HELENA, Mont., May  18, 2026  (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ:EBMT), (the &#34;Company,&#34; &#34;Eagle&#34;), the holding company of Opportunity Bank of Montana (the &#34;Bank&#34;), today announced upcoming changes in

EBMT

Eagle Bancorp Montana Appoints Darryl Rensmon to President; Laura Clark to Remain Chief Executive Officer

Eagle Bancorp Montana names new President amid planned succession

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>HELENA, Mont., May  18, 2026  (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ:EBMT), (the &amp;#34;Company,&amp;#34; &amp;#34;Eagle&amp;#34;), the holding company of Opportunity Bank of Montana (the &amp;#34;Bank&amp;#34;), today announced upcoming changes in</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Eagle Bancorp Montana (EBMT) has announced P. Darryl Rensmon as the new President, effective June 1, 2026. This transition, which keeps Laura Clark as CEO, is part of a strategic long-term succession plan that aims to ensure operational continuity and drive future growth in the bank&#039;s operations.</p>
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  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Eagle Bancorp Montana announces management succession changes effective June 2026.</li><li>P. Darryl Rensmon appointed as President, taking on daily operations.</li><li>Laura Clark remains CEO, ensuring continuity in leadership.</li><li>Rensmon has over a decade of experience with Eagle Bancorp.</li><li>Strategic initiatives and succession plan reflect long-term company vision.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Eagle Bancorp Montana, Inc. (EBMT)</strong>: Transition in leadership may enhance operational focus.</li><li><strong>Opportunity Bank of Montana</strong>: Strengthening local management may boost regional banking performance.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This announcement falls under &#039;Corporate Developments&#039; due to the management reshuffling aimed at strategic succession, further enabling the bank&#039;s operational and growth objectives.</p>
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  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Rensmon&#039;s operational experience may enhance efficiency and profitability.</li><li>The management transition could stabilize investor confidence in EBMT.</li><li>Future growth strategies could lead to higher valuations over the medium term.</li></ul>
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  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>P. Darryl Rensmon becomes President on June 1, 2026.</li><li>Laura F. Clark remains CEO of Eagle Bancorp Montana.</li><li>Rensmon has been with the company since 2016, previously COO.</li><li>Opportunity Bank of Montana has 30 banking offices in Montana.</li><li>Eagle Bancorp Montana was established in 1922.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider a bullish stance on EBMT as the leadership transition aligns with growth strategies.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">HELENA, Mont., May  18, 2026  (GLOBE NEWSWIRE) -- Eagle Bancorp Montana, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/EBMT">EBMT</a>), (the "Company," "Eagle"), the holding company of Opportunity Bank of Montana (the "Bank"), today announced upcoming changes in roles and responsibilities of senior management as part of its long-term succession planning. In anticipation of the future retirement of current President and Chief Executive Officer, Laura F. Clark, the Board announced a successor has been chosen. While the effective date of Ms. Clark's retirement has not yet been determined, the Board of Directors (the "Board") has decided to split the roles of Chief Executive Officer and President and has appointed P. Darryl Rensmon, the current EVP and Chief Operating Officer, as President effective June 1, 2026. Mr. Rensmon will assume responsibility for the daily operations of the Company and the Bank. Ms. Clark will continue as the Chief Executive Officer of the Company and the Bank.</p>  <p align="justify">"Darryl is a consummate leader, experienced in overseeing the operational direction of the Bank, as well as leading its innovation investments and strategic initiatives. We are confident in his ability in his new role as President to lead our team into the future. Together, Darryl and Laura will bring a dedicated and collaborative approach to guiding the Company and the Bank forward on behalf of our shareholders, customers, employees and communities," stated Rick F. Hays, Chairman of the Board.</p>  <p align="justify">Mr. Rensmon joined Eagle in September 2016 as Vice President/Chief Information Officer and was promoted to Senior Vice President in October 2017. He was promoted to Senior Vice President/Chief Operating Officer in October 2022, and Executive Vice President in April 2025. He also oversees the strategic direction of the home loan division, and the Company's FinTech and innovation investments and initiatives. Mr. Rensmon was formerly the Vice President/Chief Information Officer for Morrison-Maierle, Inc. and the President of Morrison-Maierle Systems Corp., which provided customized IT services and consulting to companies across Montana. He holds a Bachelor of Science degree in Business Administration - Information Systems Management from Montana State University-Billings. He is a 2021 graduate of the Stonier Graduate School of Banking and the Wharton Leadership Program.</p>  <p align="justify">"I have worked closely with Darryl for nearly a decade, and we share a similar perspective and strategic mindset. I am confident the transition will be smooth. Darryl is well-positioned to carry forward our long-term strategy and capitalize on the strong foundation we have established," said Ms. Clark.</p>  <p align="justify">"I am honored by this opportunity to support our team across the organization, build on our success, and drive the Bank's continued growth," said Mr. Rensmon.</p>  <p align="justify"><strong>About the Company</strong></p>  <p align="justify">Eagle Bancorp Montana, Inc. is a bank holding company headquartered in Helena, Montana, and is the holding company of Opportunity Bank of Montana, a community bank established in 1922 that serves consumers and small businesses in Montana through 30 banking offices. Additional information is available on the Bank's website at <a href="https://www.globenewswire.com/Tracker?data=VUT9u4nafJj_XnEPZlj-cXIpl1Bp3EreeyMVWw1D3aO65PasTo-ylfzRzIiIEBxvpHtv5fLwr-1fbSPsTw60V1WxOZPSYoG1vMMXkrGABMk=" rel="nofollow" target="_blank">www.opportunitybank.com</a>. The shares of Eagle Bancorp Montana, Inc. are traded on the NASDAQ Global Market under the symbol "EBMT."</p> <table style="border-collapse: collapse; width:100%; border-collapse:collapse ;"><tr><td style="max-width:10%; width:10%; min-width:10%;">Contacts:</td><td style="max-width:90%; width:90%; min-width:90%;">Laura F. Clark, President and CEO</td></tr><tr><td> </td><td>(406) 457-4007</td></tr><tr><td> </td><td>Miranda J. Spaulding, EVP and CFO</td></tr><tr><td> </td><td>(406) 441-5010</td></tr></table> <p align="justify"><br></br></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcyMTY1MCM3NjA3MTIyIzIwMjg0NjQ="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ZjhiOWFmZTUtZTg1Ni00MWU3LWFmYWUtNjAxNThlZDM0ZDg5LTEwMzg3OTgtMjAyNi0wNS0xOC1lbg==/tiny/Eagle-Bancorp-Montana-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/76453ea6-0f49-45d4-af2a-509fb1eeaf30"><img src="https://ml.globenewswire.com/media/76453ea6-0f49-45d4-af2a-509fb1eeaf30/small/eagle-bancorp-montana-jpg.jpg" border="0" width="150" height="80" alt="Primary Logo"></img></a></p>

Eagle Bancorp Montana (EBMT) has announced P. Darryl Rensmon as the new President, effective June 1, 2026. This transition, which keeps Laura Clark as CEO, is part of a strategic long-term succession plan that aims to ensure operational continuity and drive future growth in the bank's operations.

Eagle Bancorp Montana Appoints Darryl Rensmon to President; Laura Clark to Remain Chief Executive Officer

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