Eagle Bancorp Montana (EBMT) Tops Q3 EPS by 13c

Eagle Bancorp Montana (NASDAQ: EBMT) reported Q3 EPS of $0.46, $0.13 better than the analyst estimate of $0.33.

"We produced record operating results during the quarter, with strong revenue growth, robust mortgage production, double digit annualized loan growth and an improved net interest margin," said Peter J. Johnson, President and CEO. "Our focus on gathering core deposits, growing the loan portfolio and expanding our customer base throughout Montana continues to gain momentum. We continue to improve upon our performance metrics with a return on average assets of 1.07%, a return on average equity of 11.82% and an improved efficiency ratio of 69.70%, for the third quarter of 2016. This solid financial performance is a reflection of the hard work of our employees and their commitment to our customers."

For earnings history and earnings-related data on Eagle Bancorp Montana (EBMT) click here.

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