Eagle Bancorp, Inc. (NASDAQ:EGBN) Q3 2024 Earnings Conference Call October 24, 2024 10:00 AM ET

Company Participants

Eric Newell - CFO
Susan Riel - President and CEO
Janice Williams - Chief Credit Officer
Kevin Geoghagen - Incoming Chief Credit Officer

Conference Call Participants

Justin Crowley - Piper Sandler
Catherine Mealor - KBW
Christopher Marinac - Janney Montgomery Scott

Operator

Good day and thank you for standing by. Welcome to the Eagle Bancorp Inc. Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions]. Please be advised, today's conference is being recorded.

I would like to hand the conference over to your speaker today, Eric Newell, Chief Financial Officer of Eagle Bancorp Inc. Please go ahead.

Eric Newell

Good morning. This is Eric Newell, Chief Financial Officer of Eagle Bancorp. Before we begin the presentation, I would like to remind everyone that some of the comments made during this call are forward-looking statements. We cannot make any promises about future performance and caution you not to place undue reliance on these forward-looking statements.

Our Form 10-K for the 2023 fiscal year and current reports on Form 8-K include the earnings presentation slides, including the earnings presentation slides, identify risk factors that could cause the company's actual results to differ materially from those projected in any forward-looking statements made this morning, which speak only as of today. Eagle Bancorp does not undertake to update any forward-looking statements as a result of new information or future events or developments unless required by law.

This morning's commentary will include non-GAAP financial information. The earnings release, which is posted in the investor relations section of our website and filed with the SEC, contains reconciliations of this information to the most directly comparable GAAP information. Our periodic reports are available from the company online at our website or on the SEC's website. With me today is our President and CEO, Susan Riel, our retiring Chief Credit Officer, Jan Williams, and our incoming Chief Credit Officer, Kevin Geoghagen. I would now like to turn it over to Susan.

Susan Riel

Thank you, Eric. Good morning, everyone. Throughout 2024, we've taken foundational steps that will better position us to achieve our strategic objectives. In the quarters to come, our focus is on growing the bank, proactively managing our asset quality, improving our net income and profitability, and diversifying both our loan and deposit books. We've positioned the senior team over the last year to provide the leadership needed to support our goals. With the latest addition of Evelyn Lee, joining us as the Chief Lending Officer for our commercial line of business, I am confident we have the necessary leaders in place to succeed in our strategic goals.