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
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:ISBC
Previous Symbol
CUSIP46146P10
Phone973-924-5100
Debt
Debt-to-Equity Ratio1.60
Current Ratio1.21
Quick Ratio1.23
Price-To-Earnings
Trailing P/E Ratio19.79
Forward P/E Ratio15.94
P/E Growth1.29
Sales & Book Value
Annual Sales$917.32 million
Price / Sales4.80
Cash Flow$0.7076 per share
Price / Cash17.34
Book Value$8.45 per share
Price / Book1.45
Profitability
EPS (Most Recent Fiscal Year)$0.62
Net Income$126.74 million
Net Margins16.73%
Return on Equity7.05%
Return on Assets0.86%
Miscellaneous
Employees1,959
Outstanding Shares359,070,000
Market Cap$4.27 billion
OptionableOptionable
Investors Bancorp (NASDAQ:ISBC) Frequently Asked Questions
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 declared a quarterly dividend on Thursday, October 25th. Stockholders of record on Friday, November 9th will be given a dividend of $0.11 per share on Friday, November 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date is Thursday, November 8th. This is an increase from Investors Bancorp's previous quarterly dividend of $0.09. View Investors Bancorp's Dividend History.
How were Investors Bancorp's earnings last quarter?
Investors Bancorp Inc (NASDAQ:ISBC) announced its earnings results on Thursday, October, 25th. The savings and loans company reported $0.19 EPS for the quarter, hitting analysts' consensus estimates of $0.19. The savings and loans company earned $177.21 million during the quarter, compared to the consensus estimate of $181.19 million. Investors Bancorp had a net margin of 16.73% and a return on equity of 7.05%. View Investors Bancorp's Earnings History.
When is Investors Bancorp's next earnings date?
What price target have analysts set for ISBC?
6 brokers have issued 1-year price objectives for Investors Bancorp's stock. Their predictions range from $14.00 to $15.50. On average, they expect Investors Bancorp's stock price to reach $14.9167 in the next year. This suggests a possible upside of 21.6% from the stock's current price. View Analyst Price Targets for Investors Bancorp.
What is the consensus analysts' recommendation for Investors Bancorp?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Investors Bancorp in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Investors Bancorp.
Has Investors Bancorp been receiving favorable news coverage?
Headlines about ISBC stock have been trending somewhat positive this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Investors Bancorp earned a media sentiment score of 1.2 on InfoTrie's scale. They also gave press coverage about the savings and loans company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near term.
Who are some of Investors Bancorp's key competitors?
Some companies that are related to Investors Bancorp include Citizens Financial Group (CFG), SVB Financial Group (SIVB), East West Bancorp (EWBC), Commerce Bancshares (CBSH), Signature Bank (SBNY), Popular (BPOP), First Citizens BancShares (FCNCA), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), Wintrust Financial (WTFC), First Financial Bankshares (FFIN), IBERIABANK (IBKC), Associated Banc (ASB), Glacier Bancorp (GBCI) and United Bankshares (UBSI).
Who are Investors Bancorp's key executives?
Investors Bancorp's management team includes the folowing people:
- Mr. Kevin Cummings, Chairman & CEO (Age 63)
- Mr. Domenick A. Cama, Pres, COO & Director (Age 62)
- Mr. P. Sean Burke, Sr. VP, CFO, Principal Accounting Officer, CFO of Investors Bank & Sr. VP of Investors Bank (Age 46)
- Mr. Paul Kalamaras, Chief Retail Banking Officer, EVP, Chief Retail Banking Officer & EVP of Investors Bank (Age 59)
- Mr. Richard S. Spengler, Chief Lending Officer, EVP, Chief Lending Officer of Investors Bank and EVP of Investors Bank (Age 56)
Who are Investors Bancorp's major shareholders?
Investors Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include Fuller & Thaler Asset Management Inc. (5.97%), BlackRock Inc. (5.13%), Scopia Capital Management LP (3.95%), Dimensional Fund Advisors LP (2.37%), FMR LLC (1.27%) and Janus Henderson Group PLC (1.18%). Company insiders that own Investors Bancorp stock include Brian D Dittenhafer, Dennis M Bone, Doreen R Byrnes, James H Ward III, James J Garibaldi, Michele N Siekerka, P Sean Burke, Paul Kalamaras, Peter Carlin, Richard Spengler, Robert C Albanese, Robert M Cashill and William V Cosgrove. View Institutional Ownership Trends for Investors Bancorp.
Which institutional investors are selling Investors Bancorp stock?
ISBC stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Seizert Capital Partners LLC, FMR LLC, Russell Investments Group Ltd., TIAA CREF Investment Management LLC, Unigestion Holding SA, Credit Suisse AG and AQR Capital Management LLC. Company insiders that have sold Investors Bancorp company stock in the last year include Michele N Siekerka, P Sean Burke, Robert C Albanese and William V Cosgrove. View Insider Buying and Selling for Investors Bancorp.
Which institutional investors are buying Investors Bancorp stock?
ISBC stock was bought by a variety of institutional investors in the last quarter, including Scopia Capital Management LP, Thompson Siegel & Walmsley LLC, First Pacific Advisors LP, Fuller & Thaler Asset Management Inc., Nordea Investment Management AB, Dimensional Fund Advisors LP, Janus Henderson Group PLC and Man Group plc. Company insiders that have bought Investors Bancorp stock in the last two years include James H Ward III and Peter Carlin. View Insider Buying and Selling for Investors Bancorp.
How do I buy shares of Investors Bancorp?
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 Bancorp's stock price today?
One share of ISBC stock can currently be purchased for approximately $12.27.
How big of a company is Investors Bancorp?
Investors Bancorp has a market capitalization of $4.27 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 Bancorp employs 1,959 workers across the globe.
What is Investors Bancorp's official website?
How can I contact Investors Bancorp?
Investors Bancorp'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 Bancorp (NASDAQ ISBC)
MarketBeat's community ratings are surveys of what our community members think about Investors Bancorp 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.
