Isabella Bank (NASDAQ:ISBA) Issues Earnings Results, Misses Expectations By $0.10 EPS

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

Isabella Bank Stock Performance

Shares of ISBA stock traded down $1.68 during trading hours on Thursday, reaching $44.77. 20,850 shares of the company traded hands, compared to its average volume of 27,913. Isabella Bank has a 12-month low of $24.68 and a 12-month high of $58.83. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. The company has a market cap of $328.16 million, a P/E ratio of 17.44 and a beta of 0.12. The firm has a 50-day moving average price of $47.30 and a 200 day moving average price of $45.89.

Isabella Bank Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Friday, March 27th were given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.5%. The ex-dividend date of this dividend was Friday, March 27th. Isabella Bank’s dividend payout ratio (DPR) is presently 43.75%.

Institutional Trading of Isabella Bank

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its stake in Isabella Bank by 2,617.7% during the 3rd quarter. Bank of America Corp DE now owns 1,685 shares of the company’s stock valued at $59,000 after purchasing an additional 1,623 shares during the period. Barclays PLC bought a new stake in Isabella Bank in the 4th quarter worth approximately $168,000. Integrated Wealth Concepts LLC bought a new stake in Isabella Bank in the 3rd quarter worth approximately $215,000. Susquehanna International Group LLP bought a new stake in Isabella Bank in the 3rd quarter worth approximately $217,000. Finally, Jane Street Group LLC bought a new stake in Isabella Bank in the 4th quarter worth approximately $420,000.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ISBA. Zacks Research upgraded Isabella Bank from a “hold” rating to a “strong-buy” rating in a report on Friday, March 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Isabella Bank in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $38.50.

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.