Eagle Bancorp (NASDAQ:EGBN) Stock, Quote.Headers.trade-ideas

Eagle Bancorp

Eagle Bancorp Inc is a bank holding company that operates through its wholly-owned subsidiary, EagleBank which offers a broad range of commercial banking services to business and professional clients, and consumer banking services to individuals. These services include commercial loans for a variety of business purposes such as 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 loans, personal credit cards, residential mortgage loans.

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These three ETFs rallied on Friday after Jerome Powell promised to &#34;adjust&#34; policy: regional banks, solar, and home builders.

Powell&#39;s Dovish Stance Ignites Rally In Stocks Craving Lower Borrowing Costs: 3 ETFs Positioned For Fed Rate Cuts

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Federal Reserve Chairman Jerome Powell has dispelled any remaining uncertainty by signaling that the central bank is preparing to shift its monetary policy, effectively paving the way for imminent interest rate cuts. 

Russell 2000 Outshines S&amp;P 500, Nasdaq 100 As Powell Eyes Rate Cuts; Dollar Sinks, Regional Banks Rocket: What&#39;s Driving Markets Friday?

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Inflation unexpectedly surges, shattering hopes for Fed rate cuts &amp; sending stocks down. Core inflation also exceeded expectations. No sector escapes losses, with real estate hit hardest.

Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors

Eagle Bancorp Inc

Certain exchange-traded funds, or ETFs, experienced a significant surge following Fed Chair Jerome Powell&#8217;s speech at <a href="https://www.benzinga.com/etfs/sector-etfs/24/08/40529209/jerome-powell-time-has-come-for-interest-rate-cuts-cooling-in-labor-market-unmistakable">the Jackson Hole Symposium</a>.
&#8220;The time has come for policy to adjust,&#8221; Powell said in a speech. 
The reassuring statement regarding upcoming rate cuts sparked a strong rally in the most interest rate-sensitive corners of the stock <a href="https://www.benzinga.com/markets/equities/24/08/40530908/powells-rate-cut-signal-triggers-small-cap-rally-gold-makes-record-highs-dollar-tumbles-7-etfs-o">market during Friday&#8217;s session.</a> Here&#8217;s a look at three of the top-performing industry ETFs on Friday: regional banks, solar, and home builders.
See Also: <a href="https://www.benzinga.com/news/24/08/40532443/strong-economy-doesnt-justify-4-rate-cuts-this-year-how-about-3-what-experts-are-saying">Strong Economy Doesn&#8217;t &#8216;Justify&#8217; 4 Rate Cuts This Year: How About 3? What Experts Are Saying</a>
<h2 class="wp-block-heading">1) Regional Banks</h2>
The SPDR S&amp;P Regional Banking ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) surged 5% by 3:00 p.m. ET, setting up for its strongest session since December 2023. 
Notably, all 141 of its constituents posted gains, underscoring a broad-based rally across the regional banking industry. 
Eagle Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NYSE">EGBN</a>), United Community Banks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UCB#NYSE">UCB</a>) and Valley National Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NYSE">VLY</a>) were the strongest performers, up 10.6%, 9.6% and 8.7%, respectively.
Regional banks benefit from lower interest rates mainly because borrowing costs go down, resulting in higher loan demand among customers.
Additionally, U.S. regional banks can find a relief from decreased stress on their non-performing exposures, especially in commercial real estate, as reduced borrowing costs can encourage those firms to refinance their debt or invest in their businesses, thereby improving their ability to meet financial obligations.
<h2 class="wp-block-heading">2) Solar </h2>
The Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) soared 4.6% on Friday, marking its best session since late May 2024. 
Top gainers were Sunnova Energy International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NOVA#NASDAQ">NOVA</a>) and SolarEdge Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEDG#NASDAQ">SEDG</a>) up 13.7% and 12.5%, respectively. 
Solar companies often require substantial upfront capital to finance the development and installation of solar projects. Lower interest rates reduce the cost of borrowing, making it cheaper for these companies to fund their projects.
<h2 class="wp-block-heading">3) Home Builders</h2>
The iShares Home Construction ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ITB#NYSE">ITB</a>) gained 3.8%, on track to close Friday&#8217;s session at fresh record highs. 
Top-performing names within this industry included Builders FirstSource, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLDR#NYSE">BLDR</a>), Dream Finders Homes, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFH#NYSE">DFH</a>) and Arhaus, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARHS#NYSE">ARHS</a>), all screening gains above 7%. 
Increased housing demand due to more affordable mortgage rates and lower financing costs represent tailwinds for the home construction business. 
<h2 class="wp-block-heading">Chart: Regional Banks, Solar Energy, Home Builders Rally</h2>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="459" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23150757/image-234-1024x459.png" alt="" class="wp-image-511618" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23150757/image-234-1024x459.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23150757/image-234-300x135.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23150757/image-234-768x344.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23150757/image-234-1536x689.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/08/23150757/image-234.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image: <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent082324&amp;t=be2bearmibe3na1">Benzinga Pro</a></figcaption></figure>
The market interpreted Powell&#8217;s remarks as a green light for the first interest rate cut at the imminent September Open Market Committee meeting. However, Powell provided no indications regarding the size of the cut or the future trajectory of interest rates.
Powell paved the way for a turnaround in companies most negatively impacted by the recent surge in interest rates. Markets had already fully priced in a September rate cut and over 85 basis points of cuts by year-end.
&#8220;Fed Chair Jerome Powell was dovish in his Jackson Hole&nbsp;speech&nbsp;today. He didn&#8217;t hedge. He didn&#8217;t push back against market expectations of several rate cuts ahead as we anticipated he might,&#8221; Ed Yardeni, president at Yardeni Research, commented. 
&#8220;Fed Chair Powell took a dovish tone at Jackson Hole, sounding more preemptive on the labor market and locking in a September cut,&#8221; Bank of America economist Aditya Bhave&nbsp;stated. 
Powell &#8220;struck a dovish tone on the labor market and more firmly emphasized that the Fed's tolerance for labor market cooling had reached its limits and any further weakening would be unwelcome," Goldman Sachs economist Jan Hatzius stated. 
Don&#8217;t miss the opportunity to dominate in a volatile market at the <a href="https://www.benzinga.com/events/small-cap/global-small-cap-conference-2024/" target="_blank" rel="noreferrer noopener">Benzinga SmallCAP Conference</a> on Oct. 9-10 at the Chicago Marriott Downtown Magnificent Mile. Get exclusive access to CEO presentations, 1:1 meetings with investors, and valuable insights from top financial experts. Whether you&#8217;re a trader, entrepreneur, or investor, this event offers unparalleled opportunities to grow your portfolio and network with industry leaders. Secure your spot and get your tickets today!
Read now: 
<ul>
<li><a href="https://www.benzinga.com/government/24/08/40532173/powell-removes-any-uncertainty-around-september-rate-cuts-in-jackson-hole-speech-economists">Powell Removes &#8216;Any Uncertainty&#8217; Around September Rate Cuts In Jackson Hole Speech: Economists</a></li>
</ul>

Powell's Dovish Stance Ignites Rally In Stocks Craving Lower Borrowing Costs: 3 ETFs Positioned For Fed Rate Cuts

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Shares of banking companies are trading higher amid overall market strength following Fed Chair Powell's comments about the economy and future rate cuts.

Federal Reserve Chairman Jerome Powell has dispelled any remaining uncertainty by signaling that the central bank is preparing to shift its monetary policy, effectively paving the way for <a href="https://www.benzinga.com/etfs/sector-etfs/24/08/40529209/jerome-powell-time-has-come-for-interest-rate-cuts-cooling-in-labor-market-unmistakable">imminent interest rate cuts. </a>
His remarks triggered a rally in rate-sensitive assets and pushed the dollar towards the lowest close since July 2023.
&#8220;The time has come for policy to adjust. The direction of travel is clear,&#8221; Powell announced at the<a href="https://www.benzinga.com/topic/jackson-hole"> Jackson Hole Symposium </a>on Friday in Wyoming.
Powell expressed increased confidence in inflation returning to the 2% target and highlighted a heightened focus on the labor market, noting that conditions are cooling.
The market found significant support in Powell&#8217;s indication the Federal Reserve has &#8220;ample room&#8221; to respond to any emerging risks.
Small-cap stocks <a href="https://www.benzinga.com/markets/equities/24/08/40530908/powells-rate-cut-signal-triggers-small-cap-rally-gold-makes-record-highs-dollar-tumbles-7-etfs-o">emerged as clear winners</a> following Powell&#8217;s speech on Friday, with the Russell 2000 index surging by 3% by midday trading in New York. Traders flocked to these companies, anticipating significant relief from the prospect of lower borrowing costs.
Regional banks, as tracked by the SPDR S&amp;P Regional Banking (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>), were the brightest market spot, with the industry gauge rallying over 4.5%. All of its 141 constituents showed a positive performance. 
In contrast, large-cap indices maintained their gains from the market open, showing only little reaction to Powell&#8217;s remarks.
In the forex market, the dollar extended its decline, falling by 0.7% and heading toward its fifth negative weekly close with the sharpest decline since mid-November 2023. The decline in Treasury yields weighed on the greenback.
Commodities rallied, with gold up over 1.1% setting fresh all-time highs, and silver soaring 2.5%. Crude oil also surged, up 2.4%, while copper gained 1.7%. 
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) rose 2.25% to $61,863.
<h1 class="wp-block-heading">Friday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,214.91</td>
<td>3.0%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,605.24</td>
<td>0.6%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>40,948.96</td>
<td>0.6%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,602.01</td>
<td>0.6%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent082324&amp;t=be2bearmibe3na1">Benzinga Pro</a> data: 
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;was 0.5% higher to $559.11.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 0.6% to $409.93.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.5% to $477.32.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 3% to $220.06.</li>
<li>The Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) outperformed, by 1.6%. The Consumer Staples Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, down by 0.2%.</li>
</ul>
<h1 class="wp-block-heading">Friday&#8217;s Stock Movers</h1>
<ul>
<li>Restaurant chain Cava Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) rallied 23%, after upbeat financial results last quarter.</li>
<li>Other stocks reacting to earnings were BILL Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BILL#NYSE">BILL</a>) down over 5%; Buckle, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKE#NYSE">BKE</a>) up 6.9%; Ross Stores, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROST#NASDAQ">ROST</a>) up 1.3%; Ubiquiti Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UI#NYSE">UI</a>) up 5.9 and Workday, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>), up over 11%.</li>
<li>Roku Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) rallied over 12% after Guggenheim upgraded the stock from Neutral to Buy. </li>
<li>Mortgage-sensitive Redfin Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDFN#NASDAQ">RDFN</a>) rallied over 20%. </li>
<li>Within regional banks, Eagle Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NYSE">EGBN</a>), United Community Banks Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UCB#NYSE">UCB</a>) and Valley National Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NYSE">VLY</a>) were the strongest performers, up 10.5%, 9.6% and 8.5%, respectively. </li>
</ul>
Read More: • <a href="https://www.benzinga.com/government/24/08/40532173/powell-removes-any-uncertainty-around-september-rate-cuts-in-jackson-hole-speech-economists">Powell Removes &#8216;Any Uncertainty&#8217; Around September Rate Cuts In Jackson Hole Speech: Economists</a> 
Don&#8217;t miss the opportunity to dominate in a volatile market at the&nbsp;<a href="https://www.benzinga.com/events/small-cap/global-small-cap-conference-2024/" target="_blank" rel="noreferrer noopener">Benzinga SmallCAP Conference</a>&nbsp;on Oct. 9-10 at the Chicago Marriott Downtown Magnificent Mile. Get exclusive access to CEO presentations, 1:1 meetings with investors, and valuable insights from top financial experts. Whether you&#8217;re a trader, entrepreneur, or investor, this event offers unparalleled opportunities to grow your portfolio and network with industry leaders. Secure your spot and get your tickets today!
This image was created using artificial intelligence MidJourney

Russell 2000 Outshines S&P 500, Nasdaq 100 As Powell Eyes Rate Cuts; Dollar Sinks, Regional Banks Rocket: What's Driving Markets Friday?

Keefe, Bruyette &amp; Woods analyst Catherine Mealor maintains Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) with a Market Perform and raises the price target from $20 to $22.

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Price Target

Analyst Ratings

Keefe, Bruyette & Woods Maintains Market Perform on Eagle Bancorp, Raises Price Target to $22

Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) reported quarterly earnings of $0.67 per share which beat the analyst consensus estimate of $0.42 by 59.52 percent. The company reported quarterly sales of $71.353 million which missed the analyst consensus estimate of $75.000 million by 4.86 percent. This is a 0.64 percent decrease over sales of $71.811 million the same period last year.

Earnings

Earnings Beats

Earnings Misses

Eagle Bancorp Q2 2024 Adj EPS $0.67 Beats $0.42 Estimate, Sales $71.353M Miss $75.000M Estimate

Eagle Bancorp shares are trading lower after the company reported worse-than-expected Q1 GAAP EPS results.

Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) reported quarterly losses of $(0.01) per share which missed the analyst consensus estimate of $0.59 by 101.69 percent. This is a 101.28 percent decrease over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $74.698 million which beat the analyst consensus estimate of $74.010 million by 0.93 percent. This is a 0.43 percent decrease over sales of $75.024 million the same period last year.

Eagle Bancorp Q1 2024 GAAP EPS $(0.01) Misses $0.59 Estimate, Sales $74.698M Beat $74.010M Estimate

A fresh unexpected surge in inflation blindsided markets, shattering hopes for imminent Fed rate cuts and sending stocks down across the board. In March 2024, the annual Consumer Price Index (CPI) inflation rate surged to 3.5%, up from February&#8217;s 3.2%, surpassing <a href="https://www.benzinga.com/markets/commodities/24/04/38181302/inflation-rises-more-than-expected-to-3-5-in-march-derails-june-rate-cut-hopes">expectations set at 3.4%. </a>
Adding to concerns, core inflation, which excludes energy and food, also exceeded expectations, reaching 3.8% compared to the anticipated 3.7%, dismissing any justifications solely attributed to higher gasoline price pressures. 
Consequently, investors sharply revised down their expectations for Fed rate cuts, now anticipating the commencement of any easing policy no earlier than September, with less than two rate cuts expected by year-end.
<h3 class="wp-block-heading">What&#8217;s Hot/Cold In The CPI Basket?</h3>
Expenditure categories witnessing the highest month-over-month seasonally adjusted price increase in March were: 
<ul>
<li>Motor vehicle insurance: +2.6%</li>
<li>Motor vehicle maintenance and repair: +1.7%</li>
<li>Gasoline (all types): +1.7%</li>
<li>Hospital services: +1%</li>
<li>Meats, poultry, fish, and eggs: +0.9%</li>
</ul>
Those showing the lowest monthly inflation were: 
<ul>
<li>Fuel oil: down 1.3%</li>
<li>Used cars and trucks: down 1.1%</li>
<li>Cereals and bakery products: down 0.9%</li>
<li>Other food at home: down 0.5%</li>
<li>Airline fares: down 0.4%</li>
</ul>
<h3 class="wp-block-heading">Wednesday&#8217;s Sector Performance </h3>
By midday trading in New York, losses were broad-based within indices. 
<ul>
<li>454 out of S&amp;P 500 stocks traded in the red</li>
<li>93 Nasdaq 100 stocks were negative</li>
<li>1,783 out of Russell 2000 stocks were negative</li>
<li>898 out of Russell 1000 stocks were negative</li>
</ul>
No sectors managed to evade daily losses, with rate-sensitive pockets of the markets, such as real estate, feeling the brunt more acutely than others.
Energy managed to hold almost steady, as rising gasoline prices improved the outlook for oil companies. 
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Sector</th>
<th>1-Day %Chg</th>
</tr>
</thead>
<tbody>
<tr>
<td> Energy&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)</td>
<td>-0.15%</td>
</tr>
<tr>
<td>Consumer Staples&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>)</td>
<td>-0.75%</td>
</tr>
<tr>
<td>Communication Services Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>)</td>
<td>-0.92%</td>
</tr>
<tr>
<td>Industrials&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>)</td>
<td>-0.93%</td>
</tr>
<tr>
<td>Health Care&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>)</td>
<td>-1.07%</td>
</tr>
<tr>
<td>Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)</td>
<td>-1.17%</td>
</tr>
<tr>
<td>Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)</td>
<td>-1.35%</td>
</tr>
<tr>
<td>Consumer Discretionary&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)</td>
<td>-1.44%</td>
</tr>
<tr>
<td>Materials&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>)</td>
<td>-1.54%</td>
</tr>
<tr>
<td>Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>)</td>
<td>-1.93%</td>
</tr>
<tr>
<td>Real Estate&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>)</td>
<td>-3.85%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated At 11:40 a.m. ET</figcaption></figure>
Nine real-estate stocks tumbled by more than 7%: 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>1-Day %</td>
</tr>
<tr>
<td>Opendoor Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPEN#NYSE">OPEN</a>)</td>
<td>-10.04%</td>
</tr>
<tr>
<td>Global Net Lease, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GNL#NYSE">GNL</a>)</td>
<td>-9.83%</td>
</tr>
<tr>
<td>Peakstone Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKST#NYSE">PKST</a>)</td>
<td>-9.26%</td>
</tr>
<tr>
<td>Hudson Pacific Properties, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPP#NYSE">HPP</a>)</td>
<td>-8.82%</td>
</tr>
<tr>
<td>Anywhere Real Estate Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HOUS#NYSE">HOUS</a>)</td>
<td>-8.36%</td>
</tr>
<tr>
<td>Piedmont Office Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PDM#NYSE">PDM</a>)</td>
<td>-7.77%</td>
</tr>
<tr>
<td>RE/MAX Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMAX#NYSE">RMAX</a>)</td>
<td>-7.75%</td>
</tr>
<tr>
<td>eXp World Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXPI#NYSE">EXPI</a>)</td>
<td>-7.63%</td>
</tr>
<tr>
<td>Douglas Emmett, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DEI#NYSE">DEI</a>)</td>
<td>-7.44%</td>
</tr>
<tr>
<td>Office Properties Income Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPI#NYSE">OPI</a>)</td>
<td>-7.31%</td>
</tr>
</tbody>
</table>
</figure>
Looking at different industries, regional banks and solar stocks fell the most. 
<ul>
<li>The SPDR S&amp;P Regional Bank ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KRE#NYSE">KRE</a>) fell 4.7%, on track for the worst day since late January. </li>
<li>The Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) fell 4.5%</li>
</ul>
Eight regional bank stocks tumbled more than 7% Wednesday: 
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>1-Day %</td>
</tr>
<tr>
<td>Lakeland Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBAI#NYSE">LBAI</a>)</td>
<td>-8.96%</td>
</tr>
<tr>
<td>Provident Financial Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PFS#NYSE">PFS</a>)</td>
<td>-8.84%</td>
</tr>
<tr>
<td>Valley National Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLY#NYSE">VLY</a>)</td>
<td>-8.44%</td>
</tr>
<tr>
<td>ServisFirst Bancshares, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SFBS#NYSE">SFBS</a>)</td>
<td>-7.81%</td>
</tr>
<tr>
<td>New York Community Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NYCB#NYSE">NYCB</a>)</td>
<td>-7.61%</td>
</tr>
<tr>
<td>OceanFirst Financial Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OCFC#NYSE">OCFC</a>)</td>
<td>-7.58%</td>
</tr>
<tr>
<td>Flushing Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFIC#NYSE">FFIC</a>)</td>
<td>-7.53%</td>
</tr>
<tr>
<td>Eagle Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NYSE">EGBN</a>)</td>
<td>-7.50%</td>
</tr>
</tbody>
</table>
</figure>
Read now: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38186082/this-puts-the-fed-in-quite-a-tricky-position-7-economists-weigh-in-on-march-inflati">&#8216;This Puts The Fed In Quite A Tricky Position&#8217;: 7 Economists Weigh In On March Inflation Report</a>
Image generated using artificial intelligence via Midjourney.

EagleBank Provides $50M Loan To EB5 USA Immigration To Promote Foreign Investment In Real Estate

By the end of today, February 16, 2024, Tompkins Finl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TMP#AMEX">TMP</a>) is set to deliver a dividend payout of $0.60 per share, equating to an annualized dividend yield of 4.42%. The company's dividend payout went ex-dividend on February 08, 2024, so only the investors that owned the stock prior to the ex-dividend date will receive this payout. 
<h3>Tompkins Finl Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-08</td>
<td style="text-align: right;">4</td>
<td>$0.6</td>
<td>4.42%</td>
<td>2024-01-26</td>
<td>2024-02-09</td>
<td>2024-02-16</td>
</tr>
<tr>
<td>2023-11-06</td>
<td style="text-align: right;">4</td>
<td>$0.6</td>
<td>4.78%</td>
<td>2023-10-27</td>
<td>2023-11-07</td>
<td>2023-11-15</td>
</tr>
<tr>
<td>2023-07-31</td>
<td style="text-align: right;">4</td>
<td>$0.6</td>
<td>4.0%</td>
<td>2023-07-21</td>
<td>2023-08-01</td>
<td>2023-08-12</td>
</tr>
<tr>
<td>2023-05-08</td>
<td style="text-align: right;">4</td>
<td>$0.6</td>
<td>4.07%</td>
<td>2023-04-28</td>
<td>2023-05-09</td>
<td>2023-05-16</td>
</tr>
<tr>
<td>2023-02-06</td>
<td style="text-align: right;">4</td>
<td>$0.6</td>
<td>3.21%</td>
<td>2023-01-27</td>
<td>2023-02-07</td>
<td>2023-02-15</td>
</tr>
<tr>
<td>2022-11-07</td>
<td style="text-align: right;">4</td>
<td>$0.6</td>
<td>2.98%</td>
<td>2022-10-28</td>
<td>2022-11-08</td>
<td>2022-11-15</td>
</tr>
<tr>
<td>2022-08-01</td>
<td style="text-align: right;">4</td>
<td>$0.57</td>
<td>3.04%</td>
<td>2022-07-22</td>
<td>2022-08-02</td>
<td>2022-08-12</td>
</tr>
<tr>
<td>2022-05-09</td>
<td style="text-align: right;">4</td>
<td>$0.57</td>
<td>3.01%</td>
<td>2022-04-29</td>
<td>2022-05-10</td>
<td>2022-05-16</td>
</tr>
<tr>
<td>2022-02-07</td>
<td style="text-align: right;">4</td>
<td>$0.57</td>
<td>2.85%</td>
<td>2022-01-28</td>
<td>2022-02-08</td>
<td>2022-02-15</td>
</tr>
<tr>
<td>2021-11-01</td>
<td style="text-align: right;">4</td>
<td>$0.57</td>
<td>2.8%</td>
<td>2021-10-22</td>
<td>2021-11-02</td>
<td>2021-11-15</td>
</tr>
<tr>
<td>2021-08-02</td>
<td style="text-align: right;">4</td>
<td>$0.54</td>
<td>2.92%</td>
<td>2021-07-23</td>
<td>2021-08-03</td>
<td>2021-08-13</td>
</tr>
<tr>
<td>2021-05-10</td>
<td style="text-align: right;">4</td>
<td>$0.54</td>
<td>2.76%</td>
<td>2021-04-30</td>
<td>2021-05-11</td>
<td>2021-05-17</td>
</tr>
</tbody>
</table>
In terms of dividend yield, Tompkins Finl finds itself in the middle ground among its industry peers, while Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) takes the lead with the highest annualized dividend yield at 7.26%.
<h3>Analyzing Tompkins Finl Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1708095912_0.png" alt="dividend chart graph" />
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $2.10 in 2020 to $2.40 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
<h3>YoY Earnings Growth For Tompkins Finl</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1708095912_1.png" alt="earning chart graph" />
From 2020 to 2023, Tompkins Finl experienced a decrease in earnings per share, dropping from $5.03 to $0.95. This declining earnings trend may be worrisome for income-seeking investors, as it indicates a potential impact on the company's ability to sustain or increase its cash dividend payouts. Further analysis is necessary to understand the underlying reasons for this decrease.
<h3>Recap</h3>
In this article, we explore the recent dividend payout of Tompkins Finl and its significance for shareholders. The company has decided to distribute a dividend of $0.60 per share today, which equates to an annualized dividend yield of 4.42%.
In terms of dividend yield, Tompkins Finl finds itself in the middle ground among its industry peers, while Eagle Bancorp takes the lead with the highest annualized dividend yield at 7.26%.
With dividend per share increasing and earnings per share decreasing from 2020 to 2023, Tompkins Finl seems to be emphasizing the distribution of profits to investors despite the decline in profitability.
It is advisable for investors to monitor the company's performance in the coming quarters to stay in the loop about any adjustments in financials or dividend disbursements.
[See current stock movements Tompkins Finl on Benzinga.](https://www.benzinga.com/quote/Tompkins Finl (AMEX:TMP))
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Dividends

Adapting to Market Pressures: Tompkins Finl Supports Investors amidst Changing Profits

Today, February 15, 2024, Lakeland Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LBAI#NASDAQ">LBAI</a>) will distribute a dividend payout of $0.14 per share, highlighting an annualized dividend yield of 4.00%. Shareholders who owned the stock before the ex-dividend date on February 02, 2024 will be eligible for this payout.
<h3>Lakeland Bancorp Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-02-02</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>4.0%</td>
<td>2024-01-23</td>
<td>2024-02-05</td>
<td>2024-02-15</td>
</tr>
<tr>
<td>2023-11-03</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>5.22%</td>
<td>2023-10-24</td>
<td>2023-11-06</td>
<td>2023-11-16</td>
</tr>
<tr>
<td>2023-08-04</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>3.74%</td>
<td>2023-07-25</td>
<td>2023-08-07</td>
<td>2023-08-16</td>
</tr>
<tr>
<td>2023-05-05</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>3.93%</td>
<td>2023-04-25</td>
<td>2023-05-08</td>
<td>2023-05-17</td>
</tr>
<tr>
<td>2023-02-03</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>3.14%</td>
<td>2023-01-24</td>
<td>2023-02-06</td>
<td>2023-02-16</td>
</tr>
<tr>
<td>2022-11-04</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>3.31%</td>
<td>2022-10-25</td>
<td>2022-11-07</td>
<td>2022-11-17</td>
</tr>
<tr>
<td>2022-08-05</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>3.8%</td>
<td>2022-07-26</td>
<td>2022-08-08</td>
<td>2022-08-17</td>
</tr>
<tr>
<td>2022-05-06</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>3.62%</td>
<td>2022-04-26</td>
<td>2022-05-09</td>
<td>2022-05-18</td>
</tr>
<tr>
<td>2022-02-04</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>2.82%</td>
<td>2022-01-24</td>
<td>2022-02-07</td>
<td>2022-02-17</td>
</tr>
<tr>
<td>2021-11-04</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>3.0%</td>
<td>2021-10-22</td>
<td>2021-11-05</td>
<td>2021-11-15</td>
</tr>
<tr>
<td>2021-07-30</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>3.4%</td>
<td>2021-07-21</td>
<td>2021-08-02</td>
<td>2021-08-13</td>
</tr>
<tr>
<td>2021-05-06</td>
<td style="text-align: right;">4</td>
<td>$0.14</td>
<td>3.17%</td>
<td>2021-04-23</td>
<td>2021-05-07</td>
<td>2021-05-18</td>
</tr>
</tbody>
</table>
With a dividend yield that places it neither at the top nor the bottom, Lakeland Bancorp finds itself in the middle among its industry peers, while Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) boasts the highest annualized dividend yield at 7.64%.
<h3>Analyzing Lakeland Bancorp Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1708009519_0.png" alt="dividend chart graph" />
During the period of 2020 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $0.50 to $0.58, reflecting the company's focus on providing greater returns to its shareholders.
<h3>YoY Earnings Growth For Lakeland Bancorp</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1708009519_1.png" alt="earning chart graph" />
From 2020 to 2023, Lakeland Bancorp experienced a growth in earnings per share, with an increase from $1.12 to $1.50. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
<h3>Recap</h3>
In this article, we delve into Lakeland Bancorp's recent dividend payout and examine how it impacts shareholders. The company has announced a dividend distribution of $0.14 per share today, resulting in an annualized dividend yield of 4.00%.
With a dividend yield that places it neither at the top nor the bottom, Lakeland Bancorp finds itself in the middle among its industry peers, while Eagle Bancorp boasts the highest annualized dividend yield at 7.64%.
The increase in both dividend per share and earnings per share from 2020 to 2023 for Lakeland Bancorp indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
\To read more news on Lakeland Bancorp <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Exceeding Expectations: Lakeland Bancorp Achieves Strong Performance and Rewards Investors

On February 05, 2024, Old Second Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSBC#NASDAQ">OSBC</a>) will distribute a dividend payout of $0.05 per share, equating to an annualized dividend yield of 1.33%. Shareholders who owned the stock before the ex-dividend date on January 25, 2024 will receive this payout.
<h3>Old Second Bancorp Recent Dividend Payouts</h3>
<style>
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 width: 100%;
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 font-family: Arial, sans-serif;
 font-size: 14px;
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<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-01-25</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.33%</td>
<td>2024-01-16</td>
<td>2024-01-26</td>
<td>2024-02-05</td>
</tr>
<tr>
<td>2023-10-26</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.47%</td>
<td>2023-10-17</td>
<td>2023-10-27</td>
<td>2023-11-06</td>
</tr>
<tr>
<td>2023-07-27</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.43%</td>
<td>2023-07-18</td>
<td>2023-07-28</td>
<td>2023-08-07</td>
</tr>
<tr>
<td>2023-04-27</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.49%</td>
<td>2023-04-18</td>
<td>2023-04-28</td>
<td>2023-05-08</td>
</tr>
<tr>
<td>2023-01-26</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.21%</td>
<td>2023-01-17</td>
<td>2023-01-27</td>
<td>2023-02-06</td>
</tr>
<tr>
<td>2022-10-27</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.39%</td>
<td>2022-10-18</td>
<td>2022-10-28</td>
<td>2022-11-07</td>
</tr>
<tr>
<td>2022-07-28</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.4%</td>
<td>2022-07-19</td>
<td>2022-07-29</td>
<td>2022-08-08</td>
</tr>
<tr>
<td>2022-04-28</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.41%</td>
<td>2022-04-19</td>
<td>2022-04-29</td>
<td>2022-05-09</td>
</tr>
<tr>
<td>2022-01-27</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.41%</td>
<td>2022-01-18</td>
<td>2022-01-28</td>
<td>2022-02-07</td>
</tr>
<tr>
<td>2021-10-28</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.52%</td>
<td>2021-10-19</td>
<td>2021-10-29</td>
<td>2021-11-08</td>
</tr>
<tr>
<td>2021-07-29</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.62%</td>
<td>2021-07-21</td>
<td>2021-07-30</td>
<td>2021-08-09</td>
</tr>
<tr>
<td>2021-04-29</td>
<td style="text-align: right;">4</td>
<td>$0.05</td>
<td>1.55%</td>
<td>2021-04-20</td>
<td>2021-04-30</td>
<td>2021-05-10</td>
</tr>
</tbody>
</table>
Old Second Bancorp lags behind its industry peers in terms of dividend yield, with Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) surpassing it with a higher annualized dividend yield of 7.37%.
<h3>Analyzing Old Second Bancorp Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1707145505_0.png" alt="dividend chart graph" />
The company demonstrated a positive dividend growth pattern from 2020 to 2023, with the dividend per share rising from $0.04 to $0.20. This signifies the company's commitment to consistently increasing shareholder dividends.
<h3>YoY Earnings Growth For Old Second Bancorp</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1707145505_1.png" alt="earning chart graph" />
From 2020 to 2023, Old Second Bancorp has demonstrated an upward trend in earnings, with earnings per share rising from $1.16 to $2.16. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
<h3>Recap</h3>
This article takes an in-depth look at Old Second Bancorp's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.05 per share today, translating to an annualized dividend yield of 1.33%.
Old Second Bancorp lags behind its industry peers in terms of dividend yield, with Eagle Bancorp surpassing it with a higher annualized dividend yield of 7.37%.
Given that Old Second Bancorp has experienced an increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, it could signal that the company is in good financial standing and that they could be positioned to continue distributing their profits back to their investors.
Keeping a close watch on the company's performance in the coming quarters will enable investors to stay abreast of any modifications in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

OSBC

Exceeding Expectations: Old Second Bancorp Achieves Strong Performance and Rewards Investors

BSBR

CADE

FFWM

TBBK

ZION

Shares of bank stocks are trading lower amid overall market weakness after the Federal Reserve left rates unchanged.

Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:15 PM.
Here's what investors need to know about the announcement.
<h3>Earnings</h3>
Eagle Bancorp missed estimated earnings by 1.47%, reporting an EPS of $0.67 versus an estimate of $0.68.
Revenue was down $12.61 million from the same period last year.
<h3>Past Earnings Performance</h3>
Last quarter the company beat on EPS by $0.19 which was followed by a 13.35% increase in the share price the next day.
Here's a look at Eagle Bancorp's past performance:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.72</td>
<td>0.68</td>
<td>1.13</td>
<td>1.16</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.91</td>
<td>0.94</td>
<td>0.78</td>
<td>1.32</td>
</tr>
<tr>
<td>Revenue Estimate</td>
<td>69.24M</td>
<td>72.17M</td>
<td>84.38M</td>
<td>84.20M</td>
</tr>
<tr>
<td>Revenue Actual</td>
<td>70.72M</td>
<td>71.81M</td>
<td>75.02M</td>
<td>85.60M</td>
</tr>
</tbody>
</table>

To track all earnings releases for Eagle Bancorp <a href="https://www.benzinga.com/quote/EGBN/earnings">visit their earnings calendar here.</a> 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Recap: Eagle Bancorp Q4 Earnings

Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) reported quarterly earnings of $0.67 per share which missed the analyst consensus estimate of $0.68 by 1.47 percent. The company reported quarterly sales of $72.99 million which beat the analyst consensus estimate of $68.69 million by 6.26 percent. This is a 14.73 percent decrease over sales of $85.60 million the same period last year.

Eagle Bancorp Q4 2023 GAAP EPS $0.67 Misses $0.68 Estimate, Sales $72.99M Beat $68.69M Estimate

<h3>Companies Reporting Before The Bell</h3>
&bull; Freeport-McMoRan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>) is estimated to report quarterly earnings at $0.22 per share on revenue of $5.86 billion.
&bull; General Dynamics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) is estimated to report quarterly earnings at $3.68 per share on revenue of $11.37 billion.
&bull; ASML Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASML#NASDAQ">ASML</a>) is expected to report quarterly earnings at $5.27 per share on revenue of $7.53 billion.
&bull; Blue Foundry (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLFY#NASDAQ">BLFY</a>) is likely to report quarterly loss at $0.15 per share on revenue of $9.55 million.
&bull; Prosperity Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PB#NYSE">PB</a>) is estimated to report quarterly earnings at $1.17 per share on revenue of $280.02 million.
&bull; Progressive (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>) is likely to report quarterly earnings at $2.43 per share on revenue of $15.14 billion.
&bull; Amphenol (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>) is projected to report quarterly earnings at $0.77 per share on revenue of $3.15 billion.
&bull; OFG Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OFG#NYSE">OFG</a>) is expected to report quarterly earnings at $0.93 per share on revenue of $141.62 million.
&bull; Abbott Laboratories (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ABT#NYSE">ABT</a>) is expected to report quarterly earnings at $1.19 per share on revenue of $10.18 billion.
&bull; Stifel Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SF#NYSE">SF</a>) is expected to report quarterly earnings at $1.31 per share on revenue of $1.07 billion.
&bull; Kimberly-Clark (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KMB#NYSE">KMB</a>) is estimated to report quarterly earnings at $1.54 per share on revenue of $4.98 billion.
&bull; United Community Banks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UCBI#NASDAQ">UCBI</a>) is expected to report quarterly earnings at $0.52 per share on revenue of $226.07 million.
&bull; AT&amp;T (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) is expected to report quarterly earnings at $0.56 per share on revenue of $31.48 billion.
&bull; TE Connectivity (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TEL#NYSE">TEL</a>) is projected to report quarterly earnings at $1.71 per share on revenue of $3.86 billion.
&bull; New Oriental Education (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDU#NYSE">EDU</a>) is projected to report quarterly earnings at $0.29 per share on revenue of $814.07 million.
&bull; LG Display Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LPL#NYSE">LPL</a>) is estimated to report quarterly loss at $0.06 per share on revenue of $5.61 billion.
&bull; Teledyne Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDY#NYSE">TDY</a>) is expected to report quarterly earnings at $5.04 per share on revenue of $1.47 billion.
&bull; Textron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXT#NYSE">TXT</a>) is projected to report quarterly earnings at $1.54 per share on revenue of $3.95 billion.
&bull; HBT Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBT#NASDAQ">HBT</a>) is likely to report quarterly earnings at $0.59 per share on revenue of $58.16 million.
&bull; Elevance Health (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELV#NYSE">ELV</a>) is projected to report quarterly earnings at $5.64 per share on revenue of $42.09 billion.
&bull; Simmons First Ntl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFNC#NASDAQ">SFNC</a>) is likely to report quarterly earnings at $0.34 per share on revenue of $204.25 million.
&bull; First BanCorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FBP#NYSE">FBP</a>) is estimated to report quarterly earnings at $0.36 per share on revenue of $206.11 million.
&bull; Sterling Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBT#NASDAQ">SBT</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $16.37 million.
&bull; Monro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNRO#NASDAQ">MNRO</a>) is expected to report quarterly earnings at $0.39 per share on revenue of $324.22 million.
&bull; BOK Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOKF#NASDAQ">BOKF</a>) is likely to report quarterly earnings at $1.75 per share on revenue of $490.40 million.
<h3>Companies Reporting After The Bell</h3>
&bull; Hexcel (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HXL#NYSE">HXL</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $471.69 million.
&bull; CACI International (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CACI#NYSE">CACI</a>) is estimated to report quarterly earnings at $4.47 per share on revenue of $1.84 billion.
&bull; IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) is projected to report quarterly earnings at $3.78 per share on revenue of $17.30 billion.
&bull; Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is estimated to report quarterly earnings at $0.74 per share on revenue of $25.59 billion.
&bull; Lavoro (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVRO#NASDAQ">LVRO</a>) is likely to report quarterly loss at $0.10 per share on revenue of $366.65 million.
&bull; CSX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSX#NASDAQ">CSX</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $3.63 billion.
&bull; Seagate Tech Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STX#NASDAQ">STX</a>) is expected to report quarterly loss at $0.06 per share on revenue of $1.55 billion.
&bull; SLM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLM#NASDAQ">SLM</a>) is likely to report quarterly earnings at $0.89 per share on revenue of $378.36 million.
&bull; American Superconductor (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMSC#NASDAQ">AMSC</a>) is likely to report quarterly loss at $0.06 per share on revenue of $34.00 million.
&bull; First Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FBMS#NASDAQ">FBMS</a>) is expected to report quarterly earnings at $0.68 per share on revenue of $58.42 million.
&bull; Amerant Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMTB#NYSE">AMTB</a>) is estimated to report quarterly earnings at $0.44 per share on revenue of $91.30 million.
&bull; Packaging Corp of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PKG#NYSE">PKG</a>) is projected to report quarterly earnings at $1.83 per share on revenue of $1.91 billion.
&bull; Live Oak Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOB#NYSE">LOB</a>) is projected to report quarterly earnings at $0.44 per share on revenue of $116.63 million.
&bull; Liberty Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LBRT#NYSE">LBRT</a>) is expected to report quarterly earnings at $0.57 per share on revenue of $1.09 billion.
&bull; First Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FRBA#NASDAQ">FRBA</a>) is likely to report quarterly earnings at $0.39 per share on revenue of $29.58 million.
&bull; Raymond James Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>) is expected to report quarterly earnings at $2.26 per share on revenue of $3.06 billion.
&bull; Knight-Swift (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KNX#NYSE">KNX</a>) is likely to report quarterly earnings at $0.44 per share on revenue of $1.97 billion.
&bull; United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) is projected to report quarterly earnings at $10.93 per share on revenue of $3.62 billion.
&bull; Bridgewater Bancshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWB#NASDAQ">BWB</a>) is estimated to report quarterly earnings at $0.25 per share on revenue of $27.00 million.
&bull; WR Berkley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WRB#NYSE">WRB</a>) is likely to report quarterly earnings at $1.38 per share on revenue of $3.21 billion.
&bull; Ameriprise Finl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>) is estimated to report quarterly earnings at $7.69 per share on revenue of $3.88 billion.
&bull; Las Vegas Sands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) is likely to report quarterly earnings at $0.61 per share on revenue of $2.90 billion.
&bull; RLI (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RLI#NYSE">RLI</a>) is estimated to report quarterly earnings at $1.49 per share on revenue of $357.64 million.
&bull; Plexus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) is expected to report quarterly earnings at $1.08 per share on revenue of $987.63 million.
&bull; First Internet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INBK#NASDAQ">INBK</a>) is projected to report quarterly earnings at $0.31 per share on revenue of $19.28 million.
&bull; Cohen &amp; Steers (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNS#NYSE">CNS</a>) is likely to report quarterly earnings at $0.64 per share on revenue of $122.80 million.
&bull; Colony Bankcorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBAN#NASDAQ">CBAN</a>) is estimated to report quarterly earnings at $0.32 per share on revenue of $28.40 million.
&bull; Crown Castle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCI#NYSE">CCI</a>) is estimated to report earnings for its fourth quarter.
&bull; Pathward Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASH#NASDAQ">CASH</a>) is expected to report quarterly earnings at $1.24 per share on revenue of $166.47 million.
&bull; ResMed (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>) is expected to report quarterly earnings at $1.79 per share on revenue of $1.15 billion.
&bull; Lam Research (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) is expected to report quarterly earnings at $7.10 per share on revenue of $3.71 billion.
&bull; SL Green Realty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLG#NYSE">SLG</a>) is likely to report earnings for its fourth quarter.
&bull; Horizon Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HBNC#NASDAQ">HBNC</a>) is expected to report quarterly earnings at $0.31 per share on revenue of $52.34 million.
&bull; Old Second Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSBC#NASDAQ">OSBC</a>) is expected to report quarterly earnings at $0.54 per share on revenue of $72.97 million.
&bull; Washington Trust Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WASH#NASDAQ">WASH</a>) is likely to report quarterly earnings at $0.57 per share on revenue of $33.23 million.
&bull; Origin Bancorp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OBK#NYSE">OBK</a>) is projected to report quarterly earnings at $0.62 per share on revenue of $88.77 million.
&bull; Equity Bancshares (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQBK#NYSE">EQBK</a>) is likely to report quarterly loss at $1.87 per share on revenue of $29.80 million.
&bull; Alerus Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALRS#NASDAQ">ALRS</a>) is likely to report quarterly earnings at $0.29 per share on revenue of $45.38 million.
&bull; Columbia Banking System (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COLB#NASDAQ">COLB</a>) is projected to report quarterly earnings at $0.79 per share on revenue of $526.68 million.
&bull; Cathay General (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CATY#NASDAQ">CATY</a>) is estimated to report quarterly earnings at $1.06 per share on revenue of $197.95 million.
&bull; ServiceNow (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) is expected to report quarterly earnings at $2.78 per share on revenue of $2.40 billion.
&bull; Novagold Resources (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/NG#AMEX">NG</a>) is estimated to report earnings for its fourth quarter.
&bull; Univest Financial (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UVSP#NASDAQ">UVSP</a>) is likely to report quarterly earnings at $0.47 per share on revenue of $71.25 million.
&bull; Preferred Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFBC#NASDAQ">PFBC</a>) is likely to report quarterly earnings at $2.54 per share on revenue of $70.48 million.
&bull; Brookline Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRKL#NASDAQ">BRKL</a>) is estimated to report quarterly earnings at $0.23 per share on revenue of $85.19 million.
&bull; Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) is estimated to report quarterly earnings at $0.68 per share on revenue of $68.69 million.
&bull; Concentrix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CNXC#NASDAQ">CNXC</a>) is estimated to report quarterly earnings at $3.08 per share on revenue of $2.20 billion.
&bull; Ethan Allen Interiors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETD#NYSE">ETD</a>) is projected to report quarterly earnings at $0.76 per share on revenue of $179.20 million.
This article was generated by Benzinga&#39;s automated content engine and reviewed by an editor.

ALRS

AMSC

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ASML

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New Oriental Education & Technology Group

streetTRACKS Dow Jones U.S. Large Cap Value Index Fund

EQBK

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Earnings Scheduled For January 24, 2024

Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) is set to give its latest quarterly earnings report on Wednesday, 2024-01-24. Here's what investors need to know before the announcement.
Analysts estimate that Eagle Bancorp will report an earnings per share (EPS) of $0.68. 
Eagle Bancorp bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.19, which was followed by a 13.35% increase in the share price the next day.
Here's a look at Eagle Bancorp's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q3 2023</th>
<th>Q2 2023</th>
<th>Q1 2023</th>
<th>Q4 2022</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.72</td>
<td>0.68</td>
<td>1.13</td>
<td>1.16</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.91</td>
<td>0.94</td>
<td>0.78</td>
<td>1.32</td>
</tr>
<tr>
<td>Price Change %</td>
<td>13.35%</td>
<td>1.04%</td>
<td>-19.49%</td>
<td>6.35%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1706029243_0.png" alt="eps graph" />
<h3>Stock Performance</h3>
Shares of Eagle Bancorp were trading at $27.9 as of January 22. Over the last 52-week period, shares are down 40.57%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<a href="https://www.benzinga.com/quote/EGBN/earnings">To track all earnings releases for Eagle Bancorp visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

A Preview Of Eagle Bancorp's Earnings

On January 22, 2024, Preferred Bank (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFBC#NASDAQ">PFBC</a>) will distribute a dividend payout of $0.70 per share, equating to an annualized dividend yield of 4.17%. Shareholders who owned the stock before the ex-dividend date on January 05, 2024 will receive this payout.
<h3>Preferred Bank Recent Dividend Payouts</h3>
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<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2024-01-05</td>
<td style="text-align: right;">4</td>
<td>$0.7</td>
<td>4.17%</td>
<td>2023-12-13</td>
<td>2024-01-08</td>
<td>2024-01-22</td>
</tr>
<tr>
<td>2023-10-05</td>
<td style="text-align: right;">4</td>
<td>$0.55</td>
<td>3.56%</td>
<td>2023-09-20</td>
<td>2023-10-06</td>
<td>2023-10-20</td>
</tr>
<tr>
<td>2023-07-06</td>
<td style="text-align: right;">4</td>
<td>$0.55</td>
<td>3.94%</td>
<td>2023-06-21</td>
<td>2023-07-07</td>
<td>2023-07-21</td>
</tr>
<tr>
<td>2023-04-05</td>
<td style="text-align: right;">4</td>
<td>$0.55</td>
<td>4.01%</td>
<td>2023-03-27</td>
<td>2023-04-07</td>
<td>2023-04-21</td>
</tr>
<tr>
<td>2023-01-05</td>
<td style="text-align: right;">4</td>
<td>$0.55</td>
<td>3.07%</td>
<td>2022-12-15</td>
<td>2023-01-06</td>
<td>2023-01-20</td>
</tr>
<tr>
<td>2022-10-06</td>
<td style="text-align: right;">4</td>
<td>$0.43</td>
<td>2.49%</td>
<td>2022-09-21</td>
<td>2022-10-07</td>
<td>2022-10-21</td>
</tr>
<tr>
<td>2022-07-06</td>
<td style="text-align: right;">4</td>
<td>$0.43</td>
<td>2.56%</td>
<td>2022-06-22</td>
<td>2022-07-07</td>
<td>2022-07-21</td>
</tr>
<tr>
<td>2022-04-06</td>
<td style="text-align: right;">4</td>
<td>$0.43</td>
<td>2.25%</td>
<td>2022-03-16</td>
<td>2022-04-07</td>
<td>2022-04-21</td>
</tr>
<tr>
<td>2022-01-06</td>
<td style="text-align: right;">4</td>
<td>$0.43</td>
<td>2.54%</td>
<td>2021-12-22</td>
<td>2022-01-07</td>
<td>2022-01-21</td>
</tr>
<tr>
<td>2021-10-06</td>
<td style="text-align: right;">4</td>
<td>$0.38</td>
<td>2.48%</td>
<td>2021-09-22</td>
<td>2021-10-07</td>
<td>2021-10-21</td>
</tr>
<tr>
<td>2021-07-06</td>
<td style="text-align: right;">4</td>
<td>$0.38</td>
<td>2.27%</td>
<td>2021-06-16</td>
<td>2021-07-07</td>
<td>2021-07-21</td>
</tr>
<tr>
<td>2021-04-06</td>
<td style="text-align: right;">4</td>
<td>$0.38</td>
<td>2.34%</td>
<td>2021-03-19</td>
<td>2021-04-07</td>
<td>2021-04-21</td>
</tr>
</tbody>
</table>
In terms of dividend yield, Preferred Bank finds itself in the middle ground among its industry peers, while Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) takes the lead with the highest annualized dividend yield at 6.59%.
<h3>Analyzing Preferred Bank Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1705935927_0.png" alt="dividend chart graph" />
From 2020 to 2023, the company's dividend per share showed a positive trend, increasing steadily from $1.20 in 2020 to $2.35 in 2023. This demonstrates the company's commitment to rewarding shareholders by consistently raising dividends.
<h3>YoY Earnings Growth For Preferred Bank</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1705935927_1.png" alt="earning chart graph" />
From 2020 to 2023, Preferred Bank experienced a growth in earnings per share, with an increase from $4.57 to $10.64. This positive earnings trend indicates the company's potential to enhance their cash dividend payout, which can benefit income-seeking investors.
<h3>Recap</h3>
In this article, we explore the recent dividend payout of Preferred Bank and its significance for shareholders. The company has decided to distribute a dividend of $0.70 per share today, which equates to an annualized dividend yield of 4.17%.
In terms of dividend yield, Preferred Bank finds itself in the middle ground among its industry peers, while Eagle Bancorp takes the lead with the highest annualized dividend yield at 6.59%.
Considering the increase in dividend per share from 2020 to 2023 along with an increase in earnings per share, Preferred Bank appears to be in a strong financial position, indicating their ability to sustain dividend distributions to investors.
Keeping a vigilant eye on the company's performance in the coming quarters will allow investors to stay current with any variations in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Preferred Bank Delivers Strong Performance and Growing Profits, Elevating Investor Returns

At the end of January 17, 2024, Great Southern Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSBC#NASDAQ">GSBC</a>) will reward its shareholders with a dividend payout of $0.40 per share, demonstrating an annualized dividend yield of 2.67%. Remember, only investors who held the stock before the ex-dividend date on December 29, 2023 will receive this payout.
<h3>Great Southern Bancorp Recent Dividend Payouts</h3>
<style>
 table {
 width: 100%;
 border-collapse: collapse;
 font-family: Arial, sans-serif;
 font-size: 14px;
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 th, td {
 padding: 8px;
 text-align: left;
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 th {
 background-color: #293a5a;
 color: #fff;
 text-align: left;
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 background-color: #f2f4f8;
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 background-color: #e1e4ea;
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 font-weight: bold;
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 }

 .dividend-frequency {
 font-size: 12px;
 color: #6c757d;
 }
 </style><table>
<thead>
<tr>
<th>Ex-Date</th>
<th style="text-align: right;">Payments per year</th>
<th>Dividend</th>
<th>Yield</th>
<th>Announced</th>
<th>Record</th>
<th>Payable</th>
</tr>
</thead>
<tbody>
<tr>
<td>2023-12-29</td>
<td style="text-align: right;">4</td>
<td>$0.4</td>
<td>2.67%</td>
<td>2023-12-20</td>
<td>2024-01-02</td>
<td>2024-01-17</td>
</tr>
<tr>
<td>2023-09-29</td>
<td style="text-align: right;">4</td>
<td>$0.4</td>
<td>3.28%</td>
<td>2023-09-20</td>
<td>2023-10-02</td>
<td>2023-10-17</td>
</tr>
<tr>
<td>2023-06-30</td>
<td style="text-align: right;">4</td>
<td>$0.4</td>
<td>3.04%</td>
<td>2023-06-21</td>
<td>2023-07-03</td>
<td>2023-07-18</td>
</tr>
<tr>
<td>2023-03-24</td>
<td style="text-align: right;">4</td>
<td>$0.4</td>
<td>2.95%</td>
<td>2023-03-15</td>
<td>2023-03-27</td>
<td>2023-04-11</td>
</tr>
<tr>
<td>2022-12-30</td>
<td style="text-align: right;">4</td>
<td>$0.4</td>
<td>2.74%</td>
<td>2022-12-21</td>
<td>2023-01-03</td>
<td>2023-01-18</td>
</tr>
<tr>
<td>2022-09-30</td>
<td style="text-align: right;">4</td>
<td>$0.4</td>
<td>2.63%</td>
<td>2022-09-21</td>
<td>2022-10-03</td>
<td>2022-10-18</td>
</tr>
<tr>
<td>2022-06-24</td>
<td style="text-align: right;">4</td>
<td>$0.4</td>
<td>2.8%</td>
<td>2022-06-15</td>
<td>2022-06-27</td>
<td>2022-07-12</td>
</tr>
<tr>
<td>2022-03-25</td>
<td style="text-align: right;">4</td>
<td>$0.36</td>
<td>2.38%</td>
<td>2022-03-16</td>
<td>2022-03-28</td>
<td>2022-04-11</td>
</tr>
<tr>
<td>2021-12-23</td>
<td style="text-align: right;">4</td>
<td>$0.36</td>
<td>2.48%</td>
<td>2021-12-15</td>
<td>2021-12-27</td>
<td>2022-01-11</td>
</tr>
<tr>
<td>2021-09-24</td>
<td style="text-align: right;">4</td>
<td>$0.36</td>
<td>2.78%</td>
<td>2021-09-15</td>
<td>2021-09-27</td>
<td>2021-10-12</td>
</tr>
<tr>
<td>2021-06-25</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>2.43%</td>
<td>2021-06-16</td>
<td>2021-06-28</td>
<td>2021-07-13</td>
</tr>
<tr>
<td>2021-03-26</td>
<td style="text-align: right;">4</td>
<td>$0.34</td>
<td>2.37%</td>
<td>2021-03-17</td>
<td>2021-03-29</td>
<td>2021-04-13</td>
</tr>
</tbody>
</table>
When comparing Great Southern Bancorp's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>) having the highest annualized dividend yield at 6.72%.
<h3>Analyzing Great Southern Bancorp Financial Health</h3>
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing. 
<h3>YoY Growth in Dividend Per Share</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1705503905_0.png" alt="dividend chart graph" />
During the period of 2021 to 2023, the company experienced a notable growth in its dividend per share. The dividend per share increased from $1.40 to $1.60, reflecting the company's focus on providing greater returns to its shareholders.
<h3>YoY Earnings Growth For Great Southern Bancorp</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1705503905_1.png" alt="earning chart graph" />
The earnings chart above shows that from 2021 to 2023, Great Southern Bancorp has experienced an increase in their earnings from $4.17 per share to $6.36 per share. This positive earnings trend is promising for income-seeking investors as it suggests that the company has more potential to increase its cash dividend payout if the trend continues.
<h3>Recap</h3>
This article takes an in-depth look at Great Southern Bancorp's recent dividend payout and its implications for shareholders. The company is currently distributing a dividend of $0.40 per share today, translating to an annualized dividend yield of 2.67%.
When comparing Great Southern Bancorp's dividend yield against its industry peers, the company sits comfortably in the middle, with its peer Eagle Bancorp having the highest annualized dividend yield at 6.72%.
The increase in both dividend per share and earnings per share from 2021 to 2023 for Great Southern Bancorp indicates a positive financial trend, suggesting their capacity to continue distributing profits to shareholders.
Investors should closely follow the company's performance in the coming quarters to stay up-to-date on any shifts in financials or dividend disbursements.
\To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

GSBC

Great Southern Bancorp Delivers Strong Performance and Growing Profits, Elevating Investor Returns

Tuesday marks the last chance for investors to receive the next dividend payout from Eagle Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGBN#NASDAQ">EGBN</a>). 
<h3>What's Happening</h3>
The company announced on Tuesday that it would pay shareholders a quarterly dividend of 45 cents per share. On Wednesday, Eagle Bancorp will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 45 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own EGBN as of the end of Tuesday's session are eligible to receive the 45 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on January 31, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/EGBN">Monitor live stock price updates for Eagle Bancorp on Benzinga.</a>

Eagle Bancorp's Ex-Dividend Date Is Wednesday, Here's What You Need To Know

Eagle Non-GAAP EPS of $0.67 beats by $0.25, revenue of $76.68M misses by $1.47M

Eagle Bancorp (EGBN) just unveiled an announcement. The Company has released a presentation for its upcoming earnings call on July 25, 2024, which ...

Eagle Bancorp Announces No Updates Post-Earnings Call Presentation

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Eagle Bancorp (NASDAQ:<a href="https://investorplace.com/stock-quotes/egbn-stock-quote/">EGBN</a>) just reported results for the second quarter of 2024.<ul><li>Eagle Bancorp reported earnings per share of 67 cents. This was above the analyst estimate for EPS of 42 cents.</li><li>The company reported revenue of $71.35 million.</li><li>This was 4.86% worse than the analyst estimate for revenue of $75.00 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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EGBN Stock Earnings: Eagle Bancorp Beats EPS, Misses Revenue for Q2 2024

In a report released yesterday, Catherine Mealor from KBW maintained a Hold rating on Eagle Bancorp (EGBN – Research Report), with a price target o...

Eagle Bancorp (EGBN) Receives a Hold from KBW

Eagle Bancorp, Inc. (EGBN) Q2 2024 Earnings Call Transcript

Eagle Bancorp: Double Digit Discount To Its TBV Due To CRE Risks

In a report released today, Catherine Mealor from KBW maintained a Hold rating on Eagle Bancorp (EGBN – Research Report), with a price target of $2...

Eagle Bancorp (EGBN) Gets a Hold from KBW

Eagle Bancorp (EGBN) has issued an update. Eagle Bancorp, Inc. has bolstered its Board of Directors with the election of Louis P. "Pete" Mathews Jr...

Eagle Bancorp Expands Board, Elects Banking Veteran Mathews

Eagle Bancorp (EGBN) has provided an announcement. Eagle Bancorp, Inc.'s Executive Vice President and Chief Credit Officer, Janice "Jan" Williams, ...

Eagle Bancorp Announces Executive Leadership Transition

Is September the most bearish month? Yes for the S&P, no for banks, Piper says

FCNCA

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EagleBank Provides Financing to Mamie D. Lee LLC to Support Improvements for Public Charter Schools

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EagleBank Adds Experienced Commercial Real Estate Expert to the Board of Directors

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Eagle Bancorp

Eagle Bancorp (EGBN) Forecast

Eagle Bancorp (NASDAQ:EGBN) Stock, Quote.Headers.trade-ideas