Theodore Aanensen - Kearny Financial Independent Director

KRNY Stock  USD 5.84  0.30  5.42%   

Director

Mr. Theodore J. Aanensen is an Independent Director of Kearny Financial Corporationration He is an owner and President of Aanensens, a luxury home remodeling and custom cabinetry company established in Kearny, New Jersey in 1951. A graduate of Upsala College in 1966, he was President of Aanensens since 1982. He served as Chairman of the Board of Kearny Bank from January 2000 through January 2004 and as Chairman of the Board of Kearny Financial from March 2001 through January 2004. He currently serves on the Board of Directors of Kearny Bank and Kearny Financial. With over 50 years of business experience, Mr. Aanensen has strong leadership, sales and customer assessment skills since 1986.
Age 72
Tenure 38 years
Address 120 Passaic Avenue, Fairfield, NJ, United States, 07004
Phone973 244 4500
Webhttps://www.kearnybank.com
Aanensen has developed a broad understanding of Kearny Bank’s industry based on his service on the Board of Directors since 1986, strengthening the Board’s collective knowledge of our business and the policies and practices of the Board as its governing body.

Kearny Financial Management Efficiency

Return On Equity is likely to rise to 0.04 in 2024, whereas Return On Tangible Assets are likely to drop 0 in 2024. At this time, Kearny Financial's Total Assets are fairly stable compared to the past year. Total Current Assets is likely to rise to about 2.3 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.3 B in 2024. Kearny Financial's management efficiency ratios could be used to measure how well Kearny Financial manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 1.51 B in liabilities with Debt to Equity (D/E) ratio of 2.92, implying the company greatly relies on financing operations through barrowing. Debt can assist Kearny Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Kearny Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kearny Financial Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kearny to invest in growth at high rates of return. When we think about Kearny Financial's use of debt, we should always consider it together with cash and equity.

Similar Executives

Showing other executives

DIRECTOR Age

Mark HarrisonHome Federal Bancorp
58
Jean LacOrange County Bancorp
61
Joann CPAFirst Financial Northwest
69
Eric OnnenCommunity West Bancshares
56
Daniel StevensFirst Financial Northwest
70
Carolyn WallaceFirst Capital
44
Kathryn ErnstbergerFirst Capital
52
Jennifer ZaccardoFirst Northwest Bancorp
63
Richard JacobsonFirst Financial Northwest
61
Cindy FinnieFirst Northwest Bancorp
65
Thomas TrawickHome Federal Bancorp
48
James SimsCommunity West Bancshares
78
Richard RiccobonoFirst Financial Northwest
52
Lloyd EisenmanFirst Northwest Bancorp
74
Mark ShiremanFirst Capital
62
Jean BloisCommunity West Bancshares
86
Warren DeatsOrange County Bancorp
N/A
Pamela KraftFirst Capital
54
Timothy WilhiteHome Federal Bancorp
48
Tom DobynsCommunity West Bancshares
N/A
Lou MooreFirst Capital
N/A
Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. Kearny Financial Corp. was founded in 1884 and is headquartered in Fairfield, New Jersey. Kearny Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 596 people. Kearny Financial Corp (KRNY) is traded on NASDAQ Exchange in USA. It is located in 120 Passaic Avenue, Fairfield, NJ, United States, 07004 and employs 556 people. Kearny Financial is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

Kearny Financial Corp Leadership Team

Elected by the shareholders, the Kearny Financial's board of directors comprises two types of representatives: Kearny Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kearny. The board's role is to monitor Kearny Financial's management team and ensure that shareholders' interests are well served. Kearny Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kearny Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrick Joyce, Chief Lending Officer, Executive VP, Chief Lending Officer of Kearny Federal Savings Bank and Executive VP of Kearny Federal Savings Bank
Anthony Bilotta, Executive Vice President Chief Banking Officer
John Dunne, Executive Officer
Thomas DeMedici, Executive Vice President and Chief Credit Officer
Raymond Chandonnet, Director
John McGovern, Independent Director
Sean Byrnes, Executive CFO
Eric Heyer, CFO and Executive VP
Leopold Montanaro, Director
Charles Pivirotto, Director
Taryn Rockwell, IR Contact Officer
Theodore Aanensen, Independent Director
Catherine Lawton, Independent Director
Joseph Mazza, Independent Director
Matthew McClane, Independent Director
John Regan, Independent Director
Erika Parisi, Executive VP, Branch Administrator, Executive VP of Kearny Federal Savings Bank and Branch Administrator of Kearny Federal Savings Bank
Christopher Petermann, Director
Timothy Swansson, Executive Officer
Paul Aguggia, Director
Keith Suchodolski, CFO, Executive Vice President
John Mazur, Independent Chairman of the Board
John Hopkins, Director
Gail Corrigan, Senior Secretary
Sharon Jones, Senior Vice President Corporate Secretary of the Company and the Bank
Cynthia Sisco, Director
William Ledgerwood, COO, Sr. Executive VP, COO of Kearny Federal Savings Bank and Executive VP of Kearny Federal Savings Bank
Craig Montanaro, CEO and President Director, CEO of Kearny Federal Savings Bank and President of Kearny Federal Savings Bank and Director of Kearny Federal Savings Bank

Kearny Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Kearny Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Kearny Financial Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kearny Financial's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Kearny Financial Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kearny Financial Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kearny Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Kearny Stock analysis

When running Kearny Financial's price analysis, check to measure Kearny Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kearny Financial is operating at the current time. Most of Kearny Financial's value examination focuses on studying past and present price action to predict the probability of Kearny Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kearny Financial's price. Additionally, you may evaluate how the addition of Kearny Financial to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
ETF Categories
List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Commodity Directory
Find actively traded commodities issued by global exchanges
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Is Kearny Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kearny Financial. If investors know Kearny will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kearny Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
0.44
Earnings Share
0.29
Revenue Per Share
2.339
Quarterly Revenue Growth
(0.49)
The market value of Kearny Financial Corp is measured differently than its book value, which is the value of Kearny that is recorded on the company's balance sheet. Investors also form their own opinion of Kearny Financial's value that differs from its market value or its book value, called intrinsic value, which is Kearny Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kearny Financial's market value can be influenced by many factors that don't directly affect Kearny Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kearny Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kearny Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kearny Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.