Kearny Financial Reports $10 Million Fiscal Q1 Profit, Declares $0.11 Dividend
Photo: TokenPost
Kearny Financial Corp. (NASDAQ GS: KRNY), the holding company of Kearny Bank, posted $10.044 million in fiscal first-quarter net income and declared a $0.11 dividend for shareholders. Net income for the three months ended Sept. 30 rose 40% from $7.172 million in the quarter ended June 30. Diluted earnings per share were $0.16, compared with $0.11 in the prior quarter. Non-GAAP total revenue was $45.283 million, comprising $40.080 million in net interest income and $5.203 million in noninterest income. Net interest income declined $294,000 from the prior quarter, and net interest margin fell three basis points to 2.23%.
Source: TokenPost
