Investors Bancorp Inc (ISBC) Annual Income Statement

Annual · GAAP · USD millions
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Reviewing income statement figures over time helps illustrate how Investors Bancorp Inc generates earnings and manages operating expenses.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2021)
2021
(Dec 31 2020) (Dec 31 2019) (Dec 31 2018) (Dec 31 2017)
Revenues
Interest and Fee Income, Loans and Leases836.17
Interest and Dividend Income, Securities, Operating72.82
Interest Income, Deposits with Financial Institutions0.65
Other Income9.00
Total Interest Income918.64
Interest Expense, Deposits67.91
Interest Expense, Borrowings79.72
Total Interest Expense147.62
Net Interest Income771.02
Provision for loan losses-48.68
Total Net Interest Income819.69
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions22.08
Sales of Products0.00
Other Non-interest Income34.88
Extinguishment of Debt10.16
Gain (Loss) on Disposition of Assets and Other Investments0.00
Loss / Gain on Investment7.00
Other Non-Interest Income-10.16
Total Non-interest Income64.46
Total Revenues884.15
Costs & Expenses
Salaries & employee benefits, SGA259.40
Depreciation & Amortization0.00
Communications, Occupancy and Information Technology115.83
Professional Fees26.48
Federal Deposit Insurance Corporation Premium Expense12.35
Other Noninterest Expense31.52
Other loss /-income10.16
Total Operating Expenses455.74
Total Costs & Expenses603.36
Income & Taxes
Income /-loss before income taxes428.41
Income taxes expenses/-benefit115.08
Income after income taxes313.33
Net income/-loss of other equity0.00
Income /-loss after income taxes313.33
Net Income/-loss313.33
Income/-loss to shareholder313.33
Earnings Per Share
Basic EPS (excl. extra items)1.33
Basic Net EPS1.33
Basic shares outstanding (Mill. of Units)235.32
Diluted Net EPS1.33
Diluted average shares (Mill. of Units)236.44
Dividend per share0.59
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About ISBC Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.