Eagle Bancorp Montana Earns $3.6 Million, or $0.46 per Diluted Share, in the Third Quarter of 2025 Declares Quarterly Cash Dividend of $0.145 Per Share

Core Insights - Eagle Bancorp Montana, Inc. reported a net income of $3.6 million, or $0.46 per diluted share, for Q3 2025, reflecting an increase from $3.2 million, or $0.41 per diluted share, in the previous quarter and $2.7 million, or $0.34 per diluted share, in Q3 2024 [1][5][30] - For the first nine months of 2025, net income rose to $10.1 million, or $1.29 per diluted share, compared to $6.3 million, or $0.81 per diluted share, in the same period of 2024 [1][30] - The board declared a quarterly cash dividend of $0.145 per share, representing an annualized yield of 3.41% based on recent market prices [2] Financial Performance - Net interest income before provision for credit losses increased by 3.0% to $18.7 million in Q3 2025, compared to $18.1 million in Q2 2025, and increased by 18.3% compared to $15.8 million in Q3 2024 [5][13] - Total revenues for Q3 2025 increased by 2.0% to $23.4 million, compared to $23.0 million in the previous quarter and increased by 12.6% compared to $20.8 million in Q3 2024 [14] - Noninterest income decreased by 1.9% to $4.7 million in Q3 2025, compared to $4.8 million in the preceding quarter, but increased compared to $5.0 million in Q3 2024 [15] Balance Sheet Highlights - Total assets were $2.12 billion at September 30, 2025, a slight decrease from $2.15 billion a year ago and $2.14 billion three months earlier [4][27] - Total loans increased by 1.5% to $1.56 billion at September 30, 2025, compared to $1.52 billion a year earlier, but decreased by 0.8% from $1.57 billion at June 30, 2025 [5][7] - Total deposits increased by $101.7 million, or 6.2%, to $1.75 billion at September 30, 2025, compared to a year earlier [8][27] Credit Quality - The allowance for credit losses represented 1.14% of portfolio loans and 430.4% of nonperforming loans at September 30, 2025, compared to 1.12% and 356.7%, respectively, a year earlier [18][33] - Nonperforming loans were $4.1 million at September 30, 2025, down from $5.1 million at June 30, 2025, and $4.8 million a year earlier [18][33] Capital Management - Shareholders' equity was $186.5 million at September 30, 2025, compared to $177.7 million a year earlier and $180.6 million three months earlier [10][27] - The Tier 1 capital to adjusted total average assets ratio was 10.35% as of September 30, 2025, indicating strong capital management [19]