Eagle Bancorp agrees to one-year non-prosecution deal, $9.8M payment

Eagle Bancorp announced a one-year non-prosecution agreement and a $9.8 million payment related to a DOJ investigation.Key Highlights:Original SEC Filing: EAGLE BANCORP INC [ EGBN ] - 8-K - Jun. 30, 2026This is an AI-powered summary. It may contain inaccuracies. Consider verifying important informa…

Eagle Bancorp announced a one-year non-prosecution agreement and a $9.8 million payment related to a DOJ investigation.

Key Highlights:

Subsidiary EagleBank reached settlement with DOJ and U.S. Attorney’s Office for Middle District of Pennsylvania.
Company and Bank to enter a one-year non-prosecution agreement covering conduct in attached statement of facts.
Bank will pay approximately $9.8 million, fully accrued in 2025 audited financial statements.
Agreement prevents civil or criminal cases by the Offices so long as Eagle Bancorp and EagleBank comply with terms.

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.