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

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

Isabella Bank (OTCMKTS:ISBA) last posted its quarterly earnings results on Friday, February 16th. The company reported $0.51 earnings per share for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.18). The company had revenue of $17.13 million during the quarter, compared to analyst estimates 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 Trading Up 0.3 %

OTCMKTS ISBA traded up $0.05 on Wednesday, reaching $18.25. The company had a trading volume of 105 shares, 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. The stock has a market cap of $136.88 million, a price-to-earnings ratio of 7.60 and a beta of -0.10. The stock’s 50 day moving average is $19.38 and its 200-day moving average is $20.28. Isabella Bank has a 52 week low of $18.05 and a 52 week high of $24.00.

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 given 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 dividend payout ratio is currently 46.67%.

Analysts Set New Price Targets

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

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.