Eagle Bancorp Montana (EBMT) Set to Announce Earnings on Tuesday

Eagle Bancorp Montana (NASDAQ:EBMT) is scheduled to be posting its quarterly earnings results on Tuesday, April 23rd.

Eagle Bancorp Montana (NASDAQ:EBMT) last issued its quarterly earnings results on Tuesday, January 23rd. The bank reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by ($0.05). The company had revenue of $30.35 million during the quarter, compared to the consensus estimate of $22.10 million. Eagle Bancorp Montana had a net margin of 8.80% and a return on equity of 6.17%. On average, analysts expect Eagle Bancorp Montana to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Eagle Bancorp Montana Stock Performance

NASDAQ:EBMT opened at $12.49 on Monday. The firm has a market capitalization of $100.17 million, a P/E ratio of 9.61 and a beta of 0.53. Eagle Bancorp Montana has a twelve month low of $11.26 and a twelve month high of $17.65. The company has a fifty day moving average of $12.87 and a 200-day moving average of $13.14. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 1.39.

Hedge Funds Weigh In On Eagle Bancorp Montana

A number of hedge funds and other institutional investors have recently modified their holdings of EBMT. UBS Group AG boosted its position in Eagle Bancorp Montana by 269.5% during the 3rd quarter. UBS Group AG now owns 1,371 shares of the bank’s stock valued at $26,000 after acquiring an additional 1,000 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Eagle Bancorp Montana by 1,777.3% in the second quarter. Tower Research Capital LLC TRC now owns 2,065 shares of the bank’s stock valued at $27,000 after purchasing an additional 1,955 shares during the last quarter. Williams Jones Wealth Management LLC. bought a new position in Eagle Bancorp Montana in the first quarter worth about $172,000. Susquehanna International Group LLP purchased a new stake in shares of Eagle Bancorp Montana during the fourth quarter valued at about $289,000. Finally, State Street Corp lifted its position in shares of Eagle Bancorp Montana by 8.3% during the first quarter. State Street Corp now owns 14,471 shares of the bank’s stock valued at $323,000 after buying an additional 1,107 shares during the last quarter. 35.66% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com began coverage on shares of Eagle Bancorp Montana in a research report on Thursday, December 28th. They set a “hold” rating on the stock.

About Eagle Bancorp Montana

Eagle Bancorp Montana, Inc operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services to small businesses and individuals in Montana. It accepts various deposit products, such as checking, savings, money market, and individual retirement accounts, as well as certificates of deposit accounts.