Investors Bancorp (ISBC) Reports In-Line Q1 EPS

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Go back to Investors Bancorp (ISBC) Reports In-Line Q1 EPS

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

April 27, 2017 6:01 PM EDT

SHORT HILLS, N.J., April 27, 2017 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $46.0 million, or  $0.16 per diluted share, for the three months ended March 31, 2017, compared to $52.5 million, or $0.18  per diluted share, for the three months ended December 31, 2016, and $44.7 million, or $0.14 per diluted share, for the three months ended March 31, 2016.

Kevin Cummings, President and CEO commented, "This was a solid quarter for the Bank as year over year earnings per share grew 14%. We continue to invest in our risk management infrastructure... More