Eagle Bancorp Montana Earns $2.3 Million, or $0.36 per Diluted Share, in 4Q19 and Record $10.9 Million, or $1.69 Per Diluted Share, for the 12 months; Declares Regular Quarterly Cash Dividend of $0.095 per Share

Eagle Bancorp Montana Earns $2.3 Million, or $0.36 per Diluted Share, in 4Q19 and Record $10.9 Million, or $1.69 Per Diluted Share, for the 12 months; Declares Regular Quarterly Cash Dividend of $0.095 per Share

HELENA, Mont., Jan. 28, 2020 (GLOBE NEWSWIRE) https://speedyloan.net/installment-loans-ct/ — Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the “Company, ” “Eagle”), the keeping business of chance Bank of Montana, today reported net gain increased 61.8per cent to $2.3 million, or $0.36 per diluted share, within the 4th quarter of 2019, in comparison to $1.4 million, or $0.26 per diluted share, into the 4th quarter of 2018. When you look at the preceding quarter, net gain ended up being accurate documentation $4.1 million, or $0.63 per diluted share, showing the higher level of share from home loan banking and gains from purchase of loans. Development through the two purchases completed in the last couple of years additionally contributed to record profits and earnings this current year. There have been $505,000 in acquisition-related costs when you look at the 4th quarter of 2019, when compared with $517,000 when you look at the preceding quarter and $582,000 into the 4th quarter last year. Leggi tutto “Eagle Bancorp Montana Earns $2.3 Million, or $0.36 per Diluted Share, in 4Q19 and Record $10.9 Million, or $1.69 Per Diluted Share, for the 12 months; Declares Regular Quarterly Cash Dividend of $0.095 per Share”