Kearny Financial Corp.
Kearny Financial Corp. serves as the holding company for Kearny Bank, a savings bank chartered in New Jersey. The bank's core business involves attracting deposits from the public to fund its lending and investment activities. Its loan portfolio is diversified, including multi-family and non-residential mortgages, commercial business loans, and residential mortgages. This focus on lending is complemented by a portfolio of investment securities, which includes government agency securities and corporate bonds. With a network of 43 retail branches across northern and central New Jersey, as well as Brooklyn and Staten Island in New York, Kearny Financial has a significant presence in its regional market. This local focus allows it to build deep community ties, although performance can be influenced by regional economic trends. As with any investment, past performance is not indicative of future results.
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying Kearny Financial's stock with a target price of $8.38, indicating growth potential.
Financial Health
Kearny Financial Corp. shows solid revenue and cash flow, indicating a stable financial position.
Dividend
Kearny Financial Corp. offers a high dividend yield of 6.14%, making it appealing for dividend-seeking investors. If you invested $1000 you would be paid $61.40 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Why You’ll Want to Watch This Stock
Strong Regional Presence
With a network of branches across New Jersey and New York, Kearny has a deep footprint in its local markets, which can be an advantage. However, this also means its performance can be linked to regional economic health.
A Look at Financials
The company has demonstrated healthy earnings from its core operations in recent periods. While past performance is no guarantee of future results, a solid financial footing is often something an investor might look for.
Potential for Income
For those interested in potential income, Kearny Financial is noted for paying a dividend. It is important to remember that returns are not guaranteed, and dividend amounts can change.
Compare Kearny Financial with other stocks
Global Indemnity vs Kearny Financial
Global Indemnity vs Kearny Financial
Home Bancorp vs Kearny Financial
Home Bancorp vs Kearny Financial
Civista vs Kearny Financial
Civista vs Kearny Financial: a stock comparison
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
Ally Financial Inc.
Ally Financial Inc. is a financial services company that provides banking, lending, insurance, and investing products and services.
Ameris Bancorp
Ameris Bancorp is a bank holding company that provides a range of financial services to its customers through its subsidiary and affiliated banks.
Atlantic Union Bankshares Corporation
Atlantic Union Bankshares Corporation is the holding company for Atlantic Union Bank (the Bank), which provides banking and related financial products and services to consumers and businesses. The Bank has branches and ATMs located in Virginia, Maryland and North Carolina. It operates through two segments: Wholesale Banking and Consumer Banking. Its Wholesale Banking segment provides loan, leasing, and deposit services, as well as treasury management and capital market services to wholesale customers primarily throughout Virginia, Maryland, North Carolina, and South Carolina. These customers include commercial and industrial customers. This segment also includes its equipment finance subsidiary and its wealth management business. Its Consumer Banking segment provides loan and deposit services to consumers and small businesses throughout Virginia, Maryland, and North Carolina. Consumer Banking includes the home loan division and investment management, and advisory services businesses.
