Eagle Bancorp Montana (EBMT) Declares $0.0925 Quarterly Dividend; 2.1% Yield

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Eagle Bancorp Montana Earns $1.4 Million in 4Q18 and $5.0 Million in 2018; Declares Regular Quarterly Cash Dividend to $0.0925 per Share

January 29, 2019 12:00 PM EST

HELENA, Mont., Jan. 29, 2019 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the Company, Eagle), the holding company of Opportunity Bank of Montana, today reported net income was $1.4 million, or $0.26 per diluted share, in the fourth quarter of 2018 compared to $1.6 million, or $0.30 per diluted share, in the third quarter of 2018.  In the fourth quarter of 2017, following a writedown of its deferred tax asset, as a result of the Tax Cuts and Job Act, which resulted in an additional tax expense of $715,000, or $0.15 per diluted share, net income was $553,000, or $0.11 per diluted share.  There was $582,000 in... More