Sunday, February 7, 2016

Seeking Alpha: Eagle Bancorp Flying High

Eagle Bancorp (NASDAQ:EGBN) has done well since I spotlighted the bank as a Top Idea back in mid-2013, with the shares up more than 90% in that time and basically matching super-performer Bank of the Ozarks (NASDAQ:OZRK). Like Bank of the Ozarks, Eagle is now in that tough grey zone where I love the growth and love management's strategy, but I don't love the valuation. I am generally loathe to tell investors to get out of a good growth story just because of valuation, and that's the case here, but I don't see enough valuation upside to recommend it as a new investment.

Continue here:
Eagle Bancorp Flying High

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