You'll need a scorecard to figure out the complex deal announced in New Jersey late Wednesday, but here's the bottom line: Investors Bancorp (ISBC) Chief Executive Kevin Cummings just landed that next big fish he was seeking.

The Short Hills, N.J., company has agreed to buy Roma Financial Corp. (ROMA) in Robbinsville, N.J. The deal, scheduled to close in the second quarter, would bring together two mutual thrifts and create a company with assets of more than $13 billion.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.