Eagle Bancorp Montana (NASDAQ:EBMT) Posts Earnings Results

Eagle Bancorp Montana (NASDAQ:EBMT – Get Free Report) announced its quarterly earnings results on Tuesday. The bank reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates 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%.

Eagle Bancorp Montana Trading Down 0.1%

EBMT stock traded down $0.03 during midday trading on Tuesday, hitting $21.32. The stock had a trading volume of 19,265 shares, compared to its average volume of 51,959. The company’s 50-day moving average price is $21.82 and its 200 day moving average price is $22.16. 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 firm has a market cap of $169.92 million, a PE ratio of 10.45 and a beta of 0.37.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Eagle Bancorp Montana from a “buy (a-)” rating to a “buy (b+)” rating in a research note 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 company’s stock. According to data from MarketBeat.com, Eagle Bancorp Montana presently has a consensus rating of “Hold” and an average price target of $23.50.

Check Out Our Latest Research 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.

Read More

Earnings History for Eagle Bancorp Montana (NASDAQ:EBMT)

Receive News & Ratings for Eagle Bancorp Montana Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eagle Bancorp Montana and related companies with MarketBeat.com's FREE daily email newsletter.