Eagle Bancorp Montana Earns $3.0 Million, or $0.38 per Diluted Share, in the Third Quarter of 2026, Declares Quarterly Cash Dividend of $0.1475 Per Share
Key Highlights
- ➤Q3 net income $3.0 million, or $0.38 per diluted share, down year-over-year
- ➤Total loans $1.72 billion, up $159.0 million from the prior quarter
- ➤Provision for credit losses $1.9 million, versus $343,000 prior quarter
- ➤Third-quarter net interest income $20.0 million, up 4.4% sequentially
- ➤Quarterly dividend $0.1475 per share, payable December 4, 2026
Expert Statements
Laura F. Clark, CEO of Eagle Bancorp Montana
“Our third quarter was defined by record loan growth and continued strength in our core deposit franchise. Total loans increased $159.0 million from the prior quarter, with growth across our markets and lending lines that reflects strong customer demand and the deep relationships our bankers have built. Importantly, we grew without compromising our credit discipline or pricing. Net interest margin remained solid at 4.12%, and the larger loan portfolio we built this quarter positions us to grow earnings in the periods ahead. With a strong core deposit base supporting this growth, we enter the final quarter of the year with positive momentum and remain focused on delivering long-term value for our shareholders.”
Spaulding, Title not specified in article
“Our net interest margin contracted three-basis points from the prior quarter but was up 18-basis points over the same period a year ago. Compared with last year, the drop in funding costs more than offset a modest decline in earning asset yields, while funding costs held relatively steady from the prior quarter. Looking ahead, we will continue to focus on loan and deposit pricing as we work to protect our net interest margin in a rising rate environment”
Darryl Rensmon, President and Chief Operating Officer of Eagle Bancorp Montana
“We continue to invest strategically in our team and technology to support long-term growth, while maintaining a disciplined approach to managing expenses.”
HELENA, Mont., Oct. 27, 2026 (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 $3.0 million, or $0.38 per diluted share, in the third quarter of 2026, compared to $3.7 million, or $0.47 per diluted share, in the preceding quarter, and $3.6 million, or $0.46 per diluted share, in the third quarter of 2025. In the first nine months of 2026, net income increased to $10.7 million, or $1.36 per diluted share, compared to $10.1 million, or $1.29 per diluted share, in the first nine months of 2025.
Eagle’s board of directors declared a quarterly cash dividend of $0.1475 per share on October 22, 2026. The dividend will be payable on December 4, 2026, to shareholders of record on November 13, 2026. The current dividend represents an annualized yield of 2.58% based on the average closing price of the Company’s common stock reported on NASDAQ during the third quarter of 2026 of $22.91 per share.
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