Eagle Bancorp Montana Inc (EBMT) |
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Price: $15.3500
$0.15
0.987%
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Day's High:
| $15.3706
| Week Perf:
| -0.07 %
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Day's Low: |
$ 15.13 |
30 Day Perf: |
5.79 % |
Volume (M): |
22 |
52 Wk High: |
$ 17.62 |
Volume (M$): |
$ 344 |
52 Wk Avg: |
$14.42 |
Open: |
$15.20 |
52 Wk Low: |
$12.32 |
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Market Capitalization (Millions $) |
122 |
Shares
Outstanding (Millions) |
8 |
Employees |
234 |
Revenues (TTM) (Millions $) |
80 |
Net Income (TTM) (Millions $) |
9 |
Cash Flow (TTM) (Millions $) |
21 |
Capital Exp. (TTM) (Millions $) |
13 |
Eagle Bancorp Montana Inc
Eagle Bancorp Montana, Inc., is a Delaware corporation that holds 100.0% of
the capital stock of Opportunity Bank of Montana (“the Bank”), formerly
American Federal Savings Bank (“AFSB”). In 2014, the Board of Directors
(“the Board”) determined that it was in the Company’s best
interests to adopt a Montana community bank charter and the Company applied
to the State of Montana to form an interim bank for the purpose of facilitating
the conversion of AFSB from a federally chartered savings bank to a Montana-chartered
commercial bank. Upon receiving required approvals of the Montana Division of
Banking and Financial Institutions and the federal banking agencies for the
conversion, the conversion became effective on October 14, 2014. Concurrent
with the conversion, the Bank applied, and was approved, for membership in the
Federal Reserve System of the Board of Governors. In connection with the conversion,
AFSB changed its name to Opportunity Bank of Montana. As a result of the conversion,
the Bank is now regulated by the Montana Division of Banking and Financial Institutions.
As a Federal Reserve Board (“FRB”) member bank, its primary federal
regulator is the FRB, and the Company is a registered bank holding company regulated
by the FRB.
The Bank was founded in 1922 as a Montana-chartered building and loan association
and has conducted operations in Helena since that time. In 1975, the Bank adopted
a federal thrift charter and in October 2014 converted to a Montana-chartered
commercial bank. On November 30, 2012, the Company completed a significant transaction
with Sterling Financial Corporation (“Sterling”) of Spokane, Washington
in which the Company purchased all of Sterling’s retail bank branches
in Montana. As a result of this transaction, the Bank’s assets grew to
over $500 million and the retail branch network grew from six to 13 full service
branches, with six branches in new markets. The acquisition also included the
addition of a wealth management division with over $100 million in managed assets
and a mortgage banking operation that has increased opportunities for additional
origination and fee income. The Bank currently has 15 automated teller machines
located in our market areas and we participate in the Money Pass® ATM network.
As of December 31, 2015, the Bank was the 7th largest commercial bank headquartered
in Montana in terms of deposits.
The Bank has equity investments in Certified Development Entities which have
received allocations of New Markets Tax Credits (“NMTC”). Administered
by the Community Development Financial Institutions Fund of the U.S. Department
of the Treasury, the NMTC program is aimed at stimulating economic and community
development and job creation in low-income communities.
The Company’s principal strategy is to manage its principal asset, the
Bank, in a profitable manner. The Company seeks to continue profitable operations
through building a diversified loan portfolio and positioning the Bank as a
full-service community bank that offers both retail and commercial loan and
deposit products in all of its markets. We believe that this focus will enable
us to continue to grow our franchise, while maintaining our commitment to customer
service, high asset quality, and sustained net earnings.
The Bank primarily originates residential mortgages (1-4 family) and, commercial
real estate loans, real estate construction loans, home equity loans, consumer
loans and commercial loans. Commercial real estate loans include loans on multi-family
dwellings, loans on nonresidential property and loans on developed and undeveloped
land. Home equity loans include loans secured by the borrower’s primary
residence. Typically, the property securing such loans is subject to a prior
lien. Consumer loans consist of loans secured by collateral other than real
estate, such as automobiles, recreational vehicles and boats. Personal loans
and lines of credit are made on deposits held by the Bank and on an unsecured
basis. Commercial business loans consist of business loans and lines of credit
on a secured and unsecured basis.
State-chartered commercial banks such as the Bank have the authority to invest
in various types of investment securities, including United States Treasury
obligations, securities of various Federal agencies (including securities collateralized
by mortgages), certificates of deposits of insured banks and savings institutions,
municipal securities, corporate debt securities and loans to other banking institutions.
Eagle maintains liquid assets that may be invested in specified short-term
securities and other investments. Liquidity levels may be increased or decreased
depending on the yields on investment alternatives. They may also be increased
based on management’s judgment as to the attractiveness of yields available
in relation to other opportunities. Liquidity levels can also change based on
management’s expectation of future yield levels, as well as management’s
projections as to the short-term demand for funds to be used in the Bank’s
loan origination and other activities. Eagle maintains an investment securities
portfolio and a mortgage-backed securities (“MBSs”) portfolio as
part of its investment portfolio
Company Address: 1400 Prospect Avenue Helena 59601 MT
Company Phone Number: 442-3080 Stock Exchange / Ticker: EBMT
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Customers Net Income fell by |
EBMT's Customers Net Profit Margin fell to |
-24.81 % |
13.11 %
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Stock Performances by Major Competitors |
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Eagle Bancorp Montana Inc
The stock market can be a highly volatile and unpredictable space, making it essential for investors to stay updated on the latest news and trends to make informed decisions. Today, we have some encouraging news to share about Eagle Bancorp Montana Inc (NASDAQ: EBMT), a prominent financial institution that recently announced its declaration of a quarterly cash dividend of $0.14 per share. This decision showcases the company's strong commitment to its shareholders and solidifies its position as a reliable investment option. In the financial span closing March 31, 2024, Eagle Bancorp Montana Inc experienced a decrease in income per share, with a decline of -42.86% to $0.24 per share. This decrease can be attributed to a decline in revenue of -7.296% to $19.30 million compared to the prior reporting period. Despite these challenges, the company remains resilient and continues to prioritize the well-being of its shareholders.
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Eagle Bancorp Montana Inc
Eagle Bancorp Montana Inc, a regional bank company, has experienced a significant decline in its share price over the past year, dropping by -26.17%. This negative trend has continued in the past 90 days, with the share price decreasing by 7.85%. Additionally, the shares are currently trading only 14.7% above their 52-week low. One of the factors contributing to this decline is the company's financial performance, as reported in the Dec 31, 2023, financial report. Although there was a small revenue growth of 1.498%, the company experienced a significant decline in income, reaching -31.73% compared to the previous year. The revenue for the period was $20.74 million, with earnings per share (EPS) at $0.27. In comparison to the previous financial reporting period, the income decreased by -20.27% from $0.34 per share, and the revenue decreased by -1.398% from $21.03 million. Furthermore, the bottom-line for the most recent fiscal period dropped by -40.25% from $3.622 million to $2.164 million.
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Dividend
Published Tue, Jan 23 2024 3:00 PM UTC
Eagle Bancorp Montana Inc Declares Quarterly Dividend of $0.14 Per Share, Demonstrating Commitment to Shareholders Eagle Bancorp Montana Inc, a prominent financial institution, recently announced its declaration of a quarterly cash dividend of $0.14 per share. This decision emphasizes the company s commitment to its shareholders, rewarding their investment and stability ...
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Eagle Bancorp Montana Inc
Eagle Bancorp Montana Inc (NASDAQ: EBMT), the holding company of Opportunity Bank of Montana, recently released its financial results for the third quarter of 2023. The report showcased a drop in revenue and profits, reflecting a challenging financial period for the company. This article will delve into the key numbers and trends presented in the report, analyzing the implications for investors and the future outlook for Eagle Bancorp Montana Inc. Revenue and Profits Decrease in Q3 2023: Eagle Bancorp Montana Inc witnessed a negative trend in its revenue and profits during the financial period ending September 30, 2023. The company's income per share fell by 15% to $0.34, while revenue declined by 15.141% year on year. In comparison to the same period the previous year, revenue was reported at $21.03 million, down from $24.79 million.
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Eagle Bancorp Montana Inc
NEWS ARTICLE FOR INVESTORS: Eagle Bancorp Montana Inc (EBMT) Reports Strong Earnings Growth Despite Declining Revenue In the second quarter of the 2023 earnings season, Eagle Bancorp Montana Inc (EBMT) managed to impress investors with its strong earnings growth, even in the face of weak revenue. The company reported a surge of 8.33% in income per share, reaching $0.26 per share. However, their revenue declined by 5.799% to $21.15 million, year on year. Comparatively, the average growth for the Regional Banks industry was positive, with a top-line growth reported in the second quarter of 2023. However, earnings for the industry deteriorated from the prior reporting period, experiencing a decline of 38.1% from $0.42 per share. Revenue, on the other hand, saw a modest increase of 1.58% from $20.82 million.
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Per Share |
Current |
Earnings (TTM) |
1.07 $ |
Revenues (TTM) |
10.05 $
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Cash Flow (TTM) |
2.69 $ |
Cash |
38.53 $
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Book Value |
22.31 $
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Dividend (TTM) |
0.57 $ |
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Per Share |
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Earnings (TTM) |
1.07 $
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Revenues (TTM) |
10.05 $ |
Cash Flow (TTM) |
2.69 $ |
Cash |
38.53 $
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Book Value |
22.31 $ |
Dividend (TTM) |
0.57 $ |
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