Eagle Bancorp Montana (NASDAQ:EBMT) Announces Quarterly Earnings Results

Eagle Bancorp Montana (NASDAQ:EBMT) released its quarterly earnings data on Tuesday. The bank reported $0.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.49 by $0.14, Fidelity Earnings reports. The firm had revenue of $18.12 million during the quarter, compared to analysts’ expectations of $15.10 million. Eagle Bancorp Montana had a return on equity of 11.15% and a net margin of 15.29%.

Eagle Bancorp Montana stock opened at $18.25 on Thursday. The company has a debt-to-equity ratio of 1.14, a quick ratio of 1.00 and a current ratio of 1.03. The firm has a market capitalization of $113.73 million, a price-to-earnings ratio of 17.06 and a beta of 0.50. Eagle Bancorp Montana has a fifty-two week low of $14.92 and a fifty-two week high of $18.89. The stock’s fifty day moving average is $17.00 and its two-hundred day moving average is $16.81.

In other news, Director Shavon Cape bought 3,790 shares of the stock in a transaction on Monday, August 19th. The shares were bought at an average price of $17.30 per share, with a total value of $65,567.00. Following the completion of the acquisition, the director now owns 7,145 shares of the company’s stock, valued at $123,608.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 8.50% of the stock is currently owned by corporate insiders.

Several research firms have issued reports on EBMT. ValuEngine cut Eagle Bancorp Montana from a “sell” rating to a “strong sell” rating in a research report on Thursday. Zacks Investment Research cut Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research report on Monday.

About Eagle Bancorp Montana

Eagle Bancorp Montana, Inc operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services in Montana. The company accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.

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Earnings History for Eagle Bancorp Montana (NASDAQ:EBMT)

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