Eagle Bancorp Surges 7% as CEO Transition Looms
Eagle Bancorp ended Friday at $26.19, climbing roughly 7.0% from $24.47 a week earlier. Shares for the Bethesda, Maryland-based lender advanced in four of five sessions last week. The regional bank still trades below its April price. This time, there’s no Monday reset. The Nasdaq will be shut May 25 for Memorial Day, so trading opens up Tuesday, which will be the first full day for investors to react to last week’s rally, the new CEO, and the latest on the bank’s credit.