Investors Bancorp Company Profile (NASDAQ:ISBC)

About Investors Bancorp (ISBC)

Investors Bancorp logoInvestors Bancorp, Inc. is a holding company for Investors Bank (the Bank). The Bank is a chartered savings bank. The Company is in the business of attracting deposits from the public through its branch network and borrowing funds in the wholesale markets to originate loans and to invest in securities. It originates mortgage loans secured by one-to four-family residential real estate loans, multi-family loans, commercial real estate loans, construction loans, commercial and industrial loans and consumer loans, the majority of which are home equity loans and home equity lines of credit. Securities, primarily United States Government and Federal Agency obligations, mortgage-backed and other securities represented 12.3% of its assets as of December 31, 2012. In December 2013, Investors Bancorp Inc completed its acquisition of Roma Financial Corp, and its subsidiary banks, Roma Bank and RomAsia Bank. In January 2014, Investors Bancorp Inc acquired Gateway Community Financial Corp.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Savings & Loans
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: ISBC
  • CUSIP: 46146P10
Key Metrics:
  • Previous Close: $14.53
  • 50 Day Moving Average: $14.24
  • 200 Day Moving Average: $13.83
  • 52-Week Range: $10.67 - $15.11
  • Trailing P/E Ratio: 22.70
  • Foreward P/E Ratio: 19.37
  • P/E Growth: 1.90
  • Market Cap: $4.31B
  • Outstanding Shares: 296,659,000
  • Beta: 0.65
Profitability:
  • Net Margins: 22.14%
  • Return on Equity: 5.83%
  • Return on Assets: 0.84%
Debt:
  • Debt-to-Equity Ratio: 1.35%
  • Current Ratio: 1.23%
  • Quick Ratio: 1.22%

Analyst Ratings

Consensus Ratings for Investors Bancorp (NASDAQ:ISBC) (?)
Ratings Breakdown: 1 Sell Rating, 1 Hold Rating, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $13.38 (7.95% downside)

Analysts' Ratings History for Investors Bancorp (NASDAQ:ISBC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/3/2017Keefe, Bruyette & WoodsSet Price TargetBuy$16.00LowView Rating Details
12/6/2016Barclays PLCDowngradeOverweight -> Underweight$13.00N/AView Rating Details
8/19/2016Piper Jaffray CompaniesUpgradeNeutral -> Overweight$13.00N/AView Rating Details
5/4/2016Compass PointUpgradeSell -> Neutral$10.50 -> $11.50N/AView Rating Details
4/5/2016Deutsche Bank AGReiterated RatingHold$12.00N/AView Rating Details
10/30/2015Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
8/3/2015Stifel NicolausBoost Price TargetOutperform$13.50 -> $15.00N/AView Rating Details
(Data available from 4/28/2015 forward)

Earnings

Earnings History for Investors Bancorp (NASDAQ:ISBC)
Earnings by Quarter for Investors Bancorp (NASDAQ:ISBC)
Earnings History by Quarter for Investors Bancorp (NASDAQ:ISBC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/2017        
1/26/2017Q416$0.15$0.18$172.61 million$177.21 millionViewN/AView Earnings Details
10/27/2016Q316$0.15$0.15$163.95 million$168.13 millionViewN/AView Earnings Details
7/27/2016Q216$0.14$0.15$165.14 million$168.77 millionViewN/AView Earnings Details
4/28/2016Q116$0.13$0.14$162.17 million$163.27 millionViewN/AView Earnings Details
1/28/2016Q415$0.14$0.14$163.99 million$159.52 millionViewListenView Earnings Details
10/29/2015Q315$0.13$0.14$161.48 million$162.58 millionViewListenView Earnings Details
7/30/2015Q215$0.12$0.14$155.31 million$160.14 millionViewListenView Earnings Details
4/30/2015Q115$0.12$0.12$151.15 million$152.97 millionViewN/AView Earnings Details
1/29/2015Q414$0.11$0.12$150.29 million$150.05 millionViewN/AView Earnings Details
10/30/2014Q314$0.10$0.11$143.82 million$147.72 millionViewN/AView Earnings Details
7/24/2014Q214$0.10$0.10$144.81 million$144.94 millionViewN/AView Earnings Details
4/17/2014Q114$0.24$0.25$135.39 million$141.13 millionViewN/AView Earnings Details
1/30/2014Q4$0.24$0.20ViewN/AView Earnings Details
4/29/2013Q1 2013$0.24$0.25$103.12 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Investors Bancorp (NASDAQ:ISBC)
2017 EPS Consensus Estimate: $0.66
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.15$0.15$0.15
Q2 20171$0.17$0.17$0.17
Q3 20171$0.17$0.17$0.17
Q4 20171$0.17$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Investors Bancorp (NASDAQ:ISBC)
Most Recent Dividend:2/24/2017
Annual Dividend:$0.32
Dividend Yield:2.20%
Payout Ratio:51.61% (Trailing 12 Months of Earnings)
47.76% (Based on This Year's Estimates)
42.67% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Investors Bancorp (NASDAQ:ISBC)

Dividend History by Quarter for Investors Bancorp (NASDAQ:ISBC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017quarterly$0.082.21%2/8/20172/10/20172/24/2017
10/28/2016Quarterly$0.082.61%11/8/201611/10/201611/23/2016
7/28/2016quarterly$0.062.1%8/8/20168/10/20168/25/2016
4/29/2016quarterly$0.062.08%5/6/20165/10/20165/25/2016
2/1/2016quarterly$0.061.72%2/8/20162/10/20162/25/2016
10/29/2015quarterly$0.051.57%11/6/201511/10/201511/25/2015
7/30/2015quarterly$0.051.64%8/6/20158/10/20158/25/2015
4/30/2015quarterly$0.051.67%5/7/20155/11/20155/25/2015
1/29/2015quarterly$0.051.82%2/5/20152/9/20152/24/2015
10/30/2014quarterly$0.041.49%11/6/201411/10/201411/25/2014
7/24/2014quarterly$0.047/31/20148/4/20148/18/2014
4/17/2014quarterly$0.050.76%4/29/20145/1/20145/6/2014
1/30/2014quarterly$0.050.8%2/6/20142/10/20142/25/2014
10/24/2013quarterly$0.050.82%11/6/201311/8/201311/22/2013
7/25/2013quarterly$0.050.89%8/7/20138/9/20138/23/2013
4/29/2013quarterly$0.051.04%5/8/20135/10/20135/24/2013
1/31/2013quarterly$0.051.12%2/7/20132/11/20132/25/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Investors Bancorp (NASDAQ:ISBC)
Insider Ownership Percentage: 3.44%
Institutional Ownership Percentage: 77.82%
Insider Trades by Quarter for Investors Bancorp (NASDAQ:ISBC)
Institutional Ownership by Quarter for Investors Bancorp (NASDAQ:ISBC)
Insider Trades by Quarter for Investors Bancorp (NASDAQ:ISBC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/13/2017Richard SpenglerVPSell60,000$14.54$872,400.00View SEC Filing  
3/2/2017Brian D DittenhaferDirectorSell25,000$14.67$366,750.00View SEC Filing  
12/5/2016James J GaribaldiDirectorSell11,000$13.79$151,690.00View SEC Filing  
12/1/2016James H Ward IIIDirectorBuy3,784$13.59$51,424.56View SEC Filing  
11/30/2016William V CosgroveDirectorSell155,000$13.83$2,143,650.00View SEC Filing  
9/12/2016Paul KalamarasVPSell182,000$11.95$2,174,900.00View SEC Filing  
9/6/2016Domenick A CamaVPSell920,000$12.13$11,159,600.00View SEC Filing  
9/2/2016Kevin CummingsInsiderSell997,499$12.11$12,079,712.89View SEC Filing  
9/1/2016Brian D DittenhaferDirectorSell124,529$12.27$1,527,970.83View SEC Filing  
8/29/2016Doreen R ByrnesDirectorSell20,000$12.01$240,200.00View SEC Filing  
8/25/2016Richard SpenglerVPSell109,999$11.85$1,303,488.15View SEC Filing  
8/22/2016Doreen R ByrnesDirectorSell40,000$11.71$468,400.00View SEC Filing  
5/18/2016Michele N SiekerkaDirectorSell25,407$11.57$293,958.99View SEC Filing  
3/1/2016Brian D DittenhaferDirectorSell128,674$11.61$1,493,905.14View SEC Filing  
2/19/2016Dennis M BoneDirectorBuy5,000$11.45$57,250.00View SEC Filing  
2/11/2016Michele N SiekerkaDirectorBuy2,347$10.85$25,464.95View SEC Filing  
12/9/2015James H. Ward IIIDirectorBuy3,325$12.43$41,329.75View SEC Filing  
11/30/2015Brian D. DittenhaferDirectorSell100,000$12.83$1,283,000.00View SEC Filing  
9/11/2015Paul KalamarasVPSell175,000$12.03$2,105,250.00View SEC Filing  
6/16/2015Robert M CashillDirectorSell300,000$12.58$3,774,000.00View SEC Filing  
6/3/2015Doreen R ByrnesDirectorSell166,250$12.11$2,013,287.50View SEC Filing  
2/18/2015Brian D DittenhaferDirectorSell60,000$11.66$699,600.00View SEC Filing  
12/1/2014Robert C AlbaneseDirectorBuy9,800$10.81$105,938.00View SEC Filing  
11/13/2014Brian D DittenhaferDirectorSell70,000$10.79$755,300.00View SEC Filing  
11/4/2014Doreen R ByrnesDirectorSell140,000$10.68$1,495,200.00View SEC Filing  
8/18/2014Brian D DittenhaferDirectorSell40,000$10.40$416,000.00View SEC Filing  
8/15/2014Richard SpenglerVPSell130,000$10.38$1,349,400.00View SEC Filing  
8/11/2014Doreen R ByrnesDirectorSell140,000$10.36$1,450,400.00View SEC Filing  
8/11/2014Richard SpenglerVPSell270,000$10.36$2,797,200.00View SEC Filing  
6/11/2014James H Ward IIIDirectorBuy1,130$10.82$12,226.60View SEC Filing  
5/7/2014Domenick CamaCOOBuy31,888$10.00$318,880.00View SEC Filing  
5/7/2014Doreen ByrnesDirectorBuy25,000$10.00$250,000.00View SEC Filing  
5/7/2014Kevin CummingsCEOBuy34,359$10.00$343,590.00View SEC Filing  
5/7/2014Richard SpenglerVPBuy15,877$10.00$158,770.00View SEC Filing  
5/7/2014Thomas Splaine, Jr.CFOBuy26,000$10.00$260,000.00View SEC Filing  
1/25/2014Domenick CamaCOOSell5,300$25.36$134,408.00View SEC Filing  
1/25/2014Kevin CummingsCEOSell7,965$25.36$201,992.40View SEC Filing  
1/25/2014Richard SpenglerVPSell2,639$25.36$66,925.04View SEC Filing  
1/25/2014Thomas Splaine, Jr.CFOSell1,403$25.36$35,580.08View SEC Filing  
1/23/2014Kevin CummingsCEOSell8,004$25.48$203,941.92View SEC Filing  
1/23/2014Paul KalamarasVPSell7,475$24.38$182,240.50View SEC Filing  
12/2/2013Brendan DuganDirectorBuy4,200$23.86$100,212.00View SEC Filing  
11/12/2013Brian DittenhaferDirectorSell12,000$23.52$282,240.00View SEC Filing  
11/5/2013Doreen ByrnesDirectorSell25,000$23.65$591,250.00View SEC Filing  
8/8/2013Brian DittenhaferDirectorSell15,000$22.43$336,450.00View SEC Filing  
8/5/2013Doreen ByrnesDirectorSell25,000$22.51$562,750.00View SEC Filing  
6/10/2013Brian D DittenhaferDirectorSell12,000$20.33$243,960.00View SEC Filing  
6/7/2013Stephen J SzabatinDirectorSell20,000$19.89$397,800.00View SEC Filing  
5/24/2013William V CosgroveDirectorSell5,000$20.23$101,150.00View SEC Filing  
3/13/2013James J GaribaldiDirectorBuy1,000$17.96$17,960.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Investors Bancorp (NASDAQ:ISBC)
Latest Headlines for Investors Bancorp (NASDAQ:ISBC)
Source:
DateHeadline
marketbeat.com logoInvestors Bancorp meets 1Q profit forecasts
marketbeat.com - April 27 at 7:45 PM
zacks.com logoBank Stocks' Earnings to Watch on Apr 27: ISBC, GWB & More
www.zacks.com - April 27 at 6:33 PM
finance.yahoo.com logoInvestors Bancorp, Inc. Announces First Quarter Financial Results and Cash Dividend
finance.yahoo.com - April 27 at 6:33 PM
americanbankingnews.com logoFavorable Press Coverage Somewhat Unlikely to Impact Investors Bancorp (ISBC) Share Price
www.americanbankingnews.com - April 25 at 11:45 AM
finance.yahoo.com logoInvestors Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : ISBC-US : April 24, 2017
finance.yahoo.com - April 24 at 9:58 AM
americanbankingnews.com logoInvestors Bancorp, Inc. (ISBC) Expected to Announce Earnings of $0.16 Per Share
www.americanbankingnews.com - April 21 at 10:48 PM
americanbankingnews.com logoNegative Press Coverage Very Likely to Affect Investors Bancorp (ISBC) Stock Price
www.americanbankingnews.com - April 19 at 12:11 PM
americanbankingnews.com logoInvestors Bancorp, Inc. (ISBC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - April 8 at 3:34 PM
americanbankingnews.com logoInvestors Bancorp, Inc. (ISBC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 6 at 4:45 PM
americanbankingnews.com logoInvestors Bancorp, Inc. (ISBC) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 5 at 7:37 AM
prnewswire.com logoInvestors Bancorp, Inc. Announces Date for First Quarter Earnings Conference Call - PR Newswire (press release)
www.prnewswire.com - April 4 at 3:32 AM
finance.yahoo.com logoInvestors Bancorp, Inc. Announces Date for First Quarter Earnings Conference Call
finance.yahoo.com - April 3 at 10:30 PM
americanbankingnews.com logoInvestors Bancorp, Inc. (ISBC) PT Set at $16.00 by Keefe, Bruyette & Woods
www.americanbankingnews.com - April 3 at 6:22 PM
nasdaq.com logoInvestors Bancorp Reaches Analyst Target Price
www.nasdaq.com - March 31 at 6:00 PM
streetinsider.com logoInvestors Bancorp (ISBC) Elect Peter Carlin as New Board Member - StreetInsider.com
www.streetinsider.com - March 29 at 6:32 PM
biz.yahoo.com logoINVESTORS BANCORP, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Change in Directors or Princi
biz.yahoo.com - March 29 at 10:30 AM
streetinsider.com logoInvestors Bancorp (ISBC) Elect Peter Carlin as New Board Member
www.streetinsider.com - March 28 at 10:37 PM
finance.yahoo.com logoInvestors Bancorp announces election of new director
finance.yahoo.com - March 28 at 5:35 PM
nasdaq.com logoRelative Strength Alert For Investors Bancorp
www.nasdaq.com - March 22 at 6:12 PM
prnewswire.com logoResearch Reports Initiation on Savings and Loans Stocks -- Investors Bancorp ...
www.prnewswire.com - March 16 at 6:48 PM
capitalcube.com logoInvestors Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : ISBC-US : March 16, 2017
us.rd.yahoo.com - March 16 at 6:48 PM
americanbankingnews.com logoInvestors Bancorp, Inc. (ISBC) VP Richard Spengler Sells 60,000 Shares
www.americanbankingnews.com - March 13 at 7:31 PM
finance.yahoo.com logoINVESTORS BANCORP, INC. Financials
finance.yahoo.com - March 8 at 6:44 PM
americanbankingnews.com logoZacks Investment Research Upgrades Investors Bancorp, Inc. (ISBC) to Buy
www.americanbankingnews.com - March 8 at 1:31 AM
biz.yahoo.com logoINVESTORS BANCORP, INC. Files SEC form 10-K, Annual Report
biz.yahoo.com - March 1 at 5:39 PM
nasdaq.com logoFirst Week of April 21st Options Trading For Investors Bancorp
www.nasdaq.com - February 23 at 5:58 PM
seekingalpha.com logoInvestors Bancorp's (ISBC) CEO Kevin Cummings on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - January 28 at 1:01 AM
finance.yahoo.com logoEdited Transcript of ISBC earnings conference call or presentation 27-Jan-17 4:00pm GMT
finance.yahoo.com - January 28 at 1:01 AM
biz.yahoo.com logoINVESTORS BANCORP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E
biz.yahoo.com - January 27 at 8:01 PM
biz.yahoo.com logoQ1 2017 Investors Bancorp Inc Earnings Release - After Market Close
us.rd.yahoo.com - January 27 at 5:44 AM
finance.yahoo.com logoInvestors Bancorp, Inc. Announces Fourth Quarter Financial Results and Cash Dividend - Yahoo Finance
finance.yahoo.com - January 26 at 7:42 PM
us.rd.yahoo.com logo5:01 pm Investors Bancorp and The Bank of Princeton agree to terminate merger agreement
us.rd.yahoo.com - January 25 at 4:46 AM
prnewswire.com logoInvestors Bancorp and The Bank of Princeton Agree to Terminate Merger Agreement - PR Newswire (press release)
www.prnewswire.com - January 24 at 11:45 PM
finance.yahoo.com logoInvestors Bancorp and The Bank of Princeton Agree to Terminate Merger Agreement
finance.yahoo.com - January 24 at 6:43 PM
biz.yahoo.com logoINVESTORS BANCORP, INC. Files SEC form 8-K, Termination of a Material Definitive Agreement
biz.yahoo.com - January 24 at 6:43 PM

Social

Frequently Asked Questions for Investors Bancorp (NASDAQ:ISBC)

What is Investors Bancorp's stock symbol?

Investors Bancorp trades on the NASDAQ under the ticker symbol "ISBC."

How often does Investors Bancorp pay dividends? What is the dividend yield for Investors Bancorp?

Investors Bancorp announced a quarterly dividend on Friday, January 27th. Stockholders of record on Friday, February 10th will be given a dividend of $0.08 per share on Friday, February 24th. This represents a $0.32 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Wednesday, February 8th.

How were Investors Bancorp's earnings last quarter?

Investors Bancorp, Inc. (NASDAQ:ISBC) released its quarterly earnings results on Wednesday, July, 27th. The company reported $0.15 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.01. The business earned $168.77 million during the quarter, compared to analysts' expectations of $165.14 million. Investors Bancorp had a return on equity of 5.83% and a net margin of 22.14%. During the same period last year, the business posted $0.14 EPS.

When will Investors Bancorp make its next earnings announcement?

Investors Bancorp is scheduled to release their next quarterly earnings announcement on Monday, April, 24th 2017.

Where is Investors Bancorp's stock going? Where will Investors Bancorp's stock price be in 2017?

4 equities research analysts have issued 1 year price objectives for Investors Bancorp's stock. Their predictions range from $11.50 to $16.00. On average, they expect Investors Bancorp's stock price to reach $13.38 in the next twelve months.

Who owns Investors Bancorp stock?

Investors Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BLUE HARBOUR GROUP, L.P. (9.50%), Nationwide Fund Advisors (0.11%), Bank of Montreal Can (0.10%), Creative Planning (0.10%), NBW Capital LLC (0.08%) and Strs Ohio (0.04%). Company insiders that own Investors Bancorp stock include Brian D Dittenhafer, Dennis M Bone, Domenick A Cama, Doreen R Byrnes, James H Ward III, James J Garibaldi, Kevin Cummings, Michele N Siekerka, Paul Kalamaras, Richard Spengler, Robert M Cashill and William V Cosgrove.

Who sold Investors Bancorp stock? Who is selling Investors Bancorp stock?

Investors Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Moody Aldrich Partners LLC, Decatur Capital Management Inc., Boston Advisors LLC, Nationwide Fund Advisors, State of Alaska Department of Revenue, ProShare Advisors LLC, Bank of Montreal Can and Strs Ohio. Company insiders that have sold Investors Bancorp stock in the last year include Brian D Dittenhafer, Domenick A Cama, Doreen R Byrnes, James J Garibaldi, Kevin Cummings, Michele N Siekerka, Paul Kalamaras, Richard Spengler and William V Cosgrove.

Who bought Investors Bancorp stock? Who is buying Investors Bancorp stock?

Investors Bancorp's stock was purchased by a variety of institutional investors in the last quarter, including Quantitative Systematic Strategies LLC, NBW Capital LLC, Parametrica Management Ltd and Creative Planning. Company insiders that have bought Investors Bancorp stock in the last two years include Dennis M Bone, James H Ward III and Michele N Siekerka.

How do I buy Investors Bancorp stock?

Shares of Investors Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Investors Bancorp stock cost?

One share of Investors Bancorp stock can currently be purchased for approximately $14.53.

Investors Bancorp (ISBC) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by MarketBeat.com Staff