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Isabella Bank Corp (OTC:ISBA) Director Jill Bourland reported purchasing 9.3691 shares of common stock on July 16, 2025. The shares were acquired at a price of $32.02, totaling $299. The regional bank, with a market capitalization of $234 million, has shown remarkable performance with a 74% return over the past year. According to InvestingPro analysis, the stock currently appears undervalued, trading at a P/E ratio of 19.5.
Following the transaction, Bourland directly owns 5499.6398 shares of Isabella Bank Corp, which includes shares acquired through quarterly dividend reinvestment. The bank maintains a solid 3.53% dividend yield and has consistently paid dividends for 18 consecutive years, demonstrating strong shareholder returns. InvestingPro subscribers can access additional insights and metrics about ISBA’s financial health and growth potential.
In other recent news, Isabella Bank Corporation announced a cash dividend of $0.28 per common share for the second quarter of 2025, payable on June 30 to shareholders of record as of June 26. This dividend reflects the company’s ongoing financial performance and commitment to returning value to its shareholders. Additionally, Isabella Bank Corporation expanded its share repurchase program by 500,000 shares, increasing the total repurchase capacity to 538,448 shares. The program, active since 2007, allows the company to repurchase shares based on various market factors. In corporate governance updates, Chad R. Payton resigned from the board of directors of Isabella Bank Corp and its subsidiary, Isabella Bank, effective June 25. His departure was not due to any disagreements with the company or its board. These developments highlight the company’s strategic financial maneuvers and changes in its board composition.
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