Eagle Bancorp Montana (EBMT) Q3 2025 earnings summary

Executive summary

• Net income for Q3 2025 was $3.63 million, up 34% year-over-year; nine-month net income rose 59% to $10.11 million compared to the same period in 2024.

• Net income for Q3 2025 was $3.6 million ($0.46 per diluted share), up from $2.7 million in Q3 2024; year-to-date net income reached $10.1 million ($1.29 per diluted share), up from $6.3 million in 2024.

• Net interest income increased 18.3% for the quarter and 15.2% for the nine months, driven by higher loan yields and lower interest expense.

• Total assets grew to $2.12 billion, up 0.8% from year-end 2024; loans receivable, net increased 2.4% to $1.54 billion.

• Quarterly cash dividend of $0.145 per share declared, annualized yield of 3.41%.

Financial highlights

• Net interest margin for Q3 2025 was 3.94%, up 60 bps year-over-year; nine-month NIM was 3.86%, up 50 bps.

• Revenues increased 2.0% from Q2 2025 and 12.6% year-over-year to $23.4 million.

• Noninterest income for Q3 was $4.72 million, down 5.3% year-over-year, mainly due to lower life insurance gains; mortgage banking income increased.

• Noninterest expense rose 6.5% year-over-year, primarily from higher salaries and benefits.

• Basic EPS for Q3 was $0.47 (diluted $0.46); nine-month basic EPS was $1.30 (diluted $1.29).

Outlook and guidance

• Management continues to focus on growing net interest margin, fee income, and controlling expenses.

• Easing in deposit pricing expected as CDs reprice at lower yields following recent rate cuts.

• Ongoing focus on operational discipline, balance sheet strength, and navigating the rate environment.