Isabella Bank Co. (OTCMKTS:ISBA – Get Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $20.31 and traded as high as $21.25. Isabella Bank shares last traded at $21.25, with a volume of 4,020 shares trading hands.
Analyst Ratings Changes
Separately, Piper Sandler increased their price target on Isabella Bank from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Wednesday, July 31st.
Check Out Our Latest Stock Report on ISBA
Isabella Bank Trading Down 1.2 %
Isabella Bank (OTCMKTS:ISBA – Get Free Report) last issued its quarterly earnings results on Thursday, July 25th. The company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.04. The company had revenue of $25.70 million for the quarter, compared to the consensus estimate of $17.00 million. Isabella Bank had a return on equity of 7.50% and a net margin of 14.98%. As a group, research analysts expect that Isabella Bank Co. will post 1.8 earnings per share for the current fiscal year.
Isabella Bank Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.28 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.12 annualized dividend and a yield of 5.27%. Isabella Bank’s dividend payout ratio (DPR) is 52.83%.
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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