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Kearny Financial
-4.98%
Financial services / Banking and Financial Services
At a Glance | Core Facts | Company | Industry | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebKearny Financial is a bank holding company that operates as the parent company of Kearny Bank. The company was founded in 1884 and is based in Fairfield, New Jersey. Kearny Financial offers a range of financial products and services, including personal and business banking, mortgages, and wealth management. The company has over 50 branch locations throughout New Jersey and New York.
Kearny Bank offers a variety of deposit accounts, including checking, savings, money market, and certificate of deposit (CD) options. These accounts can be accessed online or through the bank's mobile app. The bank also offers home loans, personal loans, and commercial lending services.
In addition to traditional banking services, Kearny Financial also offers wealth management services through its subsidiary, Kearny Wealth Management. This includes financial planning, investment management, and retirement planning.
Kearny Financial is committed to being a responsible corporate citizen and supports various community initiatives and charitable organizations. The company was recognized in 2019 as one of the Best Banks to Work for by American Banker Magazine.
Overall, Kearny Financial is a well-established financial company that offers a wide range of services to its customers while also prioritizing community involvement and employee satisfaction.
1. Strong Community Presence: Kearny Financial has a long history of supporting and engaging with the communities that it serves. The company actively participates in various philanthropic and community events and organizations, reinforcing its commitment to the local community.
2. Conservative Business Practices: The company follows a conservative approach to financial management, which has enabled it to thrive even during times of economic uncertainty. This has allowed them to consistently deliver strong financial results and maintain a high level of trust with its customers.
3. Customer-Centric Philosophy: Kearny Financial puts its customers at the center of its operations. The company strives to provide excellent customer service and offers a wide range of products and services tailored to meet the unique needs of its customers.
4. Strong Financials: Kearny Financial has a strong financial standing with a solid track record of consistent earnings and a robust balance sheet. This allows the company to invest in future opportunities and provide stability to its customers.
5. Experienced Leadership: The company has a team of experienced leaders in the financial industry who are dedicated to driving the company's growth and success. Their expertise and strategic vision have helped Kearny Financial become a leading financial institution.
6. Emphasis on Technology: Kearny Financial constantly invests in technology to enhance the customer experience and improve operational efficiency. This includes a user-friendly online and mobile banking platform, as well as innovative digital services.
7. Strong Ethical Standards: The company upholds high ethical standards in all aspects of its business, creating a strong culture of honesty and integrity. This has helped build long-term relationships with customers and establish a positive reputation in the industry.
8. Commitment to Employee Development: Kearny Financial values its employees and is committed to fostering a positive work environment. The company offers opportunities for growth and development, as well as competitive benefits and compensation packages.
9. Diversified Product Offerings: Kearny Financial offers a wide range of products and services, including traditional banking services, insurance, and investment services. This diversification allows the company to serve a variety of customer needs and adapt to changing market conditions.
10. Strong Corporate Governance: Kearny Financial has a well-structured corporate governance system in place, ensuring transparency and accountability. This helps maintain the trust of customers, investors, and regulators in the company.
Kearny Financial is a bank holding company that primarily operates through its subsidiary, Kearny Bank. Its business model is focused on providing financial products and services to individuals and small-to-medium sized businesses in its local markets in New Jersey and New York. Its main sources of revenue include interest income from loans and investments, fees from banking services, and income from mortgage banking activities. The company also generates income through its investment portfolio and through non-interest income sources such as wealth management services. Kearny Financial's business model prioritizes customer service, community involvement, and prudent risk management to drive growth and profitability.
1. Kearny Financial is a New Jersey-based financial services company, founded in 1884.
2. The company’s headquarters are located in Fairfield, New Jersey.
3. Kearny Financial is a publicly traded company and is listed on the NASDAQ stock exchange under the ticker KFED.
4. The company offers a range of financial services, including traditional banking services, commercial real estate financing, and wealth management.
5. Kearny Financial has over $6 billion in assets and operates over 50 branches across New Jersey, New York, and Pennsylvania.
6. In 2017, Kearny Financial completed a merger with Clifton Savings Bank, expanding its reach and customer base in New Jersey.
7. The company is named after the town of Kearny, New Jersey, where it was originally founded as a mutual savings and loan association.
8. In addition to its banking services, Kearny Financial also offers insurance and retirement planning services through its subsidiary, Kearny Bank Wealth Management.
9. The company has a strong commitment to community involvement and has a long history of supporting local charities and organizations through donations, sponsorships, and volunteer efforts.
10. Kearny Financial has received multiple awards and recognition for its financial performance and community involvement, including being named one of the Best Places to Work in New Jersey by NJBIZ magazine.