Eagle Bancorp Montana (NASDAQ:EBMT) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$19.5m (down 7.8% from 2Q 2023).

• Net income: US$1.74m (down 14% from 2Q 2023).

• Profit margin: 8.9% (in line with 2Q 2023).

• EPS: US$0.22 (down from US$0.26 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Eagle Bancorp Montana Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 23%.

Looking ahead, revenue is expected to decline by 9.6% p.a. on average during the next 2 years, while revenues in the Banks industry in the US are expected to grow by 6.4%.

Performance of the American Banks industry.

The company's shares are down 4.7% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Eagle Bancorp Montana you should know about.

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