Kearny Financial Corp. (KRNY)
Kearny Financial Corp. operates in the Banks - Regional industry of the Financial Services sector, headquartered in Fairfield, NJ, US. The stock last traded at $9.46, down 0.68% on the session, giving a market capitalisation of $595.7M. On trailing twelve-month figures it carries a trailing P/E of 16.32, a net margin of 10.4%. Its beta of 0.61 implies it has historically moved less than the broad market.
Kearny Financial Corp. serves as the parent entity for Kearny Bank, providing a diverse array of banking and financial services across the United States. The institution offers a comprehensive suite of deposit products, including both interest-bearing and non-interest-bearing checking accounts, money market accounts, savings accounts, and certificates of deposit. Furthermore, Kearny Bank extends various lending options, such as mortgages for multi-family and commercial real estate, business term loans and credit lines, primary mortgages for single- to four-family residences, and home equity loans and lines of credit. It also provides financing for the construction or renovation of one-to-four family homes, commercial properties, or multi-family dwellings, alongside overdraft facilities and personal loans. Beyond these, the corporation engages in investment activities. As of August 18, 2021, its operations included 48 branch offices located throughout northern and central New Jersey, in addition to Brooklyn and Staten Island, New York. The company, established in 1884, has its headquarters in Fairfield, New Jersey.
Kearny Financial Corp. is most often compared with the following Financial Services names: