The streak is over: EagleBank’s run of record earnings ends


Every consecutive quarter for the last 10 years, Eagle Bancorp Inc.'s profits have grown — a fact celebrated in press release after press release that proclaimed “record earnings” since 2009.

Until last quarter.

The still highly profitable bank reported net income of $33.7 million for the first three months of 2019, down both from the $35.7 million reported during same period a year ago — the typical way public companies compare earnings — and the $40.3 million reported during the fourth…

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