Eagle Bancorp Montana (EBMT) Reports Q2 EPS of $0.32
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Eagle Bancorp Montana Earns a Record $1.3 Million, or $0.32 Per Diluted Share, in 2Q16; Increases Regular Quarterly Cash Dividend to $0.08 per Share and Announces Stock Repurchase Plan
July 28, 2016 2:31 PM EDTHELENA, Mont., July 28, 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 59.6% to $1.3 million, or $0.32 per diluted share, in the second quarter of 2016, compared to $792,000, or $0.21 per diluted share, in the second quarter a year ago. In the preceding quarter, Eagle earned $647,000, or $0.17 per diluted share.Â
In the first six months of 2016, net income increased 62.2% to $1.9 million, or $0.49 per diluted share, compared to $1.2 million, or $0.30 per diluted share, in the first six months of 2015.
... MoreEagle Bancorp Montana Revises First Quarter 2016 Results
July 27, 2016 5:00 PM EDTHELENA, Mont., July 27, 2016 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the Company, Eagle), the holding company of Opportunity Bank of Montana, today reported that its Board of Directors determined that the Company had incorrectly reported interest income for the quarter ended March 31, 2016, included in the Companys quarterly report for the first quarter of 2016. As a result, the Board concluded that the Company will restate the unaudited condensed consolidated financial statements for the quarter ended March 31, 2016. The restatement will reduce the Companys interest and fees on loans, as well as net... More
