Isabella Bank (OTCMKTS:ISBA) Releases Earnings Results, Beats Expectations By $0.03 EPS

Isabella Bank (OTCMKTS:ISBAGet Free Report) announced its earnings results on Thursday. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03, Zacks reports. Isabella Bank had a return on equity of 7.32% and a net margin of 13.43%.

Isabella Bank Trading Up 0.0 %

ISBA traded up $0.01 on Friday, reaching $25.80. 1,050 shares of the company traded hands, compared to its average volume of 1,102. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.45. The company has a market cap of $191.69 million, a P/E ratio of 14.10 and a beta of 0.02. The firm has a fifty day simple moving average of $25.50 and a two-hundred day simple moving average of $22.34. Isabella Bank has a one year low of $17.55 and a one year high of $26.23.

Isabella Bank Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Monday, December 16th were paid a $0.28 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $1.12 dividend on an annualized basis and a yield of 4.34%. Isabella Bank’s payout ratio is 61.20%.

Analysts Set New Price Targets

Separately, Piper Sandler upped their price target on Isabella Bank from $22.00 to $24.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th.

View Our Latest Report on ISBA

Isabella Bank Company Profile

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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.

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Earnings History for Isabella Bank (OTCMKTS:ISBA)

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