Isabella Bank (OTCMKTS:ISBA – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.04, Zacks reports. Isabella Bank had a return on equity of 7.56% and a net margin of 14.98%. The business had revenue of $25.70 million during the quarter, compared to the consensus estimate of $17.00 million.
Isabella Bank Stock Up 1.2 %
Shares of Isabella Bank stock traded up $0.23 during trading on Friday, hitting $19.76. 4,908 shares of the stock traded hands, compared to its average volume of 2,689. The firm has a market cap of $147.79 million, a P/E ratio of 9.32 and a beta of -0.04. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.36. Isabella Bank has a 52-week low of $17.75 and a 52-week high of $23.00. The stock’s fifty day simple moving average is $18.71 and its 200 day simple moving average is $19.27.
Isabella Bank Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Wednesday, June 26th were paid a $0.28 dividend. The ex-dividend date of this dividend was Wednesday, June 26th. This represents a $1.12 dividend on an annualized basis and a yield of 5.67%. Isabella Bank’s payout ratio is 52.83%.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on Isabella Bank
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.
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