Eagle Bancorp Montana (EBMT) Declares $0.08 Quarterly Dividend; 2.5% Yield

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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 EDT

HELENA, 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. 

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.

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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 EDT

HELENA, 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. 

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.

... More