Isabella Bank (OTCMKTS:ISBA) Trading Up 0.9% – Time to Buy?

Posted by Maddie Sorensen on Dec 14th, 2024

Isabella Bank Co. (OTCMKTS:ISBA – Get Free Report) shot up 0.9% on Friday . The stock traded as high as $26.23 and last traded at $25.15. 6,905 shares traded hands during trading, an increase of 134% from the average session volume of 2,955 shares. The stock had previously closed at $24.92.

Analyst Upgrades and Downgrades

Separately, Piper Sandler lifted their price objective on Isabella Bank from $22.00 to $24.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th.

Get Our Latest Stock Report on Isabella Bank

Isabella Bank Stock Up 0.9 %

The business’s 50 day moving average is $23.14 and its 200-day moving average is $20.64. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market cap of $186.86 million, a PE ratio of 13.74 and a beta of 0.04.

Isabella Bank (OTCMKTS:ISBA – Get Free Report) last issued its earnings results on Thursday, October 24th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.16. Isabella Bank had a net margin of 13.43% and a return on equity of 7.32%. The firm had revenue of $18.02 million during the quarter, compared to the consensus estimate of $17.50 million. As a group, analysts predict that Isabella Bank Co. will post 1.99 EPS for the current year.

Isabella Bank Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 18th. Stockholders of record on Monday, December 16th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 4.45%. The ex-dividend date is Monday, December 16th. Isabella Bank’s dividend payout ratio (DPR) is presently 61.20%.

About Isabella Bank

(Get Free Report)

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.