Eagle Bancorp Montana (EBMT) Raises Quarterly Dividend 10% to $0.1375; 2.8% Yield

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Go back to Eagle Bancorp Montana (EBMT) Raises Quarterly Dividend 10% to $0.1375; 2.8% Yield

Eagle Bancorp Montana Earns $1.8 Million, or $0.24 per Diluted Share, in Second Quarter of 2022; Increases Quarterly Cash Dividend by 10% to $0.1375 per Share

July 26, 2022 10:00 AM EDT

HELENA, Mont., July 26, 2022 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the Company, Eagle), the holding company of Opportunity Bank of Montana (the Bank), today reported net income of $1.8 million, or $0.24 per diluted share, in the second quarter of 2022, compared to $2.2 million, or $0.34 per diluted share, in the preceding quarter, and $2.7 million, or $0.39 per diluted share, in the second quarter a year ago. Second quarter results were impacted by $1.9 million in acquisition costs associated with its merger of First Community Bancorp, Inc., and its subsidiary, First Community Bank (First Community). This compared to $317,000 in... More