HELENA, Mont., April 27, 2022 (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ:EBMT), (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana (the “Bank”), today announced a correction of its earnings press release issued on April 26, 2022, and reported net income of $2.2 million, or $0.34 per diluted share, in the first quarter of 2022, compared to $5.3 million, or $0.78 per diluted share, in the first quarter a year ago, and increased 19.5% compared to $1.7 million, or $0.26 per diluted share, in the preceding quarter. Financial results for the past few quarters reflect a mortgage market that is returning to more normal levels and reduced origination fees for Paycheck Protection Program (“PPP”) loan forgiveness.
Read more at globenewswire.comCorrection - Eagle Bancorp Montana Earns $2.2 Million, or $0.34 per Diluted Share, in First Quarter of 2022; Declares Quarterly Cash Dividend of $0.125 per Share and Renews Stock Repurchase Plan
Globe Newswire - Press Release
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