Isabella Bank Corporation Announces Fourth Quarter and 2023 Earnings
ISABELLA BANK CORP (ISBA)
NASDAQ:AMEX Investor Relations:
ir.isabellabank.com
Company Research
Source: PR Newswire
Continued growth in loans, Isabella Wealth; outpaced by continued interest rate pressureMT. PLEASANT, Mich., Feb. 16, 2024 /PRNewswire/ -- Isabella Bank Corporation (the "Corporation") (OTCQX: ISBA) reported fourth quarter and year-end 2023 earnings, demonstrating resilience during a year buffeted by rising interest rates on deposit accounts. Net income for the fourth quarter was $3.8 million and $18.2 million for the year ended December 31, 2023. Earnings per common share were $0.51 in the fourth quarter and $2.42 for the year.Among the 2023 highlights:Gross loans increased more than $85 million, or 7%.Isabella Wealth assets grew 25% to $641 million, leading to an increase in wealth management fees of $552,000, or 18%, over 2022.Interest income increased $13.8 million, or 21%, over 2022, offset by an increase in interest expense of $16.4 million.Shareholders earned a cash dividend of $1.12 per share in 2023, with an annualized dividend yield of 5.21%."Our 2023 financial results dem
Show less
Read more
Impact Snapshot
Event Time:
ISBA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ISBA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ISBA alerts
High impacting ISABELLA BANK CORP news events
Weekly update
A roundup of the hottest topics
ISBA
News
- Isabella Bank Corporation (ISBA) Q1 Earnings and Revenues Lag Estimates [Yahoo! Finance]Yahoo! Finance
- Isabella Bank Corporation Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Isabella Bank Corporation Reports First Quarter 2024 ResultsPR Newswire
- Isabella Bank Co. (OTCMKTS: ISBA) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $20.00 price target on the stock.MarketBeat
- Isabella Bank Corporation Announces First Quarter 2024 DividendPR Newswire
ISBA
Sec Filings
- 5/9/24 - Form 8-K
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- ISBA's page on the SEC website