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

Eagle Bancorp Montana (NASDAQ:EBMT) posted its earnings results on Tuesday. The bank reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.13, Zacks reports. Eagle Bancorp Montana had a return on equity of 7.53% and a net margin of 10.76%.

Eagle Bancorp Montana Price Performance

Shares of EBMT traded up $1.11 during midday trading on Tuesday, reaching $21.71. The stock had a trading volume of 28,713 shares, compared to its average volume of 35,994. The company has a current ratio of 0.89, a quick ratio of 0.88 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $172.55 million, a price-to-earnings ratio of 12.64 and a beta of 0.31. The company’s 50-day moving average is $18.92 and its 200 day moving average is $17.60. Eagle Bancorp Montana has a 12-month low of $14.87 and a 12-month high of $22.00.

Analyst Ratings Changes

Several analysts have issued reports on EBMT shares. Weiss Ratings reiterated a “buy (b-)” rating on shares of Eagle Bancorp Montana in a research note on Monday, December 29th. Zacks Research downgraded Eagle Bancorp Montana from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Institutional Trading of Eagle Bancorp Montana

Several hedge funds and other institutional investors have recently bought and sold shares of EBMT. Russell Investments Group Ltd. bought a new stake in shares of Eagle Bancorp Montana during the 3rd quarter valued at $25,000. Raymond James Financial Inc. bought a new stake in shares of Eagle Bancorp Montana in the second quarter worth $28,000. BNP Paribas Financial Markets grew its stake in shares of Eagle Bancorp Montana by 60.8% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,757 shares of the bank’s stock valued at $30,000 after purchasing an additional 664 shares during the period. Jones Financial Companies Lllp grew its position in Eagle Bancorp Montana by 355.3% during the first quarter. Jones Financial Companies Lllp now owns 2,263 shares of the bank’s stock valued at $38,000 after buying an additional 1,766 shares during the period. Finally, State of Wyoming bought a new stake in shares of Eagle Bancorp Montana during the 2nd quarter valued at $46,000. Hedge funds and other institutional investors own 35.66% of the company’s stock.

Eagle Bancorp Montana Company Profile

Eagle Bancorp Montana, Inc is a bank holding company headquartered in Helena, Montana, that operates through its wholly owned subsidiary, Eagle Bank & Trust. The company offers a range of community banking services to individuals, small businesses and governmental entities. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing and treasury management.

Through Eagle Bank & Trust, the company provides checking and savings accounts, certificates of deposit, online and mobile banking platforms, ATM access and cash management solutions designed to meet the needs of local customers.