Isabella Bank (ISBA) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Isabella Bank

NasdaqCM•Financial Services•Banks - Regional

$38.69+0.01(<0.01%)After hours

Market Cap

$304.53M

P/E

14.3x

P/S

2.5x

P/B

1.2x

Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides banking and wealth management services to businesses, institutions, and individuals and their families in Michigan, the United States. The company offers deposit products, including checking and savings accounts; and certificates of deposit, direct deposits, and cash management services. Its loan portfolio comprises commercial, agricultural, and residential real estate loans, as well as consumer loans, including secured and unsecured personal loans. In addition, the company provides mobile and internet banking, investment management, trust and estate services, automated teller machines, and insurance products. Isabella Bank Corporation was founded in 1903 and is headquartered in Mount Pleasant, Michigan.

How this company scores

ExcellentMetricSide Score: 83/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (16/25).

Profitability21/25

Growth21/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsRising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 14.3x5y range 7.3x – 19.5x

Currently above its 20-quarter median.

P/S · 2.5x5y range 1.6x – 3.3x

Currently near its 20-quarter median.

P/B · 1.2x5y range 0.8x – 1.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Share Dilution

Watch

Shares outstanding rose 2.7% — mild dilution. Compare to earnings growth to assess the net per-share impact.

Price & Volume

Market Cap $304.53M

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $121.89M
Q. Revenue: $32.08M
TTM EBITDA: $30.54M
TTM Op. Income: $27.21M
Q. Op. Income: $8.24M
TTM Net Income: $21.33M
Q. Net Income: $6.61M
EPS: $0.86
Shares Out.: $7.64M

$121.89M in TTM revenue grew 11.4% YoY, reaching $32.08M last quarter. TTM EBITDA of $30.54M and TTM operating income of $27.21M show growth is flowing through to the bottom line. TTM net income of $21.33M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 74.6%
EBITDA Margin: 27.5%
Op. Margin: 25.7%
Net Margin: 20.6%

Op. margin of 25.7% is up 4.2% YoY — cost efficiency is improving. Net margin at 20.6% and gross margin of 74.6% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 19% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 14.3x
P/S Ratio: 2.5x
P/B Ratio: 1.2x

At 14.3x P/E, the stock trades below typical market levels. P/S of 2.5x and P/B of 1.2x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.24B
Cash: $138.54M
Long-Term Debt: $29.58M
Book Value: $245.59M
D/E Ratio: 0.1
Debt/EBITDA: 3.4

With $2.24B in assets and $29.58M in long-term debt, D/E is 0.1and book value is $245.59M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 7% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $5.41M
TTM Free Cash Flow: $26.04M
FCF Margin: 21.4%
FCF / Net Income: 1.2

TTM FCF of $26.04M on $5.41M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.