Isabella Bank (NASDAQ:ISBA) Announces Quarterly Earnings Results, Misses Estimates By $0.10 EPS

Isabella Bank (NASDAQ:ISBA) issued its quarterly earnings data on Thursday. The company reported $0.68 EPS for the quarter, missing the consensus estimate of $0.78 by ($0.10), FiscalAI reports. The firm had revenue of $21.41 million for the quarter, compared to analysts’ expectations of $21.70 million. Isabella Bank had a net margin of 16.88% and a return on equity of 8.17%.

Isabella Bank Price Performance

ISBA stock opened at $44.43 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. Isabella Bank has a one year low of $24.68 and a one year high of $58.83. The stock has a market cap of $325.67 million, a PE ratio of 17.36 and a beta of 0.12. The firm has a 50 day simple moving average of $47.16 and a two-hundred day simple moving average of $45.88.

Isabella Bank Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 27th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Friday, March 27th. Isabella Bank’s payout ratio is currently 43.75%.

Analyst Upgrades and Downgrades

A number of research firms have commented on ISBA. Zacks Research raised shares of Isabella Bank from a “hold” rating to a “strong-buy” rating in a research note on Friday, March 27th. Weiss Ratings reissued a “buy (b-)” rating on shares of Isabella Bank in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $38.50.

Institutional Investors Weigh In On Isabella Bank

A number of institutional investors have recently made changes to their positions in the business. Millennium Management LLC purchased a new stake in shares of Isabella Bank in the 4th quarter valued at $655,000. ExodusPoint Capital Management LP purchased a new stake in shares of Isabella Bank in the 4th quarter valued at $438,000. Barclays PLC purchased a new stake in shares of Isabella Bank in the 4th quarter valued at $168,000. Marshall Wace LLP purchased a new stake in shares of Isabella Bank in the 4th quarter valued at $1,186,000. Finally, State Street Corp boosted its stake in shares of Isabella Bank by 27.9% in the 4th quarter. State Street Corp now owns 8,591 shares of the company’s stock valued at $430,000 after purchasing an additional 1,872 shares in the last quarter.

About Isabella Bank

Isabella Bank (NASDAQ: ISBA) is a community bank headquartered in Mount Pleasant, Michigan, serving individuals and businesses across mid-Michigan. The bank delivers a broad array of financial products, including checking and savings accounts, money market accounts, certificates of deposit, and online and mobile banking platforms designed to meet everyday banking needs.

On the commercial side, Isabella Bank offers business lending solutions such as lines of credit, term loans, and equipment financing, alongside treasury management, merchant services, and payroll processing to help companies manage cash flow and streamline operations.