Eagle Bancorp Montana Inc (NASDAQ:EBMT) – Investment analysts at FIG Partners increased their FY2019 earnings estimates for shares of Eagle Bancorp Montana in a research report issued on Wednesday, Zacks Investment Research reports. FIG Partners analyst T. Coffey now anticipates that the bank will post earnings of $2.32 per share for the year, up from their prior forecast of $2.08.
Eagle Bancorp Montana (NASDAQ:EBMT) last posted its quarterly earnings results on Monday, October 23rd. The bank reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.11. Eagle Bancorp Montana had a net margin of 11.85% and a return on equity of 8.46%. The business had revenue of $10.15 million during the quarter, compared to the consensus estimate of $10.00 million.
Separately, Zacks Investment Research downgraded shares of Eagle Bancorp Montana from a “buy” rating to a “hold” rating in a research report on Thursday, December 21st.
Eagle Bancorp Montana (EBMT) traded up $0.37 during midday trading on Thursday, reaching $21.62. 6,680 shares of the company traded hands, compared to its average volume of 3,435. Eagle Bancorp Montana has a twelve month low of $17.35 and a twelve month high of $21.95. The company has a current ratio of 0.99, a quick ratio of 0.97 and a debt-to-equity ratio of 1.72. The firm has a market cap of $106.26, a P/E ratio of 16.76, a P/E/G ratio of 1.27 and a beta of 0.44.
A number of large investors have recently modified their holdings of EBMT. Advisor Group Inc. lifted its stake in Eagle Bancorp Montana by 148.5% during the 2nd quarter. Advisor Group Inc. now owns 13,914 shares of the bank’s stock valued at $252,000 after acquiring an additional 8,315 shares in the last quarter. Context BH Capital Management LP lifted its stake in Eagle Bancorp Montana by 43.7% during the 2nd quarter. Context BH Capital Management LP now owns 21,851 shares of the bank’s stock valued at $396,000 after acquiring an additional 6,649 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in Eagle Bancorp Montana by 76.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 26,696 shares of the bank’s stock valued at $538,000 after acquiring an additional 11,593 shares in the last quarter. Kennedy Capital Management Inc. bought a new position in Eagle Bancorp Montana during the 2nd quarter valued at $558,000. Finally, Vanguard Group Inc. lifted its stake in Eagle Bancorp Montana by 3.8% during the 2nd quarter. Vanguard Group Inc. now owns 46,873 shares of the bank’s stock valued at $848,000 after acquiring an additional 1,723 shares in the last quarter. Institutional investors and hedge funds own 26.56% of the company’s stock.
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Eagle Bancorp Montana Company Profile
Eagle Bancorp Montana, Inc is the bank holding company for Opportunity Bank of Montana (the Bank). The Bank is a Montana-chartered commercial bank. The Bank has equity investments in Certified Development Entities, which have received allocations of New Markets Tax Credits (NMTC). The Company offers wealth management services at its locations through financial advisors employed by the Bank.
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