Loading...
•
Mar 31, 2023
Kearny Financial Q3 2023 Earnings Report
Kearny Financial Corp. reported net income for the quarter ended March 31, 2023 of $10.3 million, or $0.16 per diluted share.
Key Takeaways
Kearny Financial Corp. reported a net income of $10.3 million, or $0.16 per diluted share, for the quarter ended March 31, 2023, compared to $2.0 million, or $0.03 per diluted share, for the quarter ended December 31, 2022. The company's performance was impacted by non-recurring items. Deposits decreased by $168.0 million, while borrowings increased by $228.1 million. The Board of Directors has declared a quarterly cash dividend of $0.11 per share.
Net income for the quarter ended March 31, 2023 was $10.3 million, or $0.16 per diluted share.
Deposits decreased $168.0 million, or 2.8%, to $5.80 billion at March 31, 2023.
Borrowings increased $228.1 million to $1.61 billion at March 31, 2023.
Board of Directors has declared a quarterly cash dividend of $0.11 per share.
Kearny Financial
Kearny Financial
Forward Guidance
The company did not provide forward guidance in the earnings report.