Eagle Bancorp Montana, Inc. reported net income of $3.0 million, or $0.38 per diluted share, for the third quarter of 2026. This figure represents a decrease from the preceding quarter's $3.7 million, or $0.47 per diluted share, but is slightly higher than the $3.6 million, or $0.46 per diluted share, reported for the same period in 2025.
For the first nine months of 2026, the company recorded net income of $10.7 million, or $1.36 per diluted share, an increase from $10.1 million, or $1.29 per diluted share, during the same period in 2025.
The company’s board of directors declared a quarterly cash dividend of $0.1475 per share on October 22, 2026. This dividend will be payable on December 4, 2026, to shareholders of record on November 13, 2026. Based on the average closing price of the company’s common stock on NASDAQ during the third quarter of 2026, this represents an annualized yield of 2.58%.
Key financial metrics for the third quarter of 2026 included a net interest margin of 4.12%, compared to 4.15% in the prior quarter and 3.94% in the third quarter of 2025. Net interest income before the provision for credit losses increased 4.4% to $20.0 million. Total loans increased by $159.0 million from the prior quarter to reach $1.72 billion. The provision for credit losses for the quarter was $1.9 million, compared to $343,000 in the preceding quarter.
Total assets stood at $2.28 billion at September 30, 2026, an increase of $162.2 million from one year ago. Total deposits were $1.80 billion, an increase of $49.9 million, or 2.8%, from a year earlier. The company’s available borrowing capacity was approximately $452.2 million at the end of the quarter.
Regarding credit quality, nonperforming loans totaled $8.7 million at September 30, 2026, compared to $4.2 million at the end of the second quarter. The allowance for credit losses was $19.5 million, or 1.13% of total loans. Net loan charge-offs were $29,000 in the third quarter of 2026.
