ISBA

Stonegate Updates Coverage on Isabella Bank Corporation (ISBA) 2023 Q4

Retrieved on: 
Tuesday, February 20, 2024

Dallas, Texas--(Newsfile Corp. - February 20, 2024) - Isabella Bank Corporation (OTCQX: ISBA): Stonegate Capital Partners updates their coverage on Isabella Bank Corporation (OTCQX: ISBA).

Key Points: 
  • 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 .
  • Click image above to view full announcement.

Isabella Bank Corporation Announces First Quarter 2024 Dividend

Retrieved on: 
Friday, March 1, 2024

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.

Key Points: 
  • 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.
  • The dividend will be payable March 29, 2024 to shareholders of record as of March 27, 2024.
  • Based on ISBA's closing stock price of $19.37 per share as of February 28, 2024, the annualized cash dividend yield is 5.78%.
  • "I am pleased to announce our $0.28 cash dividend, which continues to provide our shareholders with an attractive yield," said Jerome E. Schwind, President and Chief Executive Officer.

Isabella Bank Corporation Announces Fourth Quarter and 2023 Earnings

Retrieved on: 
Saturday, February 17, 2024

MT. 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.

Key Points: 
  • 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 interest income, fourth quarter 2023: Net interest income for the fourth quarter 2023 declined $2.7 million, or 16%, compared to the fourth quarter of 2022.
  • Noninterest income and expenses, fourth quarter 2023: Noninterest income increased $244,000 compared to the fourth quarter of 2022, primarily driven by wealth management fees and ATM and debit card income.
  • Dividend: The Corporation paid a $0.28 per common share cash dividend for the fourth quarter of 2023.

McDonnell appointed to Isabella Bank Corporation and Isabella Bank Boards

Retrieved on: 
Tuesday, February 6, 2024

PLEASANT, Mich., Feb. 6, 2024 /PRNewswire/ -- Jerome E. Schwind, President and Chief Executive Officer, and Sarah R. Opperman, Board Chair of Isabella Bank Corporation and Isabella Bank, announce the appointment of Neil M. McDonnell to the Corporate and Bank Boards, effective January 31, 2024.

Key Points: 
  • PLEASANT, Mich., Feb. 6, 2024 /PRNewswire/ -- Jerome E. Schwind, President and Chief Executive Officer, and Sarah R. Opperman, Board Chair of Isabella Bank Corporation and Isabella Bank, announce the appointment of Neil M. McDonnell to the Corporate and Bank Boards, effective January 31, 2024.
  • "Mr. McDonnell joined Isabella Bank in 2018 with three decades of banking experience," Opperman said.
  • Pleasant, Michigan, is a subsidiary of Isabella Bank Corporation (OTCQX:ISBA).
  • For more information about Isabella Bank Corporation, visit the Investor Relations link at www.isabellabank.com .

Schwind assumes role as President and CEO of Isabella Bank Corporation

Retrieved on: 
Wednesday, January 24, 2024

MT. PLEASANT, Mich., Jan. 23, 2024 /PRNewswire/ -- Jerome E. Schwind has assumed the role of top executive at Isabella Bank Corporation, the eleventh such leader in the community bank's 120-year history.

Key Points: 
  • PLEASANT, Mich., Jan. 23, 2024 /PRNewswire/ -- Jerome E. Schwind has assumed the role of top executive at Isabella Bank Corporation, the eleventh such leader in the community bank's 120-year history.
  • Schwind was appointed President and Chief Executive Officer of Isabella Bank Corporation and Chief Executive Officer of Isabella Bank by the corporate Board of Directors last April and stepped into the position on Jan. 5.
  • "Jerome and Neil are highly experienced professionals and well-respected community bankers," said Sarah R. Opperman, Chair of the Isabella Bank Corporation Board of Directors.
  • Schwind had been Bank President since late 2015, previously serving as Executive Vice President and Chief Operations Officer, and Mecosta Division President.

Isabella Bank Corporation Announces Fourth Quarter 2023 Dividend

Retrieved on: 
Thursday, November 30, 2023

PLEASANT, Mich., Nov. 30, 2023 /PRNewswire/ -- Isabella Bank Corporation (OTCQX:ISBA) today announced its Board of Directors declared a fourth-quarter cash dividend of $0.28 per common share at its regular meeting on November 29, 2023.

Key Points: 
  • PLEASANT, Mich., Nov. 30, 2023 /PRNewswire/ -- Isabella Bank Corporation (OTCQX:ISBA) today announced its Board of Directors declared a fourth-quarter cash dividend of $0.28 per common share at its regular meeting on November 29, 2023.
  • The $0.28 dividend brings year-to-date cash dividends to $1.12, increasing 2.75% over cash dividends paid in 2022.
  • The dividend will be payable December 15, 2023 to shareholders of record as of December 13, 2023.
  • Based on ISBA's closing stock price of $19.97 per share as of November 29, 2023, the annualized cash dividend yield is 5.61%.

Chicago Attorney Stephen Komie Announces Campaign for Third Vice President of the ISBA

Retrieved on: 
Thursday, November 30, 2023

CHICAGO, Nov. 30, 2023 /PRNewswire-PRWeb/ -- Stephen M. Komie, who has led a storied legal career for the past 40 years, has announced his candidacy to run for the Illinois State Bar Association's Third Vice President. Attorney Komie's distinguished legal background as a premiere Illinois trial lawyer and his decades of leadership experience in the ISBA make him an exceptionally qualified candidate for ISBA's Third Vice President. Mr. Komie is humbled by the opportunity to continue to serve the ISBA in a new and exciting capacity as Third Vice President.

Key Points: 
  • CHICAGO, Nov. 30, 2023 /PRNewswire-PRWeb/ -- Stephen M. Komie, who has led a storied legal career for the past 40 years, has announced his candidacy to run for the Illinois State Bar Association's Third Vice President.
  • Mr. Komie is humbled by the opportunity to continue to serve the ISBA in a new and exciting capacity as Third Vice President.
  • Attorney Komie is the founder and Principal Attorney at Komie & Associates, a highly successful Chicago-based law firm assisting clients in cases involving criminal law, family law, civil litigation, and appeals.
  • If elected as Third Vice President of the ISBA, Stephen Komie plans to utilize his plethora of experience as a member of the ISBA Board of Governors, where he has served as Secretary and Treasurer.

Stonegate Updates Coverage on Isabella Bank Corporation (ISBA) 2023 Q3

Retrieved on: 
Tuesday, October 31, 2023

Dallas, Texas--(Newsfile Corp. - October 31, 2023) - Isabella Bank Corporation (OTCQX: ISBA): Stonegate Capital Partners updates their coverage on Isabella Bank Corporation (OTCQX: ISBA).

Key Points: 
  • Dallas, Texas--(Newsfile Corp. - October 31, 2023) - 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 .
  • Click image above to view full announcement.

Isabella Bank Corporation Announces Third Quarter 2023 Earnings

Retrieved on: 
Thursday, October 19, 2023

MT. PLEASANT, Mich., Oct. 19, 2023 /PRNewswire/ -- Isabella Bank Corporation (the "Corporation") (OTCQX: ISBA) has reported net income of $4.4 million for the third quarter of 2023 and $14.4 million for the nine-month period ended September 30, 2023.  Earnings per common share were $0.59 for the third quarter of 2023 and $1.91 for the first nine months of the year.

Key Points: 
  • PLEASANT, Mich., Oct. 19, 2023 /PRNewswire/ -- Isabella Bank Corporation (the "Corporation") (OTCQX: ISBA) has reported net income of $4.4 million for the third quarter of 2023 and $14.4 million for the nine-month period ended September 30, 2023.
  • Earnings per common share were $0.59 for the third quarter of 2023 and $1.91 for the first nine months of the year.
  • Net income: Net income for the third quarter of 2023 was $4.4 million, compared to $5.9 million in the third quarter of 2022.
  • Net interest income: Net interest income for the third quarter of 2023 decreased by $1.5 million compared to the third quarter of 2022.

Isabella Bank Corporation Announces Third Quarter 2023 Dividend

Retrieved on: 
Wednesday, September 6, 2023

PLEASANT, Mich., Sept. 6, 2023 /PRNewswire/ -- Isabella Bank Corporation (OTCQX:ISBA) today announced its Board of Directors declared a third-quarter cash dividend of $0.28 per common share at its regular meeting on August 30, 2023.

Key Points: 
  • PLEASANT, Mich., Sept. 6, 2023 /PRNewswire/ -- Isabella Bank Corporation (OTCQX:ISBA) today announced its Board of Directors declared a third-quarter cash dividend of $0.28 per common share at its regular meeting on August 30, 2023.
  • The dividend will be payable September 29, 2023 to shareholders of record as of September 27, 2023.
  • Based on ISBA's closing stock price of $20.18 per share as of August 30, 2023, the annualized cash dividend yield is 5.55%.
  • "The third quarter cash dividend of $0.28 represents an increase of 3.70% over the third quarter of 2022, and reflects our continued financial strength and commitment to building long-term shareholder value," said Jae A. Evans, President and Chief Executive Officer.