Investors Bancorp (ISBC) Declares $0.08 Quarterly Dividend; 2.3% Yield

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Go back to Investors Bancorp (ISBC) Declares $0.08 Quarterly Dividend; 2.3% Yield

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

January 26, 2017 5:50 PM EST

SHORT HILLS, N.J., Jan. 26, 2017 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $52.5 million, or  $0.18 per diluted share, for the three months ended December 31, 2016, compared to $49.9 million, or  $0.17  per diluted share for the three months ended September 30, 2016, and $44.4 million, or $0.14 per diluted share for the three months ended December 31, 2015. 

During the fourth quarter, the Company adopted accounting standards update No. 2016-09 related to the accounting of stock... More