Stock Data
$0.07 (0.74%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
FINANCIAL SERVICES
Industry
BANKS - REGIONAL
Kearny Financial Corp, headquartered in Fairfield, New Jersey, is a well-established bank that has been serving customers since 1884. With a focus on community banking, Kearny Bank offers a wide range of financial products and services. These include various checking and savings accounts, money market deposits, and certificates of deposit. The bank also specializes in providing loans, including mortgages for multi-family and non-residential properties, commercial loans, residential mortgages, home equity loans, construction loans, and personal loans. Additionally, Kearny Financial engages in investment activities to further support its financial portfolio.
Paccar leads today's payers, sending $184 million in cash to shareholders on September 2. Four others are paying too, including Winmark at $1.02 a share and FTAI Aviation at 50 cents.
The community bank's Q4 earnings cratered to $0.11, nearly 34% below the $0.165 consensus, after a $2.6 million hit from a tax valuation charge and severance costs tied to a retail branch exit. Revenue squeaked past estimates on a narrow beat, but the real story is management's pivot toward commercial lending muscle and AI-driven cost cuts to restore 2027 profitability as low-rate multifamily loans reprice upward through the year.
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