The second well run company is Eagle Bancorp (EGBN). It operates 16 branches in Maryland and Around Washington, D. C. The firm has performed well over the past few years going from the 8th largest bank in Maryland to the 2nd largest. It has increased revenue, earnings, and customers in the past few years. Management maintains an aggressive stance to fend off the threats of larger banks. They are beating the average operating margin and profit margin of their competitors and peers of publicly traded companies. The stock has returned 584.65% in the past five years. All point to really good management of the firm and caring about the investors. It has $2.9 billion in assets and $2.67 billion in loans. A good healthy margin for the bank and source of good income down the line. The firm remains competitive to its customers offering the latest services.
Ronald Paul the CEO has many years in regional banking and has steered the company in the right direction. Expanding the bank's reach and maintaining good margins. Their consistent growth and strong investor relations makes me put them second in the index. It is also fitting because America and the investor need banks to do business and this company will grow to support a very strong segment of America. Hopefully we see more exciting news from this company.
Disclosure: I do not own any shares of EGBN nor have I had any interaction with the bank. i do not plan on opening a position on the bank's stock
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