Kearny Financial Builds Momentum with Strong Earnings and Major Loan Deal
Kearny Financial Corp. is showing strong financial performance, driven by increased profitability and strategic lending. The company posted a significant rise in net income and EPS for its second fiscal quarter, alongside an improved net interest margin. Kearny Bank also secured a substantial commercial loan deal for a new logistics center, reinforcing its focus on commercial lending while maintaining a consistent quarterly cash dividend for shareholders.
Kearny Financial Builds Momentum with Strong Earnings and Major Loan Deal
Kearny Financial Corp. is showing strong financial performance, driven by strategic lending growth and increased profitability. The company's net income rose nearly 40% year-over-year, and its net interest margin improved significantly. Kearny Bank also finalized a $37.25 million financing deal for a major industrial project, reinforcing its focus on commercial lending, while maintaining a consistent quarterly cash dividend of $0.11 per share.
Kearny Financial Corp. SEC 10-Q Report
Kearny Financial Corp. has released its Q3 10-Q report, demonstrating strong financial and operational performance, including a net income of $9.4 million and a net interest income of $38.0 million. The company reported improved profitability with $0.15 diluted EPS, an increase in net interest margin to 2.14%, and a notable rise in non-interest-bearing deposits. Despite an increase in nonperforming assets, Kearny Financial Corp. aims to maintain liquidity and capital while pursuing strategic growth initiatives.
Kearny Financial (NASDAQ:KRNY) Stock Price Passes Above 200-Day Moving Average - Here's Why
Kearny Financial (NASDAQ:KRNY) shares have moved above their 200-day moving average, trading as high as $8.30 before closing at $8.08. This comes despite recent mixed analyst ratings and an earnings per share miss in their last quarterly report. The company has also announced a quarterly dividend of $0.11 per share.
Kearny Financial (KRNY) Price Target Increased by 12.50% to 9.18
The average one-year price target for Kearny Financial (NasdaqGS:KRNY) has been increased by 12.50% to $9.18 per share, up from the previous estimate of $8.16. This new target represents an 11.41% increase from the last closing price of $8.24. Institutional ownership data indicates a slight decrease in total shares owned, but a bullish put/call ratio suggests a positive outlook for the company.
Kearny Financial Corp. (NASDAQ:KRNY) is largely controlled by institutional shareholders who own 74% of the company
Kearny Financial Corp. (NASDAQ:KRNY) is predominantly owned by institutional shareholders, holding 74% of the company, with the top 11 shareholders collectively owning 51%. This significant institutional presence suggests the stock price is sensitive to their trading activities and indicates a degree of credibility within the investment community. Insiders own a smaller but notable portion, valued at US$27 million, while the general public holds a 21% stake.
Kearny Financial (KRNY) Net Interest Margin Recovery Tests Bullish Turnaround Narratives
Kearny Financial (KRNY) reported Q2 2026 results with revenue of US$43.0 million and EPS of US$0.15, marking a recovery from previous losses. The company's net interest margin has improved to 2.1%, which is seen as a key factor supporting its earnings. However, a significant discrepancy between its stock price and DCF fair value, coupled with an unstable dividend history and a high allowance for bad loans, raises questions about its current valuation.
Kearny Financial Q2 Earnings: $9.4M Profit, $86.2M Revenue | KRNY - News and Statistics
Kearny Financial Corp. (KRNY) reported a profit of $9.4 million for its fiscal second quarter, translating to 15 cents per share. The bank holding company, based in Fairfield, New Jersey, also announced total revenue of $86.2 million for the period, with adjusted revenue stated as $43.5 million. This financial update was sourced from the IndexBox Market Intelligence Platform.
Kearny: Overview of Second Quarter Financial Results
Kearny Financial Corp. reported a net income of $9.4 million for its fiscal second quarter, with earnings per share of 15 cents. The company, based in Fairfield, New Jersey, achieved total revenue of $86.2 million and adjusted revenue of $43.5 million during the period. This overview provides key financial highlights for the quarter.
Kearny Financial reports stable Q4 2025 earnings amid margin expansion
Kearny Financial Corp. reported stable net income of $9.4 million, or $0.15 per diluted share, for Q4 2025, virtually unchanged from the previous quarter, with its net interest margin expanding to 2.14% due to Fed rate cuts. The company saw a decrease in non-performing assets, an increase in total deposits, and maintained its dividend payments for 11 consecutive years. Strategic initiatives included a partnership for process improvement and adding a residential lending team.
Kearny Financial Corp. Announces Second Quarter Fiscal 2026 Results and Declaration of Cash Dividend
Kearny Financial Corp. reported second-quarter fiscal 2026 net income of $9.4 million, or $0.15 per diluted share, and declared a quarterly cash dividend of $0.11 per share. The company achieved improved core earnings, with net interest margin expanding by four basis points, and saw a significant decrease in non-performing assets. Strategic initiatives include a partnership for operational efficiency and the addition of a residential lending team to diversify revenue.
Kearny: Overview of Second Quarter Financial Results
Kearny Financial Corp. reported a net income of $9.4 million for its fiscal second quarter, resulting in earnings of 15 cents per share. The company's total revenue for the quarter was $86.2 million, with an adjusted revenue figure of $43.5 million. The financial institution is headquartered in Fairfield, New Jersey.
Kearny Financial Corp. Reports $9.4M Q2 Net Income and $0.11 Dividend
Kearny Financial Corp. announced a net income of $9.4 million for the second quarter ending December 31, 2025, alongside a declared cash dividend of $0.11 per share payable in February 2026. The company demonstrated improved asset quality with a significant decrease in non-performing assets and proactive diversification of its loan portfolio. These results reflect ongoing improvements in core earnings and a commitment to shareholder returns.
Kearny Financial’s Stock Tests Investor Patience As The Market Waits For A Clear Signal
Kearny Financial's (KRNY) stock has been trading sideways near its 52-week low, showing indecision rather than strong movement despite a volatile regional banking sector. Investors who bought a year ago have seen approximate 30% capital loss, and the market is awaiting a catalyst amidst a quiet news flow. Wall Street analysts maintain a cautious neutral stance, suggesting moderate upside if the bank can execute on cost discipline and maintain credit quality in a "higher-for-longer" interest rate environment.
Kearny Financial Corp. Announces Second Quarter Fiscal 2026 Results and Declaration of Cash Dividend
Kearny Financial Corp. reported net income of $9.4 million, or $0.15 per diluted share, for the second quarter of fiscal 2026, consistent with the previous quarter. The company's net interest margin expanded by four basis points to 2.14%, contributing to a 3.9% increase in pre-tax, pre-provision net revenue. Kearny Financial also declared a quarterly cash dividend of $0.11 per share and highlighted strategic initiatives aimed at operational efficiency, client experience enhancement, and revenue diversification.
Kearny Financial (NASDAQ:KRNY) Short Interest Down 19.8% in December
Kearny Financial (NASDAQ:KRNY) experienced a 19.8% decrease in short interest during December, totaling 568,114 shares by month-end. This represents approximately 0.9% of the company's stock sold short, with a short-interest ratio of 1.3 days based on average daily volume. The company currently pays a quarterly dividend of $0.11, yielding 5.6%, and has a consensus "Hold" rating from analysts with an average target price of $8.00.
Kearny Financial (KRNY) to Release Quarterly Earnings on Thursday
Kearny Financial (KRNY) is scheduled to release its Q2 2026 earnings before market open on Thursday, January 22nd, with analysts anticipating an EPS of $0.16 and revenue of $44.839 million. The company previously met EPS estimates and exceeded revenue expectations in the prior quarter. Despite a "Hold" consensus rating from analysts, institutional investors have increased their stakes, and the stock currently offers a 5.6% dividend yield.
Kearny Financial (NASDAQ:KRNY) Hits New 1-Year High - Here's Why
Kearny Financial (NASDAQ:KRNY) recently reached a new 52-week high, trading as high as $7.96. The company pays an annualized dividend of $0.44, resulting in a 5.6% yield, although its payout ratio is high at 93.6%. While Piper Sandler upgraded its price target to $9 with an "overweight" rating, the consensus amongst analysts remains a "Hold" with an average target price of $8.
Kearny Financial (NASDAQ:KRNY) Share Price Passes Above Two Hundred Day Moving Average - Should You Sell?
Kearny Financial (NASDAQ:KRNY) shares recently climbed above their 200-day moving average, trading as high as $7.62. Analyst ratings are mixed, with an average "Hold" rating and an $8.00 price target, although Piper Sandler recently raised its target to $9.00 with an "overweight" rating. Despite a 5.8% dividend yield, the high payout ratio of 93.62% raises concerns about its sustainability.
The Truth About Kearny Financial Corp (KRNY): Boring Bank Stock or Hidden Money Hack?
Kearny Financial Corp (KRNY) is presented as a potentially undervalued regional bank stock for long-term investors, despite lacking the hype of bigger tech companies. The article highlights its value play potential, dividend appeal, and the inherent risks associated with regional banking. It suggests KRNY is a "quiet cop" for risk-aware investors looking for discounted value rather than a "moonshot" for those seeking viral market excitement.
Fourthstone LLC Has $7.17 Million Holdings in Kearny Financial $KRNY
Fourthstone LLC significantly increased its stake in Kearny Financial (NASDAQ:KRNY) by 351.4% in Q2, bringing its total holdings to 1,109,666 shares valued at approximately $7.17 million. This makes Kearny Financial the 22nd largest position in Fourthstone LLC's investment portfolio. Other institutional investors like Vanguard Group Inc., Geode Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Invesco Ltd., and Arrowstreet Capital Limited Partnership also adjusted their positions in the company.
Kearny Financial (NASDAQ:KRNY) Trading Up 5.2% - Here's Why
Kearny Financial (NASDAQ:KRNY) saw its stock price increase by 5.2% on Wednesday, trading up to $7.745. This movement follows Piper Sandler raising its price target for KRNY to $9 and the company maintaining an average "Hold" rating from analysts. The increase also comes after a significant insider purchase and increased institutional ownership.
Kearny Financial (KRNY) Price Target Raised by Piper Sandler | K
Piper Sandler has reiterated its "Overweight" rating for Kearny Financial (KRNY) and increased its price target from $7.50 to $9.00, indicating strong confidence in the company's future performance. This adjustment, driven by analyst Mark Fitzgibbon, suggests a favorable outlook for the stock in the financial sector. Kearny Financial Corp operates as a federally-chartered stock savings bank, primarily attracting deposits and originating real estate-backed loans in New Jersey and New York.
White Pine Capital LLC Has $1.11 Million Stock Holdings in Kearny Financial $KRNY
White Pine Capital LLC significantly increased its stake in Kearny Financial, boosting its holdings by 123.5% to 172,416 shares, valued at approximately $1.11 million. This increase contributes to institutional investors owning around 71.01% of the company. Kearny Financial recently reported Q3 EPS of $0.15, matching estimates, and revenue of $42.8 million, slightly exceeding expectations, while paying a quarterly dividend of $0.11 per share.
Kearny Financial reports 36% rise in quarterly earnings per share
Kearny Financial Corp. (NASDAQ:KRNY) reported a 36.4% increase in quarterly earnings per share, reaching $0.15 for the quarter ended September 30, 2025, with net income of $9.5 million. The company's net interest margin expanded to 2.10%, and it announced a quarterly cash dividend of $0.11 per share. Kearny Financial also highlighted strategic partnerships and branch consolidations aimed at enhancing operational efficiency.
Kearny Financial Corp reports results for the quarter ended September 30 - Earnings Summary
Kearny Financial Corp (KRNY) reported adjusted earnings of 15 cents per share for the quarter ended September 30, surpassing last year's EPS of 10 cents but missing analysts' mean expectation of 16 cents. Revenue increased by 16.2% to $37.70 million, exceeding analyst forecasts. The average analyst rating for the shares is "buy," with a median 12-month price target of $7.25.
Kearny Financial Corp. Announces Completion of Stock Repurchase Plan
Kearny Financial Corp. (NASDAQ GS: KRNY) has announced the completion of its previously disclosed stock repurchase plan. The company repurchased 4,000,000 shares at a cost of $34.9 million, averaging $8.74 per share. Kearny Financial Corp. is the holding company for Kearny Bank, which operates 43 retail branch offices and had approximately $8.0 billion in total assets as of September 30, 2023.
Kearny Financial (KRNY) Returns to Profit, Challenging Bearish Narratives on Core Resilience
Kearny Financial (KRNY) has returned to profitability after five years of declining earnings, with an improved net profit margin. While this turnaround challenges previous bearish narratives about its core resilience, the market remains cautious due to the short duration of this profitable period. The company's valuation is at a premium to peers despite concerns about dividend sustainability and future growth, suggesting investors are weighing the improved margins against inherent risks.
Kearny Financial Corp. Announces First Quarter Fiscal 2026 Results and Declaration of Cash Dividend
Kearny Financial Corp. reported net income of $9.5 million, or $0.15 per diluted share, for the first quarter of fiscal 2026, marking a 36% increase in earnings per share quarter-over-quarter. The company's net interest margin expanded by 10 basis points to 2.10%, and its Board of Directors declared a quarterly cash dividend of $0.11 per share. Strategic initiatives, including a partnership with The Lab Consulting and branch consolidations, are underway to enhance operational efficiency and drive shareholder value.
Kearny Financial (NASDAQ: KRNY) declares $0.11 dividend; net income $9.5M, margin expands
Kearny Financial (NASDAQ: KRNY) reported Q1 fiscal 2026 net income of $9.5 million, or $0.15 per diluted share, an increase from the prior quarter. The company's net interest margin expanded by 10 basis points to 2.10%, and the board declared a $0.11 per share quarterly cash dividend. While operational highlights show strong growth in construction loans and strategic branch consolidations, the company noted an increase in non-performing assets and net charge-offs, largely due to a single delinquent construction loan.
Kearny Financial Corp Presents Fiscal 2025 Highlights at Annual Meeting
Kearny Financial Corp presented its fiscal 2025 highlights and strategic outlook at its Annual Meeting of Stockholders on October 21, 2025. The company highlighted successful navigation of industry pressures, improved net interest margins due to Federal Reserve policy changes, and enhanced operational efficiency through AI investments. Kearny Financial Corp also reported strong credit performance and a focus on organic growth and market expansion.
Carnegie Financial Savings (KRNY.US) is scheduled to release its earnings report before the market opens on October 23. - 富途牛牛
Kearny Financial (KRNY.US) is set to release its earnings report before the market opens on October 23. The article provides details on its previous quarterly revenue, net profit, and earnings per share for Q4 2025 and Q1 2025, using US_GAAP accounting standards. Investors are advised to stay tuned for the upcoming earnings call where management will discuss financial data and operational performance.
Kearny financial director Wong-Zaza buys $8,988 in shares
Kearny Financial Corp's financial director, Wong-Zaza Melvina, purchased 1,500 shares of common stock for $8,988, increasing her direct holdings to 29,035 shares. This transaction occurred as the stock had declined 15% year-to-date, though analysis indicates it is currently undervalued. The company recently reported a rise in net income and net interest margin, with analysts expecting a return to profitability and offering a 7.5% dividend yield.
Kearny Financial Corp Reports Q4 EPS of $0.11, Missing Estimates
Kearny Financial Corp reported a Q4 net income of $6.8 million, or $0.11 per diluted share, missing analyst estimates of $0.13. The company's revenue reached $35.8 million, slightly below expectations, while its net interest margin improved to 2.00% and asset quality remained strong with negligible net charge-offs. Despite missing EPS estimates, the company showcased significant annual performance improvement and strategic growth.
KRNY SEC Filings - Kearny Finl Corp Md 10-K, 10-Q, 8-K Forms
This page provides access to Kearny Financial Corporation (KRNY) SEC filings, including annual reports (10-K), quarterly reports (10-Q), material event reports (8-K), and insider trading forms. It highlights recent filings detailing quarterly earnings of $9.5M, dividend declarations of $0.11 per share, results from the annual meeting, and insider stock acquisitions by directors and officers. The platform offers AI-powered summaries to quickly extract key information from these regulatory documents.
The past three years for Kearny Financial (NASDAQ:KRNY) investors has not been profitable
Kearny Financial Corp. (NASDAQ:KRNY) shareholders have experienced a significant decline in share price over the past three years, with a 54% drop, underperforming the broader market. The company also saw a decrease in earnings per share, leading to a loss-making position. While insider purchases are noted as a positive, the long-term performance is concerning, including a total shareholder return (TSR) of -45% over three years.
Kearny Financial Corp. Announces Authorization of a New Stock Repurchase Plan and Completion of 10% Stock Repurchase Plan
Kearny Financial Corp. has announced a new stock repurchase plan authorizing the acquisition of up to 4,000,000 shares of its common stock. This follows the completion of a previous repurchase plan where 7,602,021 shares were bought back for $96.8 million, averaging $12.73 per share. The new plan allows for open market or privately negotiated repurchases, has no expiration date, and is subject to various market and financial conditions.
Kearny Financial Corp. Declares Quarterly Cash Dividend
Kearny Financial Corp. (NASDAQ GS: KRNY) announced a quarterly cash dividend of $0.10 per share. The dividend is payable on September 15, 2021, to stockholders of record as of September 1, 2021. The company, through Kearny Bank, operates 48 retail branch offices across New Jersey and New York and reported approximately $7.3 billion in total assets as of June 30, 2021.
Kearny Financial Corp. Announces Completion of Stock Repurchase Plan and Commencement of New Stock Repurchase Plan
Kearny Financial Corp. announced the completion of its previously disclosed 5% stock repurchase plan, which involved repurchasing 4,210,520 shares for $51.1 million. Concurrently, a new repurchase plan to acquire up to 4,064,649 shares (approximately 5% of outstanding common stock) has become effective. The repurchases will be made at management's discretion in the open market or through other means, subject to market conditions and the company's financial performance.
Insider Buying: Melvina Wong-zaza Acquires Shares in Kearny Financial Corp (KRNY)
Melvina Wong-zaza, a Director at Kearny Financial Corp, recently purchased 5,000 shares, increasing her total holdings to 27,535 shares. This transaction is part of a broader trend of insider buying at the company over the past year. Kearny Financial Corp's stock is currently considered fairly valued, trading at $7.23 with a GF Value of $7.35.
Kearny Financial Corp. Announces Second Quarter Fiscal 2025 Results and Declaration of Cash Dividend
Kearny Financial Corp. reported net income of $6.6 million for the second quarter of fiscal year 2025, an increase from the previous quarter. The company announced a quarterly cash dividend of $0.11 per share and highlighted growth in net interest income, expansion of net interest margin, and a 3.7% increase in deposits. Key financial metrics such as total assets, loans receivable, and balance sheet details were also provided, showing a reduction in borrowings and maintenance of strong capital ratios.
Kearny: Fiscal Q2 Earnings Snapshot
Kearny Financial Corp. (KRNY) reported a loss of $9 million in its fiscal second quarter, resulting in a loss of 14 cents per share. However, adjusted earnings were 11 cents per share. The bank holding company posted revenue of $71.4 million in the period, with adjusted revenue reaching $24.6 million.
Kearny Financial Corp. Promotes Keith Suchodolski to Senior Executive Vice President
Kearny Financial Corp. announced the promotion of Keith Suchodolski to Senior Executive Vice President and Chief Financial Officer, effective July 1, 2022. He will also assume the responsibilities of the retiring Chief Operating Officer. Suchodolski has been with the company since 2013 and previously served as Executive Vice President and Chief Financial Officer since 2018.
Kearny Bank Appoints Jack Anastasi as the First Vice President
Kearny Bank has appointed Jack D. Anastasi as its First Vice President/Government Banking and Small Business Banking Leader. Anastasi will manage and expand Kearny Bank’s government and small business banking relationships, leveraging his more than 20 years of experience in these sectors. The appointment aims to enhance service and product development for the bank's essential government and business customers.
Kearny Financial Corp. Completes Acquisition of MSB
Kearny Financial Corp. announced the successful closing of its acquisition of MSB Financial Corp. on July 10, 2020. The merger expands Kearny's presence into Somerset and Morris Counties and increases its total assets to approximately $7.37 billion across 51 banking locations. The deal involved a mix of stock and cash for MSB common stock, enhancing Kearny's market footprint and product offerings.
Millington Bank to merge with Kearny in $94M deal
Kearny Financial Corp. and MSB Financial Corp. (Millington Bank) have announced a definitive agreement for Millington to merge into Kearny in a deal valued at over $94 million. The acquisition will expand Kearny Bank's operations into Somerset and Morris counties, aiming to grow the combined franchise with an expanded product suite and focus on digital technologies. The merger is expected to close in Q2 2020, subject to shareholder and regulatory approvals, and will result in a combined entity with approximately $7.25 billion in assets.
