KBRA Releases Surveillance Report for Eagle Bancorp, Inc.

15 Aug 2024   |   New York

Contacts

On August 9, 2024, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Bethesda, MD based Eagle Bancorp, Inc. (NASDAQ: EGBN). Additionally, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for EGBN’s subsidiary, EagleBank. The Outlook for all long-term ratings was revised to Negative from Stable.

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About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Doc ID: 1005540

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