Investors Bancorp, Inc. operates as the holding company for Investors Bank that provides various banking products and services to individuals and businesses in the United States. Its deposit products include savings, checking, and money market accounts, as well as certificates of deposit. The company's loan portfolio comprises multi-family, commercial real estate, commercial and industrial, and construction loans; consumer and other loans primarily consisting of home equity loans, home equity lines of credit, and cash surrender value lending on life insurance contracts; and one-to four-family residential mortgage loans secured by one-to four-family residential real estate. As of December 31, 2017, it operated through a network of 156 offices in New Jersey and New York. The company was founded in 1926 and is headquartered in Short Hills, New Jersey.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:ISBC
CUSIP46146P10
Phone973-924-5100
Debt
Debt-to-Equity Ratio1.73
Current Ratio1.24
Quick Ratio1.24
Price-To-Earnings
Trailing P/E Ratio21.60
Forward P/E Ratio17.39
P/E Growth1.44
Sales & Book Value
Annual Sales$917.32 million
Price / Sales4.40
Cash Flow$0.6906 per share
Price / Cash19.39
Book Value$10.21 per share
Price / Book1.31
Profitability
EPS (Most Recent Fiscal Year)$0.62
Net Income$126.74 million
Net Margins14.78%
Return on Equity6.12%
Return on Assets0.77%
Miscellaneous
Employees1,959
Outstanding Shares301,590,000
Investors Bank (NASDAQ:ISBC) Frequently Asked Questions
What is Investors Bank's stock symbol?
Investors Bank trades on the NASDAQ under the ticker symbol "ISBC."
How often does Investors Bank pay dividends? What is the dividend yield for Investors Bank?
Investors Bank announced a quarterly dividend on Thursday, April 26th. Shareholders of record on Thursday, May 10th will be paid a dividend of $0.09 per share on Friday, May 25th. This represents a $0.36 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date is Wednesday, May 9th. View Investors Bank's Dividend History.
How were Investors Bank's earnings last quarter?
Investors Bank (NASDAQ:ISBC) posted its quarterly earnings data on Thursday, April, 26th. The savings and loans company reported $0.20 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.02. The savings and loans company had revenue of $181.59 million for the quarter, compared to the consensus estimate of $183.58 million. Investors Bank had a net margin of 14.78% and a return on equity of 6.12%. View Investors Bank's Earnings History.
What price target have analysts set for ISBC?
6 analysts have issued 12 month price objectives for Investors Bank's shares. Their forecasts range from $14.00 to $16.00. On average, they expect Investors Bank's share price to reach $15.4167 in the next year. View Analyst Ratings for Investors Bank.
Who are some of Investors Bank's key competitors?
Some companies that are related to Investors Bank include East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Bank Of The Ozarks (OZRK), Wintrust Financial (WTFC), First Citizens BancShares Inc. Class A (FCNCA), Prosperity Bancshares (PB), Associated Banc (ASB), Popular (BPOP), Texas Capital Bancshares (TCBI), Iberiabank (IBKC), Hancock (HBHC), First Hawaiian Bank (FHB) and Chemical Financial (CHFC).
Who are Investors Bank's key executives?
Investors Bank's management team includes the folowing people:
- Mr. Kevin Cummings, Pres, CEO & Director (Age 63)
- Mr. P. Sean Burke, Sr. VP, CFO & Principal Accounting Officer (Age 46)
- Mr. Domenick A. Cama, Sr. EVP, COO & Director (Age 62)
- Mr. Paul Kalamaras, Chief Retail Banking Officer and EVP (Age 59)
- Mr. Richard S. Spengler, Chief Lending Officer, EVP, Chief Lending Officer of Investors Bank and EVP of Investors Bank (Age 56)
Has Investors Bank been receiving favorable news coverage?
News articles about ISBC stock have trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Investors Bank earned a media sentiment score of 0.19 on Accern's scale. They also assigned news headlines about the savings and loans company an impact score of 46.59 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are Investors Bank's major shareholders?
Investors Bank's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.89%), Scopia Capital Management LP (4.21%), Dimensional Fund Advisors LP (2.70%), Northern Trust Corp (1.56%), Vaughan Nelson Investment Management L.P. (0.93%) and Thompson Siegel & Walmsley LLC (0.83%). Company insiders that own Investors Bank 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, P Sean Burke, Paul Kalamaras, Richard Spengler, Robert C Albanese, Robert M Cashill and William V Cosgrove. View Institutional Ownership Trends for Investors Bank.
Which major investors are selling Investors Bank stock?
ISBC stock was sold by a variety of institutional investors in the last quarter, including Rothschild Asset Management Inc., Sei Investments Co., Hsbc Holdings PLC, Comerica Bank, Vaughan Nelson Investment Management L.P., Mcrae Capital Management Inc., Banbury Partners LLC and Cubist Systematic Strategies LLC. Company insiders that have sold Investors Bank company stock in the last year include Brian D Dittenhafer, Dennis M Bone, Michele N Siekerka, P Sean Burke, Robert C Albanese, Robert M Cashill and William V Cosgrove. View Insider Buying and Selling for Investors Bank.
Which major investors are buying Investors Bank stock?
ISBC stock was acquired by a variety of institutional investors in the last quarter, including Citigroup Inc., Seizert Capital Partners LLC, Algebris UK Ltd, BNP Paribas Arbitrage SA, Russell Investments Group Ltd., Wells Fargo & Company MN, Thompson Siegel & Walmsley LLC and Maltese Capital Management LLC. View Insider Buying and Selling for Investors Bank.
How do I buy shares of Investors Bank?
Shares of ISBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Investors Bank's stock price today?
One share of ISBC stock can currently be purchased for approximately $13.39.
How big of a company is Investors Bank?
Investors Bank has a market capitalization of $4.01 billion and generates $917.32 million in revenue each year. The savings and loans company earns $126.74 million in net income (profit) each year or $0.62 on an earnings per share basis. Investors Bank employs 1,959 workers across the globe.
How can I contact Investors Bank?
Investors Bank's mailing address is 101 JFK PARKWAY, SHORT HILLS NJ, 07078. The savings and loans company can be reached via phone at 973-924-5100 or via email at [email protected]
MarketBeat Community Rating for Investors Bank (ISBC)
MarketBeat's community ratings are surveys of what our community members think about Investors Bank and other stocks. Vote "Outperform" if you believe ISBC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ISBC will underperform the S&P 500 over the long term. You may vote once every thirty days.
