Procore signs multi-year strategic collaboration agreement with AWS
Jerome E. Schwind, the President and CEO of Isabella Bank Corp (OTC:ISBA), has recently acquired additional shares in the company. According to a recent SEC filing, Schwind purchased 8.0972 shares of common stock on May 1, 2025, at a price of $24.70 per share. This transaction amounted to a total value of approximately $200. Following this transaction, Schwind’s direct ownership in Isabella Bank now stands at 32,021.7963 shares.The timing of Schwind’s purchase appears strategic, with the stock now trading at $26.75, near its 52-week high. Isabella Bank, with a market cap of $198 million, has delivered impressive returns of 54% over the past year and maintains an 18-year track record of consecutive dividend payments, currently yielding 4.2%. InvestingPro analysis reveals 7 additional key insights about Isabella Bank’s performance and outlook.
In other recent news, Isabella Bank Corporation announced an expansion of its share repurchase program, increasing the capacity by 500,000 shares to a total of 538,448 shares. The company stated that the repurchase program, which has been active since 2007, does not have a set expiration date and can be adjusted at any time. Additionally, Isabella Bank Corporation is pursuing a listing on the Nasdaq Capital Market as part of its strategy to enhance shareholder value and improve its financial profile. The CEO highlighted the potential benefits of this move, including better access to capital and increased stock liquidity. However, the company acknowledged that the listing is contingent upon Nasdaq’s approval and meeting regulatory criteria. Furthermore, Isabella Bank Corporation declared a first-quarter cash dividend of $0.28 per share, payable on March 31, 2025, to shareholders of record as of March 27, 2025. This dividend reflects a yield of 4.55% based on the recent stock price. These developments underscore the company’s ongoing efforts to strengthen its market position and financial standing.
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