Eagle Bancorp found using ticker (EGBN) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 45 and 32 and has a mean target at 39.25. Given that the stocks previous close was at 45.25 this would indicate that there is a downside of -13.3%. There is a 50 day moving average of 40.81 and the 200 day MA is 32.86. The company has a market capitalisation of $1,468m. Visit the company website at: http://www.eaglebankcorp.com
Eagle Bancorp operates as the bank holding company for EagleBank that provides commercial and consumer banking services primarily in the United States. It accepts business and personal checking, NOW, tiered savings, and money market accounts, as well as individual retirement, certificate of deposit, and investment sweep accounts; and time deposits. The company also offers various commercial and consumer lending products comprising commercial loans for working capital, equipment purchases, real estate lines of credit, and government contract financing; asset based lending and accounts receivable financing; construction and commercial real estate loans; business equipment financing; consumer home equity lines of credit, personal lines of credit, and term loans; consumer installment loans, such as auto and personal loans; personal credit cards; and residential mortgage loans. In addition, it provides online and mobile banking services; and other services, including cash management services, business sweep accounts, lock boxes, remote deposit captures, account reconciliation services, merchant card services, safety deposit boxes, and automated clearing house origination, as well as after-hours depositories and ATM services. Further, the company offers insurance products and services through a referral program, as well as investment advisory services. The company serves sole proprietors, small and medium-sized businesses, partnerships, corporations, non-profit organizations and associations, and individuals, as well as investors. As of December 31, 2019, it operated 20 banking offices comprising 6 in Suburban Maryland, 5 in the District of Columbia, and 9 in Northern Virginia. Eagle Bancorp was founded in 1997 and is headquartered in Bethesda, Maryland.