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0.000895942659669876 0.000895942659669876 0.000895942659669876 0.000895942659669876 0.0029438115960579 0.00601561500064013 0.00601561500064013 0.00601561500064013
Stock impact report

Isabella Bank Corporation Reports Second Quarter 2024 Results [Yahoo! Finance]

ISABELLA BANK CORP (ISBA) 
NASDAQ:AMEX Investor Relations: ir.isabellabank.com
Company Research Source: Yahoo! Finance
of $3.5 million , or per diluted share, compared to $4.6 million or per diluted share in the same quarter of 2023. SECOND QUARTER 2024 HIGHLIGHTS (compared to second quarter 2023, unless otherwise stated) Total loans grew by an annualized rate of 5% 4.58% earning asset yield, compared to 4.11% 7% increase in wealth management income 0.07% ratio in nonperforming loans to total loans "We are pleased the negative trend in net interest margin over the past several quarters has reversed, and we gained five basis points over the first quarter of 2024," said Isabella Bank Corporation's Chief Executive Officer Jerome Schwind . "The repricing of earning assets and continued loan growth have expanded yields beyond the growth of our cost of funds. "While total commercial loans grew 1% during the quarter," he added, "we have a strong loan pipeline going into the third quarter. Given commercial loan growth prospects and the continued repricing of our book of business, we see a strong Show less Read more
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