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Last $12.36 USD
Change Today +0.005 / 0.04%
Volume 1.6M
As of 3:49 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

investors bancorp inc (ISBC) Snapshot

Open
$12.38
Previous Close
$12.35
Day High
$12.50
Day Low
$12.33
52 Week High
06/11/15 - $12.72
52 Week Low
10/16/14 - $9.76
Market Cap
4.3B
Average Volume 10 Days
2.7M
EPS TTM
$0.49
Shares Outstanding
348.8M
EX-Date
08/6/15
P/E TM
25.4x
Dividend
$0.20
Dividend Yield
1.85%
Current Stock Chart for INVESTORS BANCORP INC (ISBC)

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investors bancorp inc (ISBC) Related Businessweek News

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investors bancorp inc (ISBC) Details

Investors Bancorp, Inc. operates as the holding company for Investors Bank that provides various banking products and services for businesses and individuals in the United States. It offers deposit products, such as savings, checking, and money market accounts, as well as certificates of deposit. The company’s loan portfolio includes commercial real estate, construction, and commercial and industrial loans; consumer loans primarily comprising home equity loans and home equity lines of credit; multi-family loans; and mortgage loans secured by one-to four-family residential real estate. As of March 16, 2015, the company operated 131 offices located in New Jersey and New York. The company was founded in 1926 and is headquartered in Short Hills, New Jersey. Investors Bancorp, Inc. is a subsidiary of Investors Bancorp, MHC.

1,816 Employees
Last Reported Date: 07/30/15
Founded in 1926

investors bancorp inc (ISBC) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $1.0M
Chief Operating Officer, Senior Executive Vic...
Total Annual Compensation: $675.0K
Chief Lending Officer, Executive Vice Preside...
Total Annual Compensation: $430.0K
Chief Retail Banking Officer, Executive Vice ...
Total Annual Compensation: $415.0K
Senior Vice President of Financial Planning &...
Total Annual Compensation: $352.5K
Compensation as of Fiscal Year 2014.

investors bancorp inc (ISBC) Key Developments

Investors Bancorp Inc. Declares Cash Dividend, Payable on May 25, 2015; Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Net Charge-Offs for the First Quarter Ended March 31, 2015

Investors Bancorp Inc. announced that the Board of Directors declared a cash dividend of $0.05 per share to stockholders of record as of May 11, 2015, payable on May 25, 2015. The company reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the period, the company’s total interest and dividend income was $175,159,000 against $158,625,000 a year ago. This increase is attributed to the average balance of interest-earning assets increasing $2.80 billion or 18.3%, to $18.16 billion for the three months ended March 31, 2015 from $15.36 billion for the three months ended March 31, 2014 as a result of organic growth primarily funded by the $2.15 billion capital raise completed in May 2014. This was partially offset by the weighted average yield on interest-earning assets decreasing 27 basis points to 3.86% for the three months ended March 31, 2015 compared to 4.13% for the three months ended March 31, 2014. Net interest income after provision for loan losses was $135,441,000 against $120,190,000 a year ago. The increase was primarily due to the average balance of interest earning assets increasing $2.80 billion, or 18.3%, to $18.16 billion at March 31, 2015 compared to $15.36 billion at March 31, 2014. This was partially offset by the average balance of the company's interest bearing liabilities increasing $385.6 million to $13.83 billion at March 31, 2015 compared to $13.44 billion at March 31, 2014, as well as the yield on the company's interest-earning assets decreasing 27 basis points to 3.86% for the three months ended March 31, 2015 from 4.13% for the three months ended March 31, 2014. Income before income tax expense was $67,066,000 against $54,934,000 a year ago. Net income was $41,947,000 against $34,418,000 a year ago. Basic and diluted earnings per share were $0.12 against $0.10 a year ago. Return on average assets was 0.89% against 0.85% a year ago. Return on average equity was 4.65% against 9.98% a year ago. Book value per common share as on March 31, 2015 was $10.41 against $10.39 at March 31, 2014. Tangible book value per common share as on March 31, 2015 was $10.10 against $10.08 at March 31, 2014. For the quarter, net charge-offs were $1.1 million compared to $2.2 million for the three months ended March 31, 2014.

Investors Bancorp Inc. to Report Q1, 2015 Results on Apr 30, 2015

Investors Bancorp Inc. announced that they will report Q1, 2015 results at 5:00 PM, US Eastern Standard Time on Apr 30, 2015

Investors Bancorp Inc., Q1 2015 Earnings Call, May 01, 2015

Investors Bancorp Inc., Q1 2015 Earnings Call, May 01, 2015

 

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ISBC Competitors

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BankUnited Inc $36.35 USD +0.10
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Cullen/Frost Bankers Inc $71.97 USD -0.22
PacWest Bancorp $46.24 USD -0.11
Synovus Financial Corp $31.90 USD +0.335
View Industry Companies
 

Industry Analysis

ISBC

Industry Average

Valuation ISBC Industry Range
Price/Earnings 24.6x
Price/Sales 7.1x
Price/Book 1.2x
Price/Cash Flow 25.6x
TEV/Sales 1.2x
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