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

Key Points

• Isabella Bank (OTCMKTS:ISBA) is set to announce its quarterly earnings on Thursday, October 23rd, with analysts expecting earnings of $0.60 per share.
• The stock opened at $37.23, and has a 1-year trading range between $20.10 and $44.99, with a current market cap of $274.01 million.
• Piper Sandler has lowered their target price for Isabella Bank from $37.50 to $34.00, rating the stock as "neutral" with an average rating of "Hold" from analysts.

Isabella Bank (OTCMKTS:ISBA - Get Free Report) is expected to be issuing its results before the market opens on Thursday, October 23rd. Analysts expect the company to announce earnings of $0.60 per share for the quarter.

Isabella Bank Stock Performance

ISBA opened at $37.23 on Thursday. Isabella Bank has a 1-year low of $20.10 and a 1-year high of $44.99. The company has a 50 day simple moving average of $33.82 and a two-hundred day simple moving average of $30.44. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.81 and a quick ratio of 0.81. The firm has a market cap of $274.01 million, a P/E ratio of 20.02 and a beta of 0.12.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler lowered their target price on shares of Isabella Bank from $37.50 to $34.00 and set a "neutral" rating on the stock in a report on Tuesday, July 29th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $34.00.

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.

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