Eagle Bancorp Montana (EBMT) investor relations material

Executive summary

• Net income for Q2 2026 was $3.72 million, up 14.8% year-over-year; six-month net income was $7.70 million, up 18.9% year-over-year.

• Net income for Q2 2026 was $3.7 million ($0.47 per diluted share), down from $4.0 million in Q1 2026 but up from $3.2 million in Q2 2025.

• Growth driven by higher net interest income, increased noninterest income, and lower provision for credit losses.

• Shareholders' equity increased by $5.60 million to $197.41 million; book value per share rose to $24.78, tangible book value per share to $20.07.

• Quarterly cash dividend increased by 1.7% to $0.1475 per share, annualized yield of 2.63%.

Financial highlights

• Net interest income for Q2 2026 was $19.14 million, up 5.5% year-over-year; for six months, $37.84 million, up 8.0%.

• Net interest margin for Q2 2026 was 4.15%, up from 4.11% in Q1 2026 and 3.91% in Q2 2025.

• Noninterest income for Q2 2026 was $5.02 million, up 4.4% year-over-year; net mortgage banking income was $2.9 million.

• Noninterest expense for Q2 2026 was $18.99 million, up 5.9% year-over-year, primarily due to higher salaries and benefits.

• Provision for credit losses decreased to $343,000 in Q2 2026 from $1.04 million in Q2 2025.

Outlook and guidance

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

• Strategy emphasizes loan and deposit growth, with attention to funding efficiency amid competitive pressures.

• Management anticipates deposit costs will remain well-managed despite evolving interest rate environment.

• Focus remains on balance sheet positioning to sustain net interest margin amid potential rate increases.