EAGLE BANCORP INC
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 7, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Non-GAAP Financial Measures
Use of Non-GAAP Financial Measures
Management uses non-GAAP measures because they provide information to investors about the underlying operational performance and trends of the Company. Additionally, the Company considers non-GAAP measures based on tangible equity important to shareholders because tangible equity is a measure that is consistent with the calculation of capital for bank regulatory purposes, which excludes intangible assets from the calculation of risk based ratios, and as such is useful for investors, regulators, management and others to evaluate capital adequacy and to compare against other financial institutions. These disclosures should not be considered in isolation or as a substitute for results determined in accordance with GAAP and are not necessarily comparable to non-GAAP performance measures which may be presented by other bank holding companies. Management compensates for these limitations by providing detailed reconciliations between GAAP information and the non-GAAP financial measures.
The table below reconciles the GAAP financial measures to the associated non-GAAP financial measures.
| As of | ||
|---|---|---|
| (dollars in thousands except per share data) | June 30, 2025 | December 31, 2024 |
| Tangible common equity: | ||
| Common shareholders’ equity | $1,185,067 | $1,226,061 |
| Less: Intangible assets | (9) | (16) |
| Tangible common equity (Non-GAAP) | $1,185,058 | $1,226,045 |
| Tangible common equity ratio: | ||
| Total assets | $10,601,331 | $11,129,508 |
| Less: Intangible assets | (9) | (16) |
| Tangible assets | $10,601,322 | $11,129,492 |
| Tangible common equity ratio (Non-GAAP) | 11.18% | 11.02% |
| Tangible book value per share calculations: | ||
| Book value per common share | $39.03 | $40.60 |
| Less: Intangible book value per common share | — | (0.01) |
| Tangible book value per common share (Non-GAAP) | $39.03 | $40.59 |
Eagle Bancorp, Inc Second Quarter 2025 Form 10-Q 70
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.