Eagle Bancorp Montana (EBMT) Q2 2026 earnings summary

Executive summary

• 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.

• Year-to-date net income rose to $7.7 million ($0.98 per diluted share), compared to $6.5 million ($0.83 per diluted share) in the first half of 2025.

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

Financial highlights

• Net interest margin (NIM) expanded to 4.15% in Q2 2026, up from 4.11% in Q1 2026 and 3.91% in Q2 2025.

• Net interest income before provision for credit losses was $19.1 million, up 2.3% sequentially and 5.5% year-over-year.

• Revenues reached $24.2 million, up from $23.6 million in Q1 2026 and $23.0 million in Q2 2025.

• Noninterest income was $5.0 million, up 4.4% year-over-year; net mortgage banking income was $2.9 million.

• Noninterest expense increased to $19.0 million, primarily due to higher salaries and benefits.

Outlook and guidance

• 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.