Eagle Bancorp Montana, Inc. EBMT
DESCRIPTION OF BUSINESS.
Eagle Bancorp Montana, Inc. ("Eagle" or the "Company"), is a Delaware corporation, and a bank holding company registered under the Bank Holding Company Act of 1956 that holds 100% of the capital stock of Opportunity Bank of Montana (the "Bank"), formerly American Federal Savings Bank ("AFSB"). The Bank was founded in 1922 as a Montana-chartered building and loan association and has conducted operations and maintained its administrative office in Helena, Montana since that time. In 1975, the Bank adopted a federal thrift charter and in October 2014 converted to a Montana chartered commercial bank and became a member bank in the Federal Reserve System. The Bank currently has 30 full-service branches and 32 automated teller machines located in our market areas and we participate in the Money Pass® ATM network.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $108.4M | $104.2M | $91.6M | $69.5M | $49.7M | $49.7M | $46.5M | $34.8M | $27.9M | $23.9M |
| Interest expense | $72.9M | $63.4M | $62.5M | $6.2M | $3.2M | $6.5M | $7.7M | $5.1M | $4.1M | $3.1M |
| Pre-tax income | $18.9M | $11.4M | $11.7M | $13.8M | $19.3M | $28.4M | $14.0M | $5.9M | $6.2M | $6.9M |
| Income tax | $4.1M | $1.6M | $1.6M | $3.1M | $4.9M | $7.2M | $3.1M | $914.0K | $2.1M | $1.8M |
| Net income | $14.8M | $9.8M | $10.1M | $10.7M | $14.4M | $21.2M | $10.9M | $5.0M | $4.1M | $5.1M |
| EPS, basic | 1.90 | 1.25 | 1.29 | 1.45 | 2.17 | 3.12 | 1.69 | 0.92 | 1.01 | 1.36 |
| EPS, diluted | 1.90 | 1.24 | 1.29 | 1.45 | 2.17 | 3.11 | 1.69 | 0.91 | 0.99 | 1.32 |
| Shares, diluted (wtd. avg.) | $7.8M | $7.9M | $7.8M | $7.4M | $6.7M | $6.8M | $6.4M | $5.5M | $4.1M | $3.9M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $63.0M | $31.6M | $24.5M | $21.8M | $61.4M | $69.8M | $24.9M | $11.2M | $7.4M | $7.3M |
| Property, plant and equipment | $101.4M | $101.5M | $94.3M | $84.3M | $67.3M | $58.8M | $40.1M | $29.3M | $22.0M | $19.4M |
| Goodwill | $34.7M | $34.7M | $34.7M | $34.7M | $20.8M | $20.8M | $15.8M | $12.1M | $7.0M | $7.0M |
| Other intangibles | $3.3M | $4.5M | $5.9M | $7.5M | $1.8M | $2.3M | $2.8M | $1.5M | $273.0K | $384.0K |
| Total assets | $2.11B | $2.10B | $2.08B | $1.95B | $1.44B | $1.26B | $1.05B | $853.9M | $716.8M | $673.9M |
| Long-term debt | $44.5M | $59.1M | $59.0M | $58.8M | $29.9M | $29.8M | $24.9M | $24.9M | $24.8M | $15.0M |
| Total liabilities | $1.91B | $1.93B | $1.91B | $1.79B | $1.28B | $1.10B | $932.6M | $759.1M | $633.2M | $614.5M |
| Retained earnings | $111.5M | $101.3M | $96.0M | $92.0M | $85.4M | $74.0M | $55.4M | $46.9M | $43.9M | $41.2M |
| Total equity | $191.8M | $174.8M | $169.3M | $158.4M | $156.7M | $152.9M | $121.7M | $94.8M | $83.6M | $59.5M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $33.1M | $28.5M | $9.3M | $41.9M | $56.5M | $2.1M | $366.0K | $13.6M | $20.1M | $12.9M |
| Depreciation and amortisation | $5.3M | $5.2M | $3.9M | $3.6M | $2.9M | $2.4M | $1.8M | $1.3M | $969.0K | $1.1M |
| Capital expenditure | $4.8M | $14.1M | $14.2M | $16.8M | $12.2M | $20.6M | $10.5M | $7.1M | $3.5M | $2.2M |
| Investing cash flow | $22.0M | -$27.8M | -$108.2M | -$235.0M | -$232.9M | -$22.0M | -$59.7M | -$50.9M | -$56.8M | -$51.1M |
| Financing cash flow | -$23.7M | $6.3M | $101.6M | $153.5M | $168.1M | $64.8M | $73.1M | $41.1M | $36.9M | $38.1M |
| Dividends paid | $4.6M | $4.5M | $4.4M | $4.1M | $3.0M | $2.6M | $2.4M | $2.0M | $1.4M | $1.2M |
| Buybacks | $1.6M | $419.0K | $231.0K | $4.4M | $6.3M | $987.0K | $1.2M | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001437749-26-007330.
Others in SIC 6022
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |