Eagle Bancorp Montana (EBMT) Raises Quarterly Dividend 2.8% to $0.0925; 1.9% Yield

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Go back to Eagle Bancorp Montana (EBMT) Raises Quarterly Dividend 2.8% to $0.0925; 1.9% Yield

Eagle Bancorp Montana Earns $1.3 Million in the Second Quarter; Increases Regular Quarterly Cash Dividend to $0.0925 per Share and Renews Stock Repurchase Plan

July 24, 2018 12:00 PM EDT

HELENA, Mont., July 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 increased 132.6% to $1.3 million, or $0.24 per diluted share, in the second quarter of 2018 compared to $573,000, or $0.11 per diluted share, in the first quarter of 2018, and increased 25.0% compared to $1.1 million, or $0.27 per diluted share, in the second quarter of 2017.  Second quarter 2018 operating results were impacted by $131,000 of acquisition-related expenses, compared to $234,000 of acquisition-related expenses in the preceding quarter and no acquisition expenses in the second quarter of 2017.... More