Isabella Bank (ISBA) Set to Announce Earnings on Thursday

Isabella Bank (OTCMKTS:ISBA) will release its earnings data on Thursday, April 18th.

Isabella Bank (OTCMKTS:ISBA) last announced its quarterly earnings data on Friday, February 16th. The company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.18). Isabella Bank had a net margin of 19.44% and a return on equity of 9.45%. The company had revenue of $17.13 million for the quarter, compared to analysts’ expectations of $20.80 million. On average, analysts expect Isabella Bank to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Isabella Bank Stock Up 0.3 %

ISBA traded up $0.05 on Wednesday, reaching $18.25. 105 shares of the company traded hands, compared to its average volume of 3,315. The company has a debt-to-equity ratio of 0.57, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market cap of $136.88 million, a price-to-earnings ratio of 7.60 and a beta of -0.10. The stock’s 50 day moving average price is $19.38 and its 200-day moving average price is $20.28. Isabella Bank has a 52-week low of $18.05 and a 52-week high of $24.00.

Isabella Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 27th were paid a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a yield of 6.14%. The ex-dividend date of this dividend was Tuesday, March 26th. Isabella Bank’s dividend payout ratio (DPR) is presently 46.67%.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler started coverage on shares of Isabella Bank in a research note on Thursday, April 11th. They issued a “neutral” rating and a $20.00 target price for the company.

Isabella Bank Company Profile

Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides various banking products and services to businesses, institutions, and individuals and their families. Its deposit products include checking accounts, savings accounts, certificates of deposit, direct deposits, and money market accounts.