Eagle GAAP EPS of $1.32 beats by $0.16, revenue of $90.93M beats by $5.43M

• Eagle press release (NASDAQ:EGBN): Q4 GAAP EPS of $1.32 beats by $0.16.
• Revenue of $90.93M (+2.4% Y/Y) beats by $5.43M.
• Loans at quarter-end were $7.6 billion, up $331.1 million from the prior quarter-end.
• Deposits at quarter-end were $8.7 billion, down $50.2 million from the prior quarter-end, and average deposits for the quarter decreased by $383.4 million.
• During the quarter, the Company repurchased 738,300 shares at an average price of $44.82 per share (including commissions), totaling an aggregate of $33.1 million, and for 2023 adopted a new share repurchase program authorizing the repurchase of 1.6 million shares, or approximately 5% of outstanding shares.
• During the quarter, the Company declared a quarterly dividend of $0.45 per share.