Eagle Bancorp, Inc. · Bethesda, MD United States ·(NASDAQ (CM): EGBN)
Company Description
View Eagle Bancorp, Inc. Locations On A US Map
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This link will open in a new window For those nest eggs that need a little help hatching, holding company Eagle Bancorp would recommend its community-oriented EagleBank subsidiary. The bank serves businesses and individuals through about 15 branches in Washington, DC, and its suburbs. Deposit products include checking, savings, and money market accounts; certificates of deposit; and IRAs. Commercial, residential, and construction real estate loans combined represent 70% of its loan portfolio, which also includes business (it has significant expertise as a Small Business Administration lender), consumer, and home equity loans. To read the full description, subscribe now.
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Key Eagle Bancorp, Inc. Financials
| Company Type | Public - NASDAQ (CM): EGBN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $46.3 |
| 2008 Employees | 235 |
Eagle Bancorp, Inc. Executives
73 executives listed for Eagle Bancorp, Inc.'s Bethesda, MD location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO; Chairman and CEO, EagleBank | Ronald Paul | Network |
| Vice Chairman | Robert Pincus | Network |
| EVP and COO | Michael Flynn | Network |
Competition
Competitive Landscape for Eagle Bancorp, Inc.
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Eagle Bancorp, Inc. Competitors
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