Eagle Bancorp Montana, Inc. Earnings Per Share Disclosure
| NOTE 13: | Earnings Per Common Share |
The computations of basic and diluted earnings per common share are below.
| Years Ended | ||||||||
| December 31, | ||||||||
| 2025 | 2024 | |||||||
| (Dollars in Thousands, Except for Per Share Data) | ||||||||
| Basic weighted average shares outstanding | 7,801,902 | 7,838,822 | ||||||
| Dilutive effect of stock compensation | 22,007 | 14,970 | ||||||
| Diluted weighted average shares outstanding | 7,823,909 | 7,853,792 | ||||||
| Net income available to common shareholders | $ | 14,835 | $ | 9,778 | ||||
| Basic earnings per common share | $ | 1.90 | $ | 1.25 | ||||
| Diluted earnings per common share | $ | 1.90 | $ | 1.24 | ||||
| Restricted stock units excluded from the diluted average outstanding share calculation because their effect would be anti-dilutive | - | 8,344 | ||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 9, 2026 | Showing above |
| 2024 | Mar 14, 2025 | |
| 2023 | Mar 6, 2024 | |
| 2022 | Mar 8, 2023 | |
| 2021 | Mar 9, 2022 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.