Eagle Bancorp Montana (NASDAQ:EBMT - Get Free Report) posted its earnings results on Tuesday. The bank reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.08, Zacks reports. Eagle Bancorp Montana had a net margin of 8.02% and a return on equity of 5.68%.
Eagle Bancorp Montana Stock Performance
NASDAQ:EBMT traded up $0.25 during midday trading on Tuesday, hitting $17.36. The company's stock had a trading volume of 22,800 shares, compared to its average volume of 19,214. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.94 and a quick ratio of 0.93. Eagle Bancorp Montana has a fifty-two week low of $12.61 and a fifty-two week high of $18.37. The firm's 50 day moving average is $16.90 and its 200-day moving average is $16.39. The firm has a market cap of $138.44 million, a P/E ratio of 14.00 and a beta of 0.40.
Insider Transactions at Eagle Bancorp Montana
In other news, Director Kenneth M. Walsh sold 10,000 shares of the company's stock in a transaction dated Wednesday, February 5th. The stock was sold at an average price of $15.11, for a total value of $151,100.00. Following the sale, the director now owns 126,033 shares in the company, valued at $1,904,358.63. This represents a 7.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 6.10% of the company's stock.
Hedge Funds Weigh In On Eagle Bancorp Montana
A hedge fund recently raised its stake in Eagle Bancorp Montana stock. Bank of America Corp DE lifted its position in shares of Eagle Bancorp Montana, Inc. (NASDAQ:EBMT - Free Report) by 18.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,123 shares of the bank's stock after acquiring an additional 803 shares during the quarter. Bank of America Corp DE owned 0.06% of Eagle Bancorp Montana worth $79,000 as of its most recent SEC filing. Institutional investors and hedge funds own 35.66% of the company's stock.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded Eagle Bancorp Montana from a "hold" rating to a "buy" rating in a research note on Wednesday, January 29th.
View Our Latest Report on EBMT
About Eagle Bancorp Montana
(
Get Free Report)
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Eagle Bancorp Montana, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eagle Bancorp Montana wasn't on the list.
While Eagle Bancorp Montana currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
