Kearny Financial Corp. (KRNY) 10-Year Financial Performance & Capital Metrics

KRNY • • Banking & Credit

Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks

AboutKearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. It also provides various loans, such as multi-family and nonresidential real estate mortgage loans, commercial term loans and lines of credit, one- to four-family first mortgage loans, and home equity loans and lines of credit; loans to individuals for the construction or renovation of one- to four-family residences, or for the construction of commercial real estate or multi-family residential buildings; overdraft lines of credit; and personal loans. In addition, the company engages in investment activities. As of August 18, 2021, it operated a total of 48 branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York. The company was founded in 1884 and is headquartered in Fairfield, New Jersey.Show more

Net Interest Income $135M -5.4%
Total Revenue $344M +5.1%
Net Income $26M +130.1%
Return on Equity 3.48% +132.6%
Net Interest Margin 1.74% -6.1%
Efficiency Ratio 35.12% -46.7%
ROA 0.34% +130.7%
Equity / Assets 9.64% -1.7%
Book Value per Share 11.89 -1.4%
Tangible BV/Share 10.06 -1.5%
Debt/Equity 1.68 -21.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓Efficient operations: 35.1% efficiency ratio
✓Healthy dividend yield of 5.6%
✓Trading near 52-week high
✓Trading at only 0.7x book value

✗Weaknesses

✗Profits declining 10.3% over 5 years
✗Weak NIM of 1.7%
✗Dividend payout exceeds 100% of earnings

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y11.66%

5Y6.31%

3Y12.67%

TTM-

Profit (Net Income) CAGR

10Y16.57%

5Y-10.33%

3Y-27.19%

TTM132.61%

EPS CAGR

10Y21.48%

5Y-5.25%

3Y-23.82%

TTM134.25%

ROCE

10Y Avg1.91%

5Y Avg2.03%

3Y Avg0.22%

Latest1.45%

Peer Comparison

Northeast Community Banks

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
DCOMDime Community Bancshares, Inc.	1.37B	31.13	56.60	0.1%	4.5%	4.02%	6.79%	0.70
EBCEastern Bankshares, Inc.	4.4B	19.56	29.64	91.64%	11.17%	1.3%	6.14%	0.01
LYGLloyds Banking Group plc	80.5B	5.48	21.92	10.79%	11.75%	9.93%		1.76
CFGCitizens Financial Group, Inc.	26.03B	60.61	20.00	1.31%	12.22%	6.6%	7.22%	0.51
PFSProvident Financial Services, Inc.	2.65B	20.29	19.32	63.91%	10.13%	7.51%	16.04%	0.93
CBUCommunity Bank System, Inc.	3.3B	62.73	18.24	24.44%	19.4%	10.34%	6.71%	0.57
VLYValley National Bancorp	6.7B	12.02	17.42	6.51%	10.65%	6.53%	8.18%	0.50
INDBIndependent Bank Corp.	3.8B	76.62	16.95	6.89%	19.72%	7.76%	5.51%	0.23

Profit & Loss

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Net Interest Income+	94.98M	102.57M	121.29M	155.31M	153.95M	188.23M	196.6M	175.87M	142.59M	134.94M
NII Growth %	0.18%	0.08%	0.18%	0.28%	-0.01%	0.22%	0.04%	-0.11%	-0.19%	-0.05%
Net Interest Margin %	-	-	-	-	-	-	-	-	-	-
Interest Income	126.89M	139.09M	171.43M	237.33M	237.8M	238.09M	226.27M	293.72M	328.87M	324.48M
Interest Expense	31.9M	36.52M	50.14M	82.02M	83.85M	49.85M	29.67M	117.86M	186.27M	189.53M
Loan Loss Provision	10.69M	5.38M	2.71M	3.56M	4.2M	-1.12M	-7.52M	2.49M	6.23M	2.37M
Non-Interest Income+	10.73M	11.35M	13.26M	13.55M	15.12M	17.97M	13.93M	2.75M	-1.99M	19.05M
Non-Interest Income %	-	-	-	-	-	-	-	-	-	-
Total Revenue+	137.62M	150.44M	184.69M	250.89M	252.93M	256.06M	240.21M	296.48M	326.88M	343.53M
Revenue Growth %	0.21%	0.09%	0.23%	0.36%	0.01%	0.01%	-0.06%	0.23%	0.1%	0.05%
Non-Interest Expense	72.42M	81.12M	97.85M	109.24M	107.62M	122.83M	125.71M	123.75M	215.15M	120.63M
Efficiency Ratio	-	-	-	-	-	-	-	-	-	-
Operating Income+	22.61M	27.42M	34M	56.07M	57.25M	84.5M	92.35M	52.38M	-80.78M	31M
Operating Margin %	-	-	-	-	-	-	-	-	-	-
Operating Income Growth %	4.18%	0.21%	0.24%	0.65%	0.02%	0.48%	0.09%	-0.43%	-2.54%	1.38%
Pretax Income+	22.61M	27.42M	34M	56.07M	57.25M	84.5M	92.35M	52.38M	-80.78M	31M
Pretax Margin %	-	-	-	-	-	-	-	-	-	-
Income Tax+	6.78M	8.82M	14.4M	13.93M	12.29M	21.26M	24.8M	11.57M	5.89M	4.92M
Effective Tax Rate %	-	-	-	-	-	-	-	-	-	-
Net Income+	15.82M	18.6M	19.6M	42.14M	44.97M	63.23M	67.55M	40.81M	-86.67M	26.07M
Net Margin %	-	-	-	-	-	-	-	-	-	-
Net Income Growth %	1.81%	0.18%	0.05%	1.15%	0.07%	0.41%	0.07%	-0.4%	-3.12%	1.3%
Net Income (Continuing)	15.82M	18.6M	19.6M	42.14M	44.97M	63.23M	67.55M	40.81M	-86.67M	26.07M
EPS (Diluted)+	0.18	0.22	0.24	0.46	0.55	0.77	0.95	0.63	-1.39	0.42
EPS Growth %	2%	0.22%	0.09%	0.92%	0.2%	0.4%	0.23%	-0.34%	-3.21%	1.3%
EPS (Basic)	0.18	0.22	0.24	0.46	0.55	0.77	0.95	0.63	-1.39	0.42
Diluted Shares Outstanding	89.63M	84.66M	82.64M	91.1M	83.66M	82.39M	70.93M	64.8M	62.44M	62.72M

Balance Sheet

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash & Short Term Investments+	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Cash & Due from Banks	199.2M	78.24M	128.86M	38.94M	180.97M	67.86M	101.61M	70.52M	63.86M	167.27M
Short Term Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Total Investments+	3.9B	4.33B	5.79B	5.95B	5.9B	6.52B	6.86B	7.16B	6.9B	6.91B
Investments Growth %	0.11%	0.11%	0.34%	0.03%	-0.01%	0.11%	0.05%	0.04%	-0.04%	0%
Long-Term Investments	3.51B	3.71B	5.06B	5.23B	4.51B	4.85B	5.52B	5.94B	5.83B	5.89B
Accounts Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Goodwill & Intangibles+	-	-	-	-	-	-	-	-	-	-
Goodwill	108.59M	108.59M	210.9M	210.9M	210.9M	210.9M	210.9M	210.9M	113.53M	113.53M
Intangible Assets	0	292K	6.29M	5.16M	4M	3.71M	3.02M	2.46M	1.93M	1.44M
PP&E (Net)	38.38M	39.59M	56.24M	56.85M	57.39M	56.34M	53.28M	48.31M	44.94M	43.9M
Other Assets	212.8M	235.73M	349.15M	329.42M	361.96M	371.53M	419.21M	488.06M	476.88M	-5.89B
Total Current Assets	600.32M	704.49M	872.46M	772.56M	1.58B	1.76B	1.47B	1.33B	1.17B	6.98B
Total Non-Current Assets	3.9B	4.11B	5.71B	5.86B	5.17B	5.52B	6.25B	6.74B	6.52B	214.06M
Total Assets+	4.5B	4.82B	6.58B	6.63B	6.76B	7.28B	7.72B	8.06B	7.68B	7.74B
Asset Growth %	0.06%	0.07%	0.37%	0.01%	0.02%	0.08%	0.06%	0.04%	-0.05%	0.01%
Return on Assets (ROA)	0%	0%	0%	0.01%	0.01%	0.01%	0.01%	0.01%	-0.01%	0%
Accounts Payable	0	0	0	0	0	0	0	0	0	0
Total Debt+	614.42M	806.23M	1.2B	1.32B	1.17B	685.88M	901.34M	1.51B	1.61B	1.26B
Net Debt	415.22M	727.99M	1.07B	1.28B	992.2M	618.02M	799.72M	1.44B	1.55B	1.09B
Long-Term Debt	614.42M	806.23M	1.2B	1.32B	1.17B	685.88M	651.34M	1.28B	1.43B	1.11B
Short-Term Debt	0	0	0	0	0	0	250M	225M	175M	150M
Other Liabilities	43.17M	24.97M	38.88M	38.08M	70.55M	69.61M	62.29M	59.54M	161.98M	62.78M
Total Current Liabilities	2.69B	2.93B	4.07B	4.15B	4.43B	5.49B	6.11B	5.85B	5.33B	5.83B
Total Non-Current Liabilities	657.6M	831.2M	1.24B	1.36B	1.24B	755.49M	713.63M	1.34B	1.6B	1.17B
Total Liabilities	3.35B	3.76B	5.31B	5.51B	5.67B	6.24B	6.83B	7.2B	6.93B	6.99B
Total Equity+	1.15B	1.06B	1.27B	1.13B	1.08B	1.04B	894M	869.28M	753.57M	745.96M
Equity Growth %	-0.02%	-0.08%	0.2%	-0.11%	-0.04%	-0.04%	-0.14%	-0.03%	-0.13%	-0.01%
Equity / Assets (Capital Ratio)	-	-	-	-	-	-	-	-	-	-
Return on Equity (ROE)	0.01%	0.02%	0.02%	0.04%	0.04%	0.06%	0.07%	0.05%	-0.11%	0.03%
Book Value per Share	12.80	12.49	15.35	12.37	12.96	12.66	12.60	13.41	12.07	11.89
Tangible BV per Share	-	-	-	-	-	-	-	-	-	-
Common Stock	918K	844K	996K	891K	837K	790K	687K	659K	644K	646K
Additional Paid-in Capital	849.17M	728.79M	922.71M	787.39M	722.87M	654.4M	528.4M	503.33M	493.68M	494.55M
Retained Earnings	350.81M	361.04M	359.1M	366.68M	387.91M	408.37M	445.45M	457.61M	343.33M	341.74M
Accumulated OCI	-16.79M	1.04M	18.54M	2.84M	1.26M	6.14M	-55.73M	-69.46M	-63.16M	-90.97M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Preferred Stock	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Jun 2016	Jun 2017	Jun 2018	Jun 2019	Jun 2020	Jun 2021	Jun 2022	Jun 2023	Jun 2024	Jun 2025
Cash from Operations+	39.18M	38.53M	45.09M	39M	19.32M	75.42M	81.3M	69.55M	43.97M	24.77M
Operating CF Growth %	0.91%	-0.02%	0.17%	-0.14%	-0.5%	2.9%	0.08%	-0.14%	-0.37%	-0.44%
Net Income	15.82M	18.6M	19.6M	42.14M	44.97M	63.23M	67.55M	40.81M	-86.67M	26.07M
Depreciation & Amortization	3.15M	2.98M	3.59M	5.46M	5.81M	6.84M	6.66M	6.3M	5.26M	4.88M
Deferred Taxes	-1.58M	-1.84M	6.7M	4.54M	665K	4.15M	5.02M	2.79M	-867K	-942K
Other Non-Cash Items	26.16M	18.69M	10.31M	-18.25M	-13.82M	-12.2M	2.54M	33.01M	134.56M	1.97M
Working Capital Changes	-7.29M	-6.73M	-4.29M	-3.69M	-26.53M	5.65M	-6.8M	-18.23M	-12.31M	-10.39M
Cash from Investing+	-421.63M	-453.55M	-1.45M	-147.94M	85.47M	-83.97M	-479.95M	-417.92M	258.12M	41.11M
Purchase of Investments	-29.78M	-203.48M	-311.77M	-181.15M	-489.37M	-930.99M	-315.55M	-207.64M	-76.36M	-107.85M
Sale/Maturity of Investments	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Net Investment Activity	-	-	-	-	-	-	-	-	-	-
Acquisitions	0	0	30.1M	0	0	4.3M	0	0	0	0
Other Investing	-591.24M	-592.8M	-138.62M	-170.33M	197.28M	225.99M	-598.08M	-450.9M	87.89M	-47.11M
Cash from Financing+	241.52M	294.06M	6.98M	19.02M	37.24M	-104.56M	432.41M	317.27M	-308.74M	37.52M
Dividends Paid	-7.16M	-8.29M	-20.56M	-34.75M	-24.12M	-28.65M	-30.69M	-28.5M	-27.56M	-27.63M
Share Repurchases	-22.29M	-126M	-143.97M	-142.7M	-70.86M	-119.82M	-130.5M	-28.02M	-11.72M	-362K
Stock Issued	0	0	0	0	0	0	0	0	0	0
Net Stock Activity	-	-	-	-	-	-	-	-	-	-
Debt Issuance (Net)	1000K	1000K	-1000K	1000K	-1000K	-1000K	1000K	1000K	1000K	-1000K
Other Financing	228.03M	236.55M	193.88M	75.3M	283.41M	595.35M	378.6M	-231.21M	-471.96M	519.02M
Net Change in Cash+	-140.94M	-120.96M	50.63M	-89.93M	142.03M	-113.11M	33.76M	-31.1M	-6.65M	103.41M
Exchange Rate Effect	0	0	0	0	0	0	0	0	0	0
Cash at Beginning	340.14M	199.2M	78.24M	128.86M	38.94M	180.97M	67.86M	101.61M	70.52M	63.86M
Cash at End	199.2M	78.24M	128.86M	38.94M	180.97M	67.86M	101.61M	70.52M	63.86M	167.27M
Interest Paid	31.7M	36.05M	49.58M	78.12M	88.74M	50.49M	28.82M	108.52M	184.94M	194.26M
Income Taxes Paid	9.18M	9.48M	9.33M	6.7M	11.81M	19.73M	15.55M	9.88M	6.63M	4.06M
Free Cash Flow+	36.98M	34.49M	36.83M	32.86M	13.36M	69.96M	78.38M	68.19M	42.62M	21.39M
FCF Growth %	1%	-0.07%	0.07%	-0.11%	-0.59%	4.23%	0.12%	-0.13%	-0.38%	-0.5%

Banking Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	1.37%	1.69%	1.69%	3.52%	4.07%	5.95%	6.97%	4.63%	-10.68%	3.48%
Return on Assets (ROA)	0.36%	0.4%	0.34%	0.64%	0.67%	0.9%	0.9%	0.52%	-1.1%	0.34%
Net Interest Margin	2.11%	2.13%	1.84%	2.34%	2.28%	2.58%	2.55%	2.18%	1.86%	1.74%
Efficiency Ratio	52.62%	53.92%	52.98%	43.54%	42.55%	47.97%	52.33%	41.74%	65.82%	35.12%
Equity / Assets	25.5%	21.94%	19.28%	16.99%	16.04%	14.32%	11.58%	10.78%	9.81%	9.64%
Book Value / Share	12.8	12.49	15.35	12.37	12.96	12.66	12.6	13.41	12.07	11.89
NII Growth	17.84%	7.99%	18.25%	28.05%	-0.88%	22.27%	4.45%	-10.55%	-18.92%	-5.37%
Dividend Payout	45.28%	44.54%	104.92%	82.45%	53.64%	45.31%	45.44%	69.83%	-	105.98%

Revenue by Segment

	2019	2020	2021	2022	2023	2024	2025
Products And Services, Miscellaneous	-	-	-	-	6.25M	3.36M	3.37M
Products And Services, Miscellaneous Growth	-	-	-	-	-	-46.32%	0.33%
Deposit Related Fees And Charges	1.54M	-	-	1.73M	1.88M	1.77M	1.87M
Deposit Related Fees And Charges Growth	-	-	-	-	8.54%	-5.79%	5.30%
Electronic Banking Fees And Charges Interchange Income	1.05M	-	-	1.63M	1.76M	2.36M	1.72M
Electronic Banking Fees And Charges Interchange Income Growth	-	-	-	-	8.18%	34.00%	-27.15%
Financial Service	-	6.65M	5.62M	-	-	-	-
Financial Service Growth	-	-	-15.42%	-	-	-	-
Credit And Debit Card	-	1.25M	1.72M	-	-	-	-
Credit And Debit Card Growth	-	-	37.91%	-	-	-	-

Frequently Asked Questions

Valuation & Price

Kearny Financial Corp. (KRNY) has a price-to-earnings (P/E) ratio of 18.8x. This is roughly in line with market averages.

Growth & Financials

Kearny Financial Corp. (KRNY) grew revenue by 5.1% over the past year. This is steady growth.

Yes, Kearny Financial Corp. (KRNY) is profitable, generating $29.5M in net income for fiscal year 2025 (7.6% net margin).

Dividend & Returns

Yes, Kearny Financial Corp. (KRNY) pays a dividend with a yield of 5.57%. This makes it attractive for income-focused investors.

Kearny Financial Corp. (KRNY) has a return on equity (ROE) of 3.5%. This is below average, suggesting room for improvement.

Industry Metrics

Kearny Financial Corp. (KRNY) has a net interest margin (NIM) of 1.7%. NIM has been under pressure due to interest rate environment.

Kearny Financial Corp. (KRNY) has an efficiency ratio of 35.1%. This is excellent, indicating strong cost control.

US Stock Screener

...