Kearny Financial (KRNY) Declares $0.11 Quarterly Dividend; 6.1% Yield

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Go back to Kearny Financial (KRNY) Declares $0.11 Quarterly Dividend; 6.1% Yield

Kearny Financial Corp. Announces First Quarter Fiscal 2025 Results and Declaration of Cash Dividend

October 24, 2024 8:30 AM EDT

FAIRFIELD, N.J., Oct. 24, 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 September 30, 2024 of $6.1 million, or $0.10 per diluted share, compared to a GAAP net loss of $90.1 million, or $1.45 per diluted share, for the quarter ended June 30, 2024. The net loss for the quarter ended June 30, 2024 included a goodwill impairment of $95.3 million, as previously disclosed. Excluding this item, net income for the quarter ended September 30, 2024 increased $496,000 from adjusted net income of $5.6 million for the quarter ended June 30, 2024.

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