According to Zacks, “Eagle Bancorp operates as a holding company for American Federal Savings Bank that provides retail banking services in the south central portion of Montana. The company offers various deposit and loan products and services. The Bank is a federally chartered savings bank, engaging in typical banking activities: acquiring deposits from local markets and investing in loans and investment securities. Eagle Bancorp also offers real estate construction loans; consumer loans comprising auto loans, RV loans, boat loans, personal loans and credit lines, and deposit account loans; and commercial loans. Headquartered in Helena, Montana, the Company’s mission is to efficiently increase value for its customers, shareholders, employees and communities. “
Other equities analysts have also recently issued reports about the stock. Stephens cut shares of Eagle Bancorp Montana from an overweight rating to an equal weight rating in a research note on Wednesday, March 6th. ValuEngine upgraded shares of Eagle Bancorp Montana from a sell rating to a hold rating in a research note on Monday, May 13th.
Shares of NASDAQ EBMT opened at $16.75 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 1.04. Eagle Bancorp Montana has a 12 month low of $14.20 and a 12 month high of $19.85. The company has a market cap of $107.27 million, a price-to-earnings ratio of 15.65, a price-to-earnings-growth ratio of 1.08 and a beta of 0.45.
Eagle Bancorp Montana (NASDAQ:EBMT) last posted its earnings results on Tuesday, April 23rd. The bank reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. Eagle Bancorp Montana had a net margin of 10.63% and a return on equity of 7.36%. The firm had revenue of $13.32 million during the quarter, compared to analysts’ expectations of $12.60 million. As a group, equities research analysts forecast that Eagle Bancorp Montana will post 1.55 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, June 7th. Investors of record on Friday, May 17th will be paid a $0.0925 dividend. This represents a $0.37 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Thursday, May 16th. Eagle Bancorp Montana’s dividend payout ratio is currently 34.58%.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Stockman Wealth Management Inc. lifted its stake in shares of Eagle Bancorp Montana by 10.3% in the 4th quarter. Stockman Wealth Management Inc. now owns 25,179 shares of the bank’s stock valued at $407,000 after purchasing an additional 2,346 shares during the period. Thomson Horstmann & Bryant Inc. lifted its stake in shares of Eagle Bancorp Montana by 4.2% in the 4th quarter. Thomson Horstmann & Bryant Inc. now owns 144,429 shares of the bank’s stock valued at $2,383,000 after purchasing an additional 5,860 shares during the period. B. Riley Financial Inc. acquired a new position in shares of Eagle Bancorp Montana in the 4th quarter valued at $216,000. Naples Global Advisors LLC lifted its stake in shares of Eagle Bancorp Montana by 13.1% in the 4th quarter. Naples Global Advisors LLC now owns 27,475 shares of the bank’s stock valued at $464,000 after purchasing an additional 3,175 shares during the period. Finally, Penn Capital Management Co. Inc. lifted its stake in shares of Eagle Bancorp Montana by 5.6% in the 4th quarter. Penn Capital Management Co. Inc. now owns 55,442 shares of the bank’s stock valued at $915,000 after purchasing an additional 2,947 shares during the period. Hedge funds and other institutional investors own 36.51% 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 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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