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Complete financial analysis of Isabella Bank Corporation (ISBA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Isabella Bank Corporation, a leading company in the Banks – Regional industry within the Financial Services sector.
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Isabella Bank Corporation (ISBA)
About Isabella Bank Corporation
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. The company's loan portfolio comprises commercial, agricultural, and residential real estate loans, as well as consumer loans, including secured and unsecured personal loans. It also offers cash management, mobile and internet banking, electronic bill pay, automated teller machines, trust and investment, estate planning, and safe deposit box rental services; and group life, health, accident, disability, and other insurance products, as well as other employee benefit programs. As of December 31, 2021, the company operated 30 banking offices in Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw counties. Isabella Bank Corporation was founded in 1903 and is headquartered in Mount Pleasant, Michigan.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 71.14M | 71.23M | 63.86M | 64.77M | 57.48M | 59.18M | 56.73M | 52.19M | 50.89M | 52.95M | 52.66M | 53.72M | 49.92M | 49.31M | 48.42M | 43.58M | 11.17M | 9.78M | 9.25M | 8.90M | 12.20M | 9.13M | 6.97M | 4.97M | 4.15M | 3.27M | 2.49M | 2.69M | 2.45M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.95M | 10.81M | 9.39M | 9.55M | 8.96M | 9.61M | 10.74M | 49.86M | 0.00 | 0.00 | 43.35M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 71.14M | 71.23M | 63.86M | 64.77M | 57.48M | 48.23M | 45.92M | 42.80M | 41.34M | 43.98M | 43.06M | 42.98M | 57.91K | 49.31M | 48.42M | 234.00K | 11.17M | 9.78M | 9.25M | 8.90M | 12.20M | 9.13M | 6.97M | 4.97M | 4.15M | 3.27M | 2.49M | 2.69M | 2.45M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 81.50% | 80.94% | 82.01% | 81.24% | 83.07% | 81.75% | 80.00% | 0.12% | 100.00% | 100.00% | 0.54% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 36.20M | 26.21M | 25.14M | 25.08M | 24.20M | 24.19M | 24.93M | 22.38M | 21.93M | 24.31M | 24.65M | 24.38M | 20.38M | 19.81M | 19.99M | 16.99M | 15.62M | 13.87M | 13.55M | 12.69M | 13.35M | 11.31M | 9.79M | 8.59M | 6.62M | 6.00M | 4.85M | 4.60M | 4.23M |
| Selling & Marketing | 1.16M | 1.06M | 939.00K | 877.00K | 762.00K | 596.00K | 568.00K | 586.00K | 491.00K | 1.43M | 1.13M | 1.97M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 37.36M | 27.27M | 26.08M | 25.96M | 24.97M | 24.79M | 25.50M | 22.96M | 22.42M | 25.74M | 25.78M | 26.34M | 20.38M | 19.81M | 19.99M | 16.99M | 15.62M | 13.87M | 13.55M | 12.69M | 13.35M | 11.31M | 9.79M | 8.59M | 6.62M | 6.00M | 4.85M | 4.60M | 4.23M |
| Other Expenses | 0.00 | -66.34M | -66.60M | -78.85M | -68.05M | -2.18M | -3.98M | -3.48M | -3.36M | -4.44M | -4.32M | -5.12M | -31.88M | 26.76M | 29.47M | -20.14M | -44.06M | -39.02M | -37.21M | -35.69M | -38.38M | -33.10M | -29.26M | -25.84M | 7.67M | -17.26M | 8.30M | -13.90M | -13.03M |
| Operating Expenses | 37.36M | -39.07M | -40.52M | -52.90M | -43.08M | 22.61M | 21.53M | 19.48M | 19.07M | 21.31M | 21.47M | 21.23M | -11.51M | 46.57M | 49.46M | -3.14M | -28.44M | -25.16M | -23.66M | -23.01M | -25.03M | -21.80M | -19.47M | -17.24M | 14.29M | -11.26M | 13.15M | -9.30M | -8.80M |
| Cost & Expenses | 37.36M | -39.07M | -40.52M | -52.90M | -43.08M | 22.61M | 21.53M | 19.48M | 19.07M | 21.31M | 21.47M | 21.23M | 38.36M | 38.66M | 39.78M | 40.20M | -28.44M | -25.16M | -23.66M | -23.01M | -25.03M | -21.80M | -19.47M | -17.24M | 14.29M | -11.26M | 13.15M | -9.30M | -8.80M |
| Interest Income | 79.63M | 65.80M | 60.11M | 64.17M | 67.31M | 63.86M | 58.41M | 53.67M | 51.50M | 53.95M | 54.08M | 56.40M | 57.91M | 57.22M | 58.11M | 61.39M | 53.97M | 44.71M | 36.88M | 33.82M | 35.98M | 38.16M | 40.80M | 38.75M | 27.50M | 25.80M | 22.73M | 21.70M | 19.85M |
| Interest Expense | 21.69M | 5.32M | 7.41M | 13.83M | 17.86M | 15.63M | 12.49M | 10.87M | 10.16M | 9.97M | 11.02M | 13.42M | 16.20M | 17.20M | 19.84M | 25.61M | 25.96M | 19.73M | 12.97M | 10.46M | 12.45M | 15.26M | 19.26M | 18.40M | 12.90M | 12.48M | 10.53M | 9.96M | 9.00M |
| Depreciation & Amortization | 2.12M | 2.09M | 2.34M | 2.67M | 2.98M | 3.04M | 3.02M | 2.98M | 3.19M | 3.00M | 3.30M | 3.46M | 3.53M | 3.40M | 3.41M | 2.93M | 2.16M | 2.04M | 1.88M | 1.69M | 2.35M | 5.28M | 1.73M | 1.16M | 0.00 | 25.48M | 0.00 | 21.20M | 19.38M |
| EBITDA | 0.00 | 29.03M | 26.29M | 15.04M | 17.69M | 18.64M | 19.61M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 17.49M | 15.63M | 14.59M | 13.02M |
| EBITDA Ratio | 0.00% | 48.21% | 41.16% | 23.23% | 30.78% | 57.91% | 56.60% | 58.23% | 62.43% | 54.84% | 55.12% | 58.55% | 62.70% | 63.38% | 65.86% | 73.23% | 337.02% | 313.78% | 254.75% | 232.21% | 197.02% | 325.91% | 419.88% | 544.71% | 443.99% | 534.44% | 628.84% | 542.55% | 532.30% |
| Operating Income | 21.83M | 32.16M | 23.35M | 11.87M | 14.40M | 15.38M | 16.25M | 16.15M | 18.42M | 16.07M | 14.71M | 14.57M | 11.56M | 10.65M | 8.65M | 3.38M | -17.27M | -15.38M | -14.41M | -14.11M | -12.83M | -12.67M | -12.50M | -12.27M | 18.44M | -7.99M | 15.63M | -6.61M | -6.36M |
| Operating Income Ratio | 30.69% | 45.15% | 36.56% | 18.33% | 25.06% | 26.00% | 28.65% | 30.94% | 36.19% | 30.35% | 27.92% | 27.12% | 23.17% | 21.59% | 17.86% | 7.75% | -154.54% | -157.21% | -155.71% | -158.49% | -105.19% | -138.79% | -179.35% | -246.92% | 443.99% | -244.22% | 628.84% | -245.62% | -259.89% |
| Total Other Income/Expenses | 0.00 | -11.18M | -9.88M | -16.35M | -9.80M | -10.33M | -9.62M | 0.00 | -9.47M | 0.00 | 0.00 | 222.00K | 0.00 | 0.00 | 0.00 | 0.00 | 26.80M | 24.30M | 0.00 | 0.00 | 22.07M | 21.88M | 20.77M | 19.79M | -12.90M | 13.00M | 15.76M | 11.24M | 10.38M |
| Income Before Tax | 21.83M | 26.84M | 23.35M | 11.87M | 14.40M | 15.38M | 16.25M | 16.15M | 18.42M | 16.07M | 14.71M | 14.57M | 11.56M | 10.65M | 8.65M | 3.38M | 9.54M | 8.92M | 8.72M | 8.52M | 9.24M | 9.21M | 8.27M | 7.52M | 5.54M | 5.01M | 5.10M | 4.64M | 4.02M |
| Income Before Tax Ratio | 30.69% | 37.68% | 36.56% | 18.33% | 25.06% | 26.00% | 28.65% | 30.94% | 36.19% | 30.35% | 27.92% | 27.12% | 23.17% | 21.59% | 17.86% | 7.75% | 85.34% | 91.21% | 94.28% | 95.76% | 75.74% | 100.91% | 118.70% | 151.21% | 133.42% | 152.96% | 205.11% | 172.34% | 164.48% |
| Income Tax Expense | 3.67M | 4.61M | 3.85M | 987.00K | 1.38M | 1.36M | 3.02M | 2.35M | 3.29M | 2.34M | 2.20M | 2.36M | 1.35M | 1.60M | 846.00K | -724.00K | 1.61M | 1.92M | 1.95M | 1.88M | 2.04M | 2.29M | 2.21M | 2.08M | 1.49M | 1.37M | 1.49M | 1.30M | 1.07M |
| Net Income | 18.17M | 22.24M | 19.50M | 10.89M | 13.02M | 14.02M | 13.24M | 13.80M | 15.13M | 13.72M | 12.51M | 12.21M | 10.21M | 9.05M | 7.80M | 4.10M | 7.93M | 7.00M | 6.78M | 6.65M | 7.21M | 6.93M | 6.07M | 5.43M | 4.05M | 3.63M | 3.61M | 3.34M | 2.96M |
| Net Income Ratio | 25.54% | 31.22% | 30.53% | 16.81% | 22.66% | 23.69% | 23.33% | 26.44% | 29.73% | 25.92% | 23.75% | 22.72% | 20.45% | 18.34% | 16.11% | 9.41% | 70.97% | 71.58% | 73.23% | 74.66% | 59.06% | 75.87% | 87.06% | 109.28% | 97.54% | 111.06% | 145.17% | 124.19% | 120.94% |
| EPS | 2.42 | 2.95 | 2.48 | 1.37 | 1.65 | 1.78 | 1.69 | 1.77 | 1.95 | 1.77 | 1.63 | 1.61 | 1.35 | 1.20 | 1.04 | 0.55 | 1.14 | 1.02 | 1.04 | 1.02 | 1.24 | 1.10 | 1.07 | 0.96 | 1.04 | 0.29 | 0.95 | 0.89 | 0.88 |
| EPS Diluted | 2.40 | 2.91 | 2.45 | 1.34 | 1.61 | 1.74 | 1.65 | 1.73 | 1.90 | 1.74 | 1.59 | 1.56 | 1.31 | 1.17 | 1.01 | 0.53 | 1.11 | 0.98 | 1.04 | 1.02 | 1.24 | 1.10 | 1.07 | 0.96 | 1.04 | 0.29 | 0.95 | 0.89 | 0.88 |
| Weighted Avg Shares Out | 7.51M | 7.55M | 7.85M | 7.96M | 7.91M | 7.87M | 7.84M | 7.81M | 7.78M | 7.73M | 7.69M | 7.60M | 7.57M | 7.54M | 7.52M | 7.49M | 6.97M | 6.88M | 6.54M | 6.48M | 5.81M | 6.31M | 5.69M | 5.65M | 5.06M | 3.87M | 3.80M | 3.76M | 3.37M |
| Weighted Avg Shares Out (Dil) | 7.58M | 7.65M | 7.97M | 8.11M | 8.10M | 8.07M | 8.03M | 8.00M | 7.95M | 7.91M | 7.86M | 7.80M | 7.77M | 7.73M | 7.70M | 7.68M | 7.17M | 7.13M | 6.54M | 6.48M | 5.81M | 6.31M | 5.69M | 5.65M | 5.06M | 3.87M | 3.80M | 3.76M | 3.37M |
Isabella Bank Corporation Reports Second Quarter 2024 Results
MT. PLEASANT, Mich. , July 25, 2024 /PRNewswire/ -- Isabella Bank Corporation (OTCQX: ISBA) (the "Company") reported second quarter 2024 net income of $3.5 million, or $0.46 per diluted share, compared to $4.6 million or $0.61 per diluted share in...
Isabella Bank Corporation Announces Second Quarter 2024 Dividend
MT. PLEASANT, Mich. , May 30, 2024 /PRNewswire/ -- Isabella Bank Corporation (OTCQX:ISBA) today announced its Board of Directors declared a second-quarter cash dividend of $0.28 per common share at its regular meeting on May 29, 2024.
Stonegate Updates Coverage on Isabella Bank Corporation (ISBA) 2024 Q1
Dallas, Texas--(Newsfile Corp. - April 22, 2024) - Isabella Bank Corporation (OTCQX: ISBA): Stonegate Capital Partners updates their coverage on Isabella Bank Corporation (OTCQX: ISBA). To view the full announcement, including downloadable images, bios, and more, click here.
Isabella Bank Corporation (ISBA) Q1 Earnings and Revenues Lag Estimates
Isabella Bank Corporation (ISBA) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.70 per share a year ago.
Isabella Bank Corporation Reports First Quarter 2024 Results
Loan, Deposit and Wealth Asset Growth continue in 2024 MT. PLEASANT, Mich.
Isabella Bank Corporation Announces First Quarter 2024 Dividend
MT. PLEASANT, Mich. , March 1, 2024 /PRNewswire/ -- Isabella Bank Corporation (OTCQX: ISBA) today announced its Board of Directors declared a first-quarter cash dividend of $0.28 per common share at its regular meeting on February 28, 2024.
Stonegate Updates Coverage on Isabella Bank Corporation (ISBA) 2023 Q4
Dallas, Texas--(Newsfile Corp. - February 20, 2024) - Isabella Bank Corporation (OTCQX: ISBA): Stonegate Capital Partners updates their coverage on Isabella Bank Corporation (OTCQX: ISBA). To view the full announcement, including downloadable images, bios, and more, click here.
Isabella Bank Corporation Announces Fourth Quarter and 2023 Earnings
Continued growth in loans, Isabella Wealth; outpaced by continued interest rate pressure MT. PLEASANT, Mich.
McDonnell appointed to Isabella Bank Corporation and Isabella Bank Boards
MT. PLEASANT, Mich. , Feb. 6, 2024 /PRNewswire/ -- Jerome E.
Schwind assumes role as President and CEO of Isabella Bank Corporation
McDonnell appointed as Bank President MT. PLEASANT, Mich.
Source: https://incomestatements.info
Category: Stock Reports