EGBN FY 2010 Earnings Report — Eagle Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Eagle Bancorp, Inc.EGBN

FY 2010 Earnings

Reported March 15, 2011

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2010	Prior Q	FY 2009	QoQ Change	YoY Change
Revenue	$106M	—	$92M	—	15.6%
Op. Income	$26M	—	$16M	—	57.2%
Gross Margin	72.5%	—	64.6%	—	7.9pp
Net Margin	15.7%	—	11.4%	—	4.4pp
EPS (Diluted)	$0.70	—	$0.50	—	40.0%
Free Cash Flow	-$46M	—	$6M	—	-831.0%

Revenue Flow

Item	Amount
REVENUE	$106M
Cost of Revenue	$29M
GROSS PROFIT	$77M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$28M
SG&A Expenses	$29M
Other Expenses	$22M
Operating Expenses	$51M
Cost & Expenses	$80M
OPERATING INCOME	$26M
Interest Income	$97M
Interest Expense	$20M
Other Income/Expenses	$0
INCOME BEFORE TAX	$26M
Income Tax Expense	$9M
Net Income from Continuing Ops	$17M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$17M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$15M
D&A	$2M
EBIT	$26M
EBITDA	$28M
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$106M
Cost of Revenue	$29M
GROSS PROFIT	$77M
R&D Expenses	$0
Selling & Marketing	$1M
General & Administrative	$28M
SG&A Expenses	$29M
Other Expenses	$22M
Operating Expenses	$51M
Cost & Expenses	$80M
OPERATING INCOME	$26M
Interest Income	$97M
Interest Expense	$20M
Other Income/Expenses	$0
INCOME BEFORE TAX	$26M
Income Tax Expense	$9M
Net Income from Continuing Ops	$17M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$17M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$15M
D&A	$2M
EBIT	$26M
EBITDA	$28M
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$17M
Depreciation & Amortization	$2M
Stock-Based Compensation	$585.0K
Deferred Income Tax	-$2M
Other Non-Cash Items	-$68M
Change in Working Capital	$7M
OPERATING CASH FLOW	-$43M
Capital Expenditure	-$3M
Acquisitions (Net)	$0
Purchases of Investments	-$129M
Sales/Maturities of Investments	$135M
Other Investing Activities	-$287M
NET CASH FROM INVESTING	-$283M
Net Debt Issuance	-$10M
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$274M
NET CASH FROM FINANCING	$263M
FREE CASH FLOW	-$46M
Net Change in Cash	-$64M

Balance Sheet

Item	Amount
Cash & Equivalents	$24M
Short-Term Investments	$0
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$24M
PP&E (Net)	$9M
Goodwill	$0
Intangible Assets	$4M
Long-Term Investments	$2.0B
Tax Assets	$14M
Other Non-Current Assets	$78M
TOTAL NON-CURRENT ASSETS	$2.1B
TOTAL ASSETS	$2.1B
Account Payables	$0
Short-Term Debt	$0
Deferred Revenue	$0
Other Current Liabilities	$1.7B
TOTAL CURRENT LIABILITIES	$1.7B
Long-Term Debt	$49M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$109M
TOTAL NON-CURRENT LIABILITIES	$158M
TOTAL LIABILITIES	$1.9B
Common Stock	$197.0K
Additional Paid-In Capital	$130M
Retained Earnings	$49M
Treasury Stock	$0
Accum. Other Comp. Income	$2M
Other Equity	$946.0K
TOTAL STOCKHOLDERS' EQUITY	$205M
Minority Interest	$0
TOTAL EQUITY	$205M
TOTAL LIABILITIES & EQUITY	$2.1B
Total Debt	$49M
Net Debt	$25M