Slide 1: 4th Quarter 2025 Earnings Presentation
4th Quarter 2025 Earnings Presentation EagleBankCorp.com February 3, 2026 Scan for digital version Date should be Earnings Release Date, not call date Do we change QR?
Slide 2: Forward Looking Statements
Forward Looking Statements 2 This presentation contains forward looking statements within the meaning of the Securities and Exchange Act of 1934, as amended, including statements of goals, intentions, and expectations as to future trends, plans, events or results of Company operations and policies a
Slide 3: Attractive Washington DC Footprint
Attractive Washington DC Footprint 3 Get updated maps from Mercedes One-of-a-kind Market The Washington DC metro area represents a robust and diverse economy, supported by a dynamic mix of public and private sector activity. The region’s foundation includes globally recognized educational institutio
Slide 4: Eagle at a Glance
Eagle at a Glance 4 Total Assets $10.5 billion Total Loans $7.3 billion Total Deposits $9.1 billion Tangible Common Equity $1. 1 billion Shares Outstanding (at close December 31, 2025) 30,359,632 Market Capitalization (at close January 20, 2026) $683 million Tangible Book Value per Common Share $37.
Slide 5: NOTE: Data at or for the quarter ended December 31, 2025 - Please refer
5 NOTE: Data at or for the quarter ended December 31, 2025 1 - Please refer to the Non-GAAP reconciliation in the appendix. 2 - Calculated based on full year 2025 results. 3 - Includes cash and cash equivalents. • Best-in-Class Capital Levels o CET1 Ratio = 13.17% Top third of all bank holding compa
Slide 6: Strategic Initiatives to Enhance Profitability
Strategic Initiatives to Enhance Profitability 6 Strengthen Deposits & Funding Profile Invest in Innovation Capitalize on our Market Positioning Relationships FIRST Optimize & Diversify Loans and Securities Operational Excellence Optimize & Diversify Loans and Securities - Expand and rebalance the l
Slide 7: Eagle – Capital Levels vs. Peers
10.28% 8.01% 7.73% 7.18% 5.98% 5.21% 5.07% 4.93% 4.33% 4.28% 3.36% 2.58% 2.32% 2.32% 2.14% 2.09% Peer 1 Peer 2 EGBN Peer 3 Peer 4 Peer 5 Peer 6 Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Peer 12 Peer 13 Peer 14 Peer 15 Excess CET1 + ACL / Total Loans Eagle – Capital Levels vs. Peers 7 Walk charts [date] .
Slide 8: Performance Measures
Performance Measures 8 1-Please refer to the Non-GAAP reconciliation and footnotes in the appendices. Return on Average Assets are annualized. For the periods above, return on average common equity was 4.94% (2024Q4), 0.55% (2025Q1), (22.35)% (2025Q2), and (22.66)% (2025Q3); and common equity to ass
Slide 9: Net Interest Income
Net Interest Income 9 Walk charts [date] .xls Data for walk chart is built into its own wDesk sheet 5 quarter charts and peer CHARTS – [date] .xls NII and NIM Increase Net Interest Income • Net interest income increased $0.1 million quarter over quarter. • Interest income decreased $0.6 million due
Slide 10: Net Income – Summary
Net Income – Summary 10 Net Income Drivers Net interest income Net interest income increased by $0.1 million, primarily driven by lower funding costs on brokered time deposits which outpaced lower interest income on loans. Provision for Credit Losses (“PCL”) Provision for credit losses was $15.5 mil
Slide 11: 2025 & 2026 Outlook
2025 & 2026 Outlook 11 1 – The forecast is a % PY YTD Average for the same measure 2 – The forecast is based off forecasted 2026 figures for the same measure 3 – The decline in deposits is reflective of further managing down of brokered deposit balances Other Notes: Excludes loans held for sale. 202
Slide 12: Period End Deposit Mix and Trend
17% 17% 17% 17% 16% 14% 10% 10% 10% 11% 39% 38% 36% 39% 40% 30% 34% 38% 34% 33% $9,131 $9,277 $9,120 $9,464 $9,134 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4 ($ in m ill io n s) Period End Deposit Mix and Trend 12 Mix of Deposits Investments and Loans CHARTS [date] .xls Total Period End Deposits Flat Y
Slide 13: Funding & Liquidity
$4,708 $2,372 Available Liquidity Uninsured Deposits Robust Liquidity Coverage of Uninsured Deposits Funding & Liquidity 13 Funding & Liquidity Summary Deposits Average deposits decreased $62.9 million for the quarter, attributable to lower balances in time deposit accounts. The long-term strategy f
Slide 14: Period End Loan Mix and Trend
11% 11% 11% 8% 8% 40% 39% 38% 39% 38% 15% 15% 16% 17% 18% 18% 16% 18% 39% 23% 15% 15% 16% 14% 11% $7,934 $7,943 $7,722 $7,305 $7,280 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 (i n m ill io n s ) Period End Loan Mix and Trend 14 Mix of Deposits Investments and Loans CHARTS [date] .xls "Loan Trend" Tab Need
Slide 15: Asset Quality Metrics
Asset Quality Metrics 15 1-Excludes loans held for sale. 2-Non-performing assets (“NPAs”) include loans 90 days past due and still accruing. Charts for Allowance for Credit Losses and NPAs are as of period end. Net Charge Offs (“NCO”) are annualized for periods of less than a year. 5 quarter charts
Slide 16: Loan Type and Classification
$426 $502 $702 $536 $514 $245 $273 $173 $424 $268 $671 $775 $875 $960 $783 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 (i n m ill io n s) Substandard Special mention % of loans 16 Loan Type and Classification 1-Includes land. Note: Excludes loans held for sale Mix of Deposits Investments and Loans CHARTS [da
Slide 17: Mix and Risk Rating Trend of Total Income Producing CRE
240% 183% 118% 113% 107% 99% 92% 62% 55% 50% 41% 24% Peer 1 Peer 2 Peer 3 Peer 4 Peer 5 Peer 6 EGBN Peer 7 Peer 8 Peer 9 Peer 10 Peer 11 Excess CET1+ACL/ Inc Producing Office Loans 4,850 5,772 2024Q4 2025Q1 2025Q2 2025Q3 2025Q4 17 Note: Proxy Peers are AMTB, AUB, BUSE, BY, CNOB, CVBF, DCOM, FFIC, IN
Slide 18: Office Loan Portfolio: Income Producing Detail
18 1 – LTV is a factor considered in loan underwriting and periodic portfolio monitoring. LTVs are based on most recently appraised value, which do not necessarily reflect current market conditions. There can be no assurance the Company would be able to realize the appraised value in the event of fo
Slide 19: Income Producing Office Credit Risk Identification and Reduction
$976 $(188) $(82) $(129) $577 6/30/2023 Charge-Offs Transferred to Held for Sale Paydowns 12/31/2025 (in m ili on s) Income-Producing Office Portfolio Reduction Drivers 19 Inc Producing Office Credit Risk Identification and Reduction Note: Data as of December 31, 2025. • Cycle to date charge offs, t
Slide 20: Multifamily Loan Portfolio: Income Producing Detail
20 1 – LTV is a factor considered in loan underwriting and periodic portfolio monitoring. LTVs are based on most recently appraised value, which do not necessarily reflect current market conditions. There can be no assurance the Company would be able to realize the appraised value in the event of fo
Slide 21: Appendix
Appendix
Slide 22: Total CRE Office Loan Portfolio
Total CRE Office Loan Portfolio (Excludes OOCRE & OO Construction) 22 2 Office Loans with Substandard Risk Ratings are on Nonaccrual for a total balance of $20.7 million out of Total NPAs of $109.0 million. Note: Excludes loans held for sale. 1- Loan risk grade categories: 1000 – Prime, 2000 – Excel
Slide 23: Nonaccrual Loans
23 Nonaccrual Loans Credit Resolution Highlights • Non-accrual loans decreased by $11.8 million during the fourth quarter driven by paydowns on 4 credit facilities across the CRE and C&I portfolio. • There was no impact to HFS loans for the quarter ended December 31, 2025. $118,647 $(436) $26,120 $(
Slide 24: Summary of Nonaccrual Loans above $5M
24 Summary of Nonaccrual Loans above $5M Note: Data as of December 31, 2025 and excludes loans held for sale.
Slide 25: Summary of Classified and Criticized Loans above $10M
25 Summary of Classified and Criticized Loans above $10M 1 - Loan collateral is a project that is either recently completed and in lease up, not yet stabilized, under development, or in process of conversion 2 - LTV is a factor considered in loan underwriting and periodic portfolio monitoring. LTVs
Slide 26: Top Loans
26 Top 25 Loans 1 – Mixed collateral commercial real estate 2 – Construction in process 3 - LTV is a factor considered in loan underwriting and periodic portfolio monitoring. LTVs are based on most recently appraised value, which do not necessarily reflect current market conditions. There can be no
Slide 27: Commercial & Industrial Summary
$1,536 $1,558 $1,589 $1,494 $1,444 $1,444 $1,519 $1,726 $2,083 23% 0% 5% 10% 15% 20% 25% 30% $0 $400 $800 $1,200 $1,600 $2,000 (i n m ill io n s ) Deposits C&I Deposits % of Total Deposits 27 Commercial & Industrial Summary 1 – End of period deposit balances All set here pending any disclosure chang
Slide 28: Commercial & Industrial Summary
27 Commercial & Industrial Summary 1 – End of period deposit balances All set here pending any disclosure changes Recent Growth Since the reinvigoration of the C&I effort in 4Q2024, the portfolio has seen robust activity and growth. As of 12/31/2025, the portfolio held a weighted average risk rating
Slide 29: Investment Portfolio
Investment Portfolio 28 Investment Portfolio Strategy • Portfolio positioned to manage liquidity and pledging needs. • Cash flow projected principal only (rates unchanged): o 2026 - $253 million • Total securities down $124 million from 9/30/2025 from principal paydowns, maturities received and call
Slide 30: Tangible Book Value Per Share
$35.74 $38.97 $35.86 $39.08 $40.59 $40.99 $39.03 $37.00 $37.59 2020Y 2021Y 2022Y 2023Y 2024Y 2025 Q1 2025 Q2 2025 Q3 2025 Q4 TBVPS Tangible Book Value Per Share 29 Per share data is as of period end. Please refer to Non-GAAP reconciliation and footnotes in the appendices EPS and TBVPS - AOCI impact
Slide 31: Loan Portfolio - Details
Loan Portfolio - Details 30 Note: Loan metrics not inclusive of deferrals, fees and other adjustments. Data as of December 31, 2025. From Mike Brooks NOTE change the % from % of type to “TOTAL LOANS” Missing $5MM from somewhere - not inc prod office, or oo office
Slide 32: Loan Portfolio – Income Producing CRE
Loan Portfolio – Income Producing CRE 31 Note: Loan metrics not inclusive of deferrals, fees and other adjustments. Data as of December 31, 2025. From Mike Brooks
Slide 33: Loan Portfolio – CRE Construction
Loan Portfolio – CRE Construction 32 Note: Loan metrics not inclusive of deferrals, fees and other adjustments. Data as of December 31, 2025. From Mike Brooks NOTE change the % from % of type to “TOTAL LOANS” Q3 Dataset is not showing renovation & ground-up. Who do we need to go to for this?
Slide 34: Non-GAAP Reconciliation (Unaudited)
33 Non-GAAP Reconciliation (Unaudited) APPENDIX - Non-GAAP Recon TABLE and PPNR CHART [date] .xls
Slide 35: Non-GAAP Reconciliation (Unaudited)
34 Non-GAAP Reconciliation (Unaudited) APPENDIX - Non-GAAP Recon TABLE and PPNR CHART [date] .xls
Slide 36: Non-GAAP Reconciliation (unaudited)
35 Non-GAAP Reconciliation (unaudited) Tangible common equity to tangible assets (the "tangible common equity ratio"), tangible book value per common share, tangible book value per common share excluding accumulated other comprehensive income (“AOCI”), and the return on average tangible common equit