Investors Bancorp, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kevin Cummings
- Full Time Employees
- 1,598
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 101 John F Kennedy Pkwy Short Hills NJ United States of America 07078
- IPO Date
- Oct 12, 2005
- CIK
- 0001594012
- Website
- investorsbank.com
- Similar Companies
- Business
- Investors Bancorp, Inc. (ISBC) operates as the holding company for Investors Bank, a New Jersey-chartered full-service commercial bank that attracts deposits from the general public and originates various loans including multi-family, commercial real estate, commercial and industrial, construction, one-to-four-family residential mortgages, home equity loans, home equity lines of credit, and cash surrender value lending on life insurance contracts; deposit products encompass savings accounts, checking accounts, and money market accounts; the bank also invests in securities such as mortgage-backed securities, U.S. government and federal agency obligations. Founded in 1926 and headquartered in Short Hills, New Jersey, the institution historically operated approximately 154 branches across New Jersey, New York, and Pennsylvania, serving individuals, businesses, and communities in these regions with a focus on relationship-based core deposits and diversified lending portfolios emphasizing commercial diversification to mitigate interest rate risk. In a major strategic shift, Citizens Financial Group, Inc. acquired Investors Bancorp in a $3.5 billion cash-and-stock transaction completed on April 7, 2022, after which Investors Bank continued as a subsidiary through 2022 before fully integrating operations, culminating in the rebranding of all branches to Citizens Bank by February 28, 2023.
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