1 unchanged sentence
Market for Common Stock.
−Removed: The Company’s common stock is listed for trading on the Nasdaq Capital Market under the symbol “EGBN.” Over the year ended December 31, 2023, the average daily trading volume amounted to approximately 302,118 shares, an increase from approximately 167,619 shares over the year ended December 31, 2022.
+Added: The Company’s common stock is listed for trading on the Nasdaq Capital Market under the symbol “EGBN.” During the year ended December 31, 2024, the average daily trading volume amounted to approximately 310,723 shares, an increase from approximately 302,118 shares during the year ended December 31, 2023.
No assurance can be given that a more active trading market will develop or can be maintained.
3 unchanged sentences
The Company pays a regular quarterly cash dividend.
−Removed: In 2023, the Company declared four cash dividends with an aggregate value of $1.80 per share, or $54.3 million.
+Added: In 2024, the Company declared three cash dividends with an aggregate value of $1.07 per share, or $32.1 million.
+Added: The quarterly cash dividend amount was recalibrated to $0.165 in the third quarter of 2024 to reflect the company’s growth plans.
+Added: Beginning in January 2025, the Company commenced declaring dividends at the time of the quarterly earnings release;
+Added: previously, it declared dividends at the end of the quarter.
The payment of a cash dividend on common stock will depend largely upon the ability of the Bank, the Company’s principal operating business, to declare and pay dividends to the Company.
1 unchanged sentence
The payment of dividends in any period does not mean that the Company will continue to pay dividends at the current level, or at any other level.
−Removed: Regulations of the Board of Governors of the Federal Reserve System ("Federal Reserve Board" or "Federal Reserve") and Maryland law place limits on the amount of dividends the Bank may pay to the Company without prior approval.
+Added: Regulations of the Board of Governors of the Federal Reserve System (the "Federal Reserve Board" or "Federal Reserve") and Maryland law place limits on the amount of dividends the Bank may pay to the Company without prior approval.
Prior regulatory approval is required to pay dividends which exceed the Bank’s net profits for the current year plus its retained net profits for the preceding two calendar years, less required transfers to surplus.
10 unchanged sentences
Issuer Repurchase of Common Stock.
−Removed: The Company did not repurchase any shares of its common stock during the fourth quarter of 2023.
−Removed: On December 13, 2022, the Company's Board of Directors authorized a share repurchase program (the "2023 Repurchase Program") that took effect starting January 2, 2023 and authorized the repurchase of 1,600,000 shares of common stock, or approximately 5% of the Company's outstanding shares of common stock.
−Removed: The Company fully utilized the 2023 Repurchase Program as of the second quarter of 2023.
+Added: The Company did not repurchase any shares of its common stock during the year ended December 31, 2024.
See Item 12 - Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters for “Securities Authorized for Issuance Under Equity Compensation Plans.”
4 unchanged sentences
stock markets.
+Added: Table o f Contents
Eagle Bancorp, Inc.
6 unchanged sentences
KBW Nasdaq Regional Banking Index 100.00 91.29 124.74 116.10 115.64 130.904
+Added: Table o f Contents
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.