Logo

ISBA

Isabella Bank Corporation

ISBA

Isabella Bank Corporation • NASDAQ
$42.00 ▲ 0.67% (+0.28)
Market Cap $309.12 M
52w High $46.75
52w Low $21.50
Dividend Yield 1.12%
P/E 17.07
Volume 5.04K
Outstanding Shares 7.36M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $28.595M ▲ $13.39M ▲ $5.24M ▲ 18.325% ▼ $0.71 ▲ $6.805M ▲
Q2-2025 $26.373M ▲ $13.19M ▲ $5.031M ▲ 19.076% ▲ $0.68 ▲ $6.706M ▲
Q1-2025 $25.675M ▼ $12.813M ▲ $3.949M ▼ 15.381% ▼ $0.53 ▼ $5.396M ▲
Q4-2024 $25.759M ▼ $11.948M ▼ $3.996M ▲ 15.513% ▲ $0.54 ▲ $5.352M ▲
Q3-2024 $26.366M $12.725M $3.281M 12.444% $0.44 $4.372M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $673.271M ▲ $2.26B ▲ $2.032B ▲ $227.42M ▲
Q2-2025 $227.539M ▼ $2.156B ▲ $1.936B ▲ $220.5M ▲
Q1-2025 $582.219M ▲ $2.103B ▲ $1.887B ▲ $215.556M ▲
Q4-2024 $253.028M ▼ $2.086B ▼ $1.876B ▼ $210.276M ▼
Q3-2024 $533.825M $2.107B $1.894B $212.985M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $5.24M ▲ $2.747M ▼ $-42.686M ▼ $92.686M ▲ $52.747M ▲ $1.73M ▼
Q2-2025 $5.031M ▲ $7.839M ▲ $-12.642M ▼ $44.178M ▲ $39.375M ▼ $7.239M ▲
Q1-2025 $3.949M ▼ $4.704M ▼ $28.1M ▲ $11.833M ▲ $44.637M ▲ $3.72M ▼
Q4-2024 $3.996M ▲ $7.123M ▲ $11.382M ▲ $-21.341M ▼ $-2.836M ▼ $6.607M ▲
Q3-2024 $3.281M $3.734M $-34.707M $34.792M $3.819M $3.373M

Revenue by Products

Product Q1-2019Q2-2019Q3-2019Q4-2019
Debit Card
Debit Card
 $0 ▲$0 ▲$0 ▲$0 ▲
Fiduciary and Trust
Fiduciary and Trust
 $0 ▲$0 ▲$0 ▲$0 ▲
Investment Advice
Investment Advice
 $0 ▲$0 ▲$0 ▲$0 ▲
Service Charges And Deposit Account Fees
Service Charges And Deposit Account Fees
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Over the past few years, Isabella Bank’s revenue has inched upward at a measured pace, showing steady but not rapid growth. Profitability, however, appears to have peaked a couple of years ago and has softened more recently. Earnings per share have trended down from earlier highs, even as revenue has grown, which points to some margin pressure – likely from higher funding costs, competitive loan pricing, or higher operating expenses. Overall, the bank still looks consistently profitable, but the direction of earnings has been slightly negative rather than steadily rising, which is worth watching in a changing interest rate environment.

Balance Sheet

Balance Sheet The balance sheet looks like that of a conservative, traditional community bank. Total assets have grown gradually, suggesting slow and steady expansion rather than aggressive balance sheet growth. The bank’s cash cushion is noticeably smaller than it was a few years ago, which is common as conditions normalize after the pandemic period, but it means less immediate liquidity on hand. Debt levels appear moderate relative to the size of the bank, and equity has edged up over time, indicating retained profitability and a reasonable capital base. One key unknown from this data is asset quality – the health of the loan book – which is critical for any bank and would need separate review.

Cash Flow

Cash Flow Cash generation from day‑to‑day banking operations has been quite steady, without major swings. Free cash flow has been consistently positive and relatively stable, which signals that the core business is self‑funding and not reliant on outside capital to keep operating. Capital spending appears very light, which fits a service‑oriented bank model but also suggests that most investment in technology and infrastructure is flowing through regular operating expenses rather than large, one‑time projects. Overall, the cash flow profile looks predictable and conservative, supporting ongoing operations and strategic flexibility, but not pointing to rapid, investment‑heavy expansion.

Competitive Edge

Competitive Edge Isabella Bank occupies a classic community‑bank niche in mid‑Michigan, with deep local roots and strong relationship banking as its core edge. Its long operating history and emphasis on local decision‑making help differentiate it from larger national banks that can feel more centralized and less personal. The addition of wealth management services and local expertise in commercial and agricultural lending widen its role in customers’ financial lives. On the other hand, the bank’s geographic concentration leaves it tied to the health of its regional economy, and it competes not only with bigger banks but also with credit unions and digital‑only players. The planned Nasdaq listing should raise its visibility, but scale and regional concentration remain the main structural constraints versus much larger peers.

Innovation and R&D

Innovation and R&D For a community bank, Isabella has been relatively proactive in adopting modern digital tools rather than building its own technology from scratch. Its online and mobile banking, person‑to‑person payments, and mobile check deposit bring it closer to the convenience offered by larger institutions. Tools like ClickSWITCH and CardSwap are focused on making it easier for customers to move their financial lives to the bank and keep card details updated, which can improve customer stickiness. Access to a large surcharge‑free ATM network helps offset its smaller physical footprint. Recent investments in upgraded digital platforms, along with adding a seasoned technology and cybersecurity executive to the board, suggest a clear focus on secure, user‑friendly digital experiences. The main challenge is to keep pace with fast‑moving fintech and big‑bank innovation with a more modest budget, making smart partnerships and targeted upgrades critical.

Summary

Isabella Bank presents as a steady, conservatively run regional bank with modest growth, stable operations, and a clear community‑centric identity. Financially, revenue has gradually improved, but earnings have eased back from prior highs, pointing to some pressure on margins or costs. The balance sheet is incremental rather than aggressive, with adequate capital and reduced excess cash compared with the pandemic period. Cash flows are consistent and supportive of ongoing operations and strategic options. Strategically, the bank leans on local relationships, specialized regional knowledge, and personalized service, while layering in practical digital tools and a broader wealth management offering. Its future trajectory will likely be shaped by how well it navigates interest rate shifts, loan quality, fee‑income expansion, and continued technology upgrades, all while preserving the trust and loyalty that underpin its community banking model.

NEWS

November 20, 2025 · 4:15 PM UTC

Isabella Bank Corporation Announces Fourth Quarter 2025 Dividend

Read more

October 27, 2025 · 5:15 PM UTC

Isabella Bank Corporation Reports Third Quarter 2025 Results

Read more

October 9, 2025 · 12:00 PM UTC

Isabella Bank Appoints Financial Executive Brian Tessin to its Boards of Directors

Read more