Earnings ·
Isabella Bank reports $0.86 Q3 EPS on record net income of $6.6M
ISBAIsabella Bank Corp
Isabella Bank Corporation reported record third-quarter 2026 earnings with net income of $6.6 million, or $0.86 per diluted share, compared to $5.2 million, or $0.71 per diluted share, in the prior-year period. Net interest margin expanded to 3.71% from 3.15%, driven by higher loan yields and lower funding costs. The quarter included after-tax merger-related expenses of $657,000 related to the proposed acquisition of Grand River Commerce, Inc., which received all regulatory and shareholder approvals and is expected to close on November 2, 2026. Total assets grew 1.4% to $2.2 billion, while total deposits increased 4.0% to $1.9 billion. Isabella Bank Corporation operates as a community bank holding company in Michigan.