Investors Bancorp (NASDAQ:ISBC) reported its Q4 earnings results on Wednesday, January 26, 2022 at 05:00 PM.
Here's what investors need to know about the announcement.
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Earnings
Investors Bancorp beat estimated earnings by 25.0%, reporting an EPS of $0.4 versus an estimate of $0.32, which surprised analysts.
Revenue was up $12.17 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 1.31% increase in the share price the next day.
Here's a look at Investors Bancorp's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.31 | 0.28 | 0.28 | 0.25 |
| EPS Actual | 0.36 | 0.34 | 0.31 | 0.36 |
| Revenue Estimate | 196.40M | 188.88M | 187.98M | 183.84M |
| Revenue Actual | 194.60M | 207.78M | 180.74M | 188.79M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.