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

Isabella Bank Co. (OTCMKTS:ISBA) declared a quarterly dividend on Thursday, February 27th, RTT News reports. Shareholders of record on Thursday, March 27th will be paid a dividend of 0.28 per share on Monday, March 31st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.49%.

Isabella Bank Trading Up 1.5 %

ISBA opened at $24.96 on Friday. The stock has a market capitalization of $185.30 million, a PE ratio of 13.42 and a beta of 0.02. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.81 and a current ratio of 0.81. Isabella Bank has a one year low of $17.55 and a one year high of $26.23. The business’s 50 day moving average price is $25.59 and its 200 day moving average price is $23.15.

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

Analyst Upgrades and Downgrades

Separately, Piper Sandler boosted their price objective on shares of Isabella Bank from $26.50 to $28.00 and gave the stock 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.