Isabella Bank Co. (OTCMKTS:ISBA – Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $19.01 and traded as high as $19.15. Isabella Bank shares last traded at $19.15, with a volume of 1,055 shares.
Analyst Ratings Changes
Separately, Piper Sandler upped their price target on shares of Isabella Bank from $20.00 to $22.00 and gave the company a “neutral” rating in a research report on Wednesday, July 31st.
View Our Latest Stock Analysis on ISBA
Isabella Bank Stock Up 0.8 %
Isabella Bank (OTCMKTS:ISBA – Get Free Report) last posted its quarterly earnings data on Thursday, July 25th. The company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.04. The company had revenue of $25.70 million during the quarter, compared to analysts’ expectations of $17.00 million. Isabella Bank had a return on equity of 7.56% and a net margin of 14.98%. As a group, sell-side analysts forecast that Isabella Bank Co. will post 1.8 earnings per share for the current fiscal year.
Isabella Bank Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Wednesday, June 26th were given a $0.28 dividend. The ex-dividend date was Wednesday, June 26th. This represents a $1.12 dividend on an annualized basis and a yield of 5.85%. Isabella Bank’s dividend payout ratio (DPR) is 52.83%.
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.
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