EAGLE BANCORP Business Summary

Eagle Bancorp, Inc. (NASDAQ: EGBN) is the bank holding company for EagleBank, a premier community-focused commercial bank serving the Washington, D.C. metropolitan area. The company generates the majority of its revenue through net interest income (NII) derived from a loan portfolio concentrated in commercial real estate (CRE) and commercial and industrial (C&I) lending. Its primary business segments include commercial banking, residential mortgage banking, and retail banking services, supplemented by non-interest income from service charges, investment advisory fees, and strategic asset dispositions. As of early 2026, Eagle Bancorp is executing a strategic shift from remediation to execution, focusing on balance sheet repositioning to reduce concentration risk and enhance core deposit growth. It competes directly with regional peers such as Sandy Spring Bancorp, United Bankshares, and TowneBank, positioning itself as a high-touch, relationship-driven alternative to national money-center banks in the DMV region. The company was co-founded by Ronald D. Paul, who served as the long-term Chairman and CEO until his retirement. The current leadership team is led by President and CEO Susan G. Riel, a founding executive with over four decades of banking experience who is currently managing a planned leadership transition through 2026. She is supported by Executive Vice President and CFO Eric Newell, who oversees financial strategy and risk management, and Ryan Riel, the Chief Lending Officer for CRE whose expanded remit includes oversight of branch operations and technology. The Board of Directors is led by Independent Chair James A. Soltesz and Vice Chair Louis P. Mathews Jr. Significant institutional backing is provided by major investors including BlackRock, Vanguard, and Dimensional Fund Advisors, reflecting the bank's established presence and stability within the regional financial services landscape.