See more : Northern Dynasty Minerals Ltd. (NDM.TO) Income Statement Analysis – Financial Results
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 |
Is Isabella Bank (ISBA) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Isabella Bank Corporation (ISBA) Q4 Earnings and Revenues Miss Estimates
Isabella Bank Corporation (ISBA) delivered earnings and revenue surprises of -3.49% and 2.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Isabella Bank Corporation (ISBA) Q3 Earnings and Revenues Miss Estimates
Isabella Bank Corporation (ISBA) delivered earnings and revenue surprises of -2.53% and 3.27%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Is Isabella Bank (ISBA) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...
Isabella Bank Corporation (ISBA) Tops Q2 Earnings and Revenue Estimates
Isabella Bank Corporation (ISBA) delivered earnings and revenue surprises of 18.97% and 7.06%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Isabella Bank Corporation (ISBA) Q1 Earnings and Revenues Top Estimates
Isabella Bank Corporation (ISBA) delivered earnings and revenue surprises of 14.81% and 1.35%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Is Isabella Bank (ISBA) Stock a Solid Choice Right Now?
Isabella Bank (ISBA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Why Isabella Bank Corporation (ISBA) Stock Might be a Great Pick
Isabella Bank Corporation (ISBA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
ISBA Tender Offer Results
MT. PLEASANT, Mich., Oct. 19, 2021 /PRNewswire/ -- Isabella Bank Corporation (the "Corporation") (OTCQX: ISBA) announced today the final results of its modified "Dutch auction" tender offer (the "Tender Offer") to purchase for cash up to $20,000,000 of shares of its common...
What Makes Isabella Bank Corporation (ISBA) a Good Fit for "Trend Investing"
Isabella Bank Corporation (ISBA) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Source: https://incomestatements.info
Category: Stock Reports