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Kearny Financial NasdaqGS:KRNY Stock Report

Last Price

US$5.67

Market Cap

US$352.8m

7D

0%

1Y

-21.8%

Updated

02 Jun, 2024

Data

Company Financials +

Kearny Financial Corp.

NasdaqGS:KRNY Stock Report

Market Cap: US$352.8m

KRNY Stock Overview

Operates as the holding company for Kearny Bank that provides various banking products and services in the United States.

KRNY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends2/6

Kearny Financial Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kearny Financial
Historical stock prices
Current Share PriceUS$5.67
52 Week HighUS$9.46
52 Week LowUS$5.28
Beta0.74
1 Month Change-1.56%
3 Month Change-5.03%
1 Year Change-21.79%
3 Year Change-56.05%
5 Year Change-57.66%
Change since IPO-31.28%

Recent News & Updates

Kearny Financial (NASDAQ:KRNY) Has Affirmed Its Dividend Of $0.11

May 05
Kearny Financial (NASDAQ:KRNY) Has Affirmed Its Dividend Of $0.11

Recent updates

Kearny Financial (NASDAQ:KRNY) Has Affirmed Its Dividend Of $0.11

May 05
Kearny Financial (NASDAQ:KRNY) Has Affirmed Its Dividend Of $0.11

Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11

Feb 01
Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11

Kearny Financial (NASDAQ:KRNY) Is Due To Pay A Dividend Of $0.11

Aug 01
Kearny Financial (NASDAQ:KRNY) Is Due To Pay A Dividend Of $0.11

Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11

Oct 30
Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11

Kearny Financial Aggressively Buying Back Shares

Sep 30

Kearny Financial authorizes 4M repurchase plan and completes 10% buyback

Aug 01

Kearny Financial Continuing To Do What It Does Best

Jul 03

Kearny Financial's Share Buybacks Improve Dividend Coverage

Mar 16

Check Out Kearny Financial With Its Rising Dividends And Aggressive Share Repurchase

Dec 21

Kearny Financial Corp.'s (NASDAQ:KRNY) CEO Compensation Looks Acceptable To Us And Here's Why

Oct 22
Kearny Financial Corp.'s (NASDAQ:KRNY) CEO Compensation Looks Acceptable To Us And Here's Why

Kearny Financial's Latest Buyback Could Boost Share Price

Oct 03

Rapidly Growing Dividend And Share Buybacks Make Kearny Financial An Attractive Investment

Jul 06

Kearny Financial commences new stock repurchase plan

May 26

Do Kearny Financial's (NASDAQ:KRNY) Earnings Warrant Your Attention?

Mar 18
Do Kearny Financial's (NASDAQ:KRNY) Earnings Warrant Your Attention?

Kearny Financial Corp. (NASDAQ:KRNY) Passed Our Checks, And It's About To Pay A US$0.09 Dividend

Feb 25
Kearny Financial Corp. (NASDAQ:KRNY) Passed Our Checks, And It's About To Pay A US$0.09 Dividend

How Much Are Kearny Financial Corp. (NASDAQ:KRNY) Insiders Spending On Buying Shares?

Feb 21
How Much Are Kearny Financial Corp. (NASDAQ:KRNY) Insiders Spending On Buying Shares?

How Much Is Kearny Financial Corp. (NASDAQ:KRNY) CEO Getting Paid?

Jan 31
How Much Is Kearny Financial Corp. (NASDAQ:KRNY) CEO Getting Paid?

Shareholder Returns

KRNYUS BanksUS Market
7D0%0.2%-0.6%
1Y-21.8%32.9%22.2%

Return vs Industry: KRNY underperformed the US Banks industry which returned 32.9% over the past year.

Return vs Market: KRNY underperformed the US Market which returned 22.2% over the past year.

Price Volatility

Is KRNY's price volatile compared to industry and market?
KRNY volatility
KRNY Average Weekly Movement6.1%
Banks Industry Average Movement4.0%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: KRNY has not had significant price volatility in the past 3 months.

Volatility Over Time: KRNY's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1884556Craig Montanarowww.kearnybank.com

Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. It also provides various loans, such as multi-family and nonresidential real estate mortgage loans, commercial term loans and lines of credit, one- to four-family residential mortgage loans, and home equity loans and lines of credit; loans to individuals, builders, or developers for the construction of multi-family residential buildings or commercial real estate, or for the construction or renovation of one- to four-family residences; overdraft lines of credit; and personal loans.

Kearny Financial Corp. Fundamentals Summary

How do Kearny Financial's earnings and revenue compare to its market cap?
KRNY fundamental statistics
Market capUS$352.84m
Earnings (TTM)US$15.43m
Revenue (TTM)US$142.40m

22.9x

P/E Ratio

0.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRNY income statement (TTM)
RevenueUS$142.40m
Cost of RevenueUS$0
Gross ProfitUS$142.40m
Other ExpensesUS$126.97m
EarningsUS$15.43m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin100.00%
Net Profit Margin10.83%
Debt/Equity Ratio202.8%

How did KRNY perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

179%

Payout Ratio
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