Isabella Bank Corporation reports developments for a Michigan community bank holding company whose subsidiary, Isabella Bank, provides personal and commercial banking across Mid-Michigan. Recurring updates cover loan and deposit trends, commercial real estate and residential mortgage portfolios, consumer lending, available-for-sale securities, capital levels, and noninterest income from service charges, bank-owned life insurance, and wealth management.
The company also announces common-stock dividends, share repurchases, board and finance leadership changes, and public-market status following its Nasdaq listing. Its banking services include deposit accounts, cash management, mobile and internet banking, trust services, brokerage, investment, and estate planning through Isabella Wealth.
Isabella Bank Corporation (ISBA) announced that CEO Jae Evans will present live at VirtualInvestorConferences.com on September 24th at 3:30 PM. Investors can participate in this interactive online event and ask questions in real-time. For those unable to attend live, an archived webcast will be available post-event. Pre-registration is recommended to expedite participation. Established in 1903, Isabella Bank is headquartered in Mt. Pleasant, MI, and offers a variety of banking services. More information is available at www.virtualinvestorconferences.com.
Isabella Bank Corporation (OTCQX: ISBA) declared a third-quarter cash dividend of $0.27 per common share, reflecting a 3.85% increase from the previous year. The dividend is payable on September 30, 2020, to shareholders of record as of September 28, 2020. With a closing stock price of $16.30 on August 31, 2020, the annualized cash dividend yield stands at 6.63%. The CEO emphasized the company's financial strength and commitment to supporting communities amid COVID-19 challenges.