BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Eagle Bancorp Inc. (EGBN) on Wednesday reported second-quarter profit of $6.9 million.
The Bethesda, Maryland-based bank said it had earnings of 23 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share.
The bank holding company posted revenue of $137.3 million in the period. Its revenue net of interest expense was $73.1 million, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $74.6 million.
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