CSIMarket
 

Kearny Financial Corp   (KRNY)
Other Ticker:  
 
    Sector  Financial    Industry S&Ls Savings Banks
   Industry S&Ls Savings Banks
   Sector  Financial

Kearny Financial 's

Competitiveness


 

KRNY Sales vs. its Competitors Q2 2024



Comparing the current results to its competitors, Kearny Financial reported Revenue decrease in the 2 quarter 2024 year on year by -19.47 %, despite the revenue increase by the most of its competitors of 30.19 %, recorded in the same quarter.

List of KRNY Competitors





Revenue Growth Comparisons




Net Income Comparison


Kearny Financial Corp , faster than the decline experienced by the competitors recorded a net loss, as well as most of its competitors.

<<  KRNY Stock Performance Comparisons


Kearny Financial 's Comment on Competitors and Industry Peers


We operate in a market area with a high concentration of banking and financial institutions and we face substantial competition in attracting deposits and in originating loans. A number of our competitors are significantly larger institutions with greater financial and managerial resources and lending limits. Our ability to compete successfully is a significant factor affecting our growth potential and profitability.


Our competition for deposits and loans historically has come from other insured financial institutions such as local and regional commercial banks, savings institutions and credit unions located in our primary market area. We also compete with mortgage banking and finance companies for real estate loans and with commercial banks and savings institutions for consumer loans. We also face competition for attracting funds from providers of alternative investment products such as equity and fixed income investments such as corporate, agency and government securities as well as the mutual funds that invest in these instruments.


There are large retail banking competitors operating throughout our primary market area, including Bank of America, Citibank, JP Morgan Chase Bank, PNC Bank, TD Bank, and Wells Fargo Bank and we also face strong competition from other community-based financial institutions.





  

Overall company Market Share Q2 2024

Overall company, revenue fell by -19.47 % and company lost market share, to approximately 6.24 %.




<<  More on KRNY Market Share.
 
*Market share is calculated based on total revenue.





Who are Kearny Financial Corp 's Competitors?




Banc Of California Inc
Share Performance



-1.56%
30 Days



Banc Of California Inc
Profile

Banc of California Inc is a bank holding company that operates through its subsidiary, Banc of California, N.A. The company provides banking products and services, including commercial banking, consumer banking, real estate lending, and institutional banking, primarily to individuals, small and medium-sized businesses, and institutional clients in California.

More about Banc Of California Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 2,356.282 mill. $ 689.950 mill. $ 121.638 mill.


Bcb Bancorp Inc
Share Performance



-3.44%
Over The Past 5 Days



Bcb Bancorp Inc
Profile

BCB Bancorp Inc operates as a bank holding company that provides banking and financial services to individuals and businesses. They generate revenue through interest earned on loans, interest and dividends from investment securities, and fees from various banking services such as deposits, loans, and merchant services.

More about Bcb Bancorp Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 200.319 mill. $ 91.235 mill. $ 21.456 mill.


Lakeland Bancorp Inc
Share Performance



-9.38%
This Year



Lakeland Bancorp Inc
Profile

Lakeland Bancorp Inc's business model focuses on providing a range of banking and financial services to individuals, businesses, and communities. Their model aims to deliver personalized customer service while pursuing profitable growth and maintaining strong relationships with their clients.

More about Lakeland Bancorp Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 886.156 mill. $ 289.814 mill. $ 84.730 mill.


Magyar Bancorp Inc
Share Performance



+28.57%
One Year



Magyar Bancorp Inc
Profile

Magyar Bancorp Inc's business model revolves around providing banking and financial services to individuals and businesses.

More about Magyar Bancorp Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 78.702 mill. $ 30.040 mill. $ 7.425 mill.


Oceanfirst Financial Corp
Share Performance



+11.56%
This Quarter



Oceanfirst Financial Corp
Profile

OceanFirst Financial Corp is a financial institution engaged in providing a wide range of banking and financial services to individuals and businesses throughout New Jersey. The company operates through multiple branches and offers various products such as mortgages, loans, savings accounts, and wealth management services. OceanFirst strives to maintain strong relationships with its customers while focusing on delivering convenient and innovative banking solutions.

More about Oceanfirst Financial Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,025.332 mill. $ 376.060 mill. $ 101.326 mill.


Provident Financial Services Inc
Share Performance



+21.60%
This Quarter



Provident Financial Services Inc
Profile

Provident Financial Services Inc operates as a holding company for The Provident Bank. Its business model revolves around providing a range of banking products and services to individuals, families, and businesses in New Jersey and eastern Pennsylvania. By focusing on customer relationships, community involvement, and prudent financial management, Provident strives to meet the financial needs of its customers while fostering growth and profitability.

More about Provident Financial Services Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,820.289 mill. $ 427.175 mill. $ 76.456 mill.


Parke Bancorp Inc
Share Performance



+1.91%
This Year



Parke Bancorp Inc
Profile

Parke Bancorp Inc is a financial institution that operates as a bank holding company. Through its subsidiary, Parke Bank, it provides various banking services such as accepting deposits, originating loans, and offering other financial products to individuals and businesses. The company's business model primarily revolves around the traditional banking model of generating revenue through interest income, service fees, and other financial services.

More about Parke Bancorp Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 245.296 mill. $ 64.605 mill. $ 21.808 mill.


Unity Bancorp inc
Share Performance



+37.67%
One Year



Unity Bancorp inc
Profile

Unity Bancorp Inc is a community bank that primarily operates in New Jersey, USA. Their business model revolves around providing a range of personal and business banking services to individuals and small businesses in their local communities. They focus on building strong customer relationships, providing personalized banking solutions, and contributing to the growth and development of the local economy.

More about Unity Bancorp inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 328.625 mill. $ 99.340 mill. $ 38.760 mill.


Waterstone Financial Inc
Share Performance



-2.98%
Over The Past 5 Days



Waterstone Financial Inc
Profile

Waterstone Financial Inc is a bank holding company that operates through its subsidiary, WaterStone Bank SSB. Their business model revolves around providing a wide range of financial products and services, such as lending, deposit-taking, and mortgage banking. With a focus on personalized customer service, Waterstone Financial aims to generate revenue by collecting interest on loans and generating fee income from various financial activities.

More about Waterstone Financial Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 266.265 mill. $ 132.560 mill. $ 11.963 mill.



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com