On January 20, 2026, Neil Michael McDonnell, the President of Isabella Bank Corp (OTC: ISBA), completed a purchase of 302.5414 shares of the company's common stock. The acquisition, detailed in a Form 4 filing submitted to the U.S. Securities and Exchange Commission, was executed at $49.58 per share, totaling approximately $15,000 in investment. This recent buying activity is notable given the bank's robust market performance, with ISBA stock appreciating by 107% over the last twelve months and currently trading marginally below its InvestingPro Fair Value at $50.34.
Following this purchase, McDonnell's direct ownership in Isabella Bank stands at 9,870.2812 shares, complemented by indirect ownership of 42 shares held through an immediate family member. The transaction was financed using director fees under the Isabella Bank Corporation and Related Companies Deferred Compensation Plan for Directors, signifying a structured approach to insider investing.
Isabella Bank, which has a market capitalization of approximately $378 million, boasts a consistent dividend payment streak extending eighteen years, offering shareholders a dividend yield of 2.17%. The company's valuation metrics reveal a price-to-earnings (P/E) ratio of 16.4 alongside an advantageous price-to-earnings-growth (PEG) ratio of 0.6, indicating the stock is trading at a relatively low multiple compared to its earnings growth potential, as identified by InvestingPro analytics.
In related corporate developments, Isabella Bank Corporation has welcomed Gerald J. Ritzert as its new Chief Financial Officer, effective immediately. Ritzert brings a wealth of expertise accumulated over more than 30 years in accounting and finance within the banking sector. His professional background includes a profound command of asset-liability management, capital planning, investment portfolio optimization, and strategic financial reporting – competencies that are poised to support Isabella Bank’s financial leadership and strategic initiatives moving forward.