ISBC on NASDAQ

Investors Bank

Bank in New Jersey, USA

Investors Bank was a publicly traded, full-service bank that was based in Short Hills, New Jersey, USA. The bank operated over 150 branches across New Jersey and New York. The bank operated from 1926 until 2022 as an independent entity, then was purchased by Citizens Financial Group.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

1926Founded1

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  • TickerISBC on NASDAQ1
  • Industryeconomics of banking, financial sector, financial services1
  • HeadquartersShort Hills1
  • Business address101 Jfk Parkway, Short Hills, Nj 070785
  • Filer categoryLarge accelerated filer5
  • Legal formSavings Bank4
  • LEI5493002VB77GOYB9O4024
  • StatusInactive4
  • LEI statusRetired4
  • Registered address101 John F Kennedy Pkwy, 07078 Short Hills, United States4
  • Registered withFederal Deposit Insurance Corporation, 288924

Investors Bank was a publicly traded, full-service bank that was based in Short Hills, New Jersey, USA. The bank operated over 150 branches across New Jersey and New York.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

975.7%Net margin7
24.2%Revenue growth, 20217
10.7%Return on equity7
$483.9MFree cash flow7

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Interest26¢$147.6M
  • Income tax20¢$115.1M
  • Profit54¢$313.3M

Out of $32.1M in revenue.7

Where each dollar of operating cash went, fiscal 2021

  • Capital spending2¢$10.9M
  • Dividends paid28¢$138.6M
  • Share buybacks2¢$12.1M
  • Kept or used elsewhere67¢$333.2M

Out of $494.8M of cash from operations.7

Financial statements

Revenue897$32.1M in 2021+80% since 2017
0$10.0M$20.0M$30.0M$40.0M2017: $17.8M$17.8M20172018: $21.7M$21.7M2018+22%2019: $25.3M$25.3M2019+17%2020: $25.9M$25.9M2020+2%2021: $32.1M$32.1M2021+24%
Net income1011897$313.3M in 2021+73% since 2015
0$100.0M$200.0M$300.0M$400.0M2015: $181.5M$181.5M20152016: $192.1M$192.1M2016+6%2017: $126.7M$126.7M2017−34%2018: $202.6M$202.6M2018+60%2019: $195.5M$195.5M2019−4%2020: $221.6M$221.6M2020+13%2021: $313.3M$313.3M2021+41%
Fiscal year2015201620172018201920202021
Revenue$17.8M8$21.7M9$25.3M7$25.9M7$32.1M7
Interest$136.6M10$153.3M11$201.9M8$288.4M9$385.1M7$255.2M7$147.6M7
Income before tax$428.4M7
Income tax$99.4M10$106.9M11$153.8M8$67.8M9$91.2M7$75.0M7$115.1M7
Net income$181.5M10$192.1M11$126.7M8$202.6M9$195.5M7$221.6M7$313.3M7
Earnings per share$0.5510$0.6511$0.448$0.729$0.757$0.947$1.337
Earnings per share (diluted)$0.5510$0.6411$0.438$0.729$0.747$0.947$1.337
Shares (weighted, basic)235.3M shares7
Shares (weighted, diluted)236.4M shares7

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The story

In 1926, the bank was incorporated as the Washington Rock Building and Loan Association. Sixteen years later, its name changed to Investors Savings and Loan Association. Through mergers, acquisitions, and internal expansion, the bank grew and eventually changed its name to Investors Savings Bank.

In 1997, Investors changed from a New Jersey-chartered mutual savings bank to a New Jersey-chartered stock savings bank, and reorganized as a two-tiered holding company. The bank became a wholly owned subsidiary of Investors Bancorp, Inc., a Delaware-chartered, mid-tier stock holding company, and Investors Bancorp Inc. became a wholly owned subsidiary of Investors Bancorp MHC.

In 2005, Investors Bancorp Inc. became a partially public company, trading common stock on the NASDAQ. In 2011, the bank rebranded itself and changed its name to Investors Bank. On May 8, 2014, Investors Bancorp became a fully public company.

Investors Bank was acquired by Citizens Financial Group in 2022. By February 28, 2023, all Investors locations were rebranded as Citizens Bank.

From Wikipedia’s article on Investors Bank, shared under CC BY-SA 4.0.6

Leadership

Who has led Investors Bank, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (39)

Acquisitions

Sources:

1942: Millburn Building and Loan Association

1943: Connecticut Farms Building and Loan Association, Battle Hill Building and Loan Association

1947: Brick Church Savings and Loan Association

Read the full text

1958: Lyons Farms Building and Loan Association

1963: Divident Hill Savings and Loan Association

1969: Plainfield Savings and Loan Association

1973: Camptown Savings and Loan Association

1977: Supreme Savings and Loan Association

1991: East Jersey Savings Bank

1995: five Carteret Federal Savings Bank branches

2008: Summit Federal Savings Bank

2009: American Bank of New Jersey, six Banco Popular branches in New Jersey

2010: seventeen Millennium BCP Bank branches (entire US operations; four branches were later sold by Investors Bank)

2012: Brooklyn Federal Savings Bank, Marathon Bank

2013: Roma Bank, RomAsia Bank

2014: GCF Bank

2019: Gold Coast Bank

2021: eight New Jersey and eastern Pennsylvania branches of Berkshire Bank

From Wikipedia’s article on Investors Bank, shared under CC BY-SA 4.0.6

Former names

  • New Investors Bancorp, Inc.Dec 10, 2013 to May 6, 20145

Timeline

  1. Feb 28, 2023Dissolved Dissolved1
  2. Nov 24, 2008New chief executive Kevin Cummings becomes CEO14
  3. Nov 22, 2006New chief executive Robert M. Cashill becomes CEO15
  4. Oct 12, 2005Went public Listed on NASDAQ1
  5. 1926Founded Founded1

Filings

43 filings to the SEC since October 2021: 2 annual reports, 1 quarterly reports, 7 major events, 23 insider forms, 7 large holders, 3 other. The latest 20:

  1. Feb 14, 2023SC 13G/A EDGAR
  2. Apr 19, 202215-12B EDGAR
  3. Apr 14, 2022SC 13G EDGAR
  4. Apr 7, 20224 EDGAR
  5. Apr 7, 20224 EDGAR
  6. Apr 7, 20224 EDGAR
  7. Apr 7, 20224 EDGAR
  8. Apr 7, 20224 EDGAR
  9. Apr 7, 20224 EDGAR
  10. Apr 7, 20224 EDGAR
  11. Apr 7, 20224 EDGAR
  12. Apr 7, 20224 EDGAR
  13. Apr 7, 20224 EDGAR
  14. Apr 7, 20224 EDGAR
  15. Apr 7, 20224 EDGAR
  16. Apr 7, 20224 EDGAR
  17. Apr 7, 20224 EDGAR
  18. Apr 7, 20228-K EDGAR
  19. Apr 5, 202210-K/A EDGAR
  20. Apr 4, 20228-K EDGAR

The 43 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

6 open-market trades by officers, directors and large owners since October 2021: 0 buys and 6 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Mar 3, 2022Burke P. SeanEVP and CFOSale100,000$16.21$1.6MForm 4
Feb 16, 2022SPENGLER RICHARDSenior EVPSale300,000$17.41$5.2MForm 4
Feb 10, 2022Burke P. SeanEVP and CFOSale100,000$17.24$1.7MForm 4
Feb 3, 2022Kalamaras PaulSenior EVPSale21,360$16.86$360.1KForm 4
Feb 1, 2022Kalamaras PaulSenior EVPSale478,640$16.66$8.0MForm 4
Nov 24, 2021Burke P. SeanEVP and CFOSale100,946$16.21$1.6MForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Sources

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