Investors Bancorp (Investors Bancorp) Tax Rate % : 26.59% (As of Dec. 2021)

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What is Investors Bancorp Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Investors Bancorp's Tax Expense for the three months ended in Dec. 2021 was $34.2 Mil. Investors Bancorp's Pre-Tax Income for the three months ended in Dec. 2021 was $128.5 Mil. Therefore, Investors Bancorp's Tax Rate % for the quarter that ended in Dec. 2021 was 26.59%.

Investors Bancorp Tax Rate % Historical Data

The historical data trend for Investors Bancorp's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Investors Bancorp Tax Rate % Chart

Investors Bancorp Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Tax Rate %

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54.83

25.09

31.82

25.28

26.86

Investors Bancorp Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Tax Rate %	Get a 7-Day Free Trial															20.40	27.25	26.81	26.88	26.59

Investors Bancorp Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Investors Bancorp's Tax Rate % for the fiscal year that ended in Dec. 2021 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2021 )	/	Pre-Tax Income (A: Dec. 2021 )
	=	115.08	/	428.413
	=	26.86 %

Investors Bancorp's Tax Rate % for the quarter that ended in Dec. 2021 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2021 )	/	Pre-Tax Income (Q: Dec. 2021 )
	=	34.168	/	128.485
	=	26.59 %

Investors Bancorp Tax Rate % Related Terms

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Investors Bancorp (Investors Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Investors Bancorp Inc (NAS:ISBC) » Definitions » Tax Rate %

Comparable Companies

IST:ISATR FHB BAH:NBB OCSE:RILBA WAR:MBK OCSE:JYSK SHSE:601128 NSE:IDFCFIRSTB KUW:CBK TRN:RFHL

Traded in Other Exchanges

N/A

Address

101 JFK Parkway, Short Hills, NJ, USA, 07078

Website

https://www.investorsbank.com

Investors Bancorp Inc is the holding company for Investor Bank, a savings bank operating primarily in the greater New Jersey and New York metropolitan areas. The bank obtains funds through both deposits and the wholesale market to originate loans and invest in securities. Loans originated include commercial real estate loans, commercial and industrial loans, residential mortgage loans, construction loans, and consumer loans. The bank has traditionally grown through acquisitions and internal growth, including de novo branching. The vast majority of its loan portfolio is in commercial loans. The vast majority of its net revenue is in net interest income.

Executives

P. Sean Burke	officer: EVP and CFO	101 JFK PARKWAY SHORT HILLS NJ 07078
Paul Kalamaras	officer: Exec VP	101 JFK PARKWAY SHORT HILLS NJ 07078
James J. Garibaldi	director	101 JFK PARKWAY SHORT HILLS NJ 07078
Richard Spengler	officer: Exec VP	101 JFK PARKWAY SHORT HILLS NJ 07078
Kevin Cummings	director, officer: Chairman and CEO	101 JFK PARKWAY, SHORT HILLS NJ 07078
Domenick A Cama	director, officer: President and COO	101 JFK PARKWAY SHORT HILLS NJ 07078
Robert C Albanese	director	2300 ROUTE 33 ROBBINSVILLE NJ 08691
Paul Stathoulopoulos	director	101 JFK PARKWAY SHORT HILLS NJ 07078
William V. Cosgrove	director	101 JFK PARKWAY SHORT HILLS NJ 07078
Ward James H Iii	director	C/O AMERICAN BANCORP OF NEW JERSEY INC 365 BROAD STREET BLOOMFIELD NJ 07003
Doreen R Byrnes	director	101 JFK PARKWAY SHORT HILLS NJ 07078
Michele N Siekerka	director	101 JFK PARKWAY, SHORT HILLS NJ 07078
Dennis M Bone	director	2300 ROUTE 33 ROBBINSVILLE NJ 08691
Blue Harbour Group, L.p.	10 percent owner	646 STEAMBOAT RD., GREENWICH CT 06830
Blue Harbour Holdings, Llc	10 percent owner	646 STEAMBOAT ROAD, 3RD FLOOR, GREENWICH CT 06830