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

Eagle Bancorp Montana (NASDAQ:EBMT) released its quarterly earnings data on Tuesday. The bank reported $0.34 EPS for the quarter, beating the consensus estimate of $0.30 by $0.04, Yahoo Finance reports. Eagle Bancorp Montana had a net margin of 7.06% and a return on equity of 5.07%. The business had revenue of $31.74 million during the quarter, compared to analyst estimates of $20.60 million.

Eagle Bancorp Montana Stock Performance

EBMT traded down $0.06 during trading on Thursday, reaching $16.80. 3,247 shares of the company’s stock were exchanged, compared to its average volume of 10,389. Eagle Bancorp Montana has a 1 year low of $11.26 and a 1 year high of $17.65. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.94 and a quick ratio of 0.93. The stock has a market capitalization of $134.69 million, a P/E ratio of 15.00 and a beta of 0.53. The company’s fifty day simple moving average is $15.71 and its 200-day simple moving average is $14.14.

Eagle Bancorp Montana Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Investors of record on Friday, November 15th will be paid a $0.142 dividend. This represents a $0.57 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date of this dividend is Friday, November 15th. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 50.89%.

Insiders Place Their Bets

In other news, Director Peter Joseph Johnson sold 7,374 shares of Eagle Bancorp Montana stock in a transaction that occurred on Friday, August 23rd. The shares were sold at an average price of $14.28, for a total transaction of $105,300.72. Following the completion of the transaction, the director now directly owns 61,139 shares of the company’s stock, valued at $873,064.92. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last ninety days, insiders sold 9,079 shares of company stock valued at $129,171. 6.70% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have commented on EBMT shares. StockNews.com initiated coverage on shares of Eagle Bancorp Montana in a research report on Sunday, September 15th. They set a “hold” rating for the company. Hovde Group started coverage on shares of Eagle Bancorp Montana in a research report on Friday, July 5th. They set a “market perform” rating and a $13.50 target price on the stock.

Eagle Bancorp Montana Company Profile

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