Investors Bancorp (ISBC) Misses Q4 EPS by 1c

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

January 29, 2020 5:32 PM EST

SHORT HILLS, N.J., Jan. 29, 2020 /PRNewswire/ -- Investors Bancorp, Inc. (NASDAQ: ISBC) ("Company"), the holding company for Investors Bank ("Bank"), reported net income of $48.7 million, or  $0.19 per diluted share, for the three months ended December 31, 2019 as compared to $52.0 million, or $0.20 per diluted share, for the three months ended September 30, 2019 and $33.3 million, or $0.12 per diluted share, for the three months ended December 31, 2018.  Included for the three months ended December 31, 2019 is $7.8 million, or $0.03 per diluted share, of additional income tax expense resulting from the revaluation of... More