Eagle Bancorp Montana (NASDAQ:EBMT) Releases Quarterly Earnings Results, Misses Estimates By $0.16 EPS

Eagle Bancorp Montana (NASDAQ:EBMT – Get Free Report) released its quarterly earnings results on Tuesday. The bank reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.16), Zacks reports. Eagle Bancorp Montana had a return on equity of 8.36% and a net margin of 12.57%.

Eagle Bancorp Montana Trading Down 0.1%

Shares of NASDAQ EBMT traded down $0.03 during midday trading on Tuesday, reaching $21.32. 19,265 shares of the stock were exchanged, compared to its average volume of 51,959. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.87 and a quick ratio of 0.86. Eagle Bancorp Montana has a 12 month low of $15.80 and a 12 month high of $24.66. The business has a 50-day simple moving average of $21.82 and a two-hundred day simple moving average of $22.16. The company has a market capitalization of $169.92 million, a price-to-earnings ratio of 10.45 and a beta of 0.37.

Analyst Ratings Changes

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

View Our Latest Report on Eagle Bancorp Montana

Eagle Bancorp Montana Company Profile

(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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