Investors Bancorp (ISBC) Reports In-Line Q4 EPS
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Compass Point Downgrades Investors Bancorp (ISBC) to Sell
January 29, 2016 8:04 AM ESTCompass Point downgraded Investors Bancorp (NASDAQ: ISBC) from Neutral to Sell with a price target of $10.50 (from $14.00).
Analyst Laurie Havener Hunsicker commented, "4Q15 EPS of $0.14 was in-line with consensus, but missed by a penny on a core basis adjusting for LL provisioning; NIM contracted more than expectations; and share repurchases have slowed. Overshadowing 4Q EPS results, however, is ISBC's more aggressive acquisition strategy as "Party A" in the bid for... More
Investors Bancorp (ISBC) Raises Quarterly Dividend 20% to $0.06; 2% Yield
January 29, 2016 6:39 AM ESTInvestors Bancorp (NASDAQ: ISBC) declared a quarterly dividend of $0.06 per share, or $0.24 annualized. This is a 20% increase from the prior dividend of $0.05.
The dividend will be payable on February 25, 2016, to stockholders of record on February 10, 2016, with an ex-dividend date of February 8,... More
