Quarterly ResultMay 7, 2026, 12:27 PM
Eagle Bancorp Montana Q1 Net Income +23%; EPS $0.51
AI Summary
Eagle Bancorp Montana reported a significant increase in net income and earnings per share for the first quarter of 2026. Net income rose 23.01% to $3.98 million, with basic EPS climbing to $0.51. The company also saw strong growth in net interest income and noninterest income. However, the provision for credit losses increased substantially, and total assets experienced a slight quarter-over-quarter decrease.
Key Highlights
- Net income increased 23.01% to $3.98 million for Q1 2026 from $3.24 million in Q1 2025.
- Basic earnings per common share rose 24.39% to $0.51 in Q1 2026 from $0.41 in Q1 2025.
- Net interest income grew 10.66% to $18.70 million in Q1 2026 from $16.90 million in Q1 2025.
- Total noninterest income increased 21.54% to $4.88 million in Q1 2026 from $4.02 million in Q1 2025.
- Provision for credit losses significantly increased to $279,000 in Q1 2026 from $42,000 in Q1 2025.
- Total assets decreased slightly by 0.69% to $2.09 billion at March 31, 2026, from $2.11 billion at December 31, 2025.
- Total deposits increased 0.25% to $1.79 billion at March 31, 2026, from $1.78 billion at December 31, 2025.
- Dividends paid increased to $0.145 per share in Q1 2026 from $0.1425 per share in Q1 2025.
Price Impact
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