Company profile

EGBN stock data

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Calendar

18 Nov 20
22 Jan 21
31 Dec 21

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
24 Nov 20 Antonio F Marquez Common Stock Gift Aquire G No 0 400 0 1,000
24 Nov 20 Antonio F Marquez Common Stock Gift Dispose G No 0 400 0 31,235
24 Nov 20 Antonio F Marquez Common Stock Gift Aquire G No 0 400 0 1,000
24 Nov 20 Antonio F Marquez Common Stock Gift Dispose G No 0 400 0 31,635
23 Nov 20 Antonio F Marquez Common Stock Gift Dispose G No 0 400 0 32,035
20 May 20 Rheaume Lindsey S Common Stock Sell Dispose S No 31.2261 3,486 108.85K 10,007
20 May 20 Rheaume Lindsey S Common Stock Sell Dispose S No 30.4379 2,141 65.17K 13,493
19 May 20 Rheaume Lindsey S Common Stock Sell Dispose S No 31.0192 2,329 72.24K 15,634
69.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 163 170 -4.1%
Opened positions 22 25 -12.0%
Closed positions 29 14 +107.1%
Increased positions 46 61 -24.6%
Reduced positions 63 58 +8.6%
13F shares
Current Prev Q Change
Total value 2.05B 1.67B +22.6%
Total shares 22.23M 22.31M -0.4%
Total puts 0 11.4K EXIT
Total calls 11.5K 23.2K -50.4%
Total put/call ratio 0.5
Largest owners
Shares Value Change
BLK Blackrock 4.64M $124.18M +0.1%
Vanguard 2.99M $80.08M -4.9%
Wasatch Advisors 2.91M $78.05M -6.1%
Dimensional Fund Advisors 1.53M $41.12M -0.2%
STT State Street 1.11M $29.67M -4.1%
Victory Capital Management 942.59K $25.25M -1.2%
NTRS Northern Trust 603.76K $16.17M -2.7%
Geode Capital Management 487.73K $13.07M +0.8%
RY Royal Bank Of Canada 430.99K $11.55M -0.6%
BK Bank Of New York Mellon 427.33K $11.45M -3.4%
Largest transactions
Shares Bought/sold Change
Wasatch Advisors 2.91M -189.91K -6.1%
Arrowstreet Capital, Limited Partnership 178.65K +165.35K +1242.9%
Davis Capital Partners 161.7K +161.7K NEW
Vanguard 2.99M -154.52K -4.9%
Segall Bryant & Hamill 76.23K +55.34K +264.8%
Jacobs Levy Equity Management 199.39K -53K -21.0%
Parametric Portfolio Associates 101.06K -52.12K -34.0%
STT State Street 1.11M -47.89K -4.1%
Public Employees Retirement System Of Ohio 36.51K -47.77K -56.7%
Assenagon Asset Management 43K +43K NEW

Financial report summary

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Risks
  • The price of our common stock may fluctuate significantly, which may make it difficult for investors to resell shares of common stock at a time or price they find attractive.
  • Shareholders may not be able to readily sell large quantities of common stock at prevailing market prices.
  • Short sellers of our stock may be manipulative and may drive down the market price of our common stock.
  • Our ability to make distributions in respect of our securities may be limited.
  • We may issue additional equity securities, or engage in other transactions, which could affect the priority of our common stock, which may adversely affect the market price of our common stock.
  • Changes in the value of goodwill and intangible assets could reduce our earnings.
  • We may not be able to manage future growth and competition.
  • Substantial regulatory limitations on changes of control and anti-takeover provisions of Maryland law may make it more difficult for shareholders to receive a change in control premium.
  • The economic environment continues to pose significant challenges for us and could adversely affect our financial condition and results of operations.
  • Our financial condition and results of operations would be adversely affected if our allowance for credit losses is not sufficient to absorb actual losses or if we are required to increase our allowance for credit losses.
  • Changes in tax laws could have an adverse effect on us, the banking industry, our customers, the value of collateral securing our loans and demand for loans.
  • Changes in accounting standards could impact reported earnings.
  • Failure to maintain effective systems of internal and disclosure control could have a material adverse effect on our results of operation, financial condition and stock price.
  • Our continued growth depends on our ability to meet minimum regulatory capital levels. Growth and shareholder returns may be adversely affected if sources of capital are not available to help us meet them.
  • Our results of operations, financial condition and the value of our shares may be adversely affected if we are not able to continue to grow our assets.
  • We are subject to liquidity risk in our operations.
  • We may face risks with respect to future expansion or acquisition activity.
  • We will be subject to heightened regulatory requirements if our total assets grow and exceed $10.0 billion.
  • Our concentrations of loans may create a greater risk of loan defaults and losses.
  • Our concentrations of loans may require us to maintain higher levels of capital.
  • Our Residential Lending department may not continue to provide us with significant noninterest income.
  • Our financial condition, earnings and asset quality could be adversely affected if we are required to repurchase loans originated for sale by our Residential Lending department.
  • Our financial condition, earnings and asset quality could be adversely affected if our consumer facing operations do not operate in compliance with applicable regulations.
  • Litigation and regulatory actions, possibly including enforcement actions, could subject us to significant fines, penalties, judgments or other requirements resulting in increased expenses or restrictions on our business activities.
  • Changes in interest rates and other factors beyond our control could have an adverse impact on our financial performance and results.
  • Uncertainty relating to the discontinuation, reform or replacement of LIBOR may adversely affect our results of operations.
  • We may not be able to successfully compete with others for business.
  • The banking industry is highly regulated, and the regulatory framework, together with any future legislative or regulatory changes, may have a materially adverse effect on our operations.
  • Our customers and businesses in the Washington, D.C. metropolitan area in general, may be adversely impacted as a result of changes in government spending.
  • We rely upon independent appraisals to determine the value of the real estate, which secures a significant portion of our loans, and the values indicated by such appraisals may not be realizable if we are forced to foreclose upon such loans.
  • We are exposed to risk of environmental liabilities with respect to properties to which we take title.
  • Our operations rely significantly on certain external vendors.
  • Our operations, including our transactions with customers, are increasingly conducted via electronic means, and this has increased risks related to cybersecurity.
  • A breach or interruption of information security or cyber-related threats could negatively affect our earnings.
  • Failure to keep up with the rapid technological changes in the financial services industry could have a material adverse effect on our competitive position and profitability.
  • We depend on the use of data and modeling in both management’s decision-making, generally, and in meeting regulatory expectations, in particular.
  • We are subject to laws regarding the privacy, information security and protection of personal information, and any violation of these laws or another incident involving personal, confidential, or proprietary information of individuals could damage our reputation and otherwise adversely affect our business.
Management Discussion
  • For the year ended December 31, 2019, the Company’s net income was $142.9 million, a 6% decrease as compared to $152.3 million for the year ended December 31, 2018.
  • Where appropriate, parenthetical references refer to operating earnings, which the Company believes are more relevant comparisons to current and historical period results of operations. Reconciliations of 2017 GAAP earnings to operating earnings are contained in the tables under “Selected Financial Data”.
  • For the year ended December 31, 2019, net income was $4.18 per basic and diluted common share as compared to $4.44 per basic common share and $4.42 per diluted common share for 2018, a 6% decrease in basic and 5% decrease in diluted earnings per share for the full year of 2019 as compared to 2018.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
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Removed: calculating, closed, foregoing, grew, GSE, incentive, Interfinancial, parent, preclude, Promontory, Reinvestment, sector, sublease