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Eagle Bancorp Montana (FRA:8F5) Sloan Ratio % : 1.75% (As of Sep. 2024)


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What is Eagle Bancorp Montana Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Eagle Bancorp Montana's Sloan Ratio for the quarter that ended in Sep. 2024 was 1.75%.

As of Sep. 2024, Eagle Bancorp Montana has a Sloan Ratio of 1.75%, indicating the company is in the safe zone and there is no funny business with accruals.


Eagle Bancorp Montana Sloan Ratio % Historical Data

The historical data trend for Eagle Bancorp Montana's Sloan Ratio % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Eagle Bancorp Montana Sloan Ratio % Chart

Eagle Bancorp Montana Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.66 3.27 13.29 10.46 5.25

Eagle Bancorp Montana Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.58 5.34 4.17 3.24 1.75

Competitive Comparison of Eagle Bancorp Montana's Sloan Ratio %

For the Banks - Regional subindustry, Eagle Bancorp Montana's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eagle Bancorp Montana's Sloan Ratio % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eagle Bancorp Montana's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Eagle Bancorp Montana's Sloan Ratio % falls into.



Eagle Bancorp Montana Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Eagle Bancorp Montana's Sloan Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2023 )-Cash Flow from Operations (A: Dec. 2023 )
-Cash Flow from Investing (A: Dec. 2023 ))/Total Assets (A: Dec. 2023 )
=(9.221-8.57
--99.224)/1903.386
=5.25%

Eagle Bancorp Montana's Sloan Ratio for the quarter that ended in Sep. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Sep. 2024 )
=(7.786-23.103
--49.221)/1932.747
=1.75%

Eagle Bancorp Montana's Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was 1.984 (Dec. 2023 ) + 1.746 (Mar. 2024 ) + 1.615 (Jun. 2024 ) + 2.441 (Sep. 2024 ) = €7.79 Mil.
Eagle Bancorp Montana's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2024 was 11.185 (Dec. 2023 ) + 6.55 (Mar. 2024 ) + 3.034 (Jun. 2024 ) + 2.334 (Sep. 2024 ) = €23.10 Mil.
Eagle Bancorp Montana's Cash Flow from Investing for the trailing twelve months (TTM) ended in Sep. 2024 was -2.76 (Dec. 2023 ) + -10.886 (Mar. 2024 ) + -18.65 (Jun. 2024 ) + -16.925 (Sep. 2024 ) = €-49.22 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Eagle Bancorp Montana  (FRA:8F5) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Sep. 2024, Eagle Bancorp Montana has a Sloan Ratio of 1.75%, indicating the company is in the safe zone and there is no funny business with accruals.


Eagle Bancorp Montana Sloan Ratio % Related Terms

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Eagle Bancorp Montana Business Description

Traded in Other Exchanges
Address
1400 Prospect Avenue, P.O. Box 4999, Helena, MT, USA, 59601
Eagle Bancorp Montana Inc operates as a bank holding company. It provides loan and deposit services. The company focuses on residential loans, commercial real estate loans, commercial loans, consumer loans, and home equity loan products. The bank also offers deposit accounts which include checking, savings, money market, individual retirement accounts, and certificates of deposit accounts. It is a diversified lender with a focus on residential mortgage loans, commercial real estate mortgage loans, commercial business loans, agricultural loans, and second mortgage/home equity loan products.

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