Thomas DeMedici - Kearny Financial Executive Vice President and Chief Credit Officer

KRNY Stock  USD 7.01  0.05  0.72%   

President

Mr. Thomas D. DeMedici is an Executive Vice President and Chief Credit Officer of Kearny Bank in June 2017, having previously served as Senior Vice President and Chief Credit Officer of Kearny Bank since September 2010. He is a seasoned Banking professional with over 34 years of banking experience since 2017.
Age 63
Tenure 7 years
Address 120 Passaic Avenue, Fairfield, NJ, United States, 07004-3510
Phone(973) 244-4500
Webhttps://www.kearnybank.com

Latest Insider Transactions

2024-08-12Disposed of 6304 shares @ 6View
DeMedici during his career has held previous positions at other Banking institutions including Executive Vice President/Chief Lending Officer and President and Chief Operating Officer.

Thomas DeMedici Latest Insider Activity

Tracking and analyzing the buying and selling activities of Thomas DeMedici against Kearny Financial stock is an integral part of due diligence when investing in Kearny Financial. Thomas DeMedici insider activity provides valuable insight into whether Kearny Financial is net buyers or sellers over its current business cycle. Note, Kearny Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell Kearny Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Kearny Financial Management Efficiency

The company has return on total asset (ROA) of (0.011) % which means that it has lost $0.011 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1068) %, meaning that it created substantial loss on money invested by shareholders. 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. Return On Capital Employed is likely to rise to 0.02 in 2024, despite the fact that Return On Tangible Assets are likely to grow to (0.01). At this time, Kearny Financial's Non Current Assets Total are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 7.5 B in 2024, whereas Total Assets are likely to drop slightly above 4.7 B in 2024.
Kearny Financial Corp currently holds 1.73 B in liabilities with Debt to Equity (D/E) ratio of 2.92, implying the company greatly relies on financing operations through barrowing. Note, when we think about Kearny Financial's use of debt, we should always consider it together with its cash and equity.

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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, 07004-3510 and employs 552 people. Kearny Financial is listed under Regional Banks 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.
Erika Parisi, Executive VP, Branch Administrator, Executive VP of Kearny Federal Savings Bank and Branch Administrator of Kearny Federal Savings Bank
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
Taryn Rockwell, IR Contact Officer
Timothy Swansson, Executive Officer
Sean Byrnes, Executive CFO
Keith Suchodolski, CFO, Executive Vice President
Thomas DeMedici, Executive Vice President and Chief Credit Officer
Gail Corrigan, Senior Secretary
Linda Hanlon, Senior 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

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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.