Date | Price Target | Rating | Analyst |
---|---|---|---|
12/8/2022 | $11.00 | Neutral → Buy | Compass Point |
10/28/2022 | $14.00 → $11.00 | Buy → Neutral | Compass Point |
1/6/2022 | $14.00 | Overweight → Neutral | Piper Sandler |
4 - Kearny Financial Corp. (0001617242) (Issuer)
4 - Kearny Financial Corp. (0001617242) (Issuer)
4 - Kearny Financial Corp. (0001617242) (Issuer)
FAIRFIELD, N.J., June 22, 2023 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company of Kearny Bank (the "Bank"), announced that the Board of Directors of the Company and the Board of Directors of the Bank (together, the "Boards") each appointed two new directors, Curtland E. Fields and Melvina Wong-Zaza, effective today. Curtland E. FieldsMr. Fields is President, Chief Executive Officer and Trustee of the Turrell Fund, a Foundation serving children and their families in New Jersey and Vermont. Mr. Fields has also been a Trustee of the Fund since 1997, and he was appointed President and Chief Executive Officer of the Fund in 2005 after a disting
FAIRFIELD, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company of Kearny Bank (the "Bank"), reported a GAAP net loss for the quarter ended June 30, 2024 of $90.1 million, or $1.45 per diluted share, attributable to a non-cash, after-tax, goodwill impairment of $95.3 million. Excluding the impact of the goodwill impairment and other non-recurring transactions, adjusted net income for the quarter ended June 30, 2024 was $5.6 million, or $0.09 per diluted share, as compared to net income of $7.4 million, or $0.12 per diluted share, for the quarter ended March 31, 2024. "Goodwill impairment in no way affects our ongoing strateg
FAIRFIELD, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company of Kearny Bank (the "Bank"), reported net income for the quarter ended March 31, 2024 of $7.4 million, or $0.12 per diluted share, compared to a net loss of $13.8 million, or $0.22 per diluted share, for the quarter ended December 31, 2023. The net loss for the quarter ended December 31, 2023 was impacted by various non-recurring items, as previously disclosed. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable on May 22, 2024, to stockholders of record as of May 8, 2024. Craig L. Montanaro
FAIRFIELD, N.J., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company of Kearny Bank (the "Bank"), revised the Company's earnings release for the quarter ended December 31, 2023 (the "Revised Earnings Release"), which was issued on January 25, 2024 (the "Original Earnings Release"), to adjust the timing of income recognition associated with a $4.8 million non-recurring increase in cash surrender value (the "enhancement fee") associated with restructuring of its Bank-Owned Life Insurance ("BOLI") portfolio that was originally recognized as non-interest income during the quarter. During the quarter ended December 31, 2023, the Compa
Compass Point upgraded Kearny Financial from Neutral to Buy and set a new price target of $11.00
Compass Point downgraded Kearny Financial from Buy to Neutral and set a new price target of $11.00 from $14.00 previously
Piper Sandler downgraded Kearny Financial from Overweight to Neutral and set a new price target of $14.00
Kearny Financial (NASDAQ:KRNY) reported quarterly earnings of $0.09 per share which met the analyst consensus estimate. This is a 52.63 percent decrease over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $32.28 million which missed the analyst consensus estimate of $33.51 million by 3.68 percent. This is a 19.67 percent decrease over sales of $40.18 million the same period last year.
Kearny Financial (NASDAQ:KRNY) reported quarterly earnings of $0.12 per share which beat the analyst consensus estimate of $0.10 by 20 percent. This is a 29.41 percent decrease over earnings of $0.17 per share from the same period last year. The company reported quarterly sales of $34.319 million which missed the analyst consensus estimate of $34.380 million by 0.18 percent. This is a 19.00 percent decrease over sales of $42.371 million the same period last year.
4 - Kearny Financial Corp. (0001617242) (Issuer)
4 - Kearny Financial Corp. (0001617242) (Issuer)
4 - Kearny Financial Corp. (0001617242) (Issuer)
SC 13G/A - Kearny Financial Corp. (0001617242) (Subject)
SC 13G - Kearny Financial Corp. (0001617242) (Subject)
SC 13G/A - Kearny Financial Corp. (0001617242) (Subject)
DEFA14A - Kearny Financial Corp. (0001617242) (Filer)
DEF 14A - Kearny Financial Corp. (0001617242) (Filer)
10-K - Kearny Financial Corp. (0001617242) (Filer)
FAIRFIELD, N.J., July 25, 2024 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company of Kearny Bank (the "Bank"), reported a GAAP net loss for the quarter ended June 30, 2024 of $90.1 million, or $1.45 per diluted share, attributable to a non-cash, after-tax, goodwill impairment of $95.3 million. Excluding the impact of the goodwill impairment and other non-recurring transactions, adjusted net income for the quarter ended June 30, 2024 was $5.6 million, or $0.09 per diluted share, as compared to net income of $7.4 million, or $0.12 per diluted share, for the quarter ended March 31, 2024. "Goodwill impairment in no way affects our ongoing strateg
FAIRFIELD, N.J., June 20, 2024 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company for Kearny Bank (the "Bank"), announced today that the Board of Directors promoted Keith Suchodolski to Senior Executive Vice President and Chief Operating Officer, effective July 1, 2024. Mr. Suchodolski has held progressive leadership roles within the Company since 2013, most recently serving as Chief Financial Officer since July 2018. In his new role, Mr. Suchodolski's range of responsibilities will broaden to include strategic oversight of retail & business banking, human resources, marketing, corporate finance and corporate administration. Craig L. Montanar
FAIRFIELD, N.J., April 25, 2024 (GLOBE NEWSWIRE) -- Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company of Kearny Bank (the "Bank"), reported net income for the quarter ended March 31, 2024 of $7.4 million, or $0.12 per diluted share, compared to a net loss of $13.8 million, or $0.22 per diluted share, for the quarter ended December 31, 2023. The net loss for the quarter ended December 31, 2023 was impacted by various non-recurring items, as previously disclosed. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable on May 22, 2024, to stockholders of record as of May 8, 2024. Craig L. Montanaro