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ISBC - Investors Bancorp: Acquisition And Organic Loan Growth To Drive Earnings

  • The loan portfolio will benefit from the acquisition of bank branches and organic growth.
  • The allowance for loan losses is quite high relative to actual losses. As a result, the provision expense will likely remain subdued in 2021.
  • The year-end target price suggests a modest upside from the current market price. Additionally, ISBC is offering a decent dividend yield.

For further details see:

Investors Bancorp: Acquisition And Organic Loan Growth To Drive Earnings
Stock Information

Company Name: Investors Bancorp Inc.
Stock Symbol: ISBC
Market: NASDAQ
Website: investorsbank.com

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