Isabella Bank Corporation Declares Quarterly Dividend of $0.28 (NASDAQ:ISBA)

Isabella Bank Corporation (NASDAQ:ISBA) declared a quarterly dividend on Thursday, August 27th. Investors of record on Monday, September 28th will be paid a dividend of 0.28 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, September 28th.

Isabella Bank Stock Up 0.2%

Isabella Bank stock opened at $38.54 on Friday. The stock has a 50 day moving average of $39.91 and a two-hundred day moving average of $43.29. Isabella Bank has a twelve month low of $31.20 and a twelve month high of $58.83. The stock has a market capitalization of $294.02 million, a price-to-earnings ratio of 14.17 and a beta of 0.01. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.12.

Isabella Bank (NASDAQ:ISBA) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.69 EPS for the quarter, missing the consensus estimate of $0.92 by ($0.23). Isabella Bank had a return on equity of 8.48% and a net margin of 16.78%.The company had revenue of $22.68 million for the quarter, compared to analysts’ expectations of $23.00 million. As a group, research analysts expect that Isabella Bank will post 3.24 earnings per share for the current year.

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.