Piper Sandler Increases Isabella Bank (OTCMKTS:ISBA) Price Target to $22.00

Isabella Bank (OTCMKTS:ISBA) had its price target increased by analysts at Piper Sandler from $20.00 to $22.00 in a note issued to investors on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Piper Sandler’s price target points to a potential upside of 10.83% from the stock’s current price.

Isabella Bank Price Performance

OTCMKTS ISBA opened at $19.85 on Wednesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.79 and a current ratio of 0.79. The company has a market capitalization of $148.48 million, a P/E ratio of 9.36 and a beta of -0.04. Isabella Bank has a one year low of $17.75 and a one year high of $23.00. The stock has a 50 day moving average price of $18.76 and a 200-day moving average price of $19.21.

Isabella Bank (OTCMKTS:ISBA) last posted its earnings results on Thursday, July 25th. The company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. The firm had revenue of $25.70 million during the quarter, compared to the consensus estimate of $17.00 million. Isabella Bank had a return on equity of 7.56% and a net margin of 14.98%. As a group, equities analysts predict that Isabella Bank will post 1.7 EPS for the current fiscal 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.