Kearny Financial (KRNY) Reports In-Line Q1 EPS

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Kearny Financial Corp. Reports Second Quarter 2016 Operating Results

February 4, 2016 6:30 PM EST

FAIRFIELD, NJ -- (Marketwired) -- 02/04/16 -- Kearny Financial Corp. (NASDAQ: KRNY) (the "Company"), the holding company of Kearny Bank (the "Bank"), today reported net income for the quarter ended December 31, 2015 of $3.8 million, or $0.04 per basic and diluted share. The results represent an increase of $821,000 compared to net income of $3.0 million, or $0.03 per basic and diluted share, for the prior quarter ended September 30, 2015.

Overview

The improvement in earnings for the quarter ended December 31, 2015 reflected the Company's ongoing commitment to effectively utilize the capital raised through its second step conversion and... More