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ISBA · Isabella Bank Corp · Financials

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$37.12 -0.11 (-0.30%) At close · Oct 21
Market Cap
$283.18M
Shares
7.63M
Volume · Oct 21 18.66K Avg daily vol (3M) 54.61K

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$78.51M +11.5%
FY2025 Revenue FY2009–FY2025
Net Income
$18.91M +36.2%
FY2025 Net Income FY2009–FY2025
Diluted EPS
$2.56 +37.6%
FY2025 Diluted EPS FY2009–FY2025
Operating Cash Flow
$26.82M +36.6%
FY2025 Operating Cash Flow FY2009–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
$85.34M $78.51M $70.41M $71.77M $74.15M $66.52M $64.77M $57.48M $59.21M $56.76M $53.91M $51.7M $50.5M $49.57M $54.51M $49.92M $49.31M $48.42M
$101.51M $96.04M $89.98M $79.63M $65.8M $60.11M $64.17M $67.31M $63.86M $58.41M $53.67M $51.5M $51.15M $50.42M $56.4M $57.91M $57.22M $58.11M
$67.86M $62.54M $55.84M $57.94M $60.48M $52.7M $50.35M $49.45M $48.23M $45.92M $42.8M $41.34M $41.18M $39.4M $42.98M $41.7M $40.01M $38.27M
$17.49M $15.97M $14.58M $13.83M $13.67M $13.82M $14.42M $8.04M $10.98M $10.84M $11.11M $10.36M $9.33M $10.18M $11.53M $8.22M $9.3M $10.16M
$2000 — — $3000 $15K $29K $48K $72K $96K $119K $162K $169K $183K $221K $260K $299K $338K $375K
$33.65M $33.49M $34.14M $21.69M $5.32M $7.41M $13.83M $17.86M $15.63M $12.49M $10.87M $10.16M $9.97M $11.02M $13.42M $16.2M $17.2M $19.84M
$25.25M $24.12M $16.4M $21.83M $26.84M $23.35M $11.87M $14.4M $15.38M $16.25M $16.15M $18.42M $16.07M $14.71M $14.57M $11.56M $10.65M $8.65M
— $5.21M $2.51M $3.67M $4.61M $3.85M $987K $1.38M $1.36M $3.02M $2.35M $3.29M $2.34M $2.2M $2.36M $1.35M — —
$19.96M $18.91M $13.89M $18.17M $22.24M $19.5M $10.89M $13.02M $14.02M $13.24M $13.8M $15.13M $13.72M $12.51M $12.21M $10.21M $9.05M $7.8M
— 24.09% 19.73% 25.31% 29.99% 29.31% 16.81% 22.66% 23.68% 23.32% 25.6% 29.27% 27.17% 25.24% 22.39% 20.45% 18.34% 16.11%
$25.6M $32.24M $18.43M $29.47M -$16.82M $13.66M $16.61M $22.68M $8.72M $13.78M $10.8M $15.86M $19.56M $1.16M $14.72M $14.41M $9.46M $11.25M
USD/shares $2.72 $2.56 $1.86 $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
USD/shares $2.72 $2.56 $1.86 $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
shares — 7.37M 7.47M 7.51M 7.55M 7.85M 7.96M 7.91M 7.87M 7.84M 7.81M 7.78M 7.73M 7.69M 7.6M 7.57M 7.54M —
shares — 7.39M 7.48M 7.58M 7.65M 7.97M 8.11M 8.1M 8.07M 8.03M 8M 7.95M 7.91M 7.86M 7.8M 7.77M 7.73M —
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2025: $21.14M in buybacks, $124.6M in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Advances from Federal Home Loan Banks 2026-06-30 USD 0 10-Q filed 2026-08-10
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Some debt data could not be processed yet.
1 filing has incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Some sections could not be verified in 1 agreement document. Other restrictions or tests may apply.

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

3.25% Fixed-to-Floating Rate Subordinated Notes due 2031

Note · Isabella Bank Corporation

Reference: 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031

Active
Original principal
USD 30,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
—

Last reported interest terms: 3.25% Reported 2021-06-02 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2021-06-02 Original principal USD 30,000,000 Exact source document Parent 8-K filing · 2021-06-02
    This Agreement is made pursuant to the Subordinated Note Purchase Agreement dated June 2, 2021 by and among the Company and each of the Purchasers (the “Purchase Agreement”), which provides for the sale by the Company to the Purchasers of $30.0 million aggregate principal amount of the Company’s 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031, which were issued on June 2, 2021 (the “Subordinated Notes”). In order to induce each of the Purchasers to enter into the Purchase Agreement and in satisfaction of a condition to the Purchasers’ obligations thereunder, the Company has agreed to provide to the Purchasers and their respective direct and indirect transferees and assigns the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the closing under the Purchase Agreement.
    Issuer evidence: THIS REGISTRATION RIGHTS AGREEMENT (the “Agreement”) is dated as of June 2, 2021, and is made by and among Isabella Bank Corporation, a Michigan corporation (the “Company”), and the several purchasers of the Subordinated Notes (as defined below) identified on the signature pages to the Purchase Agreement (as defined below) (collectively, the “Purchasers”).
    Supporting evidence: This Agreement is made pursuant to the Subordinated Note Purchase Agreement dated June 2, 2021 by and among the Company and each of the Purchasers (the “Purchase Agreement”), which provides for the sale by the Company to the Purchasers of $30.0 million aggregate principal amount of the Company’s 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031, which were issued on June 2, 2021 (the “Subordinated Notes”). In order to induce each of the Purchasers to enter into the Purchase Agreement and in satisfaction of a condition to the Purchasers’ obligations thereunder, the Company has agreed to provide to the Purchasers and their respective direct and indirect transferees and assigns the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the closing under the Purchase Agreement.
    Supporting evidence: This Agreement is made pursuant to the Subordinated Note Purchase Agreement dated June 2, 2021 by and among the Company and each of the Purchasers (the “Purchase Agreement”), which provides for the sale by the Company to the Purchasers of $30.0 million aggregate principal amount of the Company’s 3.25% Fixed-to-Floating Rate Subordinated Notes due 2031, which were issued on June 2, 2021 (the “Subordinated Notes”). In order to induce each of the Purchasers to enter into the Purchase Agreement and in satisfaction of a condition to the Purchasers’ obligations thereunder, the Company has agreed to provide to the Purchasers and their respective direct and indirect transferees and assigns the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the closing under the Purchase Agreement.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
—
Peer median 11.92×
EV/EBIT
—
P/E (TTM)
13.65×
Peer median 12.06×

Peer medians compare against the 227 similar-size Banks - Regional companies (of 304 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Debit Card $4,224,000 $4,151,000 $4,063,000 $3,783,000 $3,623,000 $2,961,000 $2,667,000 $2,487,000
Fiduciary And Trust $3,522,000 $3,438,000 $3,110,000 $2,622,000 $2,707,000 $2,294,000 $2,269,000 $2,134,000
Customer Overdraft Fees $2,267,000 $2,199,000 $2,051,000 — — — — —
ATM Income $1,066,000 $1,078,000 $988,000 — — — — —
Service Charges and Deposit Account Fees $946,000 $633,000 $539,000 $345,000 $312,000 $290,000 $317,000 $332,000
Investment Advice $725,000 $603,000 $447,000 $383,000 $364,000 $284,000 $523,000 $702,000
Other Revenue $540,000 $392,000 $351,000 — — — — —
Key facts CIK 842517 CUSIP 464214105 13F (30d) 3 filings 3 filers Visit website Investor relations