Eagle Bancorp · Helena, MT United States ·(OTC: EBMT)
Company Description
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This link will open in a new window Eagle Bancorp hopes to soar majestically over the competition. The holding company (unrelated to the Maryland company of the same name) owns American Federal Savings Bank, a thrift that serves businesses and residents of southwestern Montana through five branches. American Federal primarily writes mortgages on one- to four-family residences (these comprise more than half of its loan book); the rest of its portfolio consists of home equity loans, commercial mortgages, and consumer, business, and construction loans. The bank's deposit products include checking, money market, and savings accounts; CDs; and IRAs. Mutual holding company Eagle Financial MHC owns a majority of Eagle Bancorp. To read the full description, subscribe now.
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Key Eagle Bancorp Financials
| Company Type | Public - OTC: EBMT Headquarters |
| Fiscal Year-End | June |
| 2009 Sales (mil.) | $12.2 |
| 2009 Employees | 86 |
Eagle Bancorp Executives
4 executives listed for Eagle Bancorp's Helena, MT location.
| Title | Name & Bio | Contact |
| President | Peter Johnson | Network |
| SVP Operations | Rachel Amdahl | Network |
| SVP and CFO | Clinton Morrison | Network |
Competition
Competitive Landscape for Eagle Bancorp
Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.Top Eagle Bancorp Competitors
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