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Stock Market & Financial Investment News

News Breaks
May 2, 2014
05:08 EDTISBCInvestors Bancorp holders, depositors approve plan of conversion
Investors Bancorp announced that its stockholders and the depositors of the bank each approved the plan of conversion pursuant to which the company will reorganize into a stock holding company, New Investors Bancorp, a Delaware corporation, with the bank becoming its wholly owned subsidiary. The company also announced that its stockholders and the bank's depositors have each approved the contribution to Investors Charitable Foundation of 1M shares of New Investors Bancorp common stock and $10M in cash.
News For ISBC From The Last 14 Days
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July 30, 2015
17:51 EDTISBCInvestors Bancorp reports Q2 EPS 14c, consensus 12c
Reports Q2 loan loss provision $7.0M vs. $8.0M a year ago. Reports Q2 net charge-offs $1.2M vs. $2.6M a year ago. Reports book value per share $9.88 at June 30 vs. $10.08 at December 31, 2014. Reports Q2 net interest income $148.6M vs. $134.8M a year ago.

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