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Director Wong-Zaza Melvina of Kearny Financial Corp (NASDAQ:KRNY) acquired 1,500 shares of common stock on August 1, 2025, in a purchase transaction. The shares were bought at $5.992, slightly above the current trading price of $5.87, for a total transaction value of $8,988. The purchase comes as the stock has declined about 15% year-to-date, though InvestingPro analysis suggests the stock is currently undervalued.
Following the transaction, Wong-Zaza Melvina directly owns 29,035 shares of Kearny Financial Corp, a regional bank with a market capitalization of $367 million. The company offers a notable 7.5% dividend yield and analysts expect a return to profitability this year. For deeper insights into insider trading patterns and additional analysis, InvestingPro subscribers have access to exclusive financial metrics and real-time alerts.
In other recent news, Kearny Financial Corp. reported its fourth-quarter net income at $6.8 million, or $0.11 per diluted share. This marks a slight increase from the previous quarter’s net income of $6.6 million, maintaining the same earnings per share. The company experienced a 10 basis point increase in its net interest margin, reaching 2.00% for the fourth quarter. Kearny Financial’s net interest income rose by 5.3%, amounting to $35.8 million. Additionally, pre-tax, pre-provision earnings per share saw a significant rise of 23%, reaching $0.16 per diluted share. These developments reflect the company’s ongoing financial performance.
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