earnings
confidence high
sentiment negative
materiality 0.65
Eagle Bancorp Montana Q3 2023 net income $0.34 EPS; NIM contracts to 3.41%; loans up 12.5% YoY
Eagle Bancorp Montana, Inc.
2023-Q3 EPS reported
$1.01
- Q3 net income $2.6M ($0.34 diluted EPS), down from $0.40 year ago, up from $0.26 prior quarter.
- Net interest margin fell to 3.41% from 4.18% a year ago; funding costs rose to 2.37%.
- Total loans grew 12.5% YoY to $1.48B; deposits decreased 3.5% YoY to $1.62B.
- Quarterly dividend of $0.14 declared, payable Dec 1, 2023, record Nov 10 (yield 4.81%).
- Nonperforming loans declined to $7.8M from $9.9M prior quarter; provision for credit losses $588k.