Investors Bancorp (ISBC) Raises Quarterly Dividend 12.5% to $0.09; 2.6% Yield
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Investors Bancorp, Inc. Announces Third Quarter Financial Results and Cash Dividend
October 26, 2017 5:54 PM EDTSHORT HILLS, N.J., Oct. 26, 2017 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $45.8 million, or $0.16 per diluted share, for the three months ended September 30, 2017, compared to $39.6 million, or $0.14 per diluted share, for the three months ended June 30, 2017, and $49.9 million, or $0.17 per diluted share, for the three months ended September 30, 2016. For the three months ended September 30, 2016, the Company recorded an excess tax benefit of $6.4 million, as compared to $127,000 and $173,000 for the three months ended September 30, 2017 and June 30, 2017, respectively. The... More
