Isabella Bank (ISBA) Set to Announce Earnings on Thursday

Isabella Bank (OTCMKTS:ISBA - Get Free Report) will announce its earnings results on Thursday, April 18th.

Isabella Bank (OTCMKTS:ISBA - Get Free Report) last released its quarterly earnings data 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). Isabella Bank had a net margin of 19.44% and a return on equity of 9.45%. The business had revenue of $17.13 million during the quarter, compared to analysts' expectations 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

Isabella Bank stock traded down $0.15 during mid-day trading on Wednesday, reaching $18.10. The company's stock had a trading volume of 2,435 shares, compared to its average volume of 3,142. Isabella Bank has a 12-month low of $18.05 and a 12-month high of $24.00. The company has a market capitalization of $135.75 million, a P/E ratio of 7.54 and a beta of -0.10. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.81 and a current ratio of 0.81. The firm's fifty day moving average price is $19.34 and its two-hundred day moving average price is $20.27.

Isabella Bank Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Wednesday, March 27th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 6.19%. The ex-dividend date was Tuesday, March 26th. Isabella Bank's payout ratio is 46.67%.

Wall Street Analyst Weigh In

Separately, Piper Sandler started coverage on shares of Isabella Bank in a report on Thursday, April 11th. They issued a "neutral" rating and a $20.00 price target for the company.

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.