Isabella Bank’s chief credit officer buys shares for $599

Published 06/03/2025, 21:20
Isabella Bank’s chief credit officer buys shares for $599

In a recent transaction, Jon D. Catlin, the Chief Credit Officer of Isabella Bank Corp (OTC:ISBA), acquired 25.6739 shares of the company’s common stock. The purchase, which took place on March 4, 2025, was made at a price of $23.37 per share, totaling approximately $599. The regional bank, currently valued at $178.46 million, has demonstrated strong momentum with a 26.4% price return over the past six months. According to InvestingPro analysis, the stock trades at an attractive P/B ratio of 0.85 and offers a 4.66% dividend yield, maintaining payments for 18 consecutive years. Following this transaction, Catlin’s direct ownership in the company increased to 1,133.7071 shares. Want deeper insights into insider trading patterns and valuation metrics? InvestingPro offers exclusive analysis with 5+ additional ProTips for Isabella Bank Corp.

In other recent news, Isabella Bank Corporation announced a first-quarter cash dividend of $0.28 per common share. This dividend will be payable on March 31, 2025, to shareholders of record as of March 27, 2025. The dividend announcement reflects a yield of 4.55%, calculated based on the closing stock price of $24.60 per share. This development is part of Isabella Bank Corporation’s ongoing financial activities. The company operates across eight Mid-Michigan counties, offering a range of banking services. Investors are advised to consider the forward-looking nature of these statements, which are subject to risks and uncertainties. The company has emphasized caution against placing undue reliance on these projections.

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