Isabella Bank Corporation (ISBA)

ISBA Income Statement

Revenue, expenses, and profitability analysis

ISBA Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	115.816M	29.490M	31.358M	28.595M	26.373M	25.675M	25.759M	26.366M	25.209M
Cost of Goods Sold	33.174M	8.247M	8.984M	8.929M	7.014M	8.001M	8.990M	9.799M	8.708M
Gross Profit	82.642M	21.243M	22.374M	19.666M	19.359M	17.674M	16.769M	16.567M	16.501M
Gross Profit Margin	72.0%	72.0%	71.4%	68.8%	73.4%	68.8%	65.1%	62.8%	65.5%
Total Operating Expenses	59.392M	15.266M	17.546M	13.390M	13.190M	12.813M	11.948M	12.725M	12.408M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	49.088M	14.662M	17.779M	8.415M	8.232M	8.145M	9.361M	10.484M	7.675M
Operating Income (EBIT)	23.250M	5.977M	4.828M	6.276M	6.169M	4.861M	4.821M	3.842M	4.093M
Operating Margin	20.3%	20.3%	15.4%	21.9%	23.4%	18.9%	18.7%	14.6%	16.2%
Income Before Tax (EBT)	25.239M	5.977M	6.817M	6.276M	6.169M	4.861M	4.821M	3.842M	4.093M
Interest Income	98.531M	25.129M	25.278M	24.882M	23.242M	22.633M	23.169M	23.341M	22.088M
Interest Expense	33.630M	8.247M	8.550M	8.720M	8.113M	8.108M	8.614M	8.853M	8.538M
Other Income/Expense	1.989M	0.00	1.989M	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	19.953M	4.992M	4.690M	5.240M	5.031M	3.949M	3.996M	3.281M	3.481M
Income Tax Expense	5.286M	985K	2.127M	1.036M	1.138M	912K	825K	561K	612K
Net Profit Margin	16.9%	16.9%	15.0%	18.3%	19.1%	15.4%	15.5%	12.4%	13.8%
EBITDA	23.277M	6.539M	3.227M	6.805M	6.706M	5.396M	5.352M	4.372M	4.612M
EBITDA Margin	22.2%	22.2%	10.3%	23.8%	25.4%	21.0%	20.8%	16.6%	18.3%
Depreciation & Amortization	27K	562K	-1.601M	529K	537K	535K	531K	530K	519K
EPS Basic	2.71	0.68	0.64	0.71	0.68	0.53	0.54	0.44	0.47
EPS Diluted	2.71	0.68	0.64	0.71	0.68	0.53	0.54	0.44	0.46
Shares Outstanding	7.341M	7.341M	7.380M	7.380M	7.451M	7.451M	7.454M	7.454M	7.406M
Diluted Shares Outstanding	7.341M	7.341M	7.380M	7.380M	7.398M	7.451M	7.453M	7.473M	7.495M

ISBA Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	112.001M	101.713M	90.764M	76.551M	71.276M	75.752M	76.338M	72.519M
Cost of Goods Sold	32.928M	36.027M	22.316M	5.800M	6.894M	15.490M	17.891M	16.609M
Gross Profit	79.073M	65.686M	68.448M	70.751M	64.382M	60.262M	58.447M	55.910M
Gross Profit Margin	70.6%	64.6%	75.4%	92.4%	90.3%	79.6%	76.6%	77.1%
Total Operating Expenses	56.939M	49.288M	46.616M	43.907M	41.035M	48.390M	44.043M	40.526M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	42.571M	31.420M	28.901M	27.403M	26.081M	25.956M	24.966M	24.789M
Operating Income (EBIT)	22.134M	16.398M	21.832M	26.844M	23.347M	11.872M	14.404M	15.384M
Operating Margin	19.8%	16.1%	24.1%	35.1%	32.8%	15.7%	18.9%	21.2%
Income Before Tax (EBT)	24.123M	16.398M	21.832M	26.844M	23.347M	11.872M	14.404M	15.384M
Interest Income	96.035M	89.978M	79.631M	65.798M	60.113M	64.172M	67.306M	63.864M
Interest Expense	33.491M	34.143M	21.687M	5.317M	7.412M	13.825M	17.861M	15.631M
Other Income/Expense	1.989M	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Income	18.910M	13.889M	18.167M	22.238M	19.499M	10.885M	13.024M	14.021M
Income Tax Expense	5.213M	2.509M	3.665M	4.606M	3.848M	987K	1.380M	1.363M
Net Profit Margin	16.9%	13.7%	20.0%	29.0%	27.4%	14.4%	17.1%	19.3%
EBITDA	22.134M	18.484M	23.810M	28.915M	26.287M	15.044M	17.691M	18.638M
EBITDA Margin	19.8%	18.2%	26.2%	37.8%	36.9%	19.9%	23.2%	25.7%
Depreciation & Amortization	0.00	2.086M	1.978M	2.071M	2.940M	3.172M	3.287M	3.254M
EPS Basic	2.56	1.86	2.42	2.95	2.48	1.37	1.65	1.78
EPS Diluted	2.56	1.86	2.40	2.91	2.45	1.34	1.61	1.74
Shares Outstanding	7.380M	7.454M	7.512M	7.550M	7.533M	7.960M	7.910M	7.872M
Diluted Shares Outstanding	7.380M	7.482M	7.575M	7.648M	7.966M	8.106M	8.095M	8.073M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Isabella Bank Corporation

Isabella Bank Corporation serves as the parent company for Isabella Bank, providing a comprehensive suite of banking products and financial services. Its diverse clientele includes businesses, institutions, private individuals, and families. The bank facilitates savings through various deposit options, such as checking and savings accounts, certificates of deposit (CDs), direct deposit services, and money market accounts. Its lending solutions are extensive, comprising commercial, agricultural, and residential real estate loans, alongside consumer credit offerings, including both secured and unsecured personal loans. Beyond core banking, Isabella Bank Corporation offers a range of additional amenities. These include cash management tools, mobile and internet banking platforms, electronic bill payment, automated teller machines (ATMs), specialized trust and investment advisory, estate planning assistance, and safe deposit box rentals. The corporation also extends its services to include group life, health, accident, and disability insurance products, as well as various other employee benefit programs. As of December 31, 2021, the company maintained 30 branch locations situated in Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw counties. With a heritage dating back to its founding in 1903, Isabella Bank Corporation is headquartered in Mount Pleasant, Michigan.

Mount Pleasant, MI

368 employees

www.isabellabank.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: Jerome E. Schwind

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