Isabella Bank (ISBA) Set to Announce Quarterly Earnings on Thursday

Isabella Bank (OTCMKTS:ISBA) is scheduled to post its quarterly earnings results on Thursday, April 18th.

Isabella Bank (OTCMKTS:ISBA) last issued its quarterly earnings data on Friday, February 16th. The company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.18). The firm had revenue of $17.13 million for the quarter, compared to analysts’ expectations of $20.80 million. Isabella Bank had a net margin of 19.44% and a return on equity of 9.45%. 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 Price Performance

OTCMKTS:ISBA traded up $0.05 during mid-day trading on Wednesday, hitting $18.25. 105 shares of the stock traded hands, compared to its average volume of 3,315. The business’s 50-day moving average price is $19.38 and its 200 day moving average price is $20.28. The company has a market cap of $136.88 million, a PE ratio of 7.60 and a beta of -0.10. Isabella Bank has a 12-month low of $18.05 and a 12-month high of $24.00. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.57.

Isabella Bank Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Wednesday, March 27th were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Tuesday, March 26th. This represents a $1.12 annualized dividend and a yield of 6.14%. Isabella Bank’s dividend payout ratio is currently 46.67%.

Analyst Upgrades and Downgrades

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

About Isabella Bank

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.