Eagle Bancorp Montana Completes Acquisition of Western Holding Company of Wolf Point - Seite 2

Nachrichtenquelle: globenewswire
02.01.2020, 15:00  |  119   |   |   

These forward-looking statements involve significant risks and uncertainties that could cause our actual results to differ materially from those anticipated in such statements. Potential risks and uncertainties include the following:

  • the reaction to the merger of all the banks’ customers, employees and counter-parties or difficulties related to the transition of services;

  • Eagle’s ability to realize anticipated cost savings, economies of scale and/or revenue and business franchise enhancements from the merger within expected time frames or at all;

  • the ability of the combined bank to retain or expand its management team, key employees, customers, assets and deposits;

  • general economic conditions (both generally and in our markets including new markets from the merger) may be less favorable than expected, which could result in, among other things, a continued deterioration in credit quality, a further reduction in demand for credit and a further decline in real estate values;

  • our ability to raise additional capital may be impaired if markets are disrupted or become more volatile;

  • costs or difficulties related to the integration of the banks we may acquire may be greater than expected;

  • governmental monetary and fiscal policies as well as legislative or regulatory changes, including changes in accounting standards and compliance requirements, may adversely affect us;

  • competitive pressures among depository and other financial institutions may increase significantly;

  • changes in the interest rate environment may reduce margins or the volumes or values of the loans we make or have acquired;

  • other financial institutions have greater financial resources and may be able to develop or acquire products that enable them to compete more successfully than we can;

  • adverse changes may occur in the bond and equity markets; and

  • Eagle’s success at managing the risks involved in the foregoing items.

You should not place undue reliance on the forward-looking statements, which speak only as of the date of this release. All subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this release. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. See Item 1A, Risk Factors, in our Annual Report on Form 10-K for the year ended December 31, 2018, and otherwise in our SEC reports and filings, for a description of some of the important factors that may affect actual outcomes.

Contacts: Peter J. Johnson, President and CEO
  (406) 457-4006
  Laura F. Clark, EVP and CFO
  (406) 457-4007
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Eagle Bancorp Montana Completes Acquisition of Western Holding Company of Wolf Point - Seite 2 HELENA, Mont., Jan. 02, 2020 (GLOBE NEWSWIRE) - Eagle Bancorp Montana, Inc. (NASDAQ: EBMT), (the “Company,” “Eagle”), the holding company of Opportunity Bank of Montana, today announced that it completed, effective January 1, 2020, its previously …

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