Technical Coverage on Savings and Loans Equities -- Investors Bancorp, BofI Holding, Astoria Financial and Northwest Bancshares
PR Newswire - Tue Jun 07, 7:10AM CDT
On Monday, June 06, 2016, the NASDAQ Composite ended the trading session at 4,968.71, up 0.53%; the Dow Jones Industrial Average advanced 0.64% to finish at 17,920.33; and the S&P 500 closed at 2,109.41, up 0.49%. The gains were broad based as all the sectors ended the session in positive. ActiveWallSt.com has initiated coverage on the following equities: Investors Bancorp Inc. (NASDAQ: ISBC), BofI Holding Inc. (NASDAQ: BOFI), Astoria Financial Corporation (NYSE: AF), and Northwest Bancshares Inc. (NASDAQ: NWBI). Learn more about these stocks by accessing their free trade alerts at:
BOFI: 16.86 (+0.09), NWBI: 14.49 (+0.06), AF: 15.34 (-0.06), ISBC: 11.56 (+0.01)
Upgrade Alert for Investors Bank (ISBC)
Comtex SmarTrend(R) - Thu May 05, 3:42AM CDT
Investors Bank (NASDAQ:ISBC) was upgraded from Sell to Neutral at Compass Point today. The stock closed yesterday at $11.46 on volume of 3.3 million shares, below average daily volume of 3.7 million. Potential upside of 20.3% exists for Investors Bank, based on a current level of $11.46 and analysts' average consensus price target of $13.78. The stock should run into initial resistance at its 50-day moving average (MA) of $11.54 and subsequent resistance at its 200-day MA of $12.01.
ISBC: 11.56 (+0.01)
Investors Bancorp, Inc. to Acquire The Bank of Princeton, Expanding Its Franchise Into the Princeton and Philadelphia Markets
PR Newswire - Tue May 03, 4:36PM CDT
Investors Bancorp, Inc. (NASDAQ: ISBC) and The Bank of Princeton (PRIVATE: NJ) today announced the signing of a definitive merger agreement under which The Bank of Princeton will merge with and into Investors Bank, the wholly-owned subsidiary of Investors Bancorp, Inc. Consideration will be paid to The Bank of Princeton stockholders in a combination of stock and cash valued at $154 million, inclusive of options and warrants and based on Investors Bancorp's closing price of $11.43 on May 3, 2016.
NJ: 18.11 (-0.26), ISBC: 11.56 (+0.01)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Breaches of Fiduciary Duty by the Board of Investors Bancorp Inc. -- ISBC
PR Newswire - Mon May 02, 3:24PM CDT
Levi & Korsinsky announces it has commenced an investigation of Investors Bancorp Inc. (NASDAQ: ISBC) concerning possible breaches of fiduciary duty by its Board of Directors. To obtain additional information, GO TO: http://zlk.9nl.com/investors-bancorp-isbc or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
ISBC: 11.56 (+0.01)
Investors Bancorp, Inc. Announces First Quarter Financial Results and Cash Dividend
PR Newswire - Thu Apr 28, 4:49PM CDT
Investors Bancorp, Inc. (NASDAQ: ISBC) ("Company"
ISBC: 11.56 (+0.01)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Involving Possible Breaches of Fiduciary Duty by the Board of Investors Bancorp Inc. - ISBC
ACCESSWIRE - Tue Apr 26, 1:47PM CDT
NEW YORK, NY / ACCESSWIRE / April 26, 2016 / Levi & Korsinsky announces it has commenced an investigation of Investors Bancorp Inc. (NASDAQ: ISBC) concerning possible breaches of fiduciary duty by its Board of Directors. To obtain additional information, GO TO: http://zlk.9nl.com/investors-bancorp-isbc or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
ISBC: 11.56 (+0.01)
SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Investors Bancorp, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors
PR Newswire - Tue Apr 26, 11:02AM CDT
Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Investors Bancorp, Inc. (NASDAQ:ISBC).
ISBC: 11.56 (+0.01)
Investors Bancorp reports Q4 2015 net income of USD44m
M2 - Fri Feb 05, 6:43AM CST
Investors Bancorp, Inc. (NASDAQ: ISBC), holding company for Investors Bank has reported net income of USD44.4 million and USD181.5 million for the three months and year ended December 31, 2015, respectively, compared to net income of USD43.1 million and USD131.7 million for the three months and year ended December 31, 2014, the company said. Diluted earnings per share were USD0.14 for the three months ended December 31, 2015 compared to diluted earnings per share of USD0.12 for the three months ended December 31, 2014. Diluted earnings per share were USD0.55 for the year ended December 31, 2015 compared to USD0.38 for the year ended December 31, 2014. Net income for the year ended December 31, 2015 included one-time expense items related to tax adjustments. Excluding these one-time items, net income for the year ended December 31, 2015 would have been USD173.4 million, or USD0.52 per diluted share. Net income for the year ended December 31, 2014 included one-time expense items related to the company's second step capital offering, acquisitions and tax adjustments. Excluding these one-time items, net income for the year ended December 31, 2014 would have been USD148.6 million, or USD0.43 per diluted share. Board of directors of the company has increased its cash dividend 20 percent to USD0.06 per share. The dividend will be paid on February 25, 2016 to stockholders of record as of February 10, 2016. Net interest income increased by USD10.6 million, or 7.6 percent, to USD150.8 million for the three months ended December 31, 2015 from USD140.2 million for the three months ended December 31, 2014. Net interest income increased by USD53.1 million, or 9.8 percent, to USD595.1 million for the year ended December 31, 2015 from USD542.0 million for the year ended December 31, 2014. Total non-interest income decreased by USD1.2 million, or 11.9 percent to USD8.7 million for the three months ended December 31, 2015 from USD9.9 million for the three months ended December 31, 2014. For the three months ended December 31, 2015, gain on securities transactions, gain on loans, net and other income decreased USD858,000, USD168,000 and USD596,000, respectively. Total non-interest income decreased by USD1.7 million, or 4.1 percent to USD40.1 million for the year ended December 31, 2015 from USD41.9 million for the year ended December 31, 2014. The reduction is mainly attributed to decreases in fees and service charges and other income of USD2.3 million and USD1.6 million, respectively, for the year ended December 31, 2015. Included in other income for the year ended December 31, 2014 was a bargain purchase gain of USD1.5 million, net of tax, relating to the acquisition of Gateway Community Financial Corp, the federally-chartered holding company for GCF Bank ("Gateway"
ISBC: 11.56 (+0.01)
Savings & Loans Stocks Technical Insight -- New York Community Bancorp, People's United Financial, Investors Bancorp, and Astoria Financial
ACCESSWIRE - Thu Feb 04, 7:02AM CST
NEW YORK, NY / ACCESSWIRE / February 04, 2016 / Park Lane Advisor has initiated coverage on the following equities: New York Community Bancorp Inc. (NYSE: NYCB), People's United Financial Inc. (NASDAQ: PBCT), Investors Bancorp Inc. (NASDAQ: ISBC), and Astoria Financial Corporation (NYSE: AF). Free research report on New York Community Bancorp can be accessed at http://www.parklaneadvisor.com/ On Wednesday, February 03, 2016, the NASDAQ Composite ended at 4,504.24, down 0.28%, the Dow Jones Industrial Average advanced 1.13%, to finish the day at 16,336.66, and the S&P 500 closed at 1,912.53, up 0.50%. The gains were broad based as six out of nine sectors ended the session in positive. Register for your complimentary reports at the links given below.
PBCT: 15.43 (unch), NYCB: 15.12 (-0.03), AF: 15.34 (-0.06), ISBC: 11.56 (+0.01)
Investors Bancorp meets 4Q profit forecasts
Automated Insights - Thu Jan 28, 6:52PM CST
SHORT HILLS, N.J. (AP) _ Investors Bancorp Inc. (ISBC) on Thursday reported fourth-quarter net income of $44.4 million.
ISBC: 11.56 (+0.01)
Investors Bancorp, Inc. Announces Fourth Quarter Financial Results and Cash Dividend
PR Newswire - Thu Jan 28, 6:25PM CST
Investors Bancorp, Inc. (NASDAQ: ISBC) ("Company"
ISBC: 11.56 (+0.01)
Investors Bancorp, Inc. Announces Date for Fourth Quarter Earnings Conference Call
PR Newswire - Wed Jan 06, 4:25PM CST
Investors Bancorp, Inc. (Nasdaq: ISBC), announced that it expects to report earnings for the fourth quarter ended December 31, 2015, on Thursday, January 28, 2016 at approximately 5:00 p.m. Eastern Time (ET). A copy of the news release will be immediately available on its website, www.myinvestorsbank.com.
ISBC: 11.56 (+0.01)
Uptrend Call Working As Investors Bank Stock Rises 13.5% (ISBC)
Comtex SmarTrend(R) - Thu Dec 31, 4:19PM CST
SmarTrend identified an Uptrend for Investors Bank (NASDAQ:ISBC) on December 5th, 2014 at $11.06. In approximately 13 months, Investors Bank has returned 13.52% as of today's recent price of $12.55.
ISBC: 11.56 (+0.01)
Investors Bank Has Returned 13.1% Since SmarTrend Recommendation (ISBC)
Comtex SmarTrend(R) - Thu Dec 24, 3:27PM CST
SmarTrend identified an Uptrend for Investors Bank (NASDAQ:ISBC) on December 5th, 2014 at $11.06. In approximately 13 months, Investors Bank has returned 13.12% as of today's recent price of $12.51.
ISBC: 11.56 (+0.01)
Investors Bank names risk management officer, general counsel
M2 - Tue Dec 22, 6:12AM CST
Investors Bank (NASDAQ: ISBC) said it has selected experienced risk management officer Philippa Girling to lead the enterprise risk management team and Brian Doran as general counsel of the bank. Girling will immediately join the bank as senior vice president, chief risk officer and will report directly to the chairman of the risk committee of investors' board of directors. She will oversee the bank's BSA, compliance and credit risk departments. Girling was previously business risk officer, SVP at Capital One Commercial Bank. Her experience in global securities and operational risk will bring additional strength and expertise to the risk management areas. Doran was appointed senior vice president and general counsel on October 16, 2015. Before joining Investors Bank, he was at Popular Community Bank (formerly known as Banco Popular) since 1999 where he most recently served as region executive for Popular's New York Metro Region and director of government affairs. Investors Bank has more than USD20.3 billion in assets and a network of over 135 retail branches located in New York City, New Jersey, and Long Island, delivering personalized services and products tailored to the needs of its customers. Investors' consumer banking services include deposit products, online and mobile banking, home equity loans and lines of credit and a full array of mortgage loans.
ISBC: 11.56 (+0.01)
Philippa Girling and Brian Doran Join the Senior Management Team of Investors Bank
PR Newswire - Wed Dec 16, 1:53PM CST
Moving to broaden the level of expertise in the Risk Management and Legal Departments, Investors Bank (NASDAQ: ISBC) has selected experienced Risk Management Officer Philippa Girling to lead the Enterprise Risk Management team and Brian Doran as General Counsel of the Bank.
ISBC: 11.56 (+0.01)
Shares of ISBC Up 11.9% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Dec 10, 9:53AM CST
SmarTrend identified an Uptrend for Investors Bank (NASDAQ:ISBC) on December 5th, 2014 at $11.06. In approximately 12 months, Investors Bank has returned 11.90% as of today's recent price of $12.37.
ISBC: 11.56 (+0.01)
Investors Bank Shares Up 15.7% Since SmarTrend's Buy Recommendation (ISBC)
Comtex SmarTrend(R) - Thu Dec 03, 9:37AM CST
SmarTrend identified an Uptrend for Investors Bank (NASDAQ:ISBC) on December 5th, 2014 at $11.06. In approximately 12 months, Investors Bank has returned 15.69% as of today's recent price of $12.79.
ISBC: 11.56 (+0.01)