Eagle Bancorp Montana (EBMT) Declares $0.09 Quarterly Dividend; 1.7% Yield
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Eagle Bancorp Montana Earns $573,000 in the First Quarter; Highlighted by Ruby Valley Bank Acquisition; Declares Regular Quarterly Cash Dividend of $0.09 per Share
April 24, 2018 12:00 PM EDTHELENA, Montana, April 24, 2018 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the Company, Eagle), the holding company of Opportunity Bank of Montana, today reported net income was $573,000, or $0.11 per diluted share, in the first quarter of 2018, compared to $763,000, or $0.20 per diluted share, in the first quarter of 2017. First quarter 2018 operating results were impacted by $234,000 of acquisition-related expenses which reduced net income by $0.04 per diluted share. This compares to no acquisition expenses in the first quarter of 2017. In the fourth quarter of 2017, following a writedown of its deferred tax asset, which resulted in an... More
