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ISBC - Investors Bancorp: Acquisition And Organic Loan Growth To Drive Earnings
May, 20 2021 07:58 AM
Investors Bancorp Inc.
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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