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Stock impact report

NASDAQ Listing Has Been A Little Too Good For Isabella Bank [Seeking Alpha]

Isabella Bank Corporation - Common stock (ISBA) 
NASDAQ:AMEX Investor Relations: ir.isabellabank.com
Company Research Source: Seeking Alpha
ISBA's fundamentals lag sector averages, with below-average profitability and growth, despite recent improvements in earnings and asset quality. Valuation is stretched: ISBA trades at ~2.1x tangible book value and a P/E near 20, well above typical M&A multiples. Momentum drove the rally, but a meaningful pullback is warranted before considering new positions; better-valued community banks exist. Roberto Galan/iStock Editorial via Getty Images Out of 245 regional banks that are scored by Seeking Alpha's Quant rating, Isabella Bank Corporation ( ISBA ) is rated second overall, behind only Ponce Financial Group ( PDLB ). However, a look at the This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeki Show less Read more
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