Investors Bancorp Inc (ISBC) Quarterly Income Statement

Quarterly · 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.
Quarterly Report, GAAP in USD millions
ITEM
(Dec 31 2021)
Q4 2021
(Sep 30 2021) (Jun 30 2021) (Mar 31 2021) (Dec 31 2020)
Revenues
Interest and Fee Income, Loans and Leases214.71
Interest and Dividend Income, Securities, Operating17.82
Interest Income, Deposits with Financial Institutions0.28
Other Income2.19
Total Interest Income235.00
Interest Expense, Deposits15.04
Interest Expense, Borrowings18.99
Total Interest Expense34.03
Net Interest Income200.97
Provision for loan losses-23.00
Total Net Interest Income223.97
Investment Banking, Advisory, Brokerage, and Underwriting Fees and Commissions6.14
Sales of Products0.00
Other Non-interest Income8.70
Extinguishment of Debt0.00
Gain (Loss) on Disposition of Assets and Other Investments0.00
Loss / Gain on Investment6.91
Other Non-Interest Income-6.82
Total Non-interest Income15.43
Total Revenues239.40
Costs & Expenses
Salaries & employee benefits, SGA65.99
Communications, Occupancy and Information Technology27.83
Professional Fees5.59
Federal Deposit Insurance Corporation Premium Expense2.80
Other Noninterest Expense8.70
Other loss /-income0.00
Total Operating Expenses110.92
Total Costs & Expenses144.95
Income & Taxes
Income /-loss before income taxes128.49
Income taxes expenses/-benefit34.17
Income after income taxes94.32
Net income/-loss of other equity0.00
Income /-loss after income taxes94.32
Net Income/-loss94.32
Income/-loss to shareholder94.32
Earnings Per Share
Basic EPS (excl. extra items)0.40
Basic Net EPS0.40
Basic shares outstanding (Mill. of Units)235.32
Diluted Net EPS0.40
Diluted average shares (Mill. of Units)236.44
Dividend per share0.14
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About ISBC Quarterly 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-Q 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-Q filings
  • Filed with the SEC: n/a

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