Eagle Bancorp Montana 10-K: $72.90M NII, $1.90 EPS, $14.84M Net Income
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Eagle Bancorp Montana reported a net income of $14.84 million for the year, a 51.7% increase from the previous year, driven by higher net interest income of $72.90 million. The company achieved earnings per share of $1.90, up from $1.25. Key factors included improved loan yields, lower interest expenses, and strong mortgage sales. The bank also saw growth in core deposits and diversified its loan mix towards commercial lending. Overall, the financial performance reflects strong operational investments and revenue growth strategies.
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