EXHIBIT 23

                         CONSENT OF INDEPENDENT AUDITORS

We hereby consent to the incorporation by reference in Registration Statements
on Form S-8 (Nos. 333-78449 and 333-89838) of Eagle Bancorp, Inc., of our report
dated February 13, 2004, relating to the consolidated balance sheets of Eagle
Bancorp, Inc. as of December 31, 2003 and 2002, and the related consolidated
statements of operations, changes in stockholders' equity and cash flows for
each of the years ended December 31, 2003, 2002, and 2001.


 /s/ Stegman and Company


Baltimore, Maryland
March 29, 2004