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Eagle Bancorp Montana closes $20.1M common stock offering

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Eagle Bancorp Montana closes $20.1M common stock offering

Helena, Mont.-based Eagle Bancorp Montana Inc. has closed its upsized offering of 1,189,041 common shares. Net proceeds are pegged at approximately $20.1 million.

The shares were sold to the public at $18.25 per share. The overallotment option for an additional 139,041 shares was exercised in full.