Earnings Releases·Oct 27, 2026, 4:00 PM ET

Eagle Bancorp Montana — Third Quarter 2026 Earnings Summary

Net income declined to $3.0 million ($0.38 EPS) in Q3 2026 from $3.7 million ($0.47 EPS) in Q2 2026 and $3.6 million ($0.46 EPS) in Q3 2025, while total revenues rose 7.2% year-over-year to $25.1 million.
Provision for credit losses surged to $1.9 million in Q3 2026 compared to $62,000 in Q3 2025, driven by nonperforming loans increasing to $8.7 million, primarily from well-collateralized agricultural loans.
Total loans grew 9.2% year-over-year to $1.72 billion, led by a 17.0% increase in commercial real estate and a 64.3% rise in residential construction loans, supported by $196.8 million in short-term FHLB advances.
Shareholders' equity decreased to $192.1 million due to accumulated other comprehensive losses from securities fair value declines, resulting in tangible book value per share falling to $19.44.
The Board declared a quarterly dividend of $0.1475 per share; management cited record loan growth and a strong deposit franchise while noting strategic investments in team and technology to maintain margin discipline.