Isabella Bank Corporation (NASDAQ:ISBA) Plans $0.28 Quarterly Dividend

Isabella Bank Corporation (NASDAQ:ISBA) announced a quarterly dividend on Thursday, May 28th. Shareholders of record on Friday, June 26th will be paid a dividend of 0.28 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Friday, June 26th.

Isabella Bank Stock Performance

Shares of ISBA opened at $41.13 on Friday. Isabella Bank has a 1 year low of $27.00 and a 1 year high of $58.83. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.81 and a quick ratio of 0.81. The stock’s fifty day moving average price is $44.25 and its two-hundred day moving average price is $46.83. The firm has a market cap of $301.48 million and a PE ratio of 15.18.

Isabella Bank (NASDAQ:ISBA) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.68 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.10). Isabella Bank had a return on equity of 8.33% and a net margin of 17.30%.The firm had revenue of $21.41 million for the quarter, compared to the consensus estimate of $21.70 million. On average, equities research analysts forecast that Isabella Bank will post 3.55 EPS for the current year.

Isabella Bank Company Profile

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.