Eagle Bancorp Montana, Inc. (EBMT) to Issue Quarterly Dividend of $0.15 on June 5th

Eagle Bancorp Montana, Inc. (NASDAQ:EBMT) announced a quarterly dividend on Thursday, April 23rd. Shareholders of record on Friday, May 15th will be paid a dividend of 0.145 per share by the bank on Friday, June 5th. This represents a c) dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Friday, May 15th.

Eagle Bancorp Montana has raised its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 14 consecutive years. Eagle Bancorp Montana has a dividend payout ratio of 31.5% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Eagle Bancorp Montana to earn $2.20 per share next year, which means the company should continue to be able to cover its $0.58 annual dividend with an expected future payout ratio of 26.4%.

Eagle Bancorp Montana Stock Performance

Shares of EBMT stock opened at $22.43 on Wednesday. The firm has a market capitalization of $178.65 million, a PE ratio of 11.33 and a beta of 0.35. The firm has a fifty day simple moving average of $21.52 and a two-hundred day simple moving average of $20.13. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.37. Eagle Bancorp Montana has a 12 month low of $15.10 and a 12 month high of $23.94.

Eagle Bancorp Montana (NASDAQ:EBMT) last announced its quarterly earnings results on Tuesday, April 28th. The bank reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.06. The business had revenue of $23.58 million during the quarter, compared to analyst estimates of $23.05 million. Eagle Bancorp Montana had a net margin of 12.16% and a return on equity of 8.29%. Analysts forecast that Eagle Bancorp Montana will post 2.08 EPS for the current fiscal year.

About Eagle Bancorp Montana

Eagle Bancorp Montana, Inc is a bank holding company headquartered in Helena, Montana, that operates through its wholly owned subsidiary, Eagle Bank & Trust. The company offers a range of community banking services to individuals, small businesses and governmental entities. Its core offerings include deposit accounts, commercial and consumer lending, mortgage financing and treasury management.

Through Eagle Bank & Trust, the company provides checking and savings accounts, certificates of deposit, online and mobile banking platforms, ATM access and cash management solutions designed to meet the needs of local customers.