NasdaqGM:EBMT

Stock Analysis Report

Executive Summary

Eagle Bancorp Montana, Inc. operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services in Montana.

Rewards

PE ratio (13.2x) is below the US market (18.5x)

Earnings are forecast to grow 17.53% per year

Earnings grew by 143.9% over the past year

Risk Analysis

Unstable dividend track record

Shareholders have been diluted in the past year



Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has Eagle Bancorp Montana's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EBMT has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.4%

EBMT

0.6%

US Banks

-0.3%

US Market


1 Year Return

25.7%

EBMT

19.0%

US Banks

18.6%

US Market

Return vs Industry: EBMT exceeded the US Banks industry which returned 19% over the past year.

Return vs Market: EBMT exceeded the US Market which returned 18.6% over the past year.


Shareholder returns

EBMTIndustryMarket
7 Day-0.4%0.6%-0.3%
30 Day11.3%1.8%2.2%
90 Day30.2%15.8%5.6%
1 Year28.3%25.7%22.5%19.0%21.1%18.6%
3 Year12.1%5.8%30.1%21.0%45.6%36.2%
5 Year117.8%95.4%77.5%57.8%71.1%52.2%

Price Volatility Vs. Market

How volatile is Eagle Bancorp Montana's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Eagle Bancorp Montana undervalued compared to its fair value and its price relative to the market?

13.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: EBMT ($21.32) is trading above our estimate of fair value ($10.9)

Significantly Below Fair Value: EBMT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: EBMT is poor value based on its PE Ratio (13.2x) compared to the Banks industry average (12.7x).

PE vs Market: EBMT is good value based on its PE Ratio (13.2x) compared to the US market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: EBMT is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: EBMT is good value based on its PB Ratio (1.1x) compared to the US Banks industry average (1.2x).


Next Steps

Future Growth

How is Eagle Bancorp Montana forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

17.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EBMT's forecast earnings growth (17.5% per year) is above the savings rate (1.7%).

Earnings vs Market: EBMT's earnings (17.5% per year) are forecast to grow faster than the US market (14.2% per year).

High Growth Earnings: EBMT's earnings are forecast to grow, but not significantly.

Revenue vs Market: EBMT's revenue is expected to decline over the next 3 years (-1.6% per year).

High Growth Revenue: EBMT's revenue is forecast to decline over the next 3 years (-1.6% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EBMT's Return on Equity is forecast to be low in 3 years time (10%).


Next Steps

Past Performance

How has Eagle Bancorp Montana performed over the past 5 years?

21.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EBMT has high quality earnings.

Growing Profit Margin: EBMT's current net profit margins (17.7%) are higher than last year (10.3%).


Past Earnings Growth Analysis

Earnings Trend: EBMT's earnings have grown significantly by 21.9% per year over the past 5 years.

Accelerating Growth: EBMT's earnings growth over the past year (143.9%) exceeds its 5-year average (21.9% per year).

Earnings vs Industry: EBMT earnings growth over the past year (143.9%) exceeded the Banks industry 27.1%.


Return on Equity

High ROE: EBMT's Return on Equity (8.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Eagle Bancorp Montana's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: EBMT has a low level of unsold assets or inventory.

Debt Coverage by Assets: EBMT's debt is not covered by short term assets (assets are 0.4x debt).


Financial Institutions Analysis

Asset Level: EBMT's level of assets compared to its equity is low.

Allowance for Bad Loans: EBMT has a sufficient allowance for bad loans.

Low Risk Liabilities: EBMT's liabilities are made up of primarily low risk sources of funding.

Loan Level: EBMT has an acceptable proportion of non-loan assets held.

Low Risk Deposits: EBMT's loans are broadly funded by customer deposits.

Level of Bad Loans: EBMT has an appropriate level of bad loans (0.49%)


Next Steps

Dividend

What is Eagle Bancorp Montana's current dividend yield, its reliability and sustainability?

1.78%

Current Dividend Yield


Dividend Yield vs Market

company1.8%marketbottom25%1.4%markettop25%3.7%industryaverage2.8%forecastin3Years1.8%

Current dividend yield vs market & industry

Notable Dividend: EBMT's dividend (1.78%) is higher than the bottom 25% of dividend payers in the US market (1.42%).

High Dividend: EBMT's dividend (1.78%) is low compared to the top 25% of dividend payers in the US market (3.7%).


Stability and Growth of Payments

Stable Dividend: EBMT's dividend payments have been volatile in the past 10 years.

Growing Dividend: EBMT's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (23.2%), EBMT's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: EBMT's dividends in 3 years are forecast to be well covered by earnings (19.3% payout ratio).


Next Steps

Management

What is the CEO of Eagle Bancorp Montana's salary, the management and board of directors tenure and is there insider trading?

5.8yrs

Average management tenure


CEO

Pete Johnson (61yo)

10yrs

Tenure

US$497,473

Compensation

Mr. Peter Joseph Johnson, also known as Pete, has been President and Chief Executive Officer of Eagle Bancorp Montana, Inc. since December 2009. Mr. Johnson has been President of Opportunity Bank of Montan ...


CEO Compensation Analysis

Compensation vs Market: Pete's total compensation ($USD497.47K) is about average for companies of similar size in the US market ($USD508.62K).

Compensation vs Earnings: Pete's compensation has been consistent with company performance over the past year.


Management Age and Tenure

5.8yrs

Average Tenure

50yo

Average Age

Experienced Management: EBMT's management team is seasoned and experienced (5.8 years average tenure).


Board Age and Tenure

3.0yrs

Average Tenure

59yo

Average Age

Experienced Board: EBMT's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: EBMT insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$93,99301 Nov 19
Kenneth Walsh
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$18.80
SellUS$92,01230 Oct 19
Kenneth Walsh
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$18.40
SellUS$103,61830 Oct 19
Tracy Zepeda
EntityIndividual
Role
Senior Key Executive
Senior VP & Chief Retail Officer of Opportunity Bank of Montana
Shares5,656
Max PriceUS$18.32
SellUS$59,20320 Aug 19
Kenneth Walsh
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,412
Max PriceUS$17.35
BuyUS$65,56719 Aug 19
Shavon Cape
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,790
Max PriceUS$17.30
BuyUS$35,34519 Aug 19
Rick Hays
EntityIndividual
Role
Chairman of the Board
Independent Chairman of the Board
Shares2,000
Max PriceUS$17.67
SellUS$5,02515 Aug 19
Kenneth Walsh
EntityIndividual
Role
Member of the Board of Directors
Director
Shares300
Max PriceUS$16.75
SellUS$89,32712 Feb 19
Kenneth Walsh
EntityIndividual
Role
Member of the Board of Directors
Director
Shares5,000
Max PriceUS$17.87

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.2%.


Management Team

  • Terey Artz

    Assistant Vice President & Corporate Secretary

    • Tenure: 0yrs
  • Pete Johnson (61yo)

    President

    • Tenure: 10yrs
    • Compensation: US$497.47k
  • Rachel Amdahl (50yo)

    Senior VP & Chief Operations Officer of Opportunity Bank of Montana

    • Tenure: 13.8yrs
  • Laura Clark (62yo)

    Executive VP & CFO

    • Tenure: 5.8yrs
    • Compensation: US$243.95k
  • Tracy Zepeda (40yo)

    Senior VP & Chief Retail Officer of Opportunity Bank of Montana

    • Tenure: 7yrs
    • Compensation: US$253.87k
  • Chantelle Nash (49yo)

    Senior VP & Chief Risk Officer

    • Tenure: 5.4yrs
  • Dale Field (47yo)

    Senior VP & Chief Credit Officer of Opportunity Bank of Montana

    • Tenure: 18.9yrs
  • George Ballew (59yo)

    SVP & Chief Mortgage Lending Officer

    • Tenure: 4.3yrs
  • Patrick Rensmon (57yo)

    Senior VP & Chief Information Officer

    • Tenure: 3.3yrs
    • Compensation: US$192.17k
  • Mark O'Neill (47yo)

    Senior VP & Chief Lending Officer

    • Tenure: 2.2yrs

Board Members

  • Pete Johnson (61yo)

    President

    • Tenure: 10yrs
    • Compensation: US$497.47k
  • Tom McCarvel (70yo)

    Independent Vice Chairman of the Board

    • Tenure: 1.2yrs
    • Compensation: US$17.40k
  • Lynn Dickey (72yo)

    Independent Director

    • Tenure: 14.9yrs
    • Compensation: US$23.40k
  • Rick Hays (66yo)

    Independent Chairman of the Board

    • Tenure: 1.2yrs
    • Compensation: US$19.27k
  • Maureen Rude (57yo)

    Independent Director

    • Tenure: 9.2yrs
    • Compensation: US$17.60k
  • Tanya Chemodurow (54yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$18.60k
  • Shavon Cape (48yo)

    Independent Director

    • Tenure: 4.3yrs
    • Compensation: US$17.80k
  • Ken Walsh (64yo)

    Director

    • Tenure: 1.7yrs
  • Ben Ruddy (40yo)

    Director

    • Tenure: 0.9yrs
  • Corey Jensen (46yo)

    Independent Director

    • Tenure: 1.2yrs
    • Compensation: US$82.90k

Company Information

Eagle Bancorp Montana, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Eagle Bancorp Montana, Inc.
  • Ticker: EBMT
  • Exchange: NasdaqGM
  • Founded: 1922
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$136.078m
  • Shares outstanding: 6.40m
  • Website: https://www.opportunitybank.com

Number of Employees


Location

  • Eagle Bancorp Montana, Inc.
  • 1400 Prospect Avenue
  • Helena
  • Montana
  • 59601
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EBMTNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDApr 2000

Biography

Eagle Bancorp Montana, Inc. operates as the bank holding company for Opportunity Bank of Montana that provides various retail banking products and services in Montana. The company accepts various deposit p ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/06 23:35
End of Day Share Price2019/12/06 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.