Investors Bancorp (ISBC) to Release Earnings on Monday
Investors Bancorp (NASDAQ:ISBC) will be releasing its earnings data after the market closes on Monday, January 22nd. Analysts expect Investors Bancorp to post earnings of $0.15 per share for the quarter.
Investors Bancorp (NASDAQ:ISBC) last announced its earnings results on Thursday, October 26th. The savings and loans company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.13 by $0.03. The company had revenue of $179.31 million for the quarter, compared to analysts’ expectations of $178.16 million. Investors Bancorp had a return on equity of 5.84% and a net margin of 20.55%. During the same quarter in the prior year, the business earned $0.15 earnings per share. On average, analysts expect Investors Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Investors Bancorp (NASDAQ ISBC) opened at $14.36 on Monday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $4,396.43, a price-to-earnings ratio of 22.44, a PEG ratio of 1.65 and a beta of 0.68. Investors Bancorp has a 1-year low of $12.48 and a 1-year high of $15.11.
In other news, Director Robert C. Albanese sold 5,000 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $13.94, for a total transaction of $69,700.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.96% of the stock is currently owned by corporate insiders.
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Investors Bancorp Company Profile
Investors 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.
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