Eagle Bancorp Montana Earns $1.9 Million, or $0.24 per Diluted Share, in the First Quarter of 2024 Declares Quarterly Cash Dividend of $0.14 Per Share and Renews Stock Repurchase Plan
Commercial real estate loans increased 16.1% to $632.5 million at March 31, 2024, compared to $544.6 million a year earlier.
- Commercial real estate loans increased 16.1% to $632.5 million at March 31, 2024, compared to $544.6 million a year earlier.
- Commercial real estate loans were comprised of 66.9% non-owner occupied and 33.1% owner occupied at March 31, 2024.
- Book value per share was $21.07 at March 31, 2024, compared to $20.36 a year earlier and $21.11 three months earlier.
- The effective tax rate for the first quarter of 2024 was 16.3%, compared to 24.4% for the first quarter of 2023.