Janney Montgomery Scott LLC Purchases 4,411 Shares of Eagle Bancorp, Inc. (NASDAQ:EGBN)

Janney Montgomery Scott LLC is a financial services firm that provides investment banking and wealth management services to individuals and businesses. The company operates in various markets, including the United States, Europe, and Asia.

Eagle Bancorp, Inc. is a financial services provider based in Florida, United States. The company operates through its subsidiaries, which provide banking, insurance, and investment services to customers across the country.

In the third quarter of 2021, Janney Montgomery Scott LLC purchased an additional 4,411 shares of Eagle Bancorp, Inc.'s stock, increasing its holdings in the company by 16.9%. After this purchase, the fund owned a total of 30,496 shares of the financial services provider's stock.

This investment reflects Janney Montgomery Scott LLC's confidence in Eagle Bancorp, Inc.'s continued growth and success in the financial services industry. The company has a strong track record of delivering consistent earnings and revenue growth, which is likely to attract more investors like Janney Montgomery Scott LLC.