EGBN FY 2013 Earnings Report — Eagle Bancorp, Inc. Revenue & Financial Results | Market Cap Arena

Eagle Bancorp, Inc.EGBN

FY 2013 Earnings

Reported March 14, 2014

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2013	Prior Q	FY 2012	QoQ Change	YoY Change
Revenue	$182M	—	$164M	—	11.1%
Op. Income	$75M	—	$56M	—	34.1%
Gross Margin	87.9%	—	81.3%	—	6.5pp
Net Margin	25.8%	—	21.5%	—	4.3pp
EPS (Diluted)	$1.76	—	$1.46	—	20.5%
Free Cash Flow	$253M	—	$10M	—	2481.7%

Revenue Flow

Item	Amount
REVENUE	$182M
Cost of Revenue	$22M
GROSS PROFIT	$160M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$50M
SG&A Expenses	$51M
Other Expenses	$33M
Operating Expenses	$85M
Cost & Expenses	$107M
OPERATING INCOME	$75M
Interest Income	$157M
Interest Expense	$13M
Other Income/Expenses	$0
INCOME BEFORE TAX	$75M
Income Tax Expense	$28M
Net Income from Continuing Ops	$47M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$47M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$46M
D&A	$4M
EBIT	$75M
EBITDA	$80M
EPS	$2
EPS Diluted	$2

Income Statement

Item	Amount
REVENUE	$182M
Cost of Revenue	$22M
GROSS PROFIT	$160M
R&D Expenses	$0
Selling & Marketing	$2M
General & Administrative	$50M
SG&A Expenses	$51M
Other Expenses	$33M
Operating Expenses	$85M
Cost & Expenses	$107M
OPERATING INCOME	$75M
Interest Income	$157M
Interest Expense	$13M
Other Income/Expenses	$0
INCOME BEFORE TAX	$75M
Income Tax Expense	$28M
Net Income from Continuing Ops	$47M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$47M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$46M
D&A	$4M
EBIT	$75M
EBITDA	$80M
EPS	$2
EPS Diluted	$2

Cash Flow Statement

Item	Amount
Net Income	$47M
Depreciation & Amortization	$4M
Stock-Based Compensation	$3M
Deferred Income Tax	-$4M
Other Non-Cash Items	$198M
Change in Working Capital	$10M
OPERATING CASH FLOW	$259M
Capital Expenditure	-$5M
Acquisitions (Net)	$0
Purchases of Investments	-$148M
Sales/Maturities of Investments	$58M
Other Investing Activities	-$505M
NET CASH FROM INVESTING	-$601M
Net Debt Issuance	$0
Common Stock Repurchased	-$11.0K
Common Dividends Paid	$0
Other Financing Activities	$310M
NET CASH FROM FINANCING	$310M
FREE CASH FLOW	$253M
Net Change in Cash	-$32M

Balance Sheet

Item	Amount
Cash & Equivalents	$301M
Short-Term Investments	$378M
Net Receivables	$0
Inventory	$0
Other Current Assets	$0
TOTAL CURRENT ASSETS	$679M
PP&E (Net)	$17M
Goodwill	$2M
Intangible Assets	$1M
Long-Term Investments	$2.9B
Tax Assets	$29M
Other Non-Current Assets	$97M
TOTAL NON-CURRENT ASSETS	$3.1B
TOTAL ASSETS	$3.8B
Account Payables	$0
Short-Term Debt	$80M
Deferred Revenue	$0
Other Current Liabilities	$3.2B
TOTAL CURRENT LIABILITIES	$3.3B
Long-Term Debt	$39M
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$32M
TOTAL NON-CURRENT LIABILITIES	$72M
TOTAL LIABILITIES	$3.4B
Common Stock	$253.0K
Additional Paid-In Capital	$243M
Retained Earnings	$96M
Treasury Stock	$0
Accum. Other Comp. Income	-$3M
Other Equity	$946.0K
TOTAL STOCKHOLDERS' EQUITY	$394M
Minority Interest	$0
TOTAL EQUITY	$394M
TOTAL LIABILITIES & EQUITY	$3.8B
Total Debt	$120M
Net Debt	-$181M