Isabella Bank Co. (OTCMKTS:ISBA) Declares Quarterly Dividend of $0.28

Isabella Bank Co. (OTCMKTS:ISBA) announced a quarterly dividend on Thursday, February 27th, RTT News reports. Investors of record on Thursday, March 27th will be given a dividend of 0.28 per share on Monday, March 31st. This represents a $1.12 annualized dividend and a dividend yield of 4.49%. The ex-dividend date is Thursday, March 27th.

Isabella Bank Trading Up 1.5 %

Isabella Bank stock opened at $24.96 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.45. The business’s fifty day simple moving average is $25.59 and its two-hundred day simple moving average is $23.15. Isabella Bank has a 12 month low of $17.55 and a 12 month high of $26.23. The company has a market capitalization of $185.30 million, a price-to-earnings ratio of 13.42 and a beta of 0.02.

Isabella Bank (OTCMKTS:ISBA) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.03. Isabella Bank had a return on equity of 7.34% and a net margin of 13.28%. As a group, equities analysts predict that Isabella Bank will post 2.25 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler upped their price objective on Isabella Bank from $26.50 to $28.00 and gave the company a “neutral” rating in a research report on Monday, February 3rd.

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.