Eagle Bancorp Montana (EBMT) Declares $0.21 Quarterly Dividend; 6.7% Yield

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Go back to Eagle Bancorp Montana (EBMT) Declares $0.21 Quarterly Dividend; 6.7% Yield

Eagle Bancorp Montana Earns $823,000, or $0.21 Per Diluted Share, in 1Q16; Declares Regular Quarterly Cash Dividend of $0.0775 per Share

April 29, 2016 12:00 PM EDT

HELENA, Mont., April 29, 2016 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the Company, Eagle), the holding company of Opportunity Bank of Montana, today reported net income increased 113% to $823,000, or $0.21 per diluted share, in the first quarter of 2016, compared to $386,000, or $0.10 per diluted share, in the first quarter a year ago.  In the preceding quarter, Eagle earned $881,000, or $0.22 per diluted share. 

We are pleased with the continuing improvements in our first quarter financial results with exceptional growth in our loan portfolio and solid growth in commercial loans, said Peter J.... More