Eagle Bancorp (NASDAQ: EGBN) swings to $14.7M Q1 profit on lower costs

Q: How did Eagle Bancorp (EGBN) perform financially in Q1 2026?

Eagle Bancorp posted net income of $14.7 million , or $0.48 per share, for Q1 2026, reversing a $2.4 million net loss in Q4 2025. The improvement was driven by lower noninterest expenses and a reduced credit loss provision despite softer net interest income.

Q: What happened to Eagle Bancorp’s net interest margin and net interest income in Q1 2026?

Net interest income declined to $63.7 million in Q1 2026 from $68.3 million in Q4 2025, as earning asset balances and yields fell. However, net interest margin rose to 2.47% from 2.38% , helped by lower funding costs and reduced reliance on brokered deposits.

Q: How strong are Eagle Bancorp’s capital and liquidity positions after Q1 2026?

Eagle Bancorp reported a common equity tier 1 ratio of 13.80% and a tangible common equity ratio of 11.51% at March 31, 2026. Total on-balance sheet liquidity and borrowing capacity were $4.3 billion , covering $2.2 billion of uninsured deposits by more than 195%.

Q: What were Eagle Bancorp’s key credit quality metrics in Q1 2026?

The allowance for credit losses was 2.12% of total loans, and performing office coverage was 7.39% at quarter-end. Nonperforming assets rose to $130.8 million , or 1.31% of assets, while annualized net charge-offs increased to 1.46% of average loans.

Q: Did Eagle Bancorp declare a dividend based on Q1 2026 results?

Yes. Eagle Bancorp’s board declared a $0.01 per share common stock cash dividend. The dividend is payable on May 15, 2026 to shareholders of record as of May 4, 2026 , reflecting a modest payout while the company focuses on rebuilding earnings.

Q: What is Eagle Bancorp’s outlook for 2026 profitability and expenses?

Management is targeting a 2026 net interest margin of 2.60%–2.80% , noninterest income growth of 15%–25% from $29.3 million , and noninterest expense between $192.7 million and $200.7 million . The effective tax rate outlook was updated to 8%–13% .

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Eagle Bancorp, Inc. returned to profitability in the first quarter of 2026, reporting net income of $14.7 million, or $0.48 per share, after a net loss of $2.4 million in the prior quarter. Results were driven mainly by a sharp $21.1 million reduction in noninterest expense, including lower loan disposition costs and the absence of a prior $10 million legal provision, plus a lower provision for credit losses.

Net interest income declined to $63.7 million as average interest-earning assets and yields fell, though the net interest margin improved to 2.47% on cheaper funding and reduced brokered deposits. Credit metrics were mixed: the allowance for credit losses was 2.12% of loans, criticized and classified balances fell, but nonperforming assets increased to $130.8 million and annualized net charge-offs rose to 1.46% of average loans. Loans and deposits both declined quarter over quarter, while capital and liquidity remained strong, with a common equity tier 1 ratio of 13.80%, a tangible common equity ratio of 11.51%, and $4.3 billion of liquidity versus $2.2 billion of uninsured deposits. The Company declared a $0.01 per share cash dividend payable May 15, 2026.

Insights

Eagle Bancorp swung back to profit on lower expenses, but credit costs and shrinking balance sheet remain key constraints.

Eagle Bancorp reported Q1 2026 net income of $14.7M and EPS of $0.48, reversing a $2.4M loss in Q4 2025. The turnaround mainly reflects a $21.1M drop in noninterest expense and a lower credit loss provision of $13.4M versus $15.5M prior quarter.

Core earnings quality is mixed. Net interest income fell to $63.7M, while net interest margin improved to 2.47% from 2.38% as the funding mix shifted away from brokered deposits. Pre-provision net revenue rose to $27.7M, but both loans and deposits contracted, with total loans at $7.0B and deposits at $8.6B.

Credit risk remains a central theme. The allowance for credit losses was 2.12% of loans and performing office coverage was 7.39%. Nonperforming assets rose to $130.8M, or 1.31% of assets, and annualized net charge-offs increased to 1.46% of average loans. At the same time, criticized and classified loans declined and income‑producing office exposure continued to be worked down. Strong capital ratios, including common equity tier 1 at 13.80% and a tangible common equity ratio of 11.51%, together with $4.3B of liquidity versus $2.2B of uninsured deposits, provide a solid buffer as the bank executes on its 2026 plan to rebuild pre‑provision earnings and further de‑risk commercial real estate.

8-K Event Classification

3 items: 2.02, 7.01, 9.01

3 items

Item 2.02 Results of Operations and Financial Condition Financial

Disclosure of earnings results, typically an earnings press release or preliminary financials.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Net income: $14.7M Earnings per share: $0.48 Net interest income: $63.7M +5 more

8 metrics

Net income $14.7M Q1 2026; vs $2.4M net loss in Q4 2025

Earnings per share $0.48 Q1 2026 diluted EPS

Net interest income $63.7M Q1 2026; down from $68.3M in Q4 2025

Pre-provision net revenue $27.7M Q1 2026 PPNR

Net interest margin 2.47% Q1 2026; up from 2.38% in Q4 2025

Allowance for credit losses ratio 2.12% ACL as % of total loans at March 31, 2026

Nonperforming assets $130.8M (1.31% of assets) Balance and ratio at March 31, 2026

Common equity tier 1 ratio 13.80% CET1 to risk-weighted assets at quarter-end 2026

Key Terms

Pre-provision net revenue, Net interest margin, Allowance for credit losses, Nonperforming assets, +2 more

6 terms

Pre-provision net revenue financial

"Pre-provision net revenue ("PPNR")1 also improved in the first quarter to $27.7 million compared to $10.7 million for the prior quarter"

Pre-provision net revenue is a bank’s income from core operations — interest earned minus interest paid plus fees and other operating income, after operating costs — measured before setting aside funds for potential loan losses. Investors use it to gauge how well a bank’s everyday business generates money independent of one-time loss reserves, like judging a store’s sales and operating profit before accounting for an expected number of returned items.

Net interest margin financial

"The net interest margin ("NIM") increased to 2.47% for the first quarter of 2026, compared to 2.38% for the prior quarter"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

Allowance for credit losses financial

"The ACL as a percentage of total loans was 2.12% at quarter-end; down from 2.19% at the prior quarter-end."

Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.

Nonperforming assets financial

"Nonperforming assets increased by $21.9 million to $130.8 million as of March 31, 2026, representing 1.31% of total assets"

Nonperforming assets are loans or investments that are not generating expected payments or returns because the borrower has fallen behind on payments or the investment has lost value. They matter to investors because a high level of nonperforming assets can indicate financial trouble for a bank or institution, potentially affecting its stability and profitability.

Criticized and classified loans financial

"Including loans held for sale, substandard and special mention loans totaled $794.1 million at March 31, 2026"

Tangible common equity ratio financial

"At quarter-end, the common equity ratio, tangible common equity ratio1, and common equity tier 1 capital (to risk-weighted assets) ratio were 11.51%, 11.51%, and 13.80%, respectively."

Tangible common equity ratio measures how much real, loss-absorbing capital common shareholders have relative to a company's tangible assets—calculated by removing intangible items (like goodwill) and preferred equity from total equity and comparing that net amount to tangible assets. Think of it as the thickness of a safety cushion made of solid, visible value rather than accounting entries; investors use it to judge how well a company could withstand losses and protect common shareholders' claims.

Earnings Snapshot

Net income: $14.7M · Guidance included

Q1 2026

Net income $14.7M vs $2.4M net loss in Q4 2025

Diluted EPS $0.48 vs $(0.08) in Q4 2025

Net interest income $63.7M vs $68.3M in Q4 2025

Pre-provision net revenue $27.7M vs $10.7M in Q4 2025

Net interest margin 2.47% vs 2.38% in Q4 2025

Total loans $7.0B down 5% from December 31, 2025

Total deposits $8.6B down $0.5B or 6% from prior quarter-end

Guidance

For 2026, the company targets net interest margin of 2.60%–2.80%, noninterest income of $33.7M–$36.6M, noninterest expense of $192.7M–$200.7M, and an effective tax rate of 8%–13%.

Understanding 8-K Material Events →

04/22/2026 - 04:43 PM

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): April 22, 2026

EAGLE BANCORP, INC.

(Exact name of registrant as specified in its charter)


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

7500 Old Georgetown Road, 15th 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:


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

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. ☐

Item 2.02. Results of Operations and Financial Condition.

On April 22, 2026, 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 April 23, 2026, 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.


Exhibit Number						Description

99.1						Press Release dated April 22, 2026
99.2						Earnings Presentation
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

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.


Date: April 22, 2026	By:	/s/ Eric R. Newell
		Eric R. Newell
		Senior Executive Vice President, Chief Financial Officer

PRESS RELEASE FOR EAGLE BANCORP, INC. IMMEDIATE RELEASE CONTACT: Eric R. Newell April 22, 2026 240.497.1796 EAGLE BANCORP, INC. ANNOUNCES FIRST QUARTER 2026 RESULTS AND CASH DIVIDEND BETHESDA, MD, Eagle Bancorp, Inc. ("Eagle" or 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 first quarter ended March 31, 2026. Eagle reported a net income of $14.7 million or $0.48 per share for the first quarter 2026, compared to a net loss of $2.4 million or $(0.08) per share for the fourth quarter of 2025. The $17.1 million improvement from the prior quarter is primarily due to a $14.7 million decrease in noninterest expense related to lower loan disposition expenses, a $10 million legal provision that did not reoccur in the first quarter, and a $2.1 million lower provision for credit losses. This benefit from a decline in noninterest expense and a lower provision was partially offset by a $4.6 million reduction in net interest income and a $3.9 million increase in the tax expense. Pre-provision net revenue ("PPNR")1 also improved in the first quarter to $27.7 million compared to $10.7 million for the prior quarter reflecting the noninterest expense and net interest income factors discussed above. "We are pleased to begin the year with meaningful progress against our near-term strategic priorities, including asset quality improvement, capital accretion through earnings, and continued diversification of our balance sheet across both assets and funding sources." said Susan G. Riel, President, and Chief Executive Officer of the Company. "Our first quarter results reflect the resiliency of our franchise and the deliberate work underway to reposition it. We delivered strong C&I growth, returned to profitability, expanded net interest margin, and meaningfully reduced our reliance on wholesale funding. Our CRE concentration declined below 300%, and criticized and classified balances continued their downward trajectory. At the same time, we recognize that our current level of profitability does not yet reflect the earnings power of this franchise, and we are focused on executing against a clear plan to expand pre-provision net revenue over the course of 2026." Ms. Riel added. Additionally, the Company is announcing today a cash dividend in the amount of $0.01 per share. The cash dividend will be payable on May 15, 2026 to shareholders of record on May 4, 2026. 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.

First Quarter of 2026 Key Elements • The Company announces today the declaration of a common stock dividend of $0.01 per share. • Total C&I loans (including owner-occupied) increased $157.7 million or 5.2%, and C&I deposits decreased $238.0 million, or 11.4% from the previous quarter. Year-over-year period end C&I deposit growth totaled $400.6 million or 28%. • In the first quarter of 2026 the Bank's CRE concentration ratio was 295.1% compared to 336.6% the prior quarter. ADC concentration at March 31 was 75.7% compared to 92.1% at December 31, 2025. • The ACL as a percentage of total loans was 2.12% at quarter-end; down from 2.19% at the prior quarter-end. Performing office coverage2 was 7.39% at quarter-end; as compared to 12.89% at the prior quarter-end, primarily due to a decrease in the qualitative reserve for CRE office loans (“office overlay”) as the CRE office portfolio decreased and improved in risk ratings. • Nonperforming assets increased by $21.9 million to $130.8 million as of March 31, 2026, representing 1.31% of total assets, compared to $109.0 million, representing 1.04% of total assets as of December 31, 2025. During the quarter, nonperforming loan inflows totaled $61.6 million. Reductions of $39.8 million reflected underlying collateral liquidations and sales of loans. • Including loans held for sale, substandard and special mention loans totaled $794.1 million at March 31, 2026, compared to $874.0 million in the prior quarter. Substandard and special mention loans held for sale totaled $55.2 million and $90.7 million at March 31, 2026 and December 31, 2025, respectively. • Annualized quarterly net charge-offs for the first quarter of 2026 were 1.46% compared to 0.67% for the fourth quarter of 2025. • The net interest margin ("NIM") increased to 2.47% for the first quarter of 2026, compared to 2.38% for the prior quarter, primarily driven by improved funding mix as core deposit inflows and reduced brokered deposit usage lowered cost of funds. This improvement was partially offset by lower interest income from declines in cash and loan average balances. • At quarter-end, the common equity ratio, tangible common equity ratio1, and common equity tier 1 capital (to risk-weighted assets) ratio were 11.51%, 11.51%, and 13.80%, respectively. • Total estimated insured deposits decreased at quarter-end to $6.4 billion, representing 74.2% of deposits, compared to $6.9 billion, or 75.3% in the prior quarter. This decrease was primarily due to reduced usage of brokered deposits. • Total on-balance sheet liquidity and available capacity was $4.3 billion, compared to $2.2 billion in uninsured deposits, resulting in a coverage ratio of over 195%. 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 office loans.

Income Statement • Net interest income was $63.7 million for the first quarter of 2026, compared to $68.3 million for the prior quarter. Both interest income and interest expense declined during the quarter, reflecting the impact of declining average interest-earning balances, lower yields and fewer days in the quarter. • Provision for credit losses was $13.4 million for the first quarter of 2026, compared to $15.5 million for the prior quarter. The decrease was primarily driven by a decrease in the qualitative office overlay partially offset by updated quantitative assumptions used to calculate our current expected credit losses. The provision related to the reserve for unfunded commitments was a reversal of $1.8 million, compared to a provision expense of $203 thousand in the prior quarter. • Noninterest income was increased $0.5 million to $12.7 million for the first quarter of 2026, compared to $12.2 million for the prior quarter. In the quarter, gain on the sale of loans totaled $3.6 million as compared to a loss on sale of loans in the linked period of $1.1 million. • Noninterest expense was $48.7 million for the first quarter of 2026, compared to $69.8 million for the prior quarter. The decrease over the linked quarter was primarily due to $14.7 million decrease in expenses related to loan dispositions, as well as a $10 million legal provision, in the prior quarter that did not reoccur in the first quarter of 2026. • Income tax expense was $1.3 million for the first quarter of 2026, compared to a $2.6 million benefit for the prior quarter. The increase in income tax expense was primarily due to higher pre-tax income during the first quarter of 2026. Loans and Funding • Total loans, including loans held for sale, were $7.0 billion at March 31, 2026, a decrease of 5% 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 $8.6 billion, down $0.5 billion, or 6%, from the prior quarter-end. Of the quarter-over-quarter decline, brokered deposits represents $412.7 million. The decrease was primarily driven by lower balances in savings and money market accounts and brokered time deposits. Deposits decreased $685.8 million compared to March 31, 2025. Asset Quality • Allowance for credit losses was 2.12% of total loans held for investment at March 31, 2026, compared to 2.19% at the prior quarter-end. Performing office coverage was 7.39% at quarter-end; as compared to 12.89% at the prior quarter-end, primarily due to a decrease in the qualitative reserve for office overlay as the CRE office portfolio decreased and improved in risk ratings. • Net charge-offs were $26.0 million for the quarter compared to $12.3 million in the fourth quarter of 2025. • Nonperforming assets ("NPAs") were $130.8 million at March 31, 2026. 3

◦ NPAs as a percentage of assets were 1.31% at March 31, 2026, compared to 1.04% at the prior quarter-end. At March 31, 2026, OREO consisted of three properties with an aggregate carrying value of $2.1 million. ◦ Loans 30-89 days past due were $18.0 million at March 31, 2026, compared to $49.9 million at the prior quarter-end. Capital • Total shareholders' equity was $1.1 billion at March 31, 2026, up 1.2% from the prior quarter-end. The increase in shareholders' equity of $14.0 million was primarily due to quarterly income that increased capital. • Book value per share and tangible book value per share3 were $37.56 and $37.56, an increase of 0.8% 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 March 31, 2026 as compared to the three months ended December 31, 2025 and March 31, 2025, 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, 2025, 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 first quarter of 2026 financial results on Thursday, April 23, 2026 at 10:00 a.m. Eastern Time. The listen-only webcast can be accessed at: • https://edge.media-server.com/mmc/p/cn74vqnt/ • For analysts who wish to participate in the conference call, please register at the following URL: https://register-conf.media-server.com/register/BI435096520d554131b588151b80b05bdf • A replay of the conference call will be available on the Company's website through Thursday, May 7, 2026: 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, financial condition, asset quality 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, 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.

nationally and in the Company's market (including reductions in the size of the federal government workforce; changes in government spending; the economic effects of an extended government shutdown; the proposal, announcement or imposition of tariffs; volatility in interest rates and interest rate, monetary and fiscal policy; inflation levels; competitive factors; our ability to access cost-effective funding) and other conditions (such as the impact of bank failures, credit losses 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, 2025 and in other periodic and current reports filed with the SEC, including the Company's Quarterly Reports on Form 10-Q. 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. 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

Eagle Bancorp, Inc. Consolidated Statements of Operations (Unaudited) (Dollars in thousands, except per share data) Three Months Ended March 31, December 31, March 31, 2026 2025 2025 Interest Income Interest and fees on loans $ 109,566 $ 119,744 $ 126,136 Interest and dividends on investment securities 9,646 10,083 11,912 Interest on balances with other banks and short-term investments 12,689 19,699 15,830 Total interest income 131,901 149,526 153,878 Interest Expense Interest on deposits 66,181 79,147 77,211 Interest on customer repurchase agreements — 52 260 Interest on other short-term borrowings — — 8,733 Interest on long-term borrowings 2,026 2,024 2,025 Total interest expense 68,207 81,223 88,229 Net Interest Income 63,694 68,303 65,649 Provision for Credit Losses 13,382 15,468 26,255 Provision (Reversal) for Credit Losses for Unfunded Commitments (1,779) 203 (297) Net Interest Income (Loss) After Provision for Credit Losses 52,091 52,632 39,691 Noninterest Income Service charges on deposits 1,732 1,840 1,743 Gain (loss) on sale of loans 3,550 (1,137) — Net gain (loss) on sale of investment securities 3 9 4 Increase in cash surrender value of bank-owned life insurance 5,679 5,636 4,282 Other income 1,744 5,844 2,178 Total noninterest income 12,708 12,192 8,207 Noninterest Expense Salaries and employee benefits 23,247 22,661 21,968 Premises and equipment expenses 2,533 2,861 3,203 Marketing and advertising 868 1,185 1,371 Data processing 4,204 4,353 3,978 Legal, accounting and professional fees 4,312 3,100 3,122 FDIC insurance 7,009 7,709 8,962 Legal Contingency — 10,000 — Other expenses 6,567 17,968 2,847 Total noninterest expense 48,740 69,837 45,451 Income (Loss) Before Income Tax Expense 16,059 (5,013) 2,447 Income Tax Expense (Benefit) 1,341 (2,574) 772 Net Income (Loss) $ 14,718 $ (2,439) $ 1,675 Earnings (Loss) Per Common Share Basic $ 0.48 $ (0.08) $ 0.06 Diluted $ 0.48 $ (0.08) $ 0.06 6

Eagle Bancorp, Inc. Consolidated Balance Sheets (Unaudited) (Dollars in thousands, except per share data) March 31, December 31, March 31, 2026 2025 2025 Assets Cash and due from banks $ 12,626 $ 11,692 $ 15,484 Interest-bearing deposits with banks and other short-term investments 566,733 684,001 661,173 Investment securities available-for-sale at fair value (amortized cost of $1,008,764, $1,055,146, and $1,330,077 respectively, and allowance for credit losses of $—, $—, and $—, respectively) 930,314 976,770 1,214,237 Investment securities held-to-maturity at amortized cost, net of allowance for credit losses of $907, $1,030, and $1,275 respectively (fair value of $757,238, $786,662, and $774,947 respectively) 841,273 854,780 924,473 Federal Reserve and Federal Home Loan Bank stock 27,685 28,327 51,467 Loans held for sale, at lower of cost or fair value 55,702 90,650 15,251 Loans held for investment, at amortized cost 6,938,560 7,280,459 7,943,306 Less: allowance for credit losses (147,163) (159,604) (129,469) Loans held for investment, net of allowance 6,791,397 7,120,855 7,813,837 Premises and equipment, net 12,864 12,800 7,079 Operating lease right-of-use assets 27,569 28,451 32,769 Deferred income taxes 132,729 132,330 84,798 Bank-owned life insurance 339,844 335,177 320,055 Other real estate owned 2,059 2,059 2,459 Other assets 213,486 219,311 174,279 Total Assets $ 9,954,281 $ 10,497,203 $ 11,317,361 Liabilities and Shareholders' Equity Liabilities Deposits: Noninterest-bearing demand $ 1,488,668 $ 1,433,952 $ 1,607,826 Interest-bearing transaction 978,330 1,038,154 926,722 Savings and money market 3,286,125 3,624,813 3,558,919 Time deposits 2,838,376 3,036,687 3,183,801 Total deposits 8,591,499 9,133,606 9,277,268 Customer repurchase agreements — — 32,357 Other short-term borrowings — — 490,000 Long-term borrowings 76,511 76,428 76,181 Operating lease liabilities 34,532 35,256 38,484 Reserve for unfunded commitments 3,311 5,090 3,166 Other liabilities 103,151 115,540 155,014 Total Liabilities 8,809,004 9,365,920 10,072,470 Shareholders' Equity Common stock, par value $0.01 per share; shares authorized 100,000,000, shares issued and outstanding 30,494,659, 30,359,632, and 30,368,843 respectively 302 300 300 Additional paid-in capital 383,050 382,499 386,535 Retained earnings 851,998 837,643 978,995 Accumulated other comprehensive loss (90,073) (89,159) (120,939) Total Shareholders' Equity 1,145,277 1,131,283 1,244,891 Total Liabilities and Shareholders' Equity $ 9,954,281 $ 10,497,203 $ 11,317,361 7

Loan Mix and Asset Quality (Dollars in thousands) March 31, December 31, March 31, 2026 2025 2025 Amount % Amount % Amount % Loan Balances - Period End: Commercial $ 1,432,933 21 % $ 1,338,486 18 % $ 1,178,569 15 % Income producing - commercial real estate 3,030,004 44 % 3,350,718 46 % $ 3,967,124 49 % Owner occupied - commercial real estate 1,686,210 23 % 1,602,124 22 % $ 1,403,668 18 % Real estate mortgage - residential 35,743 1 % 37,100 1 % $ 48,821 1 % Construction - commercial and residential 617,992 9 % 795,400 11 % $ 1,210,788 15 % Construction - C&I (owner occupied) 87,666 1 % 108,468 1 % $ 83,417 1 % Home equity 44,948 1 % 47,448 1 % $ 50,121 1 % Other consumer 3,064 — % 715 — % $ 798 — % Total loans $ 6,938,560 100 % $ 7,280,459 100 % $ 7,943,306 100 % Three Months Ended or As Of March 31, December 31, March 31, 2026 2025 2025 Asset Quality: Nonperforming loans $ 128,761 $ 106,897 $ 200,447 Other real estate owned 2,059 2,059 2,459 Nonperforming assets $ 130,820 $ 108,956 $ 202,906 Net charge-offs $ 25,960 $ 12,259 $ 11,230 Special mention $ 290,827 $ 268,881 $ 273,380 Substandard $ 447,604 $ 514,497 $ 501,565 8

Eagle Bancorp, Inc. Consolidated Average Balances, Interest Yields And Rates vs. Prior Quarter (Unaudited) (Dollars in thousands) Three Months Ended March 31, 2026 December 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 $ 1,420,918 $ 12,689 3.62 % $ 1,997,019 $ 19,770 3.93 % Loans held for sale (1) 85,096 1,380 6.58 % 135,981 1,626 4.74 % Loans (1) (2) 7,112,483 108,185 6.17 % 7,338,320 118,118 6.39 % Investment securities available-for-sale (2) 988,390 5,187 2.13 % 1,050,620 5,501 2.08 % Investment securities held-to-maturity (2) 849,802 4,460 2.13 % 867,222 4,582 2.10 % Total interest earning assets 10,456,689 131,901 5.12 % 11,389,162 149,597 5.21 % Noninterest earning assets 734,996 733,464 Less: allowance for credit losses (161,755) (157,925) Total noninterest earning assets 573,241 575,539 Total Assets $ 11,029,930 $ 11,964,701 Liabilities and Shareholders’ Equity Interest bearing liabilities: Interest-bearing transaction $ 1,462,553 $ 9,317 2.58 % $ 1,574,757 $ 11,055 2.79 % Savings and money market 3,437,234 25,851 3.05 % 3,931,453 33,040 3.33 % Time deposits 2,934,494 30,957 4.28 % 3,163,520 35,052 4.40 % Total interest bearing deposits 7,834,281 66,125 3.42 % 8,669,730 79,147 3.62 % Customer repurchase agreements — — — % 6,656 53 3.16 % Derivative collateral liability 7,745 56 2.98 % 6,200 70 4.48 % Long-term borrowings 76,483 2,026 10.73 % 76,400 2,024 10.51 % Total interest bearing liabilities 7,918,509 68,207 3.49 % 8,758,986 81,294 3.68 % Noninterest bearing liabilities: Noninterest bearing demand 1,817,726 1,920,522 Other liabilities 146,110 144,791 Total noninterest bearing liabilities 1,963,836 2,065,313 Shareholders' equity 1,147,585 1,140,402 Total Liabilities and Shareholders’ Equity $ 11,029,930 $ 11,964,701 Net interest income $ 63,694 $ 68,303 Net interest spread 1.63 % 1.53 % Net interest margin 2.47 % 2.38 % Cost of funds 2.84 % 3.02 % (1) Loans placed on nonaccrual status are included in average balances. Net loan fees and late charges included in interest income on loans totaled $3.9 million and $3.9 million for the three months ended March 31, 2026 and December 31, 2025, respectively. (2) Interest and fees on loans and investments exclude tax equivalent adjustments. 9

Eagle Bancorp, Inc. Consolidated Average Balances, Interest Yields And Rates vs. Year Ago Quarter (Unaudited) (Dollars in thousands) Three Months Ended March 31, 2026 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 $ 1,420,918 $ 12,689 3.62 % $ 1,450,464 $ 15,830 4.43 % Loans held for sale (1) 85,096 1,380 6.58 % 169 — — % Loans (1) (2) 7,112,483 108,185 6.17 % 7,933,695 126,136 6.45 % Investment securities available-for-sale (2) 988,390 5,187 2.13 % 1,321,954 6,857 2.10 % Investment securities held-to-maturity (2) 849,802 4,460 2.13 % 933,880 5,055 2.20 % Total interest earning assets 10,456,689 131,901 5.12 % 11,640,162 153,878 5.36 % Noninterest earning assets 734,996 596,585 Less: allowance for credit losses (161,755) (118,557) Total noninterest earning assets 573,241 478,028 Total Assets $ 11,029,930 $ 12,118,190 Liabilities and Shareholders’ Equity Interest bearing liabilities: Interest-bearing transaction $ 1,462,553 $ 9,317 2.58 % $ 1,368,609 $ 9,908 2.94 % Savings and money market 3,437,234 25,851 3.05 % 3,682,217 32,389 3.57 % Time deposits 2,934,494 30,957 4.28 % 2,951,111 34,914 4.80 % Total interest bearing deposits 7,834,281 66,125 3.42 % 8,001,937 77,211 3.91 % Customer repurchase agreements — — — % 36,572 260 2.88 % Derivative collateral liability 7,745 56 2.98 % — — — % Other short-term borrowings — — — % 682,222 8,733 5.19 % Long-term borrowings 76,483 2,026 10.73 % 76,146 2,025 10.79 % Total interest bearing liabilities 7,918,509 68,207 3.49 % 8,796,877 88,229 4.07 % Noninterest bearing liabilities: Noninterest bearing demand 1,817,726 1,881,296 Other liabilities 146,110 197,212 Total noninterest bearing liabilities 1,963,836 2,078,508 Shareholders' equity 1,147,585 1,242,805 Total Liabilities and Shareholders’ Equity $ 11,029,930 $ 12,118,190 Net interest income $ 63,694 $ 65,649 Net interest spread 1.63 % 1.29 % Net interest margin 2.47 % 2.28 % Cost of funds 2.84 % 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 $3.9 million and $3.8 million for the three months ended March 31, 2026 and 2025, respectively. (2) Interest and fees on loans and investments exclude tax equivalent adjustments. 10

Eagle Bancorp, Inc. Statements of Operations and Highlights Quarterly Trends (Unaudited) (Dollars in thousands, except per share data) Three Months Ended March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 December 31, 2024 September 30, 2024 June 30, 2024 Income Statements: Total interest income $ 131,901 $ 149,526 $ 150,103 $ 151,443 $ 153,878 $ 168,417 $ 173,813 $ 169,731 Total interest expense 68,207 81,223 81,944 83,667 88,229 97,623 101,970 98,378 Net interest income 63,694 68,303 68,159 67,776 65,649 70,794 71,843 71,353 Provision for credit losses 13,382 15,468 113,215 138,159 26,255 12,132 10,094 8,959 Provision (reversal) for credit losses for unfunded commitments (1,779) 203 (38) 1,759 (297) (1,598) (1,593) 608 Net interest income after provision for credit losses 52,091 52,632 (45,018) (72,142) 39,691 60,260 63,342 61,786 Noninterest income before investment gain 12,705 12,183 4,477 8,268 8,203 4,063 6,948 5,329 Net gain (loss) on sale of investment securities 3 9 (1,982) (1,854) 4 4 3 3 Total noninterest income 12,708 12,192 2,495 6,414 8,207 4,067 6,951 5,332 Salaries and employee benefits 23,247 22,661 21,290 21,940 21,968 22,597 21,675 21,770 Premises and equipment expenses 2,533 2,861 2,944 3,019 3,203 2,635 2,794 2,894 Marketing and advertising 868 1,185 1,316 1,144 1,371 1,340 1,588 1,662 Legal Contingency — 10,000 — — — — — — Other expenses 22,092 33,130 16,347 17,367 18,909 17,960 17,557 120,165 Total noninterest expense 48,740 69,837 41,897 43,470 45,451 44,532 43,614 146,491 Income (loss) before income tax expense 16,059 (5,013) (84,420) (109,198) 2,447 19,795 26,679 (79,373) Income tax expense 1,341 (2,574) (16,907) (39,423) 772 4,505 4,864 4,429 Net income (loss) 14,718 (2,439) (67,513) (69,775) 1,675 15,290 21,815 (83,802) Per Share Data: Earnings (loss) per weighted average common share, basic $ 0.48 $ (0.08) $ (2.22) $ (2.30) $ 0.06 $ 0.51 $ 0.72 $ (2.78) Earnings (loss) per weighted average common share, diluted $ 0.48 $ (0.08) $ (2.22) $ (2.30) $ 0.06 $ 0.50 $ 0.72 $ (2.78) Weighted average common shares outstanding, basic 30,422,259 30,368,432 30,367,997 30,373,167 30,275,001 30,199,433 30,173,852 30,185,609 Weighted average common shares outstanding, diluted 30,540,379 30,584,374 30,367,997 30,510,847 30,404,262 30,321,644 30,241,699 30,185,609 Actual shares outstanding at period end 30,494,659 30,359,632 30,366,555 30,364,983 30,368,843 30,202,003 30,173,200 30,180,482 Book value per common share at period end $ 37.56 $ 37.26 $ 37.00 $ 39.03 $ 40.99 $ 40.60 $ 40.61 $ 38.75 Tangible book value per common share at period end(1) $ 37.56 $ 37.26 $ 37.00 $ 39.03 $ 40.99 $ 40.59 $ 40.61 $ 38.74 Dividend per common share $ 0.010 $ 0.010 $ 0.010 $ 0.165 $ 0.165 $ 0.165 $ 0.165 $ 0.45 Performance Ratios (annualized): Return on average assets 0.54 % (0.08) % (2.31) % (2.33) % 0.06 % 0.48 % 0.70 % (2.73) % Return on average common equity 5.20 % (0.85) % (22.66) % (22.35) % 0.55 % 4.94 % 7.22 % (26.67) % Return on average tangible common equity(1) 5.20 % (0.85) % (22.66) % (22.35) % 0.55 % 4.94 % 7.22 % (28.96) % Net interest margin 2.47 % 2.38 % 2.43 % 2.37 % 2.28 % 2.29 % 2.37 % 2.40 % Efficiency ratio(1)(2) 63.8 % 86.8 % 59.3 % 58.6 % 61.5 % 59.5 % 55.4 % 191.0 % Other Ratios: Allowance for credit losses to total loans(3) 2.12 % 2.19 % 2.14 % 2.38 % 1.63 % 1.44 % 1.40 % 1.33 % Allowance for credit losses to total nonperforming loans 114.29 % 149.31 % 131.67 % 81.17 % 64.59 % 54.81 % 83.25 % 110.06 % Nonperforming assets to total assets 1.31 % 1.04 % 1.23 % 2.16 % 1.79 % 1.90 % 1.22 % 0.88 % Net charge-offs (recoveries) (annualized) to average total loans(3) 1.46 % 0.67 % 7.36 % 4.22 % 0.57 % 0.48 % 0.26 % 0.11 % Tier 1 capital (to average assets) 10.63 % 9.72 % 10.40 % 10.63 % 11.11 % 10.74 % 10.77 % 10.58 % Total capital (to risk weighted assets) 15.05 % 14.33 % 14.83 % 15.27 % 15.86 % 15.86 % 15.51 % 15.07 % Common equity tier 1 capital (to risk weighted assets) 13.80 % 13.07 % 13.58 % 14.01 % 14.61 % 14.63 % 14.30 % 13.92 % Tangible common equity ratio(1) 11.51 % 10.78 % 10.39 % 11.18 % 11.00 % 11.02 % 10.86 % 10.35 % Average Balances (in thousands): Total assets $ 11,029,930 $ 11,964,701 $ 11,597,399 $ 11,989,095 $ 12,118,190 $ 12,575,722 $ 12,360,899 $ 12,361,500 Total earning assets 10,456,689 11,389,162 11,137,543 11,487,006 11,640,162 12,303,940 12,072,891 11,953,446 Total loans(3) 7,112,483 7,338,320 7,648,459 7,942,333 7,933,695 7,971,907 8,026,524 8,003,206 Total deposits 9,652,007 10,590,252 10,163,215 10,226,095 9,883,233 10,056,463 9,344,414 9,225,266 Total borrowings 76,483 83,056 131,225 355,914 794,940 1,118,276 1,654,736 1,721,283 Total shareholders' equity 1,147,585 1,140,402 1,182,148 1,252,252 1,242,805 1,230,573 1,201,477 1,263,627 (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. 11

GAAP Reconciliation to Non-GAAP Financial Measures (unaudited) (dollars in thousands, except per share data) Three Months Ended March 31, December 31, March 31, 2026 2025 2025 Tangible common equity Common shareholders' equity $ 1,145,277 $ 1,131,283 $ 1,244,891 Less: Intangible assets — — (11) Tangible common equity $ 1,145,277 $ 1,131,283 $ 1,244,880 Tangible common equity ratio Total assets $ 9,954,281 $ 10,497,203 $ 11,317,361 Less: Intangible assets — — (11) Tangible assets $ 9,954,281 $ 10,497,203 $ 11,317,350 Tangible common equity ratio 11.51 % 10.78 % 11.00 % Per share calculations Book value per common share $ 37.56 $ 37.26 $ 40.99 Less: Intangible book value per common share $ — $ — $ — Tangible book value per common share $ 37.56 $ 37.26 $ 40.99 Shares outstanding at period end 30,494,659 30,359,632 30,368,843 Average tangible common equity Average common shareholders' equity $ 1,147,585 $ 1,140,391 $ 1,242,805 Less: Average intangible assets — — (14) Average tangible common equity $ 1,147,585 $ 1,140,391 $ 1,242,791 Return on average tangible common equity Net (loss) income $ 14,718 $ (2,439) $ 1,675 Return on average tangible common equity 5.20 % (0.85) % 0.55 % Efficiency ratio Net interest income $ 63,694 $ 68,303 $ 65,649 Noninterest income 12,708 12,192 8,207 Operating revenue $ 76,402 $ 80,495 $ 73,856 Noninterest expense $ 48,740 $ 69,837 $ 45,451 Efficiency ratio 63.79 % 86.76 % 61.54 % Pre-provision net revenue Net interest income $ 63,694 $ 68,303 $ 65,649 Noninterest income 12,708 12,192 8,207 Less: Noninterest expense (48,740) (69,837) (45,451) Pre-provision net revenue $ 27,662 $ 10,658 $ 28,405 Tangible common equity, tangible common equity to tangible assets (the "tangible common equity ratio"), tangible book value per common share, average tangible common equity, and the 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 12

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 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 efficiency ratio is 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. 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. 13

1st Quarter 2026 Earnings Presentation EagleBankCorp.com April 22, 2026 Scan for digital version Date should be Earnings Release Date, not call date Do we change QR?

Forward Looking Statements 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, 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, including valuation risk, 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, the economic impact of an extended government shutdown; 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 2

Attractive Washington DC Footprint Get updated maps from Mercedes 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 3

Eagle at a Glance Total Assets $9.95 billion Total Loans $6 .9 billion Total Deposits $8.6 billion Tangible Common Equity $1. 1 billion Shares Outstanding (at close March 31, 2026) 30,494,659 Market Capitalization (at close April 21, 2026) $949 million Tangible Book Value per Common Share $37.56 Institutional Ownership 83% Member of Russell 2000 Yes Member of S&P SmallCap 600 Yes Note: Financial data as of March 31, 2026 unless otherwise noted. 1 - Equity was $1.1 billion and book value was $37.56 per share. Please refer to the Non-GAAP reconciliation in the appendix. 2 - Based on April 21, 2026 closing price of $27.46 per share and March 31, 2026 shares outstanding. 1 1 2 From S&P: Institutional Ownership (Market Cap and Inst. Ownership ONLY – rest comes from the 10- Q) 4

NOTE: Data at or for the quarter ended March 31, 2026 1 - Please refer to the Non-GAAP reconciliation in the appendix. 2 - Calculated based on annualized first quarter results. 3 - Includes cash and cash equivalents. • Best-in-Class Capital Levels o CET1 Ratio = 13.80% Top third of all bank holding companies with $10 billion in assets or more. o TCE / TA¹ = 11.51% o ACL / Gross Loans = 2.12% and ACL / Performing Office Loans = 7.39% • Long-term Strategy to Improve Operating Pre-Provision, Net Revenue (“PPNR”) Across All Interest Rate Environments o Reposition loan mix to drive operating deposit growth, lower funding costs, and expand fee income. • Disciplined Cost Structure o Our cost structure is designed to remain disciplined and efficient, allowing us to support core banking operations, enhance profitability, and continue investing in key control functions such as risk management and compliance. o Branch-light, efficient operator. o Noninterest Expense / Average Assets2 = 1.79% o Efficiency Ratio = 63.80% • Strong Liquidity and Funding Position o Liquidity risk management is central to our strategy. • $4.3 billion in combined on-balance sheet liquidity3 and available borrowing capacity as of quarter-end, significantly exceeding our $2.2 billion in uninsured deposits and providing a coverage ratio of 196%. • This strong liquidity profile positions Eagle to respond proactively to market shifts and support our strategy to grow C&I lending. o While uninsured deposits represent only 26% of total, the entire deposit base maintains 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 5

Strategic Initiatives to Enhance Profitability Strengthen Deposits & Funding Profile Invest in Innovation Capitalize on our Market Positioning Relationships FIRST Optimize & Diversify Loans and Securities Operational Excellence Optimize & Diversify Loans and Securities - Expand and rebalance the loan and securities portfolio to drive sustainable growth by focusing on business relationships and C&I lending while increasing fee income. Strengthen Deposits & Funding Profile - Build a resilient core deposit funding base through targeted sales, marketing efforts, and strategic alignment. Invest in Innovation - Continue EagleBank’s transformation through current innovative initiatives and accelerate strategic investments in talent, technology, and partnerships that drive innovation, efficiency, and long-term growth. Capitalize on our Market Positioning - Leverage EagleBank’s brand, Relationships FIRST culture, and regional strength to increase satisfaction, retention, and value with focus on targeted C&I growth, enhancements to Business Banking, and proactive maintenance of CRE. 6

10.28% 8.03% 7.32% 7.02% 6.00% 5.57% 5.45% 5.19% 4.95% 4.51% 3.52% 2.62% 2.56% 2.38% 2.27% 2.25% 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 Excess CET1 + ACL / Total Loans Eagle – Capital Levels vs. Peers Walk charts [date] .xls 1-Please refer to the Non-GAAP reconciliation and footnotes in the appendices. Peers are those used in the proxy for the May 2026 annual meeting. Proxy Peers are AMTB, AUB, BUSE, BY, CNOB, CVBF, DCOM, FFIC, INDB, OCFC, PFS, STEL, TMP, UBSI, WSFS and data is as of December 31, 2025. EGBN is as of March 31, 2026. Source: S&P Capital IQ Pro and company filings. Strong Capital • Capital ratios are high relative to peers • Excess CET1 (9%) plus reserves provides a superior level of coverage when measured against our peers 7 11.51% 11.27% 11.20% 10.90% 10.75% 10.25% 10.07% 9.88% 9.42% 9.40% 8.67% 8.66% 8.48% 8.32% 8.14% 8.09% EGBN Peer 1 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 Tangible Common Equity / Tangible Assets1 15.89% 14.18% 13.92% 13.80% 13.65% 13.44% 12.86% 12.43% 12.33% 11.80% 11.66% 10.72% 10.61% 10.52% 10.24% 10.10% Peer 1 Peer 2 Peer 3 EGBN Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Peer 12 Peer 13 Peer 14 Peer 15 CET1 Ratio

Performance Measures 1-Please refer to the Non-GAAP reconciliation and footnotes in the appendices. Return on Average Assets are annualized. For the periods above, return on average common equity was 0.55% in 2025Q1, (22.35%) in 2025Q2, (22.66%) in 2025Q3, and (0.85%) in 2025Q4, common equity to assets was 11.02% in 2024Q4, 11.00% in 2025Q1,11.18% in 2025Q2, 10.39% in 2025Q3, and 10.78% in 2025Q4; and efficiency ratio was 59.50% in 2024Q4, 61.50% in 2025Q1, 58.60% in 2025Q2, 59.30% in 2025Q3, and 86.80% in 2025Q4. 5 quarter charts and peer CHARTS – [date] .xls Note: Peers were removed as we are publishing earlier and they haven’t reported yet. The PPNR chart is in the APPENDIX – Non GAAP recon 8 11.00% 11.18% 10.39% 10.78% 11.51% 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 Tangible Common Equity/Tangible Assets1 0.55% -22.35% -22.66% -0.85% 5.09% 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 Return on Average Tangible Common Equity1 61.50% 58.60% 59.30% 86.80% 63.80% 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 Efficiency Ratio1 0.06% -2.33% -2.31% -0.08% 0.53% 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 Return on Average Assets

$65.6 $67.8 $68.2 $68.3 $63.7 2.28% 2.37% 2.43% 2.38% 2.47% 2.10% 2.30% 2.50% 2.70% 2.90% $- $20.0 $40.0 $60.0 $80.0 $100.0 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 (i n m ill io n s ) Net Interest Income & Margin Net Interest Income NIM $68,303 $(11,979) $7,626 $(2,527) $2,271 $63,694 NII Q4 2025 IE Assets - Volume IB Liabilities - Volume IE Assets - Yield IB Liabilities - Yield NII Q1 2026 (i n t h o u s a n d s ) Net Interest Income Rate/Volume Analysis Net Interest Income Walk charts [date] .xls Data for walk chart is built into its own wDesk sheet 5 quarter charts and peer CHARTS – [date] .xls NII and NIM Increase Net Interest Income • Net interest income decreased $4.6 million quarter over quarter partially driven by declining average interest-earning balances, lower yields and fewer days in the quarter. • Interest income decreased $17.6 million due to accelerated loan payoffs as well as a reduction in cash and due from balances during the quarter. • Interest expense decreased $13.0 million, driven by a decline in higher cost brokered deposits. Margin • The net interest margin ("NIM") increased to 2.47% for the first quarter 2026, compared to 2.38% for the prior quarter, driven by improved funding mix as core deposit inflows and reduced brokered deposit usage lowered cost of funds. This improvement was partially offset by lower interest income from declines in cash and loan volume. • Management expects cash flows from the investment portfolio of $195 million to be selectively redeployed into higher yielding assets in the latter half of 2026. 9

Net Income – Summary Net Income Drivers Net Interest Income Net interest income decreased by $4.6 million, primarily driven by accelerated loan payoffs as well as a reduction in cash and due from balances during the quarter. This lower interest income was offset by lower interest expense from a decline in higher cost brokered deposits. Two fewer days in the first quarter of 2026 also contributed to lower net interest income compared to the prior quarter. Provision for Credit Losses (“PCL”) Provision for credit losses was $13.4 million for the first quarter of 2026, compared to $15.5 million for the prior quarter. The decrease was primarily driven by a reduction in the overall ACL reserve associated with the CECL model calculation. There was a reversal in the reserve for unfunded commitments of $1.8 million for the first quarter of 2026 compared to a provision of $203 thousand the prior quarter. Noninterest Income Noninterest income increased $0.5 million driven by gains on loan sales in the first quarter offset by a decrease in other income related to SBIC and OREO gains from the prior quarter. Noninterest Expense Noninterest expense decreased by $21.1 million primarily due to $14.7 million decrease in loan disposition expenses and $10 million decrease in legal provision expense. Walk charts [date] .xls 10 $(2,439) $(17,625) $13,016 $2,086 $1,982 $522 $(6) $700 $20,397 $(3,915) $14,718 (i n t h o u s a n d s ) Drivers of Net Income Change

Key Drivers 2025 Full Year Actual (Basis) Current 2026 Growth Assumption1 Implied 2026 Full Year Range 1Q 2026 Actual & Tracking Notes Balance Sheet2 Average deposits $10,590 4-7% decrease3 $9,849 - $10,166 $9,652 Below Range Average loans $7,338 4-6% decrease $6,898 - $7,045 $7,112 Above Range Average earning assets $11,965 6-9% decrease $10,889- $11,247 $10,457 Below Range Income Statement2 Net interest margin 2.37% Target Rate 2.60% - 2.80% 2.47% Below Range Q1 NIM impacted by ~3bps due to interest income reversal with transfer to non-accrual Noninterest income $29.3 15-25% growth $33.7 - $36.6 12.7 (1Q) On Track Current 2026 outlook growth assumption excludes $3.6 million gain on sale in 1Q 2026 Noninterest expense $200.7 0-4% decrease $192.7 - $200.7 48.7 On Track Current 2026 outlook growth assumption excludes the $14.7 million loan disposition expense and the $10.0 million legal provision expense from 4Q 2025 Period effective tax rate 29.6% Target Rate 8-13% 8% On Low-End Outlook revised from prior 12-16%. Q1 at low end of updated range 2026 Outlook 11 1 – The Current 2026 Growth Assumption is based off the 2025 Full Year Actual (Basis) column. 2 – All figures in millions. 3 – The decline in deposits is reflective of further managing down of brokered deposit balances. Other Notes: Excludes loans held for sale. 2026 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. 2025 2026 9,580,767,444 - 7,713,886,228 7,088,126,692 - - 29,307,039 3,550,172 39,942,446 24,700,000

17% 17% 17% 16% 17% 10% 9% 10% 11% 12% 39% 36% 39% 40% 38% 34% 38% 34% 33% 33% $9,277 $9,120 $9,464 $9,134 $8,591 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 (i n m ill io n s ) Period End 93.9% 98.4% 99.1% 99.2% 99.1% 6.1% $9,876 $9,269 $9,554 $9,211 $8,668 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 (i n m ill io n s ) Deposits & Borrowings Deposits Borrowings (includes customer repos) Deposit Mix and Trend Mix of Deposits Investments and Loans CHARTS [date] .xls Total Period End Deposits down $685.8 million YoY 5 quarter charts and peer CHARTS – [date] .xls CDs Savings & Money Market Interest Bearing Transaction Noninterest Bearing 12 3.17% 3.05% 3.10% 2.96% 2.78% 5.75% 5.46% 8.85% 10.51% 10.73% 4.07% 3.86% 3.87% 3.68% 3.49% 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 Cost Analysis Total Deposit Cost Borrowings Total IBL Cost

Funding & Liquidity Funding & Liquidity Summary Deposits Average deposits decreased $840.5 million for the quarter primarily attributable to lower balances in savings and money market accounts compared to the previous quarter. The long-term strategy for deposits is to increase core deposits and reduce reliance on wholesale funding. Quarter-over-quarter, period end brokered deposit balances decreased $412.7 million. Borrowings Other short-term borrowings were $0 at March 31, 2026, representing no change from the prior quarter-end. Ample Access to Liquidity Available liquidity from the FHLB, FRB Discount Window, cash and unencumbered securities is over $4.3 billion. Chart in A10- Unencumbe red Deposits & Borrowings CHART file– [date] .xls Our available liquidity of $4.3 billion covers uninsured deposits of $2.2 billion by more than 195%. Do we want to touch on core replacing brokered deposits? 13 $76 $579 $900 $1,184 $1,674 $4,413 Borrowings 12/31/2025 Cash FHLB FRB Discount Window Unencumbered securities Borrowings + Available Liquidity (i n m ill io n s ) Significant Available Liquidity $4,337 $2,215 Available Liquidity Uninsured Deposits Robust Liquidity Coverage of Uninsured Deposits Note: Data as of March 31, 2026

11% 11% 8% 8% 8% 39% 38% 39% 38% 35% 15% 16% 17% 18% 21% 18% 21% 24% 15% 16% 14% 11% 9% $7,943 $7,722 $7,305 $7,280 $6,939 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 (i n m ill io n s ) Period End Loan Mix and Trend Mix of Deposits Investments and Loans CHARTS [date] .xls "Loan Trend" Tab Need Tables from Mike Brooks Yield and Cost CHARTS – [date] .xls Commercial Owner-Occupied CRE Construction – comm. & residential Home Equity Other Consumer Construction C&I (owner-occupied) Office Income producing CRE (excluding office if applicable) Note: Excludes loans held for sale. 14 18% 23% 6.45% 6.31% 6.40% 6.39% 6.17% 2.14% 2.13% 2.07% 2.09% 2.13% 5.36% 5.29% 5.35% 5.21% 5.12% 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 Yield Analysis Loan Yield Securities Yield Total EA Yield Income Producing CRE by Type - 03/31/2026 $ in millions Balance % of Loans Office & Office Condo $574 8% Multifamily $761 11% Retail $267 4% Hotel/Motel $411 6% Mixed Use $178 3% Industrial $147 2% Single/1-4 Family & Res. Condo $76 1% Other $617 9% Total $3,030 44% Total Period End Loans down $1.0 billion YoY

Asset Quality Metrics 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. 5 quarter charts – [date] .xls Look at the earnings release Q- table 15 $26,255 $138,159 $113,215 $15,468 $13,382 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 (i n t h o u s a n d s ) Provision for Credit Losses 1.63% 2.38% 2.14% 2.19% 2.12% 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 Allowance for Credit Losses / Loans HFI 0.57% 4.22% 7.36% 0.67% 1.46% 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 NCO / Average Loans1 1.79% 2.16% 1.23% 1.04% 1.31% 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 NPAs 1,2 / Assets

47.4% 54.1% 55.9% 49.0% 57.9% 70.6% 89.8% 74.6% 67.3% 85.0% 86.0% 82.0% 69.0% 74.0% 74.0% 88.0% 86.0% 91.0% 7.9% 9.0% 9.5% 8.5% 9.9% 11.8% 15.0% 10.8% 11.4% $265 $308 $365 $245 $273 $173 $424 $269 $291 $362 $408 $391 $426 $502 $702 $536 $514 $448 $15 $38 $136 $91 $55 $627 $721 $756 $671 $790 $913 $1,096 $874 $794 $- $200 $400 $600 $800 $1,000 $1,200 2024Q1 2024Q2 2024Q3 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 (i n m ill io o n s ) Special mention Substandard HFS % Performing1 % of Tier 1 Capital2 % of Loans3 Criticized and Classified Trend 1 – Percent performing is calculated by summing performing criticized & classified loans and dividing by the full criticized and classified portfolio balance. 2 – Percent of Tier 1 capital is calculated by summing all criticized & classified loans and HFS loans that are designated as either criticized or classified and dividing by Tier 1 capital. 3 – Percent of loans is calculated by summing all criticized & classified and HFS loans that are designated as either criticized or classified and dividing by period end HFI loans outstanding. Mix of Deposits Investments and Loans CHARTS [date] .xls "Loan Trend Mix" Tab Tables from Mike Brooks Mix of Deposits Investments and Loans CHARTS [date] .xls "Inc Prod CRE by Type" Tab Tables from Mike Brooks Substandard and Special Mention CHARTS [date] .xls Complete Pending % performing – is this Special Mention 7000 Substandard 8000 Quarter-over-Quarter Change Special Mention • C&I increase of $38.1 million • CRE reduction of $16.2 million Substandard • C&I decrease of $5.8 million • CRE reduction of $66.0 million • 71.2% of substandard loans were current at 03/31/2026. Loans Held for Sale • In addition to the $739 million criticized and classified represented in the graph to the left, $55.3 million were criticized and classified of the $55.7 in loans held for sale. 16

$874,028 $159,872 $(25,497) $(95,803) $(94,555) $(23,912) $794,133 12/31/2025 Downgrades Upgrades HFS Sold Payoffs Charge-offs 3/31/2026 (i n t h o u s a n d s ) Criticized and Classified Migration Criticized and Classified Changes 17 1– Includes valuation allowance Note: Includes held for sale loans Trends • Criticized and classified trends continued to decline in the first quarter of 2026 marked by a $44.5 and $79.4 million decrease for HFI and for HFI and HFS collectively. • Since the third quarter of balance of $1.1 billion, there has been a reduction of 25.6% or $302.3 million placing the Bank close to level with period end balances from a year prior. 1

Held for Sale Changes 18 Trends • Inflows during the quarter included three new relationships, which also enabled the strategic exit of a fourth relationship. • Of the $55.7 million held for sale at March 31, 2026, 99% has executed contracts. $90,650 $111,800 $(143,815) $(2,933) $55,702 12/31/2025 HFS Inflows Sales Valuation Adjustment 03/31/2026 HFS (i n t h o u s a n d s ) HFS Migration

4,727 4,613 2025Q1 2025Q2 2025Q3 2025Q4 2026Q1 212% 210% 152% 119% 97% 82% 64% 63% 47% 43% 25% Peer 1 Peer 2 Peer 3 Peer 4 EGBN Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Excess CET1+ACL/ Inc Producing Office Loans Note: Proxy Peers are AMTB, AUB, BUSE, BY, CNOB, CVBF, DCOM, FFIC, INDB, OCFC, PFS, STEL, TMP, UBSI, WSFS and data is as of December 31, 2025. Peer data only shown if CRE Income Producing Office was disclosed. EGBN is as of March 31, 2026. 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 (Weighted Risk Rating) Non-Office (Weighted Risk Rating) Mix and Risk Rating Trend of Total Income Producing CRE Office loan risk ratings have improved, reflecting proactive portfolio management and targeted de- risking initiatives. Office Loan Portfolio Detail Inc Producing Office Holdings Declined $275.6 million Year-over-Year Note: Excludes loans held for sale. 19 All set - Stellar and Flushing merging into other Banks in 2Q 2026. Lines verified – multifamily saw an average balance drop of 2M and risk ratings went down accordingly driving the decrease All set here As of March 31, 2026 $ in millions As a % of CRE Office Class Type1 Balance (in millions) # of Loans Avg. Size (in millions) Criticized and Classified In Central Business District of DC Owner Occupied Office $169.6 84 $2.0 1% Income Producing Office 573.5 55 10.4 13% Total CRE Office $743.1 139 $5.3 14% Income Producing Office Class A $338.6 15 $22.6 $61.7 10.4% Class B 225.5 33 6.8 33.1 0.0% Class C 9.4 7 1.3 0.0 0.0% Total Income Producing Office $573.5 55 $10.4 $94.8 10.4%

$976 $(188) $(82) $(132) $574 6/30/2023 Charge-Offs Transferred to Held for Sale Paydowns 3/31/2026 (i n m il io n s ) Income-Producing Office Portfolio Reduction Drivers • Cycle to date charge offs, transfers to held for sale, paydowns, and existing office reserves represent 47.3% of June 30, 2023 outstanding balance. • We actively managed our income-producing office portfolio, reducing exposure to $574 million, or 8% of total loans. We maintain disciplined oversight through ongoing portfolio management, including quarterly reviews of all pass-rated office loans greater than $5 million. • 83.5% of income producing office loans were rated pass at March 31, 2026. Inc Producing Office Credit Risk Identification and Reduction Note: Data as of March 31, 2026. $60 in Reserves 20

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. Note: Excludes loans held for sale. Office Loan Portfolio: Income Producing Detail 21 $53 $10 $20 $20 $108 $36 $17 $145 $161 $107 2026 Q2 2026 Q3 2026 Q4 2027 2028+ 2029+ CRE Office - Maturity Schedule Appraisal after 03/31/2025 Appraisal before 03/31/2025 3 Income Producing Office Loans with Substandard Risk Ratings are on Nonaccrual for a Total Balance of $53.8 million out of Total NPAs of $130.8 million. Maturity Balance % of Inc Weighted Weighted Outstanding ($000s) Office % of Office Median Average Year ($ millions) Producing Office Cumulative % LTV1 DSCR2 Balance PSF Risk Weighting Balance Loans # of Loans Loan Size Loan Size 2026 161.3 28.1% 28.1% 61 1.2 161 Substandard $83,920 14.6% 5 $18,502 $16,784 2027 144.5 25.2% 53.3% 53 1.2 190 Special Mention 10,843 1.9% 1 10,843 10,843 2028 160.8 28.0% 81.4% 66 1.5 221 Pass 478,747 83.5% 49 3,954 9,770 2029+ 106.9 18.6% 100.0% 82 1.5 325 $573.5 100.0% 53 1.1 $184 Total $573,510 100.0% 55 $6,263 $10,427 Performing Office ACL Coverage is 7.39% at 03/31/26. No Exposure to Class B Central Business District Office. Refresh of appraisal values is triggered on upcoming maturity or modification, collateral dependency under ASC 326, or downgrade to substandard or worse.

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. 3 – Debt yield is calculated based on net operating income divided by the outstanding loan balance at March 31, 2026. Multifamily Loan Portfolio: Income Producing Detail 22 Payoff of $210.9M last quarter with 4/5 loans being categorized as a Watch. S2 was 2.5M and a pass. One inflow of $47M which is maturing in Q2 2027. LLC BRADLEY CROSSING LLC HOC AT BATTERY LANE LLC S2 U STREET LLC WHC LOREE LLC Decrease in WARR from 5514 to 5263 reflecting proactive credit management and an easing multi-family environment Increase in criticized by 7% to 26% but an increase in DSCR by 0.16. Decrease in MD concentration by 8.37% from last quarter. This was filled by Washington DC which increased by 7.57% QoQ Maryland 12.39% Virginia 36.10% Washington DC 45.20% Other US 6.31% $152.7 $4.8 $255.6 $258.4 $29.1 $60.1 Q2 2026 Q3 2026 Q4 2026 2027 2028 2029+ (i n m ill io n s ) Inc Producing Multi-Family - Maturity Schedule ($ in millions) % of Inc Producing Multi-Family Total CRE Balance $760.8 # of Loans 37 Avg Size 20.6 Median Size 11.5 Pass $560 73.6% Criticized & Classified $201 26.4% Non-Accrual % 1% Weighted LTV1 59 Weighted DSCR2 1.1 Weighted Debt Yield3 5.9 Weighted Risk Rating 5263 Geography Maryland $94 12.4% Virginia $275 36.1% Washington DC $344 45.2% Other US $48 6.3% Total $760.8 100%

Appendix

$98,893 $94,396 $175,984 $97,772 $79,915 $26,550 Total CRE Office Loan Portfolio (Excludes OOCRE & OO Construction) Note: Excludes loans held for sale. 1- 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 24 Virginia 44.84% Maryland 31.34% Washington DC 13.43% Central Business District of DC 10.39% < 50k 50k - 100k 100k - 150k 150k - 200k 200k - 400k 400k - 500k # of Loans 27 11 10 3 2 2 Balance ($000s) $98,893 $94,396 $175,984 $97,772 $79,915 $26,550 Avg. Square Feet 21,537 66,887 129,210 175,578 347,391 451,201 Median Square Feet 19,776 66,746 130,492 166,512 347,391 451,201 Avg. Risk Rating1 Good Good Accept. Accept. Accept. Excel. Median Risk Rating 3,600 3,150 4,475 4,300 4,350 2,850 Avg. Loan Size ($000s) $3,663 $8,581 $17,598 $32,591 $39,957 $13,275 Median Loan Size ($000s) $1,323 $4,437 $14,828 $22,537 $39,957 $13,275 CRE Office by Size (sqft) $976 $950 $955 $899 $889 $865 $864 $849 $821 $602 $577 $574 48.6% 0.0% 20.0% 40.0% 60.0% 80.0% 100.0% $0 $200 $400 $600 $800 $1,000 $1,200 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 (i n m ill io n s ) Trend in Balance and % of CET1 Capital Balance % of CET1 Capital

Nonaccrual Loans Credit Resolution Highlights • Period end non-accrual loans increased by $21.9 million quarter-over-quarter driven by inflows on four credit facilities. • Of the $26.0 million in net charge-offs for the quarter, $16.8 million or 64.6% were classified as non-accrual. 25 $106,897 $- $61,627 $(4,716) $(16,827) $(18,220) $128,761 12/31/2025 Return to Accruing Inflows Paydowns Charge-offs Transferred to Held for Sale 3/31/2026 (i n t h o u s a n d s ) Drivers of Non-Accrual Loans Change

Summary of Nonaccrual Relationships above $5M Note: Data as of March 31, 2026 and excludes loans held for sale. 26 Loan Purpose - Location Balance ($000s) % Total NPLs 1 Office - Washington DC $36,545 28.4% 2 Office - Fairfax 18,502 14.4% 3 Multifamily - Washington DC 15,157 11.8% 4 UCC1 Blanket Lien - Baltimore 9,539 7.4% 5 Multifamily - Washington DC 7,423 5.8% 6 Land - Montgomery 7,200 5.6% 7 Residential Condo - Washington DC 6,483 5.0% All Other Nonaccrual Loans $27,991 21.7% Total Nonaccrual Loans $128,761 100.0%

Summary of Classified and Criticized Loans above $10M 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. Note: Excludes loans held for sale. 4 – Mixed collateral commercial real estate 27 All Special Mention and Substandard Loans Over $10 million # of 03/31/2026 Average Median # of 03/31/2026 % of Risk Rating Loans Balance Size Size Loans Balance Total QoQ Δ Special Mention Loans 29 $290,827 $10,029 $3,149 10 $259,289 89% New Substandard Loans 142 447,604 3,152 413 8 251,125 56% Upgrade Grand Total 171 $738,431 $4,318 $538 18 $510,414 Downgrade Appraised Debt Service Non Valuation Amount Date of Latest Value Date of Coverage Date of Accrual Since 03/31/2025 Loan # Collateral Type Loan Type Location ($000s) Maturity LTV2 ($000s) Appraisal Ratio3 DSCR (Yes, No) (Yes, No) Special Mention Loans Over $10 Million 1 Storage Facility CRE Montgomery $56,196 8/10/2026 72% $77,700 7/27/2022 0.91 12/31/2025 No No 2 Apartment Building CRE Prince George's 56,000 4/21/2026 90% $62,200 3/9/2026 0.62 12/31/2025 No Yes 3 Apartment Building CRE Washington DC 43,043 10/27/2026 58% $74,000 9/30/2025 0.68 12/31/2025 No Yes 4 Mixed Use: Predominantly Commercial4 CRE Montgomery 27,537 10/27/2026 52% $52,600 10/18/2021 0.76 12/31/2025 No No 5 Education CRE Montgomery 16,500 1/10/2030 88% $18,800 11/4/2024 1.75 3/31/2026 No No 6 Storage Facility CRE Anne Arundel 14,996 9/30/2026 77% $19,580 6/13/2022 0.23 12/31/2025 No No 7 Industrial C&I Other US 12,400 2/26/2027 0.97 12/31/2025 No No 8 Industrial C&I Other US 11,650 8/29/2028 33% $35,362 1/17/2024 0.97 12/31/2025 No No 9 Office CRE Washington DC 10,844 5/10/2026 39% $27,550 3/25/2021 1.29 12/31/2025 No No 10 Industrial CRE Anne Arundel 10,124 12/28/2026 53% $19,000 11/2/2022 1.00 12/31/2025 No No $259,289 Substandard Loans Over $10 Million 1 Apartment Building CRE Montgomery $50,624 8/31/2031 75% $67,800 11/25/2025 0.80 9/30/2025 No Yes 2 Apartment Building CRE Fairfax 48,667 5/28/2026 61% $79,300 1/6/2026 0.77 12/31/2025 No Yes 3 Hotel/Motel CRE Arlington 46,373 4/5/2026 81% $57,500 3/2/2026 0.96 12/31/2025 No Yes 4 Office CRE Washington DC 33,200 8/1/2030 74% $44,600 2/4/2026 1.01 9/30/2025 Yes #1 Yes 5 Office CRE Fairfax 22,274 6/25/2026 68% $32,600 5/29/2025 0.94 12/31/2025 No Yes 6 Apartment Building CRE Washington DC 20,579 12/30/2026 72% $28,500 5/28/2025 0.11 12/31/2025 No Yes 7 Office CRE Fairfax 18,502 2/28/2026 76% $24,300 9/5/2025 1.00 12/31/2025 Yes #2 Yes 8 Apartment Building CRE Washington DC 10,904 5/4/2027 57% $19,100 9/30/2025 1.00 12/31/2024 Yes #3 Yes $251,125

Top 25 Loans 1 – Mixed collateral commercial real estate 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. Note: Data as of March 31, 2026 and excludes loans held for sale. 28 Collateral Balance % Total Risk Maturity Amount Appraisal Latest Rate Fixed / Non Collateral Type Loan Type Location ($000s) Loans Rating Date ($000s) Date LTV2 (%) Variable Accrual? 1 Apartment Building with Retail/Commercial Space Construction CRE Montgomery $94,000 1.4% Pass 12/23/2026 $168,000 11/14/2022 56% 6.28 V No 2 Apartment Building with Retail/Commercial Space Construction CRE Montgomery 88,497 1.3% Pass 11/30/2026 $151,000 05/09/2023 59% 6.67 V No 3 Apartment Building Income Producing CRE Falls Church City 86,307 1.2% Pass 12/23/2026 $185,600 11/14/2022 47% 6.42 V No 4 CCRC Skilled Nursing Owner Occupied CRE Prince George's 82,466 1.2% Pass 12/31/2027 $128,890 08/05/2021 64% 6.42 V No 5 Data Center Income Producing Construction CRE Loudoun 75,000 1.1% Pass 04/26/2026 $138,696 03/07/2023 54% 6.67 V No 6 CCRC Skilled Nursing Owner Occupied CRE Virginia Beach City 72,000 1.0% Pass 10/30/2028 $133,149 07/27/2025 54% 6.43 V No 7 Health Care (Non CCRC) C&I Washington DC 65,826 0.9% Pass 06/05/2026 6.31 V No 8 Mixed Use: Predominantly Residential1 Income Producing CRE Washington DC 63,300 0.9% Pass 09/06/2029 $121,400 04/13/2022 52% 5.67 V No 9 Mixed Use: Predominantly Commercial1 C&I Other US 62,186 0.9% Pass 08/31/2028 5.20 F No 10 Office Income Producing CRE Montgomery 60,000 0.9% Pass 09/05/2028 $75,200 12/31/2024 80% 6.00 F No 11 Office Income Producing CRE Washington DC 59,566 0.9% Pass 03/31/2028 $108,000 11/08/2022 55% 5.50 F No 12 Hotel Near Major University Income Producing CRE Prince George's 59,000 0.9% Pass 04/01/2026 $77,300 03/03/2025 76% 5.75 F No 13 Storage Facility Income Producing CRE Montgomery 56,196 0.8% Criticized 08/10/2026 $77,700 07/27/2022 72% 5.54 V No 14 Apartment Building Construction CRE Prince George's 56,000 0.8% Criticized 04/21/2026 $63,700 03/09/2026 88% 7.00 V No 15 Education Owner Occupied / C&I Washington DC 53,845 0.8% Pass 11/10/2052 $64,050 09/06/2022 84% 3.70 V No 16 CCRC Assisted-Living Income Producing CRE Washington DC 53,524 0.8% Pass 12/29/2026 $84,300 09/18/2023 64% 6.75 V No 17 Apartment Building Income Producing CRE Chesterfield 53,183 0.8% Pass 03/07/2027 $110,000 02/10/2023 48% 6.67 V No 18 Industrial Construction CRE Prince William 52,961 0.8% Pass 11/30/2026 $115,200 09/15/2022 46% 5.82 V No 19 Hotel/Motel Income Producing CRE Washington DC 51,615 0.7% Pass 09/17/2028 $83,000 08/17/2018 62% 6.19 F No 20 Apartment Building Income Producing CRE Montgomery 50,624 0.7% Classified 08/31/2031 $67,800 11/25/2025 75% 6.34 F No 21 CCRC-Skilled Nursing Owner Occupied CRE Other US 50,000 0.7% Pass 12/11/2027 $83,333 10/16/2024 60% 8.20 V No 22 SC-Skilled Nursing Uncovered Owner Occupied CRE Other US 50,000 0.7% Pass 03/31/2029 $78,031 01/19/2026 64% 6.17 V No 23 Education Owner Occupied / C&I Washington DC 49,626 0.7% Pass 12/01/2051 $105,500 07/04/2022 47% 3.20 V No 24 Real Estate Secured C&I Washington DC 49,194 0.7% Pass 10/31/2027 6.62 V No 25 Multifamily Income Producing CRE Washington DC 49,000 0.7% Pass 01/25/2027 $91,400 10/22/2021 54% 6.00 V No Total $1,543,916 22.3% Weighted Average 6.10

$1,558 $1,589 $1,494 $1,444 $1,444 $1,519 $1,726 $2,083 $1,845 22% 0% 10% 20% 30% $0 $500 $1,000 $1,500 $2,000 (i n m ill io n s ) Deposits2 C&I Deposits % of Total Deposits Commercial & Industrial Summary 1 – Includes owner occupied construction 2 – End of period balances Recent Growth Since sharpening our focus on C&I in 4Q24, we’ve accelerated portfolio rotation toward higher-value, relationship-driven lending, with strong production and pipeline momentum. First Quarter Activity Total C&I loans (including owner-occupied) increased $157.7 million or 5.2%, reflecting our continued execution on our diversification strategy. C&I deposits decreased $238.0 million, or 11.4% linked quarter, primarily reflecting timing and mix dynamics rather than underlying relationship attrition. Importantly, C&I deposit penetration remains higher year- over-year and is expected to build as newer lending relationships season. 1 29 $2,733 $2,602 $2,531 $2,556 $2,665 $2,643 $2,746 $3,049 $3,207 46% 0% 20% 40% 60% $0 $500 $1,000 $1,500 $2,000 $2,500 $3,000 $3,500 (i n m ill io n s ) Loans2 Commercial Owner Occupied RE % of Total Loans 1

C&I and CRE Comparison Loans C&I and CRE account for 99% of the Bank’s $6.9 billion in loans HFI at 03/31/2026. As of 03/31/2026, C&I loans have increased $541.6 million YoY due to strong pipeline activity and additional emphasis on a diversified loan portfolio whereas CRE balances have dropped $1.53 billion since 03/31/2025 and $498.1 million since FY2025 largely due to a proactive credit management approach in response to valuation pressure in the industry. Deposits C&I deposits have increased $400.6 million YoY to 22% of the $8.6 billion in total deposits at 03/31/2026 due to strong deal flow. Quarter-over-quarter C&I deposits were down $238.0 million. CRE deposits are down marginally QoQ as of 03/31/2026. Year-over-year CRE deposits decreased $193.8 million to $1.2 billion which accounts for 14% of total deposits compared to 15% at 03/31/2025.1 30 16% 17% 18% 23% 22% 15% 15% 14% 14% 14% 69% 68% 68% 63% 64% 0% 10% 20% 30% 40% $0 $2,000 $4,000 $6,000 $8,000 $10,000 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 (i n m ill io n s ) Deposit Composition1 C&I CRE Other C&I as a % of Total Deposits (RA) CRE as a % of Total Deposits (RA) 34% 34% 38% 42% 46% 65% 65% 61% 57% 53% 1% 1% 1% 1% 1% $0 $2,000 $4,000 $6,000 $8,000 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 (i n m ill io n s ) Loan Composition1 C&I CRE Other 1 – End of period balances

US Treasury 0% Agency Debenture 18% Agency MBS 61% Agency CMBS 8% Municipal 6% Corporate 7% Investment Portfolio Investment Portfolio Strategy • Portfolio remains well-positioned to meet anticipated liquidity requirements. • Projected cash flow (principal only, assuming unchanged interest rates): o 2026 - $195 million • Total securities balance decreased by $60 million since 12/31/2025 driven by principal paydowns, maturities, and called securities. • Cash flow from securities portfolio will be primarily used to pay down brokered funding for most of the year, with selective reinvestment occurring the latter part of the year. • Unencumbered securities of $1.67 billion available for pledging. Note: Chart is as of period end on an amortized cost basis. AFS / HTM as of March 31, 2026 Mix of Deposits Investments and Loans CHARTS [date] .xls Need Tables from Mike Brooks FHN - Yield and Reprice and Cash Flow [date] .xls (need FHN from Scott) Cash flow from principal – page 11 FHN (rates unchanged) 31 Percent Projected Securities by of Portfolio Book Reprice Classification at Book Yield Term (years) Securities AFS 53% 1.89% 3.7 Securities HTM 47% 2.03% 5.7 Total Securities 100% 1.96% 4.6

$35.74 $38.97 $35.86 $39.08 $40.59 $37.26 $37.56 2020Y 2021Y 2022Y 2023Y 2024Y 2025Y 2026 Q1 TBVPS Tangible Book Value Per Share Per share data is as of period end. Please refer to Non-GAAP reconciliation and footnotes in the appendices EPS and TBVPS - AOCI impact CAGR CHART [date] .xls 32 $37.26 $0.48 $- $(0.20) $37.56 $(0.01) $0.03 12/31/2025 TBVPS Net Income Dividend Intangibles Stock Based Comp/ESPP AOCI 03/31/2025 TBVPS

Loan Portfolio - Details Note: Loan metrics not inclusive of deferrals, fees and other adjustments. Data as of March 31, 2026. From Mike Brooks NOTE change the % from % of type to “TOTAL LOANS” 33 $ in millions Location C&I Owner Occupied CRE Income Producing CRE Owner Occupied Const. CRE Construction Land Residential Mortgage Consumer TOTAL % of Total Loans Washington DC $264.7 $393.9 $1,032.3 $2.9 $95.2 $30.6 $12.1 $12.9 $1,844.6 26.6% Suburban Washington Montgomery 154.1 215.5 435.3 17.1 193.7 6.4 4.7 19.6 1,046.4 15.1% Fairfax 162.6 136.2 420.9 - 20.1 - 5.1 8.1 753.0 10.9% Prince George's 58.5 277.7 196.4 0.8 86.1 - - 1.1 620.6 8.9% Loudoun 29.5 40.9 109.8 - 79.8 1.8 0.2 1.3 263.3 3.8% Alexandria 26.4 22.9 86.5 - 15.0 - 1.2 0.1 152.1 2.2% Prince William 4.5 19.8 74.0 0.1 53.0 - - 0.4 151.8 2.2% Arlington 15.7 0.3 69.4 - 2.4 - 1.3 1.8 90.9 1.3% Frederick 3.4 1.6 44.9 - - - 0.3 0.3 50.5 0.7% 454.7 714.9 1,437.2 18.0 450.1 8.2 12.8 32.7 3,128.6 45.1% Other Maryland Anne Arundel 88.6 33.0 81.4 - 31.6 - - 0.4 235.0 3.4% Baltimore 128.7 93.2 12.1 - - - - - 234.0 3.4% Howard 13.3 1.3 48.9 - - - 1.2 0.8 65.5 0.9% Eastern Shore 7.4 7.7 42.5 - - - 0.3 - 57.9 0.8% Charles 0.5 12.2 5.1 - - - - 0.2 18.0 0.3% Other MD 0.6 0.8 15.8 - - - 0.1 0.4 17.7 0.3% 239.1 148.2 205.8 - 31.6 - 1.6 1.8 628.1 9.1% Other Virginia Fauquier - - 2.7 - - - - - 2.7 0.0% Other VA 53.4 119.5 247.1 - - - 0.1 - 420.1 6.1% 53.4 119.5 249.8 - - - 0.1 - 422.8 6.1% Other USA 421.0 365.5 105.1 10.9 1.0 1.3 9.1 0.6 914.5 13.2% Total $1,432.9 $1,742.0 $3,030.2 $31.8 $577.9 $40.1 $35.7 $48.0 $6,938.6 100.0% % of Total Loans 20.7% 25.1% 43.7% 0.5% 8.3% 0.6% 0.5% 0.7% 100.0%

Loan Portfolio – Income Producing CRE Note: Loan metrics not inclusive of deferrals, fees and other adjustments. Data as of March 31, 2026 From Mike Brooks 34 $ in millions Single/1-4 Family & Res. Condo % of Total LoansLocation Hotel/ Motel Industrial Mixed Use Multi- family Office Retail Other TOTAL Washington DC $134.1 $0.8 $99.9 $343.9 $136.6 $61.0 $56.6 $199.4 $1,032.3 14.9% Suburban Washington Montgomery - 14.4 38.9 88.9 139.6 10.8 1.7 141.0 435.3 6.3% Fairfax 34.9 0.5 1.0 135.7 164.4 31.1 2.0 51.3 420.9 6.1% Prince George's 70.1 47.9 3.8 5.1 31.7 12.7 0.3 24.8 196.4 2.8% Loudoun - 31.4 0.5 - 14.8 1.8 0.2 61.1 109.8 1.6% Alexandria 13.6 - 5.2 - 31.0 1.5 2.7 32.5 86.5 1.2% Prince William - - - 4.3 0.2 8.3 0.3 60.9 74.0 1.1% Arlington 46.9 - - - 21.3 - 0.5 0.7 69.4 1.0% Frederick - 1.8 0.4 - 3.9 36.2 - 2.6 44.9 0.6% 165.5 96.0 49.8 234.0 406.9 102.4 7.7 374.9 1,437.2 20.7% Other Maryland Anne Arundel 30.2 - - - 1.6 49.5 - 0.1 81.4 1.2% Baltimore 3.2 - 3.0 0.3 - 0.7 0.2 4.7 12.1 0.2% Howard 29.6 5.9 - - 2.9 4.0 1.6 4.9 48.9 0.7% Eastern Shore 27.4 12.8 - - - - - 2.3 42.5 0.6% Charles - 5.1 - - - - - - 5.1 0.1% Other MD - 15.5 - - - 0.3 - - 15.8 0.2% 90.4 39.3 3.0 0.3 4.5 54.5 1.8 12.0 205.8 3.0% Other Virginia Fauquier - - - - - - - 2.7 2.7 0.0% Other VA - 10.4 20.6 134.6 25.5 47.0 6.3 2.7 247.1 3.6% 0.0 10.4 20.6 134.6 25.5 47.0 6.3 5.4 249.8 3.6% Other USA 20.5 - 4.9 48.0 - 2.5 4.0 25.2 105.1 1.5% Total $410.5 $146.5 $178.2 $760.8 $573.5 $267.4 $76.4 $616.9 $3,030.2 43.7% % of Total 14% 5% 6% 25% 19% 9% 3% 20% 100%

Loan Portfolio – CRE Construction Note: Loan metrics not inclusive of deferrals, fees and other adjustments. Data as of March 31, 2026. From Mike Brooks NOTE change the % from % of type to “TOTAL LOANS” Q3 Dataset is not showing renovation & ground-up. Who do we need to go to for this? 35 $ in millions % of Total LoansLocation Single & 1-4 Family Multi family Office Hotel/Motel Mixed Use Retail Residential Condo Other TOTAL Washington DC $8.1 $54.3 $3.6 $16.5 $0.0 $0.0 $6.6 $6.1 $95.2 1.4% Suburban Washington Montgomery 12.5 181.2 - - - - - - 193.7 2.8% Fairfax 8.6 - - - 10.0 1.5 - - 20.1 0.3% Prince George's 0.1 56.0 - - 27.5 2.5 - - 86.1 1.2% Loudoun 2.1 - - - 2.3 - 0.5 74.9 79.8 1.2% Alexandria 0.6 - - 2.9 - - 11.5 - 15.0 0.2% Prince William - - - - - - - 53.0 53.0 0.8% Arlington 2.4 - - - - - - - 2.4 0.0% Frederick - - - - - - - - - 0.0% 26.3 237.2 - 2.9 39.8 4.0 12.0 127.9 450.1 6.5% Other Maryland Anne Arundel - - - - - - 6.5 25.1 31.6 0.5% Baltimore - - - - - - - - - 0.0% Howard - - - - - - - - - 0.0% Eastern Shore - - - - - - - - - 0.0% Charles - - - - - - - - - 0.0% Other MD - - - - - - - - - 0.0% - - - - - - 6.5 25.1 31.6 0.5% Other Virginia Fauquier - - - - - - - - - 0.0% Other VA - - - - - - - - - 0.0% - - - - - - - - - - Other USA - - - - - - - 1.0 1.0 0.0% Total $34.4 $291.5 $3.6 $19.4 $39.8 4.0 $25.1 $160.1 $577.9 8% % of Total 6.0% 50.4% 0.6% 3.4% 6.9% 0.7% 4.3% 27.7% 100.0% Renovation $1.3 $34.9 $0.0 $19.4 $27.5 $0.0 $0.0 $0.0 $83.1 Ground-Up $33.1 $256.6 $3.6 $0.0 $12.3 $4.0 $25.1 $160.1 $494.8

Non-GAAP Reconciliation (Unaudited) APPENDIX - Non-GAAP Recon TABLE and PPNR CHART [date] .xls 36 $ in thousands, except per share data As of Period End 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 Tangible common equity Common shareholders' equity $1,244,891 $1,185,067 $1,123,476 $1,131,283 $1,145,277 Less: Intangible assets (11) (9) - - - Tangible common equity $1,244,880 $1,185,058 $1,123,476 $1,141,283 $1,145,277 Tangible common equity ratio Total assets $11,317,361 $10,601,331 $10,815,502 $10,497,203 $9,954,281 Less: Intangible assets (11) (9) - - - Tangible assets $11,317,350 $10,601,322 $10,815,502 $10,497,203 $9,954,281 Tangible common equity ratio 11.00% 11.18% 10.39% 10.78% 11.51% Per Share Calculations Book value $40.99 $39.03 $37.00 $37.26 $37.56 Less: Intangible book value - - - - - Tangible book value $40.99 $39.03 $37.00 $37.59 $37.56 Shares outstanding 30,368,843 30,364,983 30,366,555 30,359,632 30,494,659 $ in thousands For the Quarter 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 Average tangible common equity Average common shareholders equity $1,242,805 $1,252,252 $1,182,148 $1,140,391 $1,147,585 Less: Intangible assets (14) (11) - - - Average tangible common equity $1,242,791 $1,252,241 $1,182,148 $1,140,511 $1,147,585 Return on avg. tangible common equity Net Income $1,675 -$69,775 -$67,513 -$2,439 $14,718 Average tangible common equity $1,242,791 $1,252,241 $1,182,148 $1,140,391 $1,147,585 Return on avg. tangible common equity 0.55% -22.35% -22.66% -0.85% 5.20%

Non-GAAP Reconciliation (Unaudited) APPENDIX - Non-GAAP Recon TABLE and PPNR CHART [date] .xls 37 $ in thousands 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 Efficiency Ratio Net interest income $70,794 $65,649 $67,776 $68,159 $68,303 $63,694 Noninterest income 4,067 8,207 6,414 2,495 12,192 12,708 Operating Revenue $74,861 $73,856 $74,190 $70,654 $80,495 $76,402 Noninterest Expense $44,532 $45,451 $43,470 $41,897 $69,837 $48,740 Efficiency Ratio 59.5% 61.5% 58.6% 59.3% 86.8% 63.8% $ in thousands 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 Pre-Provision Net Revenue Net interest income $70,794 $65,649 $67,776 $68,159 $68,303 $63,694 Non-interest income 4,067 8,207 6,414 2,495 12,192 12,708 Non-interest expense (44,532) (45,451) (43,470) (41,897) (69,837) (48,740) Pre-Provision Net Revenue 30,329 28,405 30,720 28,757 10,658 27,662 $ in thousands Q of Q 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 2026 Q1 Change Total noninterest expense FDIC insurance $9,281 $8,962 $8,077 $6,665 $7,709 $7,009 ($700) Other noninterest expense 35,251 36,489 35,393 35,232 62,128 41,031 ($21,097) Noninterest expense $44,532 $45,451 $43,470 $41,897 $69,837 $48,740 ($21,097)

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 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. Efficiency ratio is a non-GAAP measure calculated by dividing GAAP non-interest expense by the sum of GAAP net interest income and GAAP non-interest (loss) income. 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 efficiency ratio from these GAAP measures. Adjusted PPNR excludes the impact of loan sales in its calculation to provide a clearer view of core operating performance. Management believes this adjusted measure better reflects underlying revenue trends and expense discipline by removing the volatility associated with nonrecurring or opportunistic balance sheet actions. Forward-Looking Non-GAAP Financial Measures: From time to time we may discuss forward-looking non-GAAP financial measures, such as forward-looking estimates for expenses excluding FDIC deposit insurance assessments. We are unable to provide a reconciliation of forward-looking non-GAAP financial measures to their most directly comparable GAAP financial measures because we are unable to provide, without unreasonable effort, a meaningful or accurate calculation or estimation of amounts that would be necessary for the reconciliation due to the complexity and inherent difficulty in forecasting and quantifying future amounts. Such unavailable information could be significant to future results. 38

Source: View Original Filing on SEC EDGAR

FAQ

How did Eagle Bancorp (EGBN) perform financially in Q1 2026?

Eagle Bancorp posted net income of $14.7 million, or $0.48 per share, for Q1 2026, reversing a $2.4 million net loss in Q4 2025. The improvement was driven by lower noninterest expenses and a reduced credit loss provision despite softer net interest income.

What happened to Eagle Bancorp’s net interest margin and net interest income in Q1 2026?

Net interest income declined to $63.7 million in Q1 2026 from $68.3 million in Q4 2025, as earning asset balances and yields fell. However, net interest margin rose to 2.47% from 2.38%, helped by lower funding costs and reduced reliance on brokered deposits.

How strong are Eagle Bancorp’s capital and liquidity positions after Q1 2026?

Eagle Bancorp reported a common equity tier 1 ratio of 13.80% and a tangible common equity ratio of 11.51% at March 31, 2026. Total on-balance sheet liquidity and borrowing capacity were $4.3 billion, covering $2.2 billion of uninsured deposits by more than 195%.

What were Eagle Bancorp’s key credit quality metrics in Q1 2026?

The allowance for credit losses was 2.12% of total loans, and performing office coverage was 7.39% at quarter-end. Nonperforming assets rose to $130.8 million, or 1.31% of assets, while annualized net charge-offs increased to 1.46% of average loans.

How did Eagle Bancorp’s loans and deposits change in Q1 2026?

Total loans, including loans held for sale, were $7.0 billion at March 31, 2026, down about 5% from the prior quarter, mainly from income-producing real estate runoff. Total deposits were $8.6 billion, a $0.5 billion or 6% decline, driven by lower savings, money market, and brokered time deposits.

Did Eagle Bancorp declare a dividend based on Q1 2026 results?

Yes. Eagle Bancorp’s board declared a $0.01 per share common stock cash dividend. The dividend is payable on May 15, 2026 to shareholders of record as of May 4, 2026, reflecting a modest payout while the company focuses on rebuilding earnings.

What is Eagle Bancorp’s outlook for 2026 profitability and expenses?

Management is targeting a 2026 net interest margin of 2.60%–2.80%, noninterest income growth of 15%–25% from $29.3 million, and noninterest expense between $192.7 million and $200.7 million. The effective tax rate outlook was updated to 8%–13%.

Filing Exhibits & Attachments

5 documents

Eagle Bancorp (NASDAQ: EGBN) swings to $14.7M Q1 profit on lower costs

Rhea-AI Filing Summary

Positive

Negative

Insights

8-K Event Classification

Key Figures

Key Terms

Earnings Snapshot

FAQ

How did Eagle Bancorp (EGBN) perform financially in Q1 2026?

What happened to Eagle Bancorp’s net interest margin and net interest income in Q1 2026?

How strong are Eagle Bancorp’s capital and liquidity positions after Q1 2026?

What were Eagle Bancorp’s key credit quality metrics in Q1 2026?

How did Eagle Bancorp’s loans and deposits change in Q1 2026?

Did Eagle Bancorp declare a dividend based on Q1 2026 results?

What is Eagle Bancorp’s outlook for 2026 profitability and expenses?

Filing Exhibits & Attachments

Press Releases

Other Documents

Eagle Bancorp (NASDAQ: EGBN) swings to $14.7M Q1 profit on lower costs

Rhea-AI Filing Summary

Positive

Negative

Insights

Banking and credit risk analyst neutral

8-K Event Classification

Key Figures

Key Terms

Earnings Snapshot

FAQ

How did Eagle Bancorp (EGBN) perform financially in Q1 2026?

What happened to Eagle Bancorp’s net interest margin and net interest income in Q1 2026?

How strong are Eagle Bancorp’s capital and liquidity positions after Q1 2026?

What were Eagle Bancorp’s key credit quality metrics in Q1 2026?

How did Eagle Bancorp’s loans and deposits change in Q1 2026?

Did Eagle Bancorp declare a dividend based on Q1 2026 results?

What is Eagle Bancorp’s outlook for 2026 profitability and expenses?

Filing Exhibits & Attachments

Press Releases

Other Documents