Day: April 27, 2023

ATLANTA, April 27, 2023 (GLOBE NEWSWIRE) — The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a first quarter 2023 cash dividend at an annualized rate of 6.50 percent. “FHLBank Atlanta remains focused on fulfilling its mission as a liquidity provider to our members through all economic cycles, including the recent market volatility experienced during the first quarter,” said FHLBank Atlanta Chair of the Board, Thornwell Dunlap. “The board of directors is pleased to return value to our members through this first quarter dividend.” The dividend payout will be calculated based on members’ capital stock held during the first quarter of 2023 and will be credited to members’ daily investment accounts at the close of business on May 2, 2023. If you have questions, please contact FHLBank Atlanta’s...

FAIRFIELD, N.J., April 27, 2023 (GLOBE NEWSWIRE) — Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended March 31, 2023 of $10.3 million, or $0.16 per diluted share, compared to $2.0 million, or $0.03 per diluted share, for the quarter ended December 31, 2022. Net income for the quarters ended March 31, 2023 and December 31, 2022 was impacted by various non-recurring items, as described in further detail below. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable on May 24, 2023 to stockholders of record as of May 10, 2023. Craig L. Montanaro, President and Chief Executive Officer, commented, “While my comments in recent quarters have featured the terms ‘risk’ and ‘uncertainty’,...