This is a mid-cap company. You have to be careful as a deposit franchise like this are under pressure as competition is increasing on margins in deposits. He thinks credit provisions may soon tighten for deposit holders and this could be the nail in the coffin. He would wait until it trades above $14 to become interested.
Regional bank in a top region – New York and New Jersey. Their assets grew by 85% since 2012. Nonperforming loans are about 0.4 vs. the peer group at 0.7. (Analysts’ target: $14.75).
Investors Bancorp Inc. is a American stock, trading under the symbol ISBC-Q on the NASDAQ (ISBC). It is usually referred to as NASDAQ:ISBC or ISBC-Q
In the last year, there was no coverage of Investors Bancorp Inc. published on Stockchase.
Investors Bancorp Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Investors Bancorp Inc..
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In the last year, there was no coverage of Investors Bancorp Inc. published on Stockchase.
On 2022-04-06, Investors Bancorp Inc. (ISBC-Q) stock closed at a price of $13.9.