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

Key Points

• Isabella Bank is expected to report quarterly results before the market opens on Thursday, April 16, with analysts forecasting $0.78 EPS and $21.70 million in revenue; in the prior quarter it reported $0.64 EPS, missing the $0.74 estimate.
• The bank pays a quarterly dividend of $0.28 (annualized $1.12) for a yield of 2.3%, and currently trades with a market capitalization around $351 million and a price-to-earnings ratio near 18.7.
• Analysts have a consensus Buy rating on ISBA but the consensus price target of $38.50 is materially below the recent share price of about $47.89.

Isabella Bank (NASDAQ:ISBA - Get Free Report) is projected to announce its results before the market opens on Thursday, April 16th. Analysts expect the company to announce earnings of $0.78 per share and revenue of $21.70 million for the quarter.

Isabella Bank (NASDAQ:ISBA - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.10). The company had revenue of $21.41 million during the quarter. Isabella Bank had a net margin of 16.88% and a return on equity of 8.17%.

Isabella Bank Price Performance

Shares of NASDAQ ISBA opened at $47.89 on Thursday. The stock has a market capitalization of $351.03 million, a price-to-earnings ratio of 18.71 and a beta of 0.12. The business has a 50-day moving average of $47.89 and a 200-day moving average of $45.02. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.85 and a quick ratio of 0.85. Isabella Bank has a fifty-two week low of $22.00 and a fifty-two week high of $58.83.

Isabella Bank Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Friday, March 27th were issued a $0.28 dividend. The ex-dividend date was Friday, March 27th. This represents a $1.12 annualized dividend and a dividend yield of 2.3%. Isabella Bank's dividend payout ratio (DPR) is presently 43.75%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Millennium Management LLC acquired a new position in shares of Isabella Bank during the fourth quarter worth $655,000. ExodusPoint Capital Management LP acquired a new position in shares of Isabella Bank during the fourth quarter worth $438,000. Barclays PLC acquired a new position in shares of Isabella Bank during the fourth quarter worth $168,000. Marshall Wace LLP acquired a new position in shares of Isabella Bank during the fourth quarter worth $1,186,000. Finally, State Street Corp grew its stake in shares of Isabella Bank by 27.9% in the fourth quarter. State Street Corp now owns 8,591 shares of the company's stock worth $430,000 after purchasing an additional 1,872 shares during the last quarter.

Analysts Set New Price Targets

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

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.

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