Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fun ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving ...

[PART I. FINANCIAL INFORMATION](index=5&type=section&id=PART%20I.%20FINANCIAL%20INFORMATION) [Financial Statements (Unaudited)](index=5&type=section&id=Item%201.%20Financial%20Statements%20(Unaudited)) This section presents Eagle Bancorp Montana, Inc.'s unaudited condensed consolidated financial statements for Q1 2025, covering financial condition, income, comprehensive income, equity changes, and cash flows, with detailed accounting notes [Condensed Consolidated Statements of Financial Condition](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Financial%20Condition) As of March 31, 2025, total assets were $2.09 billion, a slight decrease from $2.10 billion at year-end 2024, driven by reduced cash and mortgage loans, while total liabilities decreased to $1.91 billion due to lower FHLB advances, and total shareholders' equity increased to $177.6 million Condensed Consolidated Statements of Financial Condition (in thousands) | Account | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | **Total Assets** | **$2,088,416** | **$2,103,090** | | Loans receivable, net | $1,506,788 | $1,503,796 | | Securities available-for-sale, at fair value | $291,661 | $292,590 | | Total cash and cash equivalents | $22,805 | $31,559 | | **Total Liabilities** | **$1,910,843** | **$1,928,325** | | Total deposits | $1,689,966 | $1,681,228 | | FHLB advances and other borrowings | $124,952 | $140,930 | | **Total Shareholders' Equity** | **$177,573** | **$174,765** | [Condensed Consolidated Statements of Income](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) For Q1 2025, net income significantly increased to $3.24 million from $1.90 million in Q1 2024, primarily due to an 11.1% rise in net interest income to $16.90 million, with diluted earnings per share growing to $0.41 from $0.24 year-over-year Q1 2025 vs Q1 2024 Income Statement Highlights (in thousands, except per share data) | Metric | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net Interest Income | $16,902 | $15,214 | | Provision (recapture) for credit losses | $42 | $(135) | | Total Noninterest Income | $4,016 | $3,952 | | Total Noninterest Expense | $17,006 | $17,033 | | **Net Income** | **$3,239** | **$1,898** | | **Diluted Earnings Per Share** | **$0.41** | **$0.24** | [Notes to Condensed Consolidated Financial Statements (Unaudited)](index=13&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) These notes provide detailed disclosures on the company's organization, accounting policies, and specific financial statement line items, covering loan and investment portfolios, credit losses, deposit structure, debt, and fair value measurements, with the company operating as a single community banking segment - The company operates as a single line of business (community banking) and is therefore considered **one operating and reportable segment**[50](index=50&type=chunk) Loan Portfolio Composition (in thousands) | Loan Category | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Commercial real estate | $929,828 | $916,783 | | Commercial | $270,830 | $278,385 | | Residential 1-4 family | $195,207 | $199,422 | | Home equity | $100,665 | $97,543 | | Consumer | $26,978 | $28,513 | | **Total Loans** | **$1,523,508** | **$1,520,646** | Deposit Composition (in thousands) | Deposit Type | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Noninterest checking | $411,272 | $419,211 | | Money market | $396,399 | $367,094 | | Time certificates of deposit | $458,411 | $462,875 | | Savings | $212,462 | $210,572 | | Interest-bearing checking | $211,422 | $221,476 | | **Total Deposits** | **$1,689,966** | **$1,681,228** | - The allowance for credit losses on loans decreased slightly to **$16.72 million** at March 31, 2025, from **$16.85 million** at the beginning of the year, after a net recapture of **$128,000**[65](index=65&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=36&type=section&id=Item%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses the company's financial condition and results of operations for Q1 2025, analyzing key performance drivers such as net interest income, loan and deposit trends, asset quality, liquidity, capital resources, interest rate risk, and critical accounting policies, noting a material weakness in internal controls [Financial Condition](index=37&type=section&id=Financial%20Condition) Total assets decreased by 0.7% to $2.09 billion at March 31, 2025, while net loans grew by 0.2% to $1.51 billion, driven by commercial real estate, total deposits increased by 0.5% to $1.69 billion, led by money market accounts, and nonperforming assets rose to $5.4 million (0.26% of total assets) - Total assets decreased by **$14.67 million** (**0.7%**) to **$2.09 billion** at March 31, 2025[117](index=117&type=chunk) - Net loans receivable increased by **$2.99 million** (**0.2%**), driven by a **$13.05 million** increase in commercial real estate loans[117](index=117&type=chunk)[121](index=121&type=chunk) - Total deposits increased by **$8.74 million** (**0.5%**), primarily due to a **$29.31 million** increase in money market deposits[128](index=128&type=chunk) Nonperforming Assets (in thousands) | Category | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total nonperforming loans | $5,339 | $3,850 | | Real estate owned and other repossessed property | $46 | $45 | | **Total nonperforming assets** | **$5,385** | **$3,895** | | Nonperforming assets to total assets | 0.26% | 0.19% | [Results of Operations](index=42&type=section&id=Results%20of%20Operations) Net income for Q1 2025 rose to $3.24 million from $1.90 million in Q1 2024, primarily driven by a $1.69 million (11.1%) increase in net interest income due to higher loan yields and lower interest expense, expanding the net interest margin to 3.74% Net Interest Margin Analysis | Metric | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net Interest Income (in thousands) | $16,902 | $15,214 | | Net Interest Spread | 3.22% | 2.80% | | Net Interest Margin | 3.74% | 3.33% | - The increase in net interest income was driven by a **$1.13 million** increase in interest income and a **$561,000** decrease in interest expense compared to Q1 2024[140](index=140&type=chunk) - The average yield on loans receivable increased by **32 basis points** to **6.19%** in Q1 2025 from **5.87%** in Q1 2024[141](index=141&type=chunk) - A provision for credit losses of **$42,000** was recorded in Q1 2025, compared to a recapture of **$135,000** in Q1 2024[143](index=143&type=chunk) [Liquidity and Capital Resources](index=45&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintained a strong liquidity position with $437.4 million in available borrowing capacity as of March 31, 2025, and the Bank remains 'well capitalized' under all regulatory measures, exceeding minimums with a total risk-based capital ratio of 13.64% and a Tier 1 leverage ratio of 10.29% Available Borrowing Capacity (in thousands) | Source | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Federal Home Loan Bank advances | $310,857 | $276,664 | | Federal Reserve Bank discount window | $26,509 | $27,349 | | Correspondent bank lines of credit | $100,000 | $100,000 | | **Total Remaining Capacity** | **$437,366** | **$404,013** | Regulatory Capital Ratios | Ratio | March 31, 2025 | Minimum to be Well Capitalized | | :--- | :--- | :--- | | Total risk-based capital | 13.64% | 10.00% | | Tier 1 capital to risk weighted assets | 12.56% | 8.00% | | Common equity Tier 1 capital | 12.56% | 6.50% | | Tier 1 capital to average assets (Leverage) | 10.29% | 5.00% | [Quantitative and Qualitative Disclosures About Market Risk](index=50&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) This item has been omitted from the report, as permitted for a smaller reporting company - The company, as a smaller reporting company, has omitted the Quantitative and Qualitative Disclosures About Market Risk[167](index=167&type=chunk) [Controls and Procedures](index=50&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that as of March 31, 2025, the company's disclosure controls and procedures were not effective due to a material weakness in internal control over financial reporting concerning the design of controls for preparing the statement of cash flows, with remediation efforts underway - A **material weakness** was identified in internal controls related to the design of controls over the preparation of the statement of cash flows, specifically the classification of short-term vs. long-term borrowings[169](index=169&type=chunk) - Due to this material weakness, the CEO and CFO concluded that disclosure controls and procedures were **not effective** as of March 31, 2025[168](index=168&type=chunk) - Remediation efforts are in process, including restructuring control activities, but the weakness will not be considered fully remediated until the new controls have operated effectively for a sufficient period[170](index=170&type=chunk) [PART II. OTHER INFORMATION](index=51&type=section&id=PART%20II.%20OTHER%20INFORMATION) [Legal Proceedings](index=51&type=section&id=Item%201.%20Legal%20Proceedings) The company and its subsidiary, Opportunity Bank of Montana, are not involved in any pending legal proceedings other than non-material proceedings that occur in the ordinary course of business - There are **no material legal proceedings** involving the Company or the Bank[173](index=173&type=chunk) [Risk Factors](index=51&type=section&id=Item%201A.%20Risk%20Factors) There have been no material changes to the risk factors previously disclosed in the company's Annual Report on Form 10-K for the year ended December 31, 2024 - No **material changes** in risk factors have occurred since the 2024 Form 10-K filing[174](index=174&type=chunk) [Unregistered Sales of Equity Securities and Use of Proceeds](index=51&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) The company details its common stock repurchase activities, including 50,000 shares repurchased in Q1 2025 under the expired 2024 plan, and the authorization of a new plan for up to 400,000 shares effective May 1, 2025, through May 1, 2026 Share Repurchases for Q1 2025 | Period | Total Shares Purchased | Average Price Paid Per Share | | :--- | :--- | :--- | | Jan 1 - Jan 31, 2025 | 50,000 | $15.11 | | Feb 1 - Feb 28, 2025 | - | - | | Mar 1 - Mar 31, 2025 | - | - | | **Total** | **50,000** | **$15.11** | - A new share repurchase plan was authorized on April 24, 2025, allowing the company to buy back up to **400,000 shares** of its common stock, effective from May 1, 2025, to May 1, 2026[175](index=175&type=chunk) [Exhibits](index=53&type=section&id=Item%206.%20Exhibits) This section lists the exhibits filed with the Form 10-Q, including the company's articles of incorporation, bylaws, and certifications by the CEO and CFO as required by the Sarbanes-Oxley Act

Company Overview - Eagle Bancorp Montana, Inc. (EBMT) is based in Helena and operates in the Finance sector, with a year-to-date share price change of 17.35% [3] - The company currently pays a dividend of $0.14 per share, resulting in a dividend yield of 3.17%, which is higher than the Banks - Midwest industry's yield of 3.08% and the S&P 500's yield of 1.62% [3] Dividend Performance - The current annualized dividend of $0.57 represents a 0.9% increase from the previous year [4] - Over the past five years, EBMT has increased its dividend five times, achieving an average annual increase of 9.81% [4] - The company's payout ratio stands at 40%, indicating that it distributes 40% of its trailing 12-month earnings per share as dividends [4] Earnings Growth Expectations - For the fiscal year 2025, the Zacks Consensus Estimate predicts earnings of $1.70 per share, reflecting a year-over-year growth rate of 37.10% [5] Investment Appeal - EBMT is viewed as an attractive dividend investment, offering benefits such as improved stock investing profits and reduced overall portfolio risk [6] - The company is ranked 1 (Strong Buy) by Zacks, highlighting its potential as a compelling investment opportunity [7]

Group 1 - GeneDx Holdings Corp. has a Zacks Rank 1 with a 12.4% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - GeneDx's shares increased by 8.2% over the last three months, while the S&P 500 declined by 6.5% [1] - Eagle Bancorp Montana, Inc. also holds a Zacks Rank 1, with a nearly 9% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] Group 2 - Eagle Bancorp's shares gained 16.6% over the last three months compared to the S&P 500's decline of 6.5% [2] - Capital Bancorp, Inc. has a Zacks Rank 1, with a 7.2% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [3] - Capital's shares increased by 6.8% over the last six months, while the S&P 500 declined by 4% [3] Group 3 - All three companies mentioned possess strong momentum characteristics, with GeneDx and Eagle Bancorp having a Momentum Score of A, while Capital Bancorp has a Momentum Score of B [1][2][3]

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the ...

Eagle Bancorp Montana, Inc. (EBMT) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 24.24%. A quarter ago, it was expected that this company would post earnings of $0.30 per share when it actually produced earnings of $0.44, delivering a surprise of 46.67%.Over the last four quarters, ...

EXHIBIT 99.1 Eagle Bancorp Montana Earns $3.2 Million, or $0.41 per Diluted Share, in the First Quarter of 2025; Declares Quarterly Cash Dividend of $0.1425 Per Share and Renews Stock Repurchase Plan HELENA, Mont., April 29, 2025 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the "Company," "Eagle"), the holding company of Opportunity Bank of Montana (the "Bank"), today reported net income of $3.2 million, or $0.41 per diluted share, in the first quarter of 2025, compared to $3.4 million, ...

Core Viewpoint - Eagle Bancorp Montana, Inc. reported a net income of $3.2 million for Q1 2025, reflecting a decrease from the previous quarter but a significant increase compared to the same quarter last year, indicating solid operational performance despite market challenges [1][6]. Financial Performance - Net income for Q1 2025 was $3.2 million, or $0.41 per diluted share, down from $3.4 million, or $0.44 per diluted share in Q4 2024, but up 70.7% from $1.9 million, or $0.24 per diluted share in Q1 2024 [1][6]. - Net interest margin (NIM) increased to 3.74% in Q1 2025, up 15 basis points from 3.59% in the previous quarter and 41 basis points from the same quarter last year [6][13]. - Total loans increased by 1.7% to $1.52 billion compared to the previous year, while total deposits rose by $54.4 million, or 3.3%, to $1.69 billion [5][10]. Dividend Declaration - The board declared a quarterly cash dividend of $0.1425 per share, payable on June 6, 2025, representing an annualized yield of 3.43% based on recent market prices [2]. Balance Sheet Highlights - Total assets were $2.09 billion as of March 31, 2025, slightly down from $2.10 billion three months earlier but up from $2.08 billion a year ago [5][29]. - Shareholders' equity increased to $177.6 million, compared to $174.8 million three months earlier and $168.9 million a year ago [12][29]. Loan Portfolio Composition - The loan portfolio showed varied performance: commercial real estate loans increased by 5.3% to $666.3 million, while residential mortgage loans decreased by 4.9% to $149.7 million [8][10]. - Agricultural and farmland loans increased by 10.7% to $284.6 million compared to the previous year [8]. Credit Quality - The allowance for credit losses represented 1.10% of total loans, with nonperforming loans at $5.3 million, reflecting a slight increase from the previous quarter [18][31]. - The company recorded a provision for credit losses of $42,000 in Q1 2025, compared to a recapture in the previous quarter [18]. Capital Management - The tangible common equity to tangible assets ratio was 6.77% as of March 31, 2025, up from 6.57% three months earlier and 6.32% a year ago [19][31]. - The bank's Tier 1 capital to adjusted total average assets was 10.29%, indicating strong capital adequacy [19]. Stock Repurchase Plan - The board authorized the repurchase of up to 400,000 shares of common stock, representing approximately 5.0% of outstanding shares, effective May 1, 2025 [20].