Investors Bancorp, Inc. operates as the bank 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. The company's loan portfolio comprises multi-family, commercial real estate, commercial and industrial, and construction loans; one-to four-family residential mortgage loans secured by one-to four-family residential real estate; and consumer and other loans primarily consisting of home equity loans, and home equity lines of credit, as well as various insurance products comprising life insurance, fixed annuities, and indexed annuities. As of December 31, 2020, it operated through a network of 156 branches in New Jersey and New York. Investors Bancorp, Inc. was founded in 1926 and is headquartered in Short Hills, New Jersey.
IPO Year:
Exchange: NASDAQ
Website: myinvestorsbank.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2021 | $14.65 → $16.00 | Equal-Weight | Wells Fargo |
| 8/20/2021 | $15.50 → $17.50 | Equal-Weight → Overweight | Stephens & Co. |
| 7/30/2021 | $14.65 | Overweight → Equal-Weight | Wells Fargo |
| 7/29/2021 | $14.50 | Buy → Neutral | Janney Montgomery Scott |
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
4 - Investors Bancorp, Inc. (0001594012) (Issuer)
Wells Fargo reiterated coverage of Investors Bancorp with a rating of Equal-Weight and set a new price target of $16.00 from $14.65 previously
Stephens & Co. upgraded Investors Bancorp from Equal-Weight to Overweight and set a new price target of $17.50 from $15.50 previously
Wells Fargo downgraded Investors Bancorp from Overweight to Equal-Weight and set a new price target of $14.65
Janney Montgomery Scott downgraded Investors Bancorp from Buy to Neutral and set a new price target of $14.50
Stephens downgraded Investors Bancorp from Overweight to Equal-Weight and set a new price target of $15.50
Keefe Bruyette initiated coverage of Investors Bancorp with a rating of Mkt Perform and set a new price target of $16.00
SC 13G/A - Investors Bancorp, Inc. (0001594012) (Subject)
SC 13G - Investors Bancorp, Inc. (0001594012) (Subject)
SC 13G/A - Investors Bancorp, Inc. (0001594012) (Subject)
SC 13G/A - Investors Bancorp, Inc. (0001594012) (Subject)
SC 13G - Investors Bancorp, Inc. (0001594012) (Subject)
SC 13G/A - Investors Bancorp, Inc. (0001594012) (Subject)
SC 13G/A - Investors Bancorp, Inc. (0001594012) (Subject)
SC 13G/A - Investors Bancorp, Inc. (0001594012) (Subject)
SC 13G/A - Investors Bancorp, Inc. (0001594012) (Subject)
SC 13G - Investors Bancorp, Inc. (0001594012) (Subject)
15-12B - Investors Bancorp, Inc. (0001594012) (Filer)
8-K - Investors Bancorp, Inc. (0001594012) (Filer)
25-NSE - Investors Bancorp, Inc. (0001594012) (Subject)
10-K/A - Investors Bancorp, Inc. (0001594012) (Filer)
8-K - Investors Bancorp, Inc. (0001594012) (Filer)
8-K - Investors Bancorp, Inc. (0001594012) (Filer)
8-K - Investors Bancorp, Inc. (0001594012) (Filer)
8-K - Investors Bancorp, Inc. (0001594012) (Filer)
425 - Investors Bancorp, Inc. (0001594012) (Subject)
8-K - Investors Bancorp, Inc. (0001594012) (Filer)
SHORT HILLS, N.J., Jan. 26, 2022 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $94.3 million, or $0.40 per diluted share, for the three months ended December 31, 2021 as compared to $66.9 million, or $0.28 per diluted share, for the three months ended September 30, 2021 and $75.1 million, or $0.32 per diluted share, for the three months ended December 31, 2020. For the year ended December 31, 2021, net income totaled $313.3 million, or $1.33 per diluted share, compared to $221.6 million, or $0.94 per diluted share, for the year ended December 31, 2020. The Company also announced today that its Board
SHORT HILLS, N.J., Jan. 5, 2022 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC), announced that it expects to report earnings for the fourth quarter ended December 31, 2021, on Wednesday, January 26, 2022 at approximately 5:00 p.m. Eastern Time (ET). A copy of the news release will be immediately available on its website, www.investorsbank.com. Investors Bancorp, Inc. is the holding company for Investors Bank. As of September 30, 2021, the Company reported assets of $27.32 billion and operated from its corporate headquarters in Short Hills, New Jersey and 154 branches located throughout New Jersey and New York. Contact: Marianne Wade Director, Financial Reporting 973-924-5100investorr
NEW YORK, Dec. 10, 2021 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2021. This quarter, there are constituent changes within five of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX), the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), the KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY) and
SHORT HILLS, N.J., Oct. 27, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $66.9 million, or $0.28 per diluted share, for the three months ended September 30, 2021 as compared to $79.8 million, or $0.34 per diluted share, for the three months ended June 30, 2021 and $64.3 million, or $0.27 per diluted share, for the three months ended September 30, 2020. For the nine months ended September 30, 2021, net income totaled $219.0 million, or $0.93 per diluted share, compared to $146.4 million, or $0.62 per diluted share, for the nine months ended September 30, 2020. Net income for the three months
SHORT HILLS, N.J., Aug. 30, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC) (the "Company"), the parent company of Investors Bank, announced today that Investors Bank has completed the acquisition of the eight New Jersey and eastern Pennsylvania branches of Berkshire Bank, the wholly-owned subsidiary of Berkshire Hills Bancorp, Inc. (NYSE:BHLB). The transaction was completed at the close of business on August 27, 2021 and includes the assumption and acquisition of approximately $630 million of deposits and approximately $220 million of consumer and commercial loans, together with the related operations. In connection with the transaction, the Company has extinguished $600 millio
SHORT HILLS, N.J., July 28, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $79.8 million, or $0.34 per diluted share, for the three months ended June 30, 2021 as compared to $72.3 million, or $0.31 per diluted share, for the three months ended March 31, 2021 and $42.6 million, or $0.18 per diluted share, for the three months ended June 30, 2020. For the six months ended June 30, 2021, net income totaled $152.1 million, or $0.64 per diluted share, compared to $82.1 million, or $0.35 per diluted share, for the six months ended June 30, 2020. The Company also announced today that its Board of Di
Solidifies Citizens' banking franchise serving communities in the greater New York City and Philadelphia metropolitan areas and across New Jersey Adds approximately $27 billion in total assets, $20 billion in deposits*, and an attractive commercial and consumer customer base Citizens Financial Group, Inc. (NYSE:CFG) and Investors Bancorp, Inc. (NASDAQ:ISBC) ("Investors") announced today that they have entered into a definitive agreement and plan of merger under which Citizens will acquire all of the outstanding shares of Investors for a combination of stock and cash. The acquisition of Investors enhances Citizens' banking franchise, adding an attractive middle market/small business and c
SHORT HILLS, N.J., April 28, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $72.3 million, or $0.31 per diluted share, for the three months ended March 31, 2021 as compared to $75.1 million, or $0.32 per diluted share, for the three months ended December 31, 2020 and $39.5 million, or $0.17 per diluted share, for the three months ended March 31, 2020. The Company also announced today that its Board of Directors declared a cash dividend of $0.14 per share to be paid on May 25, 2021 for stockholders of record as of May 10, 2021. Kevin Cummings, Chairman and CEO, commented, "Our pre-tax earnings
SHORT HILLS, N.J., Jan. 27, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $75.1 million, or $0.32 per diluted share, for the three months ended December 31, 2020 as compared to $64.3 million, or $0.27 per diluted share, for the three months ended September 30, 2020 and $48.7 million, or $0.19 per diluted share, for the three months ended December 31, 2019. For the year ended December 31, 2020, net income totaled $221.6 million, or $0.94 per diluted share, compared to $195.5 million, or $0.74 per diluted share, for the year ended December 31, 2019. Net income for the three months and year
NEW YORK, April 4, 2022 /PRNewswire/ -- Arcus Biosciences Inc. (NYSE:RCUS) will replace Investors Bancorp Inc. (NASD:ISBC) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 7. S&P 500 constituent Citizens Financial Group Inc. (NYSE:CFG) is acquiring Investors Bancorp in a deal expected to be completed soon pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector April 7, 2022 S&P SmallCap 600 Addition Arcus Biosciences RCUS Health Care S&P SmallCap 600 Deletion Investors Bancorp ISBC Financials For m
PROVIDENCE, R.I. and SHORT HILLS, N.J., April 4, 2022 /PRNewswire/ -- Citizens Financial Group, Inc. (NYSE:CFG) ("Citizens") and Investors Bancorp, Inc. (NASDAQ:ISBC) ("Investors") today announce that the expected close date of the previously announced merger between the two companies is April 6, 2022, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement. Citizens and Investors previously announced that regulatory approval for this merger was received from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is
Citizens Financial Group, Inc. (NYSE:CFG) ("Citizens") and Investors Bancorp, Inc. (NASDAQ:ISBC) ("Investors") today announce that the expected close date of the previously announced merger between the two companies is April 6, 2022, subject to the satisfaction or waiver of the remaining customary closing conditions set forth in the merger agreement. Citizens and Investors previously announced that regulatory approval for this merger was received from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency. About Citizens Financial Group, Inc. Citizens Financial Group, Inc. is one of the nation's oldest and largest financial institutions, wi
Customers will continue to be served through their respective Citizens and Investors branches, websites and mobile applications after close and until systems are converted PROVIDENCE, R.I. and SHORT HILLS, N.J., March 25, 2022 /PRNewswire/ -- Citizens Financial Group, Inc. (NYSE:CFG) ("Citizens") and Investors Bancorp, Inc. (NASDAQ:ISBC) ("Investors") today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of Investors. The acquisition is anticipated to close by mid-April 2022, pending satisfaction of customary closing conditions. After closin
Customers will continue to be served through their respective Citizens and Investors branches, websites and mobile applications after close and until systems are converted Citizens Financial Group, Inc. (NYSE:CFG) ("Citizens") and Investors Bancorp, Inc. (NASDAQ:ISBC) ("Investors") today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of Investors. The acquisition is anticipated to close by mid-April 2022, pending satisfaction of customary closing conditions. After closing, over the course of 2022, Citizens will provide Investors' customers
SHORT HILLS, N.J., Jan. 26, 2022 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $94.3 million, or $0.40 per diluted share, for the three months ended December 31, 2021 as compared to $66.9 million, or $0.28 per diluted share, for the three months ended September 30, 2021 and $75.1 million, or $0.32 per diluted share, for the three months ended December 31, 2020. For the year ended December 31, 2021, net income totaled $313.3 million, or $1.33 per diluted share, compared to $221.6 million, or $0.94 per diluted share, for the year ended December 31, 2020. The Company also announced today that its Board
SHORT HILLS, N.J., Jan. 5, 2022 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC), announced that it expects to report earnings for the fourth quarter ended December 31, 2021, on Wednesday, January 26, 2022 at approximately 5:00 p.m. Eastern Time (ET). A copy of the news release will be immediately available on its website, www.investorsbank.com. Investors Bancorp, Inc. is the holding company for Investors Bank. As of September 30, 2021, the Company reported assets of $27.32 billion and operated from its corporate headquarters in Short Hills, New Jersey and 154 branches located throughout New Jersey and New York. Contact: Marianne Wade Director, Financial Reporting 973-924-5100investorr
NEW YORK, Dec. 10, 2021 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2021. This quarter, there are constituent changes within five of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX), the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), the KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), the KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY) and
SHORT HILLS, N.J., Nov. 19, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC) (the "Company") announced that stockholders of the Company approved the planned merger with Citizens Financial Group, Inc at a special meeting of the Company's stockholders held earlier today. The transaction is expected to close in the first half of 2022, subject to the receipt of required regulatory approvals and other customary closing conditions. Kevin Cummings, Chairman and Chief Executive Officer, commented, "We are very pleased to have received overwhelming stockholder support for the planned merger with Citizens. Our customers, colleagues, communities and stockholders will benefit from Citizens'
SHORT HILLS, N.J., Oct. 27, 2021 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ:ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $66.9 million, or $0.28 per diluted share, for the three months ended September 30, 2021 as compared to $79.8 million, or $0.34 per diluted share, for the three months ended June 30, 2021 and $64.3 million, or $0.27 per diluted share, for the three months ended September 30, 2020. For the nine months ended September 30, 2021, net income totaled $219.0 million, or $0.93 per diluted share, compared to $146.4 million, or $0.62 per diluted share, for the nine months ended September 30, 2020. Net income for the three months
Here's a roundup of top developments in the biotech space over the last 24 hours: Stocks In Focus Theravance Announces Phase 3 Data For Ampreloxetine Showing Clear Benefit In Multiple System Atrophy Patients Theravance Biopharma, Inc. (NASDAQ:TBPH) announced results from the second Phase 3 study, assessing the durability of clinical effect of ampreloxetine compared to placebo for the treatment of symptomatic neurogenic orthostatic hypotension. The primary endpoint was not statistically significant for the overall population of patients, which included patients with Parkinson's disease, pure autonomic failure and multiple system atrophy. Yet the pre-specified subgroup analysis by disease
https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20220404-1451281/1451281_isbc6.pdf
The sentiment is building for a half basis point hike by the Federal Reserve in March. However, Peter Winter, who covers regional banks at Wedbush Securities, is not so convinced. "With rates now basically at zero and some uncertainty with the economy, a 50 basis point hike would spook the market and show that the Fed is behind the curve on inflation," he told Benzinga's PreMarket Prep on Wednesday. What Would Benefit The Banks The Most? Winter said a “gradual increase in rates” would benefit the banks the most. Along these lines, his models indicate that the gradual rate hikes in 2022 will top out at four, along with another two rate hikes in 2023. That stands in stark contrast to both
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. Also check out these big stocks insiders are buying 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
Investors Bancorp (NASDAQ:ISBC) reported quarterly earnings of $0.40 per share which beat the analyst consensus estimate of $0.32 by 25 percent. This is a 11.11 percent increase over earnings of $0.36 per share from the same period last year.
Companies Reporting Before The Bell • Blue Foundry (NASDAQ:BLFY) is projected to report earnings for its fourth quarter. • First BanCorp (NYSE:FBP) is likely to report quarterly earnings at $0.32 per share on revenue of $183.96 million. • O2Micro Intl (NASDAQ:OIIM) is likely to report quarterly earnings at $0.05 per share on revenue of $24.00 million. • Myovant Sciences (NYSE:MYOV) is likely to report earnings for its third quarter. Check out these big stocks insiders are selling • Sharps Compliance (NASDAQ:SMED) is likely to report quarterly earnings at $0.07 per share on revenue of $17.99 million. • Universal Stainless (NASDAQ:USAP) is projected to report quarterly loss at $0.13