Isabella Bank (OTCMKTS:ISBA) Coverage Initiated by Analysts at Piper Sandler

Analysts at Piper Sandler began coverage on shares of Isabella Bank (OTCMKTS:ISBA - Get Free Report) in a report issued on Thursday, MarketBeat Ratings reports. The brokerage set a "neutral" rating and a $20.00 price target on the stock. Piper Sandler's target price would indicate a potential upside of 7.41% from the stock's current price.

Isabella Bank Price Performance

Shares of ISBA traded up $0.52 during mid-day trading on Thursday, reaching $18.62. The company had a trading volume of 1,189 shares, compared to its average volume of 3,260. The company's 50 day simple moving average is $19.54 and its 200 day simple moving average is $20.35. The company has a market capitalization of $139.65 million, a price-to-earnings ratio of 7.76 and a beta of -0.10. Isabella Bank has a 1-year low of $18.05 and a 1-year high of $24.00. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.81 and a current ratio of 0.81.

Isabella Bank (OTCMKTS:ISBA - Get Free Report) last announced 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). The firm had revenue of $17.13 million during the quarter, compared to the consensus estimate of $20.80 million. Isabella Bank had a net margin of 19.44% and a return on equity of 9.45%. Analysts expect that Isabella Bank will post 2.57 EPS for the current year.

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.