earnings
confidence high
sentiment neutral
materiality 0.55
Eagle Bancorp Q2 net income $1.7M ($0.22/diluted share); dividend raised to $0.1425
Eagle Bancorp Montana, Inc.
2024-Q2 EPS reported
$0.46
- Net income of $1.7M vs $2.0M in Q2 2023; diluted EPS $0.22 vs $0.26 year ago.
- NIM expanded 8 bps sequentially to 3.41%; total loans grew 6.8% YoY to $1.52B.
- Quarterly cash dividend increased to $0.1425/share (4.27% yield), payable Sept 6, 2024.
- Nonperforming loans fell to $5.1M from $9.9M a year ago; allowance at 330.8% of NPLs.
- Net interest income rose 2.4% YoY to $15.6M; revenues $19.9M, down 7.3% YoY.