EagleBank

Eagle Bancorp Montana Announces Private Placement of Fixed to Floating Rate Subordinated Notes

Retrieved on: 
Wednesday, June 10, 2020
EagleBank, Subordinated debt

HELENA, Mont., June 10, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (Nasdaq: EBMT) (the Company), holding company for Opportunity Bank of Montana (the Bank), today announced that it has sold $15 million in subordinated notes to certain qualified institutional accredited investors through a private placement offering.

Key Points: 
  • HELENA, Mont., June 10, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (Nasdaq: EBMT) (the Company), holding company for Opportunity Bank of Montana (the Bank), today announced that it has sold $15 million in subordinated notes to certain qualified institutional accredited investors through a private placement offering.
  • The subordinated notes were issued on June 10, 2020 and will mature on July 1, 2030.
  • The Company estimates that the net cash proceeds from the sale of the subordinated notes will be approximately $14.7 million, and the subordinated notes are expected to qualify as Tier 2 capital for regulatory purposes.
  • The shares of Eagle Bancorp Montana, Inc. common stock are traded on the NASDAQ Global Select Market under the symbol EBMT.

EagleBank Rises to Meet COVID-19 Challenge

Retrieved on: 
Tuesday, June 2, 2020
EagleBank, Bank, Economy, Companies

In order to meet the urgent demand for assistance from bank clients, EagleBank deployed over 70 bank team members to support the 5 veteran members of the SBA Lending Group.

Key Points: 
  • In order to meet the urgent demand for assistance from bank clients, EagleBank deployed over 70 bank team members to support the 5 veteran members of the SBA Lending Group.
  • As of May 10, 2020, EagleBank had approved over 1,330 applications totaling over $491 million in PPP loans.
  • In my long history with EagleBank, I have never been prouder of the strength and commitment of our Banking staff, said Susan G. Riel, CEO and President of EagleBank.
  • Our mission at the EagleBank Foundation has always been to extend and advance the health and wellbeing of our communities, said Don Rogers, Chairman of the EagleBank Foundation.

EagleBank Foundation Supports COVID-19 Relief in the Washington Metro Area

Retrieved on: 
Thursday, May 28, 2020
EagleBank, Responder, Bethesda, Maryland

BETHESDA, Md., May 28, 2020 (GLOBE NEWSWIRE) -- The EagleBank Foundation is pleased to announce a $100,000 donation to area hospitals and community organizations fighting COVID-19.

Key Points: 
  • BETHESDA, Md., May 28, 2020 (GLOBE NEWSWIRE) -- The EagleBank Foundation is pleased to announce a $100,000 donation to area hospitals and community organizations fighting COVID-19.
  • The foundation identified several area hospitals hard hit by the pandemic, as well as food banks and first responder aid organizations serving a community that is struggling under the economic weight of the crisis.
  • The funds will help secure PPE, hospital in-room technology for healthcare staff, and meals for families in the community.
  • EagleBank Foundation is providing funds to the following recipients:

EagleBank Awarded Raymond James Community Bankers Cup

Retrieved on: 
Tuesday, May 19, 2020
EagleBank, Riel, Bethesda, Maryland, Creative works, Films

BETHESDA, Md., May 19, 2020 (GLOBE NEWSWIRE) -- EagleBank today announced that it has been awarded the prestigious Raymond James Community Bankers Cup for the eighth time.

Key Points: 
  • BETHESDA, Md., May 19, 2020 (GLOBE NEWSWIRE) -- EagleBank today announced that it has been awarded the prestigious Raymond James Community Bankers Cup for the eighth time.
  • We are delighted to have once again been recognized by Raymond James for this milestone award, said Susan Riel, Chief Executive Officer at EagleBank.
  • Raymond James is a multinational financial services company and their recognition underscores EagleBanks long-standing commitment to customer service and institutional excellence.
  • EagleBank has been a proud recipient of the Cup every year since 2012.

EagleBank Makes Emergency Funds Available to George Mason University

Retrieved on: 
Thursday, April 16, 2020
Education in Virginia, EagleBank, George Mason University, George Mason, Virginia, Education in the United States

BETHESDA, Md., April 16, 2020 (GLOBE NEWSWIRE) -- EagleBank announced today that it has provided $50,000 to George Mason Universitys School of Business to support students applying for emergency aid during the coronavirus crisis.

Key Points: 
  • BETHESDA, Md., April 16, 2020 (GLOBE NEWSWIRE) -- EagleBank announced today that it has provided $50,000 to George Mason Universitys School of Business to support students applying for emergency aid during the coronavirus crisis.
  • The monies will be advanced from funds previously established by EagleBank for entrepreneurship and commercial real estate scholarships.
  • EagleBanks contribution is a significant part of an emergency fund that now totals $1.1 million and has already helped 967 Mason students.
  • George Mason and EagleBank share a commitment to public service with a strong focus on educating future leaders and strengthening the local economy.

EagleBank Mortgage Lenders Recognized in Nationwide Scotsman Rankings

Retrieved on: 
Tuesday, April 14, 2020
Loans, Money, Finance, Economy, Scotsman Guide, Mortgage industry of the United States, EagleBank, Mortgage bank, FHA insured loan, Mortgage loan

BETHESDA, Md., April 14, 2020 (GLOBE NEWSWIRE) -- EagleBank celebrates Senior Mortgage Banker Mehdi Pirzadeh, who has been named TOP ORIGINATOR based on his 2019 dollar volume by trade publication Scotsman Guide.

Key Points: 
  • BETHESDA, Md., April 14, 2020 (GLOBE NEWSWIRE) -- EagleBank celebrates Senior Mortgage Banker Mehdi Pirzadeh, who has been named TOP ORIGINATOR based on his 2019 dollar volume by trade publication Scotsman Guide.
  • Pirzadeh has made the national Scotsman Guide rankings consistently for over 19 years.
  • For Top FHA Loan Volume in 2019, EagleBank Senior Mortgage Banker Javier Gonzalez was ranked #51 nationally by Scotsman Guide.
  • Lastly, EagleBank was ranked #14 by the Washington Business Journal among Home Mortgage Lenders in the DC Metro-Area for 2019.

Eagle Bancorp Announces Earnings Call On April 23, 2020

Retrieved on: 
Wednesday, April 8, 2020
EagleBank

BETHESDA, Md., April 08, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the Company) (NASDAQ: EGBN), the parent company of EagleBank, today announced that it will host a teleconference call for the financial community on April 23, 2020 at 10:00 a.m. (ET) to discuss its first quarter 2020 financial results.

Key Points: 
  • BETHESDA, Md., April 08, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the Company) (NASDAQ: EGBN), the parent company of EagleBank, today announced that it will host a teleconference call for the financial community on April 23, 2020 at 10:00 a.m. (ET) to discuss its first quarter 2020 financial results.
  • Those results will be released after the close of business on April 22, 2020.
  • A replay of the call will be available on the Companys website through May 7, 2020.
  • Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998.

EAGLE BANCORP, INC. ANNOUNCES CASH DIVIDEND

Retrieved on: 
Thursday, March 26, 2020
Dividends, Corporate finance, Shareholders, EagleBank, Stock market, Financial markets

BETHESDA, Md., March 26, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company for EagleBank, today announced a cash dividend for the first quarter of 2020, in the amount of $0.22 per share.

Key Points: 
  • BETHESDA, Md., March 26, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc. (the Company) (NASDAQ: EGBN), the parent company for EagleBank, today announced a cash dividend for the first quarter of 2020, in the amount of $0.22 per share.
  • The cash dividend will be payable on April 30, 2020 to shareholders of record on April 15, 2020.
  • We are pleased to announce the continuation of a quarterly cash dividend payment to shareholders, noted Susan G. Riel, President and Chief Executive Officer of the Company.
  • Ms. Riel continued, Our strong capital position enables us to provide shareholders with a tangible return in the form of a quarterly cash dividend.

Eagle Bancorp Announces Executive Promotions

Retrieved on: 
Thursday, March 12, 2020
EagleBank, Companies

BETHESDA, Md., March 12, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the Company) (NASDAQ: EGBN), the parent company of EagleBank (the Bank), is pleased to announce the promotions of Bank veterans Antonio Marquez and Janice Williams whose outstanding bank service has been recognized for advancement.

Key Points: 
  • BETHESDA, Md., March 12, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the Company) (NASDAQ: EGBN), the parent company of EagleBank (the Bank), is pleased to announce the promotions of Bank veterans Antonio Marquez and Janice Williams whose outstanding bank service has been recognized for advancement.
  • Antonio (Tony) Marquez has been promoted to Senior Executive Vice President, President of Commercial Banking.
  • Janice (Jan) Williams has been promoted to Senior Executive Vice President, Chief Credit Officer for EagleBank.
  • Eagle Bancorp, Inc. is the holding company for EagleBank, which commenced operations in 1998.

Eagle Bancorp Announces The Appointment of Paul Saltzman as Chief Legal Officer of Eagle Bancorp, Inc. and EagleBank

Retrieved on: 
Monday, January 6, 2020
EagleBank, Salzmann, The Clearing House, Economy of the United States

BETHESDA, Md., Jan. 06, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the Company) (NASDAQ: EGBN), the parent company of EagleBank (the Bank), today announced that Paul Saltzman has been appointed Executive Vice President and Chief Legal Officer of Eagle Bancorp and EagleBank.

Key Points: 
  • BETHESDA, Md., Jan. 06, 2020 (GLOBE NEWSWIRE) -- Eagle Bancorp, Inc., (the Company) (NASDAQ: EGBN), the parent company of EagleBank (the Bank), today announced that Paul Saltzman has been appointed Executive Vice President and Chief Legal Officer of Eagle Bancorp and EagleBank.
  • Paul Saltzman joins EagleBank from White & Case, a globally recognized law firm, where he was a Partner in the Banking and Financial Institutions Advisory Practice.
  • Mr. Saltzman previously served as General Counsel of The Clearing House; an industry-owned payments company and President of the affiliated banking trade association.
  • "We are thrilled to have Paul join the EagleBank senior team," stated CEO and President, Susan Riel.