Investors Bancorp (ISBC) Declares $0.06 Quarterly Dividend; Approves Additional 10% Stock Buyback

Go back to Investors Bancorp (ISBC) Declares $0.06 Quarterly Dividend; Approves Additional 10% Stock Buyback

Investors Bancorp, Inc. Announces First Quarter Financial Results and Cash Dividend

April 28, 2016 5:49 PM EDT

SHORT HILLS, N.J., April 28, 2016 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $43.6 million for the three months ended March 31, 2016 compared to net income of $41.9 million for the three months ended March 31, 2015.  Diluted earnings per share were $0.14 for the three months ended March 31, 2016 compared to diluted earnings per share of $0.12 for the three months ended March 31, 2015.

Kevin Cummings, President and CEO commented, "We started 2016 focusing on our strategic plan.  One of the... More