Isabella Bank Corporation (ISBA) - Net Assets
Based on the latest financial reports, Isabella Bank Corporation (ISBA) has net assets worth $233.96 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.25 Billion) and total liabilities ($2.02 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how large is Isabella Bank Corporation's balance sheet for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $233.96 Million |
| % of Total Assets | 10.39% |
| Annual Growth Rate | 7.59% |
| 5-Year Change | 9.64% |
| 10-Year Change | 23.15% |
| Growth Volatility | 9.88 |
Isabella Bank Corporation - Net Assets Trend (1995–2025)
This chart illustrates how Isabella Bank Corporation's net assets have evolved over time, based on quarterly financial data. Check Isabella Bank Corporation tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Isabella Bank Corporation (1995–2025)
The table below shows the annual net assets of Isabella Bank Corporation from 1995 to 2025. For live valuation and market cap data, see ISBA company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $231.40 Million | +10.04% |
| 2024-12-31 | $210.28 Million | +3.89% |
| 2023-12-31 | $202.40 Million | +8.70% |
| 2022-12-31 | $186.21 Million | -11.77% |
| 2021-12-31 | $211.05 Million | -3.45% |
| 2020-12-31 | $218.59 Million | +4.00% |
| 2019-12-31 | $210.18 Million | +7.50% |
| 2018-12-31 | $195.52 Million | +0.32% |
| 2017-12-31 | $194.91 Million | +3.73% |
| 2016-12-31 | $187.90 Million | +2.14% |
| 2015-12-31 | $183.97 Million | +5.37% |
| 2014-12-31 | $174.59 Million | +8.71% |
| 2013-12-31 | $160.61 Million | -2.36% |
| 2012-12-31 | $164.49 Million | +6.27% |
| 2011-12-31 | $154.78 Million | +6.63% |
| 2010-12-31 | $145.16 Million | +3.10% |
| 2009-12-31 | $140.80 Million | +4.70% |
| 2008-12-31 | $134.48 Million | +9.26% |
| 2007-12-31 | $123.08 Million | +6.33% |
| 2006-12-31 | $115.75 Million | +43.07% |
| 2005-12-31 | $80.90 Million | +11.44% |
| 2004-12-31 | $72.59 Million | +5.31% |
| 2003-12-31 | $68.94 Million | +8.63% |
| 2002-12-31 | $63.46 Million | +11.67% |
| 2001-12-31 | $56.83 Million | +9.43% |
| 2000-12-31 | $51.93 Million | +10.24% |
| 1999-12-31 | $47.11 Million | +36.45% |
| 1998-12-31 | $34.52 Million | +11.52% |
| 1997-12-31 | $30.96 Million | +10.57% |
| 1996-12-31 | $28.00 Million | +8.50% |
| 1995-12-31 | $25.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Isabella Bank Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 948.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $113.85 Million | 49.20% |
| Common Stock | $123.20 Million | 53.24% |
| Other Comprehensive Income | $-8.02 Million | -3.47% |
| Other Components | $2.37 Million | 1.02% |
| Total Equity | $231.40 Million | 100.00% |
Isabella Bank Corporation Competitors by Market Cap
The table below lists competitors of Isabella Bank Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Transcontinental Inc
TO:TCL-A
|
$286.29 Million |
|
Shenzhen Capol International & Associates Co Ltd
SHE:002949
|
$286.30 Million |
|
India Nippon Electricals Limited
NSE:INDNIPPON
|
$286.33 Million |
|
Seah Steel Corp
KO:003030
|
$286.41 Million |
|
BlackRock Municipal Income Quality Closed Fund
NYSE:BYM
|
$286.23 Million |
|
T3EX Global Holdings Corp
TW:2636
|
$286.09 Million |
|
Ainsworth Game Technology Ltd
AU:AGI
|
$285.96 Million |
|
Intellian Technologies Inc
KQ:189300
|
$285.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Isabella Bank Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 210,276,000 to 231,396,000, a change of 21,120,000 (10.0%).
- Net income of 18,910,000 contributed positively to equity growth.
- Dividend payments of 8,085,000 reduced retained earnings.
- Share repurchases of 4,709,000 reduced equity.
- New share issuances of 1,331,000 increased equity.
- Other comprehensive income increased equity by 13,332,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.91 Million | +8.17% |
| Dividends Paid | $8.09 Million | -3.49% |
| Share Repurchases | $4.71 Million | -2.04% |
| Share Issuances | $1.33 Million | +0.58% |
| Other Comprehensive Income | $13.33 Million | +5.76% |
| Other Changes | $341.00K | +0.15% |
| Total Change | $- | 10.04% |
Book Value vs Market Value Analysis
This analysis compares Isabella Bank Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.19x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $7.65 | $39.71 | x |
| 1996-12-31 | $7.44 | $39.71 | x |
| 1997-12-31 | $8.14 | $39.71 | x |
| 1998-12-31 | $8.91 | $39.71 | x |
| 1999-12-31 | $9.31 | $39.71 | x |
| 2000-12-31 | $9.20 | $39.71 | x |
| 2001-12-31 | $9.99 | $39.71 | x |
| 2002-12-31 | $10.05 | $39.71 | x |
| 2003-12-31 | $11.86 | $39.71 | x |
| 2004-12-31 | $11.20 | $39.71 | x |
| 2005-12-31 | $12.37 | $39.71 | x |
| 2006-12-31 | $16.23 | $39.71 | x |
| 2007-12-31 | $17.16 | $39.71 | x |
| 2008-12-31 | $17.52 | $39.71 | x |
| 2009-12-31 | $18.29 | $39.71 | x |
| 2010-12-31 | $18.78 | $39.71 | x |
| 2011-12-31 | $19.93 | $39.71 | x |
| 2012-12-31 | $21.09 | $39.71 | x |
| 2013-12-31 | $20.43 | $39.71 | x |
| 2014-12-31 | $22.08 | $39.71 | x |
| 2015-12-31 | $23.13 | $39.71 | x |
| 2016-12-31 | $23.49 | $39.71 | x |
| 2017-12-31 | $24.26 | $39.71 | x |
| 2018-12-31 | $24.22 | $39.71 | x |
| 2019-12-31 | $25.96 | $39.71 | x |
| 2020-12-31 | $26.97 | $39.71 | x |
| 2021-12-31 | $26.49 | $39.71 | x |
| 2022-12-31 | $24.35 | $39.71 | x |
| 2023-12-31 | $26.72 | $39.71 | x |
| 2024-12-31 | $28.10 | $39.71 | x |
| 2025-12-31 | $31.35 | $39.71 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Isabella Bank Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.88%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 9.55x
- Recent ROE (8.17%) is below the historical average (8.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 11.46% | 25.85% | 0.04x | 10.91x | $377.56K |
| 1996 | 11.93% | 26.41% | 0.04x | 10.67x | $539.96K |
| 1997 | 11.66% | 27.72% | 0.04x | 10.30x | $513.20K |
| 1998 | 10.53% | 23.07% | 0.04x | 11.26x | $181.70K |
| 1999 | 11.13% | 24.83% | 0.04x | 10.69x | $533.30K |
| 2000 | 10.46% | 23.24% | 0.04x | 10.42x | $238.00K |
| 2001 | 10.67% | 23.13% | 0.04x | 10.42x | $383.20K |
| 2002 | 10.91% | 28.40% | 0.04x | 10.29x | $579.30K |
| 2003 | 10.45% | 29.23% | 0.04x | 9.63x | $311.40K |
| 2004 | 9.15% | 34.33% | 0.03x | 9.34x | $-614.40K |
| 2005 | 8.38% | 30.49% | 0.03x | 9.17x | $-1.31 Million |
| 2006 | 6.05% | 23.72% | 0.03x | 7.86x | $-4.57 Million |
| 2007 | 6.44% | 12.40% | 0.07x | 7.78x | $-4.38 Million |
| 2008 | 3.05% | 5.93% | 0.06x | 8.47x | $-9.35 Million |
| 2009 | 5.54% | 11.43% | 0.06x | 8.12x | $-6.28 Million |
| 2010 | 6.23% | 13.60% | 0.05x | 8.44x | $-5.47 Million |
| 2011 | 6.60% | 15.48% | 0.05x | 8.64x | $-5.27 Million |
| 2012 | 7.42% | 18.15% | 0.05x | 8.70x | $-4.24 Million |
| 2013 | 7.79% | 20.84% | 0.04x | 9.30x | $-3.55 Million |
| 2014 | 7.86% | 22.86% | 0.04x | 8.88x | $-3.74 Million |
| 2015 | 8.22% | 25.09% | 0.04x | 9.07x | $-3.27 Million |
| 2016 | 7.34% | 22.20% | 0.04x | 9.22x | $-4.99 Million |
| 2017 | 6.79% | 19.65% | 0.04x | 9.30x | $-6.25 Million |
| 2018 | 7.17% | 19.33% | 0.04x | 9.40x | $-5.53 Million |
| 2019 | 6.20% | 17.06% | 0.04x | 8.63x | $-7.99 Million |
| 2020 | 4.98% | 14.37% | 0.04x | 8.95x | $-10.97 Million |
| 2021 | 9.24% | 27.36% | 0.04x | 9.63x | $-1.61 Million |
| 2022 | 11.94% | 29.05% | 0.04x | 10.90x | $3.62 Million |
| 2023 | 8.98% | 20.02% | 0.04x | 10.17x | $-2.07 Million |
| 2024 | 6.61% | 13.66% | 0.05x | 9.92x | $-7.14 Million |
| 2025 | 8.17% | 16.88% | 0.05x | 9.55x | $-4.23 Million |
Industry Comparison
This section compares Isabella Bank Corporation's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $2,529,438,500
- Average return on equity (ROE) among peers: 7.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Isabella Bank Corporation (ISBA) | $233.96 Million | 11.46% | 8.63x | $286.27 Million |
| Ameris Bancorp (ABCB) | $279.02 Million | 5.17% | 9.82x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $19.89 Billion | 1.32% | 0.03x | $5.85 Billion |
| ACNB Corporation (ACNB) | $106.80 Million | 8.72% | 8.79x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $43.92 Million | 3.67% | 4.15x | $137.20 Million |
| Alerus Financial Corp (ALRS) | $141.28 Million | 11.51% | 8.36x | $775.72 Million |
| Amalgamated Bank (AMAL) | $707.65 Million | 15.04% | 10.67x | $1.27 Billion |
| Amerant Bancorp Inc. (AMTB) | $704.74 Million | 3.35% | 10.97x | $979.96 Million |
| Arrow Financial Corporation (AROW) | $213.97 Million | 11.53% | 10.43x | $658.52 Million |
| Associated Banc-Corp (ASB) | $3.09 Billion | 6.48% | 8.43x | $5.45 Billion |
| AmeriServ Financial Inc (ASRV) | $116.55 Million | 6.07% | 10.46x | $62.43 Million |
About Isabella Bank Corporation
Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides banking and wealth management services to businesses, institutions, and individuals and their families in Michigan, the United States. The company offers deposit products, including checking and savings accounts; and certificates of deposit, direct deposits, and cash management services. Its loan portfo… Read more