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

Eagle Bancorp Montana (NASDAQ:EBMT) announced its earnings results on Tuesday. The bank reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.15, Zacks reports. Eagle Bancorp Montana had a return on equity of 4.96% and a net margin of 7.03%.

Eagle Bancorp Montana Stock Up 1.3 %

NASDAQ EBMT traded up $0.20 during trading on Tuesday, reaching $15.25. The company’s stock had a trading volume of 541 shares, compared to its average volume of 19,657. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $122.31 million, a PE ratio of 14.12 and a beta of 0.53. Eagle Bancorp Montana has a 1-year low of $12.32 and a 1-year high of $17.62. The business has a 50-day moving average price of $15.94 and a 200-day moving average price of $15.53.

Insider Buying and Selling at Eagle Bancorp Montana

In other news, Director Peter Joseph Johnson sold 5,000 shares of Eagle Bancorp Montana stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $16.97, for a total value of $84,850.00. Following the transaction, the director now directly owns 57,838 shares in the company, valued at approximately $981,510.86. The trade was a 7.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kenneth M. Walsh sold 6,705 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The stock was sold at an average price of $16.44, for a total value of $110,230.20. Following the transaction, the director now owns 141,033 shares of the company’s stock, valued at approximately $2,318,582.52. This trade represents a 4.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,795 shares of company stock worth $213,610 over the last three months. Corporate insiders own 6.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th.

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 to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.