB, OCFC, PFS, PPBI, STEL, TMP, UBSI, VBTX, WSFS and data is as of March 31, 2025. EGBN is as of June 30, 2025. Source: S&P Capital IQ Pro and company filings. Strong Capital • Capital ratios are high relative to peers • Excess CET1 (over 9%) plus reserves provides a superior level of coverage when measured against our peers 17.0% 16.5% 14.5% 14.1% 14.0% 14.0% 13.3% 13.3% 12.3% 12.0% 11.8% 11.2% 11.1% 11.1% 11.1% 11.0% 10.8% 10.2% 10.1% 10.1% Peer 1 Peer 2 Peer 3 Peer 4 EGBN Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 12 Peer 14 Peer 15 Peer 11 Peer 13 Peer 16 Peer 17 Peer 18 Peer 19 CET1 Ratio 10.4% 9.7% 8.4% 7.7% 6.7% 6.6% 5.9% 5.6% 4.8% 4.8% 4.3% 3.8% 3.6% 3.3% 3.1% 3.0% 2.9% 2.2% 2.2% 1.8% Peer 1 Peer 2 EGBN Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Peer 12 Peer 13 Peer 14 Peer 15 Peer 16 Peer 17 Peer 18 Peer 19 Excess CET1 + ACL / Total Loans 11.9% 11.2% 10.9% 10.8% 10.6% 10.4% 10.0% 9.9% 9.9% 9.9% 9.2% 9.0% 8.9% 8.7% 8.7% 8.6% 8.1% 8.0% 7.9% 7.8% Peer 1 EGBN Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Peer 12 Peer 13 Peer 14 Peer 15 Peer 16 Peer 17 Peer 18 Peer 19 Tangible Common Equity / Tangible Assets1

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Performance Measures 8 1-Please refer to the Non-GAAP reconciliation and footnotes in the appendices. Operating Return on Average Assets are annualized. For the periods above, return on average common equity was (26.60)% (2024Q2), 7.22% (2024Q3), 4.94% (2024Q4), 0.55% (2025Q1), (22.60)% (2025Q2), ; return on average assets was (2.73)% (2024Q2), 0.70% (2024Q3), 0.48% (2024Q4), 0.06% (2025Q1), (2.36)% (2025Q2), common equity to assets was 10.35% (2024Q2), 10.86% (2024Q3), 11.02% (2024Q4), 11.00% (2025Q1), and 11.22% (2025Q2); and efficiency ratio was 191.0% (2024Q2), 55.4% (2024Q3), 59.5% (2024Q4), 61.5% (2025Q1), and 58.6% (2025Q2). 7.04% 7.22% 4.94% 0.55% -22.35% 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 Operating Return on Average Tangible Common Equity1 0.66% 0.70% 0.48% 0.06% -2.33% 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 Operating Return on Average Assets1 55.2% 55.4% 59.5% 61.5% 58.6% 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 Operating Efficiency Ratio1 10.35% 10.86% 11.02% 11.00% 11.18% 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 Tangible Common Equity/Tangible Assets1

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Net Interest Income 9 NII and NIM Increase Net Interest Income • Net interest income increased $2.2 million quarter over quarter. • Interest income decreased $2.4 million due to lower rates on loans. • Interest expense decreased $4.6 million, driven by lower average short-term borrowings and reduced costs on savings and money market accounts. Margin • The net interest margin ("NIM") increased to 2.37% for the second quarter 2025, compared to 2.28% for the prior quarter, primarily driven by the paydown of average borrowings and reduced funding costs on money market accounts and other borrowings. • Management expects cash flows from the investment portfolio of $216 million for the remainder of 2025 and $246 million in 2026 to be redeployed into higher yielding assets. $71.4 $71.8 $70.8 $65.6 $67.8 2.40% 2.37% 2.29% 2.28% 2.37% -1.00% 1.00% 3.00% 5.00% 7.00% 9.00% $- $20.0 $40.0 $60.0 $80.0 $100.0 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 (in m ill io n s) Net Interest Income & Margin Net Interest Income NIM

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Net Income – Summary 10 Net Income Drivers Net interest income Net interest income increased $2.2 million, primarily driven by reduced costs on savings and money market accounts, lower average short-term borrowings, and one additional day in the quarter. Provision for Credit Losses ("PCL") Provision for credit losses was $138.2 million for the second quarter of 2025, compared to $26.3 million for the prior quarter. The increase was primarily driven by higher office-related reserves and expected exit strategies. Net charge-offs totaled $83.9 million, up from $11.2 million in the first quarter. The reserve for unfunded commitments totaled $1.8 million, driven primarily by higher unfunded commitments in our commercial and industrial portfolio. This compared to a reversal for unfunded commitments in the prior quarter of $0.3 million. Noninterest income Noninterest income decreased $1.8 million primarily due to a $1.9 million loss on a trade executed to reposition the investment portfolio into higher- yielding assets. Noninterest expense Noninterest expense decreased $2 million associated with decreased legal, accounting, and professional fees.

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2025 Outlook 11 1 – The forecasted increase is based off Q1 2025 and Q2 2025 figures for the same measure Other Notes: 2025 Outlook represents forward-looking statements and are not guarantees of future performance and are subject to risks, assumptions and uncertainties that are difficult to predict. Please see "Forward Looking Statements" on page 2. Current 2025 Outlook1Prior 2025 Outlook2Q 2025 ActualKey Drivers Balance Sheet 4-6% increase1-4% increase$10,226 millionAverage deposits Flat2-5% increase$7,942 millionAverage loans 5-7% decreaseFlat$11,487 millionAverage earning assets Income Statement 2.35% - 2.50%2.40% - 2.65%2.37%Net interest margin 40 – 45% growth35 – 40% growth$6.4 millionNoninterest income 5.5-7.5% growth3-5% growth$43.5 millionNoninterest expense 37-47%15-17%36.1%Period effective tax rate

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Deposit Mix and Trend 12 Total Period End Deposits increased $852 million Year-over-Year CDs Savings & money market Interest bearing transaction Noninterest bearing 3.35% 3.40% 3.28% 3.17% 3.05% 5.07% 5.03% 5.28% 5.75% 5.46% 4.45% 4.47% 4.20% 4.07% 3.86% 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 Cost Analysis Total Deposit Cost Borrowings Total IBL Cost

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83.0% 86.4% 93.8% 93.9% 98.4% 17.0% 13.6% 6.2% 6.1% 1.6% $9,967 $9,889 $9,730 $9,876 $9,269 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 in m ill io ns Deposits & Borrowings Deposits Borrowings (includes customer repos) Funding & Liquidity 13 Funding & Liquidity Summary Deposits Average deposits increased $342.8 million for the quarter, attributable to an increase in time deposit accounts. The long-term strategy for deposits is to increase core deposits and reduce reliance on wholesale funding. Borrowings Other short-term borrowings were $50.0 million at June 30, 2025, representing an 89.8% decrease from the prior quarter-end. The decline was driven by the pay down of FHLB borrowings, funded by cash and core deposit growth. Ample Access to Liquidity Available liquidity from the FHLB, FRB Discount Window, cash and unencumbered securities is over $4.8 billion. $4,812 $2,276 Available Liquidity Uninsured Deposits Robust Liquidity Coverage of Uninsured Deposits Our available liquidity of $4.8 billion covers uninsured deposits of $2.3 billion by more than 200%.

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5,529 4,302 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 158% 115% 112% 102% 89% 79% 79% 73% 69% 45% 29% 28% Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 EGBN Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Excess CET1+ACL/ Inc Producing Office Loans 14 As of June 30, 2025 Note: Proxy Peers are AMTB, AUB, BHLB, BRKL, BUSE, BY, CNOB, CVBF, DCOM, FFIC, INDB, OCFC, PFS, PPBI, STEL, TMP, UBSI, VBTX, WSFS and data is as of March 31, 2025. Peer data only shown if CRE Income Producing Office was disclosed. EGBN is as of June 30, 2025. Source: S&P Capital IQ Pro and company filings. 1 - Class Type is determined based on the latest appraisal designation. Higher Risk Rating (9000) Lower Risk Rating (1000) Office (% of Total Inc Prod CRE) 22% Non-Office 78% Office (Weighted Risk Rating) Non-Office (Weighted Risk Rating) Mix and Risk Rating Trend of Total Income Producing CRE The vast majority of our Inc Prod CRE is Non-Office and with risk ratings that have largely remained unchanged. Office Loan Portfolio Detail Inc Producing Office Holdings Declined $68 million Year-over-Year

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15 1 – LTV is a factor considered in loan underwriting and periodic portfolio monitoring. LTVs are based on most recently appraised value, which do not necessarily reflect current market conditions. There can be no assurance the Company would be able to realize the appraised value in the event of foreclosure. LTV does not necessarily indicate current collateral levels. 2 - DSCR is calculated based on contractual principal and interest payments and only considers cash flow from primary sources of repayment. Commentary • Performing Office ACL coverage = 11.54% • Limited exposure to Class B central business district office Office Loan Portfolio: Income Producing Detail $41 $- $39 $23 $15 $- $39 $156 $53 $24 $42 $74 $125 $64 $171 $269 2025 Q3 2025 Q4 2026 Q1 2026 Q2 2026 Q3 2026 Q4 2027 2028+ CRE Office - Maturity Schedule Appraisal after 6/30/2024 Appraisal before 6/30/2024

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16 1 – LTV is a factor considered in loan underwriting and periodic portfolio monitoring. LTVs are based on most recently appraised value, which do not necessarily reflect current market conditions. There can be no assurance the Company would be able to realize the appraised value in the event of foreclosure. LTV does not necessarily indicate current collateral levels. 2 - DSCR is calculated based on contractual principal and interest payments and only considers cash flow from primary sources of repayment. Multifamily Loan Portfolio: Income Producing Detail $14 $15 $251 $119 $170 $177 $90 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 2027 2028+ (in m ill io ns) Inc Producing Multi-Family - Maturity Schedule

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Loan Mix and Trend 17 Commercial Owner-Occupied CRE Construction – comm& residential. Home Equity Other Consumer Construction C&I (owner-occupied) Office Income producing CRE (excluding office if applicable)

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$408 $391 $426 $502 $702 $308 $365 $245 $273 $173 $716 $756 $671 $775 $875 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 (in m ill io ns) Substandard Special mention % of loans 18 Loan Type and Classification 1-Includes land. Quarter-over-Quarter Change Special Mention • C&I -$27.9 million • CRE -$71.8 million Substandard • C&I -$5.5 million • CRE +$189.4 million • 64% of substandard loans were current at 6/30/25 Classified and Criticized Loans 74%69%82%86% 74% % performing 8.95% 9.49% 8.46% 9.76% 11.34%

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0.11% 0.26% 0.48% 0.57% 4.22% 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 NCO / Average Loans1 Asset Quality Metrics 19 1-Excludes loans held for sale. 2-Non-performing assets ("NPAs") include loans 90 days past due and still accruing. Charts for Allowance for Credit Losses and NPAs are as of period end. Net Charge Offs ("NCO") are annualized for periods of less than a year. 0.88% 1.22% 1.90% 1.79% 2.16% 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 NPAs2 / Assets $8,959 $10,094 $12,132 $26,255 $138,159 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 (in th ou sa n ds) Provision for Credit Losses 1.33% 1.40% 1.44% 1.63% 2.38% 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 Allowance for Credit Losses/ Loans HFI

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Appendix

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21 Summary of Nonaccrual Loans above $10M Note: Data as of June 30, 2025

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22 Nonaccrual Loans Credit Resolution Highlights • Continued disciplined execution of workout strategies drove meaningful credit actions, including restructures, charge-offs, and an asset sale. • $60.0 million of loans returned to accrual status reflects tangible progress on resolution efforts, including the successful A-B note restructure of our previously largest nonaccrual office loan. • An additional $38.9 million of loans were transferred to held-for-sale, with a signed LOI in place on one property expected to close in Q3.

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23 Summary of Classified and Criticized Loans 1 - Loan collateral is a project that is either recently completed and in lease up, not yet stabilized, under development, or in process of conversion 2 - LTV is a factor considered in loan underwriting and periodic portfolio monitoring. LTVs are based on most recently appraised value, which do not necessarily reflect current market conditions. There can be no assurance the Company would be able to realize the appraised value in the event of foreclosure. LTV does not necessarily indicate current collateral levels. 3 - Debt Service Coverage Ratio is calculated based on contractual principal and interest payments and only considers cash flow from primary sources of repayment.

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24 Top 25 Loans 1 – Mixed collateral commercial real estate 2 – Construction in process 3 - LTV is a factor considered in loan underwriting and periodic portfolio monitoring. LTVs are based on most recently appraised value, which do not necessarily reflect current market conditions. There can be no assurance the Company would be able to realize the appraised value in the event of foreclosure. LTV does not necessarily indicate current collateral levels. Note: Data as of June 30, 2025

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$976.3 $950.1 $955.1 $898.7 $889.0 $865.5 $864.0 $849.3 $821.2 63.5% 55.0% 60.0% 65.0% 70.0% 75.0% 80.0% $700.0 $750.0 $800.0 $850.0 $900.0 $950.0 $1,000.0 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 (in m ill io n s) Trend in Balance1 and % of CET1 Capital Balance % of CET1 Capital Total CRE Office Loan Portfolio (Excludes OOCRE & OO Construction) 25 3 Office Loans with Substandard Risk Ratings are on Nonaccrual for a total balance of $72.7 million out of Total NPAs of $228.9 million. 1- Excludes loans held for sale. 2- Loan risk grade categories: 1000 – Prime, 2000 – Excellent ("Excel."), 3000 – Good, 4000 – Acceptable ("Accept."), 5000 – Acceptable with Risk ("AwR"), 6000 – Watch, 7000 – Other Assets Especially Mentioned (O.A.E.M.), 8000 – Substandard, 9000 – Doubtful, 9999 - Loss

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Washington DC Office (Income Producing CRE & Construction) 26 • $230.3 Million Total Outstanding Balance o 11 Income Producing CRE = $226.7 million o 1 Income Producing Construction CRE loan = $3.6 million o 12 Total Washington DC Office Loans  Median size = $12.5 million  Average size = $19.2 million • 7 Loans Risk Rated Pass = $107.1 Million • 5 Loans with Adverse Risk Ratings o $39.5 million Risk Rated = Substandard (Nonaccrual loan #1 as discussed on page 21) o $33.8 million Risk Rated = Substandard (Substandard loan #6 as discussed on page 23) o $33.2 million Risk Rated = Special Mention (Special mention loan #1 as discussed on page 23) o $13.0 million Risk Rated = Substandard (Substandard loan #16 as discussed on page 23) o $3.6 million Risk Rated = Special Mention • 3 Loans in the Central Business District with $104.6 Million in Total Outstanding Balances o $57.7 million Risk Rated = Pass (Top 25 loan #16 as discussed on page 24)  International law firm HQ'd in NYC signed long-term lease for >50% of square footage o $33.8 million Risk Rated = Substandard (as discussed above) o $13.1 million Risk Rated = Substandard (as discussed above)

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Multifamily Loan Portfolio 27 • 1 Multifamily Loan on Nonaccrual Status • 85 Total Multifamily Loans • $1.8 Billion in Outstanding Balances with Multifamily as Collateral o Median size = $7.5 million o Average size = $21.1 million • 71 Loans with $1.6 Billion in Balances with Average Risk Rating = Pass • 11 Substandard Loans with $161.4 Million in Total Outstanding Balances o $49.5 million (Multi-Family Building in DC – Bridge Loan) (Substandard Loan #2 as discussed on page 23) o $48.9 million (Apt Building in Fairfax– Bridge Loan) (Substandard Loan #3 as discussed on page 23) o $20.6 million (Apt Building in DC – Bridge Loan) (Substandard Loan #10 as discussed on page 23) o $13.8 million (Apt Building in DC with Retail/Commercial space) (Substandard Loan #15 as discussed on page 23) • 3 Special Mention Loan with $48.9 Million Outstanding o $26.6 million 139-unit Apt building in DC completed in 2017 (Special Mention Loan #2 as discussed on page 23) o $20.6 million 224-unit Apt building in DC (Special Mention Loan #3 as discussed on page 23) Note: These amounts are inclusive of Income Producing ($836.4mm), Construction ($639.0mm), Mixed Use ($318.3mm), and Commercial ($2.3mm) Multi-Family loans

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CRE Construction Portfolio 28 • $1.14 Billion Total Outstanding Balance: o 63 CRE Ground Up Construction $1,021.8 million o 15 CRE Renovation $111.9 million o 5 Consumer Construction $4.5 million o 83 Total Construction Loans  Median size = $2.0 million  Average size = $13.7 million • 73 Loans Risk Rated Pass = $1,095.3 million • 10 Loans (loans above $3 million discussed below) with Adverse Risk Ratings = $42.9 Million o Substandard = $9.1 million (Renovation of 2 Life Science buildings in Montgomery) o Substandard = $6.5 million (Renovation of Industrial building in Washington DC) o Substandard = $5.4 million (Renovation of 17 condo unit building in Washington DC) o Substandard = $5.7 million (New construction of 24 condo unit building in Washington DC) o Special Mention = $5.0 million (New construction of 20 condo unit building in Washington DC) o Substandard = $4.9 million (New construction of 24 condo unit building in Washington DC) o Special Mention = $3.6 million (New construction of office building in Washington DC) Note: Loan metrics not inclusive of deferrals, fees and other adjustments.

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Investment Portfolio 29 Investment Portfolio Strategy • Portfolio positioned to manage liquidity and pledging needs • Cash flow projected principal only (rates unchanged): o Remainder of 2025 - $216 million • Total securities down $66 million from 3/31/2025 from principal paydowns, maturities received. • Unencumbered securities of $1.43 billion available for pledging. • Sold $30 million par value securities yielding 0.95% and reinvested the proceeds at 5.33% during the quarter. Note: Chart is as of period end on an amortized cost basis. AFS / HTM as of June 30, 2025

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Tangible Book Value Per Share 30 Per share data is as of period end. Please refer to Non-GAAP reconciliation and footnotes in the appendices

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Loan Portfolio - Details 31 Note: Loan metrics not inclusive of deferrals, fees and other adjustments. Data as of June 30, 2025.

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Loan Portfolio – Income Producing CRE 32 Note: Loan metrics not inclusive of deferrals, fees and other adjustments. Data as of June 30, 2025.

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Loan Portfolio – CRE Construction 33 Note: Loan metrics not inclusive of deferrals, fees and other adjustments. Data as of June 30, 2025.

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34 Non-GAAP Reconciliation (unaudited)

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35 Non-GAAP Reconciliation (unaudited)

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36 Non-GAAP Reconciliation (unaudited)

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37 Non-GAAP Reconciliation (unaudited) Tangible common equity to tangible assets (the "tangible common equity ratio"), tangible book value per common share, tangible book value per common share excluding accumulated other comprehensive income ("AOCI"), and the return on average tangible common equity are non-GAAP financial measures derived from GAAP based amounts. The Company calculates the tangible common equity ratio by excluding the balance of intangible assets from common shareholders' equity and dividing by tangible assets. The Company calculates tangible book value per common share by dividing tangible common equity by common shares outstanding, as compared to book value per common share, which the Company calculates by dividing common shareholders' equity by common shares outstanding; to calculate the tangible book value per common share excluding the AOCI, tangible common equity is reduced by the loss on the AOCI before dividing by common shares outstanding. The Company calculates the annualized return on average tangible common equity ratio by dividing net income available to common shareholders by average tangible common equity which is calculated by excluding the average balance of intangible assets from the average common shareholders' equity. The Company calculates the annualized return on average common equity ratio by dividing net income available to common shareholders by average common equity. The Company considers this information important to shareholders as tangible equity is a measure that is consistent with the calculation of capital for bank regulatory purposes, which excludes intangible assets from the calculation of risk-based ratios and as such is useful for investors, regulators, management and others to evaluate capital adequacy and to compare against other financial institutions. The above table provides reconciliation of these financial measures defined by GAAP with non-GAAP financial measures. Operating net (loss) income and is a non-GAAP financial measures derived from GAAP based amounts. The Company calculates operating net (loss) income by excluding from net (loss) income the one-time goodwill impairment of $104.2 million. The Company considers this information important to shareholders because operating net (loss) income) provides investors insight into how Company earnings changed exclusive of the impairment charge to allow investors to better compare the Company's performance against historical periods. The table above provides a reconciliation of operating net income (loss) to the nearest GAAP measure. Operating return on average common equity, operating return on average assets, and operating return on tangible common equity are non-GAAP financial measures derived from GAAP based amounts. The Company calculates the operating return on average common equity ratio by dividing operating net income available to common shareholders by average common equity. The Company calculates the operating return on average assets ratio by dividing operating net income available to common shareholders by average assets. The Company calculates the operating return on average tangible common equity ratio by dividing operating net income available to common shareholders by average tangible common equity. The Company considers this information important to shareholders because operating return on average tangible common equity, operating return on average assets, and operating return on average common equity provides investors insight into how Company earnings changed exclusive of the impairment charge to allow investors to better compare the Company's performance against historical periods. The table above provides a reconciliation of operating return on average tangible common equity, operating return on average assets, and operating return on average common equity to the nearest GAAP measure. Operating Efficiency ratio is a non-GAAP financial measure calculated by dividing operating non-interest expense by the sum of GAAP net interest income and GAAP non- interest (loss) income. Operating noninterest expense is a non-GAAP financial measure calculated by adding back goodwill impairment to GAAP noninterest expense. Management believes that reporting the non-GAAP efficiency ratio more closely measures its effectiveness of controlling operational activities. The table above shows the calculation of the operating efficiency ratio and operating noninterest expense from these GAAP measures.

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