Isabella Bank (ISBA) Set to Announce Earnings on Thursday

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

Isabella Bank (OTCMKTS:ISBA) last issued its quarterly earnings results 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 return on equity of 9.45% and a net margin of 19.44%. The business had revenue of $17.13 million for the quarter, compared to the consensus estimate 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 Performance

Shares of OTCMKTS:ISBA traded up $0.05 during midday trading on Wednesday, reaching $18.25. 105 shares of the company traded hands, compared to its average volume of 3,315. 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 has a 12 month low of $18.05 and a 12 month high of $24.00. The firm has a market capitalization of $136.88 million, a price-to-earnings ratio of 7.60 and a beta of -0.10. The firm’s fifty day moving average price is $19.38 and its two-hundred day moving average price is $20.28.

Isabella Bank Announces Dividend

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

Analysts Set New Price Targets

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

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.