Eagle Bancorp Montana, Inc.
EBMTRESTATEMENT RISKFILING INTENSITYEagle Bancorp Montana, Inc. reads as Restatement Risk (composite 100/100); pressure / disclosure signals dominate the posture this cycle · primary market Regional Banking.
Lens
Disclosed M&A capital (2023–2025)
N/A
vs N/A in 2020–2022
Disclosed transactions
N/A
0/3 active fiscal years in window
Buyer archetype
Consistent Strategic Buyer
Meaningful spend appears across repeat years.
Composite score
100
Restatement Risk dominates · Filing Intensity
Behavioral posture, nine reads.
Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.
Active Acquirer
Companies actively deploying disclosed capital into M&A
- $70M disclosed buyer spend
Buyer Cadence
Buyer-side companies with recent filing activity
- Filed within 33d
- 178 8-Ks
Target Probability
Issuers showing target-side patterns from filings
- 8 activism filings
Spin/Carve
Issuers showing spin-off, carve-out, or sum-of-parts posture
- 8 activism filings
Pressure Watch
Issuers facing activism, governance, or control pressure
- 8 activism filings
- Latest activism 8.3y ago; heavily discounted
Distress Watch
Issuers showing financial-distress filing patterns
- 8 activism filings
Restatement Risk
DominantIssuers with accounting-integrity flags from filings
- 2 non-reliance 8-Ks
- 5 auditor changes
- Latest event 10mo ago
Capital Velocity
Issuers with the highest filing-activity intensity
- 178 8-Ks
- 5 form types
Quiet Power
Large issuers with low signal volume and clean disclosure cadence
- Enterprise value $234M
- 10-Q 33d ago
- 2 active signals
Capital cadence.
Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.
Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $39M · Peak count: 1
| FY | Disclosed buys | Disclosed spend | Avg ticket | Audited tier |
|---|---|---|---|---|
| 2025 | N/A | N/A | N/A | N/A |
| 2024 | N/A | N/A | N/A | N/A |
| 2023 | N/A | N/A | N/A | N/A |
| 2022 | 1 | $39M | $39M | N/A |
| 2021 | N/A | N/A | N/A | N/A |
| 2020 | 1 | $7M | $7M | N/A |
Filing language.
Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.
“Eagle must obtain approval from the FRB before acquiring more than 5.0% of the voting stock of another bank or bank holding company or acquiring such an institution or holding company by merger, consolidation or purchase of its assets.”
“From time to time the Bank has considered growth through mergers or acquisition as an alternative to its strategy of organic growth.”
“In evaluating an application for Eagle to acquire control of a bank, the FRB would consider the financial and managerial resources and future prospects of Eagle and the target institution, the effect of the acquisition on the risk to the Deposit Insurance Fund, the convenience and the needs of the community and competitive factors.”
Market context.
Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.
Primary market
Regional Banking
- Market spend (2023–2025)
- $245.7B
- Market spend (2020–2022)
- $72.8B
- Recent vs prior
- +238%
- Issuer rank in market
- N/A
- Share of market capital
- 0.0%
Valuation positioning
EBMT trades at a -2.9-turn discount to the Regional Banking peer median of 12.3×.
- EV / Revenue
- 1.8×
- Net debt / EBITDA
- -0.4×
- Peer median EV / EBITDA
- 12.3×
Trading comparables
FMP market data · 2026-05-10
| Company | EV / EBITDA | EV / Rev | Net debt / EBITDA | Revenue | M&A 2023–2025 |
|---|---|---|---|---|---|
| 16.7× | 3.7× | -0.9× | $13.7B | $12.7B | |
| 13.9× | 3.0× | -0.7× | $58.4B | $126.1B | |
| 10.7× | 3.2× | -2.1× | $3.4B | $7B | |
Eagle Bancorp Montana, Inc.EBMT | 9.4× | 1.8× | -0.4× | $127M | N/A |
| 9.3× | 2.2× | -0.3× | $14.5B | $72.6B |
Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Regional Banking. Bars scaled to the highest EV/EBITDA in the set.
Buyer landscape.
Public buyers whose stated archetypes, target categories, and recent cadence align with this issuer as a plausible acquisition target. Scores cross EDGAR signal and disclosure overlap.
Likely buyers
No public buyers surface as a strong target-side fit on current signal.
Likely sellers / divestiture partners
No reciprocal divestiture / strategic-alternatives matches identified.
Filing activity & signal stream.
Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.
Filing cadence
- 10-K (annual)172026-03-09
- 10-Q (quarterly)482026-05-07
- 8-K (event)1782026-05-04
- Proxy / DEF 14A202026-03-09
- Activism (13D / DFAN / PREC)82018-02-12
Signals on file
- critical
Non-reliance disclosure
2025-03-142 Item 4.02 filings on file; financial-statement non-reliance.
- elevated
Auditor change
2025-07-305 Item 4.01 filings on file; certifying accountant change.
- elevated
Activism on file
2018-02-128 activist filings on file (13D, DFAN14A, PREC14A series).
- info
Signal
Serial acquisition history
- info
Signal
Restatement risk
Audited corpus.
No audited record on file for this CIK in the current v6 corpus.
This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.