Eagle Bancorp Montana (NASDAQ:EBMT) Issues Earnings Results

Eagle Bancorp Montana (NASDAQ:EBMT – Get Free Report) posted its quarterly earnings data on Tuesday. The bank reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.16), Zacks reports. Eagle Bancorp Montana had a net margin of 12.57% and a return on equity of 8.36%. The company had revenue of $25.08 million during the quarter, compared to analyst estimates of $24.50 million.

Eagle Bancorp Montana Trading Down 0.0%

Shares of EBMT traded down $0.01 during trading hours on Tuesday, hitting $21.34. 32,128 shares of the stock traded hands, compared to its average volume of 51,961. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 0.49. Eagle Bancorp Montana has a 1-year low of $15.80 and a 1-year high of $24.66. The firm has a market capitalization of $170.08 million, a PE ratio of 10.46 and a beta of 0.37. The business has a fifty day moving average of $21.82 and a 200-day moving average of $22.16.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Eagle Bancorp Montana from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Friday, October 9th. One analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $23.50.

View Our Latest Report on EBMT

About Eagle Bancorp Montana

(Get Free Report)

Eagle Bancorp Montana, Inc was a Montana-based bank holding company that operated through its subsidiary, Opportunity Bank of Montana. The company provided community banking services to individuals, families, small businesses and commercial customers across Montana.

Opportunity Bank offered deposit accounts, residential mortgage lending, consumer loans, commercial real estate financing, business loans and other banking products. Its services also included online and mobile banking, along with traditional branch-based banking.

Opportunity Bank traced its history to 1922 and served communities throughout Montana through a network of branches.

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Earnings History for Eagle Bancorp Montana (NASDAQ:EBMT)

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