February 1, 2000



Board of Directors
American Federal Savings Bank
1400 Prospect Avenue
Helena, Montana  59604-4999

Gentlemen:

We hereby  consent to the use of our name and summary of our valuation  opinion,
as  referenced  in  the   Application  for  Approval  of   Reorganization   (the
"Application")  filed by American  Federal  Savings  Bank (the  "Bank") with the
Office of Thrift Supervision, regarding the estimated aggregate pro forma market
value of the Bank in  connection  with its  reorganization  from mutual to stock
form and  simultaneous  offering  for sale of a minority  ownership  interest of
shares of common stock by Eagle Bancorp (the "Company").

We also consent to reference in the Application the summary of our opinion as to
the value of subscription  rights granted by the Bank. We further consent to the
use of our  name  and  summary  opinions  as  noted  above  in the  Registration
Statement and  Prospectus  filed by the Company with the Securities and Exchange
Commission.

Sincerely,

/s/FELDMAN FINANCIAL ADVISORS, INC.

FELDMAN FINANCIAL ADVISORS, INC.