Eagle Bancorp Montana ( (EBMT) ) has released its Q1 earnings. Here is a breakdown of the information Eagle Bancorp Montana presented to its investors.
Eagle Bancorp Montana, Inc., a bank holding company based in Helena, Montana, operates through its subsidiary, Opportunity Bank of Montana, providing banking services to consumers and small businesses across the state. In the first quarter of 2025, Eagle Bancorp Montana reported a net income of $3.2 million, or $0.41 per diluted share, marking a significant increase from the same period last year. The company also declared a quarterly cash dividend of $0.1425 per share and renewed its stock repurchase plan. Key financial metrics for the quarter included a net interest margin of 3.74%, a 15-basis point increase from the previous quarter, and a 41-basis point increase from the first quarter of 2024. Total deposits grew by 3.3% year-over-year to $1.69 billion, while total loans saw a modest increase of 1.7% to $1.52 billion. The company’s strategic focus on expanding its community bank franchise in Montana is underscored by its steady core deposit base and balanced loan portfolio. Looking ahead, Eagle Bancorp Montana remains optimistic about its growth prospects, supported by its strong market position and the anticipated easing of deposit pricing following recent Federal Reserve rate cuts.