ISBA

MKT CAP:$304M

Isabella Bank Corporation

Market Cap

$304M

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$41.07-$9.23 (-18.36%)

Apr 24, 2026

Company Details

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 acco...

CEO

Jerome E. Schwind

IPO Date

Jan 30, 2006

Website

www.isabellabank.com

Key Metrics TTM

Revenue

$116M

+12.4% YoY

Net Income

$20M

EPS (Diluted)

$2.71

Free Cash Flow

$23M

Revenue / Share

$15.78

Gross Margin

71.4%

Operating Margin

20.1%

Net Margin

17.2%

FCF Margin

20.2%

P/S

2.6x

P/E

15.2x

Earnings Reports

Q1 2026

Apr 23, 2026

NEW

$29M+14.9%EPS $0.68

FY 2025

Mar 13, 2026

$112M+10.1%EPS $2.56

Q4 2025

Mar 13, 2026

$31M+21.7%EPS $0.64

Q3 2025

Nov 10, 2025

$29M+8.5%EPS $0.71

Q2 2025

Aug 11, 2025

$26M+4.6%EPS $0.68

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$19M	$17M	$6M
Q3 22	$19M	$18M	$7M
Q4 22	$20M	$19M	$8M
Q1 23	$21M	$18M	$6M
Q2 23	$23M	$18M	$6M
Q3 23	$23M	$18M	$5M
Q4 23	$24M	$16M	$5M
Q1 24	$24M	$16M	$4M
Q2 24	$25M	$17M	$4M
Q3 24	$26M	$17M	$4M
Q4 24	$26M	$17M	$5M
Q1 25	$26M	$18M	$5M
Q2 25	$26M	$19M	$6M
Q3 25	$29M	$20M	$6M
Q4 25	$31M	$22M	$5M
Q1 26	$29M	$21M	$6M

Valuation

Quarter	P/S	P/E
Q2 22	2.6x	9.7x
Q3 22	2.1x	7.6x
Q4 22	2.2x	7.6x
Q1 23	2.2x	7.6x
Q2 23	1.9x	7.3x
Q3 23	1.8x	7.5x
Q4 23	1.8x	8.9x
Q1 24	1.6x	9.2x
Q2 24	1.4x	9.4x
Q3 24	1.6x	11.5x
Q4 24	1.9x	13.9x
Q1 25	1.7x	11.9x
Q2 25	2.2x	13.8x
Q3 25	2.5x	14.4x
Q4 25	3.4x	19.9x
Q1 26	2.8x	16.3x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$6M	$5M
Q2 22	$9M	$9M
Q3 22	$6M	$4M
Q4 22	$7M	$6M
Q1 23	$8M	$6M
Q2 23	$7M	$7M
Q3 23	$4M	$3M
Q4 23	$5M	$4M
Q1 24	$3M	$3M
Q2 24	$6M	$5M
Q3 24	$4M	$3M
Q4 24	$7M	$7M
Q1 25	$5M	$4M
Q2 25	$8M	$7M
Q3 25	$3M	$2M
Q4 25	$12M	$11M

Capital Expenditures

Quarter	CapEx
Q1 22	$462.0K
Q2 22	$365.0K
Q3 22	$1M
Q4 22	$926.0K
Q1 23	$1M
Q2 23	$595.0K
Q3 23	$1M
Q4 23	$1M
Q1 24	$818.0K
Q2 24	$411.0K
Q3 24	$361.0K
Q4 24	$516.0K
Q1 25	$984.0K
Q2 25	$600.0K
Q3 25	$1M
Q4 25	$878.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+9.7%	+6.8%
Q3 22	+9.5%	+1.4%
Q4 22	+13.5%	+4.6%
Q1 23	+20.2%	+23.7%
Q2 23	+19.6%	+36.1%
Q3 23	+20.2%	+46.2%
Q4 23	+16.6%	+51.5%
Q1 24	+14.6%	+39.5%
Q2 24	+11.1%	+23.2%
Q3 24	+12.5%	+24.6%
Q4 24	+8.3%	+8.7%
Q1 25	+5.3%	+0.4%
Q2 25	+4.6%	-4.3%
Q3 25	+8.5%	-0.9%
Q4 25	+21.7%	+26.7%
Q1 26	+14.9%	+13.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$180.0K	1.0%
Q2 22	$146.0K	0.8%
Q3 22	$128.0K	0.7%
Q4 22	-$307.0K	-1.5%
Q1 23	$388.0K	1.8%
Q2 23	$168.0K	0.7%
Q3 23	$140.0K	0.6%
Q4 23	-$443.0K	-1.9%
Q1 24	$243.0K	1.0%
Q2 24	$81.0K	0.3%
Q3 24	$79.0K	0.3%
Q4 24	$73.0K	0.3%
Q1 25	$174.0K	0.7%
Q2 25	$48.0K	0.2%
Q3 25	$56.0K	0.2%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$6M	$364.0K
Q3 22	$7M	$209.0K
Q4 22	$7M	$244.0K
Q1 23	$7M	$245.0K
Q2 23	$7M	—
Q3 23	$7M	—
Q4 23	$7M	$276.0K
Q1 24	$7M	$426.0K
Q2 24	$7M	$425.0K
Q3 24	$588.0K	$10M
Q4 24	$8M	$2M
Q1 25	$8M	$459.0K
Q2 25	$8M	$469.0K
Q3 25	$8M	$514.0K
Q4 25	$17M	$547.0K
Q1 26	$14M	$506.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$82M	$558M	$640M
Q3 22	$99M	$581M	$680M
Q4 22	$39M	$580M	$619M
Q1 23	$99M	$569M	$667M
Q2 23	$30M	$530M	$560M
Q3 23	$49M	$517M	$566M
Q4 23	$34M	$528M	$562M
Q1 24	$25M	$518M	$543M
Q2 24	$23M	$506M	$528M
Q3 24	$27M	$507M	$534M
Q4 24	$25M	$228M	$253M
Q1 25	$69M	$513M	$582M
Q2 25	$109M	$119M	$228M
Q3 25	$161M	$512M	$673M
Q4 25	$23M	$498M	$521M
Q1 26	$50M	$0	$50M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	8M	+0.1%	-5.1%
Q3 22	8M	+0.0%	-4.9%
Q4 22	8M	-0.4%	+0.1%
Q1 23	8M	+0.2%	-0.1%
Q2 23	8M	-0.9%	-1.1%
Q3 23	8M	+0.0%	-1.1%
Q4 23	7M	-1.5%	-2.1%
Q1 24	8M	+0.7%	-1.7%
Q2 24	7M	-0.2%	-1.0%
Q3 24	7M	-0.3%	-1.3%
Q4 24	7M	-0.3%	-0.1%
Q1 25	7M	-0.0%	-0.8%
Q2 25	7M	-0.7%	-1.3%
Q3 25	7M	-0.2%	-1.2%
Q4 25	7M	0.0%	-1.0%
Q1 26	7M	-0.5%	-1.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$57.5K	330
Q3 22	$59.0K	330
Q4 22	$58.8K	347
Q1 23	$61.3K	347
Q2 23	$65.4K	347
Q3 23	$67.5K	347
Q4 23	$66.8K	356
Q1 24	$68.5K	356
Q2 24	$70.8K	356
Q3 24	$74.1K	356
Q4 24	$70.0K	368
Q1 25	$69.8K	368
Q2 25	$71.7K	368
Q3 25	$77.7K	368
Q4 25	$86.6K	362
Q1 26	$81.5K	362

Revenue / Employee