trending Market Intelligence /marketintelligence/en/news-insights/trending/F4ofG9cWx6VKQ8VmDu3O7w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Investors Bancorp board approves 3rd share repurchase program

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Investors Bancorp board approves 3rd share repurchase program

's boardapproved the company's third share repurchase program.

Pursuant tothe new plan, the Short Hills, N.J.-based company may buy back an additional10% of its outstanding common shares, or about 31 million shares. The programwill start immediately upon completion of the , which wasannounced in June 2015.

The companyreported first-quarter net income of $43.6 million, or 14 cents per share,compared to the year-ago quarter's $41.9 million, or 12 cents per share.