Kearny Financial (KRNY) Soars 5.15% on December 12

Kearny Financial (KRNY) Soars 5.15% on December 12

Kearny Financial (KRNY) had a good day on the market for Wednesday December 12 as shares jumped 5.15% to close at $12.87. About 553,060 shares traded hands on 4,441 trades for the day, compared with an average daily volume of n/a shares out of a total float of 99.63 million. After opening the trading day at $12.38, shares of Kearny Financial stayed within a range of $12.89 to $12.31.

With today’s gains, Kearny Financial now has a market cap of $1.28 billion.

The stock has a P/E Ratio of 58.1. Shares of Kearny Financial have been trading within a range of $14.85 and $12.15 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Kearny Financial Corp is a Maryland holding company for Kearny Bank, a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank’s loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank’s primary source of income is net interest income.

Kearny Financial is based out of Fairfield, NJ and has some 565 employees. Its CEO is Craig L. Montanaro.

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