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Eagle Bancorp, Inc. Announces Cash Dividend

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Eagle Bancorp (NASDAQ: EGBN) announced a cash dividend of $0.40 per share for the fourth quarter of 2021. This dividend will be payable on January 31, 2022, to shareholders of record as of January 19, 2022. The bank, headquartered in Bethesda, Maryland, operates eighteen branches across Suburban Maryland, Washington, D.C., and Northern Virginia, focusing on fostering relationships with businesses and individuals.

Positive
  • Announcement of a cash dividend of $0.40 per share.
  • Dividend payment date set for January 31, 2022, indicating a commitment to returning value to shareholders.
Negative
  • None.

BETHESDA, Md., Nov. 17, 2021 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the “Company”) (NASDAQ: EGBN), the parent company for EagleBank, today announced a cash dividend for the fourth quarter of 2021, in the amount of $0.40 per share. The cash dividend will be payable on January 31, 2022 to shareholders of record on January 19, 2022.

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 eighteen branch 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.

Caution About 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. These forward-looking statements are based on current expectations that involve risks, uncertainties and assumptions, including the impacts of the novel coronavirus pandemic and the volatility and uncertainty in global markets and economies. Because of these uncertainties and the assumptions on which 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. 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, 2020, Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 and other filings with the SEC. Except as required by law, the Company does not undertake to update forward-looking statements contained in this release.

EagleBank Contact
Dave Danielson
240.552.9534


FAQ

What is the dividend amount for EGBN in the fourth quarter of 2021?

The dividend amount is $0.40 per share.

When will the EGBN dividend be paid?

The dividend will be paid on January 31, 2022.

Who are the shareholders of record for the EGBN dividend?

The shareholders of record are those holding shares as of January 19, 2022.

How many branches does EagleBank operate?

EagleBank operates eighteen branches.

Eagle Bancorp Inc

NASDAQ:EGBN

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Banks - Regional
State Commercial Banks
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United States of America
BETHESDA