Eagle Bancorp Montana (NASDAQ:EBMT) Posts Earnings Results, Beats Expectations By $0.15 EPS

Eagle Bancorp Montana (NASDAQ:EBMT) announced its quarterly earnings results on Tuesday. The bank reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.15, Zacks reports. Eagle Bancorp Montana had a net margin of 7.03% and a return on equity of 4.96%.

Eagle Bancorp Montana Trading Up 0.1 %

Shares of EBMT stock opened at $15.00 on Thursday. Eagle Bancorp Montana has a 1 year low of $12.32 and a 1 year high of $17.62. The firm has a fifty day moving average price of $15.88 and a 200-day moving average price of $15.53. The company has a market cap of $120.30 million, a price-to-earnings ratio of 13.89 and a beta of 0.53. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.94 and a quick ratio of 0.93.

Eagle Bancorp Montana Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Friday, February 14th will be given a $0.1425 dividend. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from Eagle Bancorp Montana’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a yield of 3.80%. Eagle Bancorp Montana’s dividend payout ratio (DPR) is presently 52.78%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Eagle Bancorp Montana from a “hold” rating to a “buy” rating in a report on Wednesday.

Insider Activity at Eagle Bancorp Montana

In other news, Director Kenneth M. Walsh sold 6,705 shares of the business’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $16.44, for a total value of $110,230.20. Following the transaction, the director now owns 141,033 shares of the company’s stock, valued at approximately $2,318,582.52. The trade was a 4.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Peter Joseph Johnson sold 5,000 shares of the company’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $16.97, for a total transaction of $84,850.00. Following the transaction, the director now owns 57,838 shares of the company’s stock, valued at approximately $981,510.86. This represents a 7.96 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 12,795 shares of company stock worth $213,610. Corporate insiders own 6.70% of the company’s stock.

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 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.