The bank maintains a defensive capital position with a consistent 0.10 equity-to-assets ratio, supported by a $983.3 million investment securities portfolio.
| Metric | TTM | Jun'25 | Jun'24 | Jun'23 | Jun'22 | Jun'21 | Jun'20 | Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 | Jun'09 | Jun'08 | Jun'07 | Jun'06 | Jun'05 | Jun'04 | Jun'03 |
|---|
| Cash & Short Term Investments | 4.58B | 1.18B | 1.14B | 1.3B | 1.45B | 1.74B | 1.57B | 753.2M | 853.95M | 692M | 589.11M | 760.8M | 542.93M | 427.16M | 168.19M | 222.58M | 181.42M | 211.53M | 131.72M | 163.34M | 230.28M | 139.87M | 39.49M | 114.66M |
| Cash & Due from Banks | 123.84M | 167.27M | 63.86M | 70.52M | 101.61M | 67.86M | 180.97M | 38.94M | 128.86M | 78.24M | 199.2M | 340.14M | 135.03M | 127.03M | 155.58M | 222.58M | 181.42M | 211.53M | 131.72M | 163.34M | 230.28M | 139.87M | 39.49M | 114.66M |
| Short Term Investments | 983.33M | 1.01B | 1.07B | 1.23B | 1.34B | 1.68B | 1.39B | 714.26M | 725.09M | 613.76M | 389.91M | 420.66M | 407.9M | 300.12M | 12.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Investments | 983.33M | 6.91B | 6.9B | 7.16B | 6.86B | 6.52B | 5.9B | 5.95B | 5.79B | 4.33B | 3.9B | 3.52B | 3.09B | 2.74B | 2.55B | 2.47B | 1.99B | 1.76B | 1.79B | 1.59B | 1.6B | 1.82B | 547.36M | 1.52B |
| Investments Growth % | -172.56% | 0.05% | -3.66% | 4.41% | 5.17% | 10.59% | -0.82% | 2.81% | 33.7% | 10.86% | 10.97% | 13.98% | 12.56% | 7.42% | 3.37% | 23.79% | 13.63% | -1.7% | 12.1% | -0.23% | -12.26% | 232.47% | -63.89% | - |
| Long-Term Investments | 11.74B | 5.89B | 5.83B | 5.94B | 5.52B | 4.85B | 4.51B | 5.23B | 5.06B | 3.71B | 3.51B | 3.1B | 2.68B | 2.44B | 2.54B | 2.47B | 1.99B | 1.76B | 1.79B | 1.59B | 1.6B | 1.82B | 547.36M | 1.52B |
| Accounts Receivables | 5.76B | 5.79B | 29.52M | 28.13M | 20.47M | 19.36M | 17.37M | 19.36M | 18.51M | 12.49M | 11.21M | 9.87M | 9.01M | 8.03M | 8.39M | 9.74M | 8.34M | 8.24M | 8.95M | 8.03M | 8.84M | 10.43M | 9.86M | 8.48M |
| Goodwill & Intangibles | 114.61M | 114.96M | 115.46M | 213.35M | 213.91M | 214.6M | 214.89M | 216.06M | 217.19M | 108.88M | 108.59M | 108.59M | 108.59M | 108.59M | 108.59M | 108.59M | 82.26M | 82.26M | 8.95M | 8.03M | 82.26M | 82.26M | 82.26M | 31.75M |
| Goodwill | 113.53M | 113.53M | 113.53M | 210.9M | 210.9M | 210.9M | 210.9M | 210.9M | 210.9M | 108.59M | 108.59M | 108.59M | 108.59M | 108.59M | 108.59M | 108.59M | 82.26M | 82.26M | 8.95M | 8.03M | 82.26M | 82.26M | 82.26M | 31.75M |
| Intangible Assets | 1.08M | 1.44M | 1.93M | 2.46M | 3.02M | 3.71M | 4M | 5.16M | 6.29M | 292K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 41.9M | 43.9M | 44.94M | 48.31M | 53.28M | 56.34M | 57.39M | 56.85M | 56.24M | 39.59M | 38.38M | 39.18M | 40.1M | 36.99M | 38.68M | 39.56M | 34.99M | 35.49M | 34.95M | 35.37M | 35.94M | 34.98M | 26.65M | 19.88M |
| Other Assets | 0 | -5.89B | 476.88M | 488.06M | 419.21M | 371.53M | 361.96M | 329.42M | 349.15M | 235.73M | 212.8M | 203.7M | 120.67M | 113.05M | 73.18M | 54.35M | 38M | 30.46M | 39.26M | 35.11M | 37.72M | 19.64M | 1.23B | 305.77M |
| Total Current Assets | 6.87B | 6.98B | 1.17B | 1.33B | 1.47B | 1.76B | 1.58B | 772.56M | 872.46M | 704.49M | 600.32M | 770.67M | 551.95M | 435.18M | 176.58M | 232.32M | 189.76M | 219.76M | 140.67M | 171.37M | 239.12M | 150.29M | 49.35M | 123.14M |
| Total Non-Current Assets | 207.46M | 214.06M | 6.52B | 6.74B | 6.25B | 5.52B | 5.17B | 5.86B | 5.71B | 4.11B | 3.9B | 3.47B | 2.96B | 2.71B | 2.76B | 2.67B | 2.15B | 1.91B | 1.94B | 1.75B | 1.75B | 1.96B | 1.89B | 1.87B |
| Total Assets | 7.61B | 7.74B | 7.68B | 8.06B | 7.72B | 7.28B | 6.76B | 6.63B | 6.58B | 4.82B | 4.5B | 4.24B | 3.51B | 3.15B | 2.94B | 2.9B | 2.34B | 2.12B | 2.08B | 1.92B | 2.01B | 2.11B | 1.94B | 2B |
| Asset Growth % | -3.91% | 0.74% | -4.73% | 4.47% | 5.99% | 7.78% | 1.86% | 0.84% | 36.56% | 7.07% | 6.2% | 20.72% | 11.59% | 7.09% | 1.13% | 24.12% | 10.11% | 2.01% | 8.65% | -4.5% | -4.72% | 8.8% | -3% | - |
| Return on Assets (ROA) | 0.47% | 0.34% | -1.1% | 0.52% | 0.9% | 0.9% | 0.67% | 0.64% | 0.34% | 0.4% | 0.36% | 0.15% | 0.31% | 0.21% | 0.17% | 0.3% | 0.31% | 0.3% | 0.3% | 0.1% | 0.47% | 0.93% | 0.66% | 0.2% |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Debt | 1.06B | 1.26B | 1.61B | 1.51B | 901.34M | 685.88M | 1.17B | 1.32B | 1.2B | 806.23M | 614.42M | 571.5M | 512.26M | 287.69M | 249.78M | 247.64M | 210M | 210M | 218M | 28.49M | 61.1M | 61.69M | 188.47M | 75.75M |
| Net Debt | 936.16M | 1.09B | 1.55B | 1.44B | 799.72M | 618.02M | 992.2M | 1.28B | 1.07B | 727.99M | 415.22M | 231.36M | 377.22M | 160.66M | 94.19M | 25.06M | 28.58M | -1.52M | 86.28M | -134.85M | -169.17M | -78.18M | 148.98M | -38.91M |
| Long-Term Debt | 900M | 1.11B | 1.43B | 1.28B | 651.34M | 685.88M | 1.17B | 1.32B | 1.2B | 806.23M | 614.42M | 571.5M | 512.26M | 287.69M | 249.78M | 247.64M | 210M | 210M | 218M | 28.49M | 61.1M | 61.69M | 94.23M | 75.75M |
| Short-Term Debt | 160M | 150M | 175M | 225M | 250M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 5.78B | 62.78M | 161.98M | 59.54M | 62.29M | 69.61M | 70.55M | 38.08M | 38.88M | 24.97M | 43.17M | 32.66M | 23.14M | 19.45M | 16.54M | 17.6M | 15.93M | 17M | 14.64M | 14.46M | 11.8M | 11.06M | -82.97M | 11.38M |
| Total Current Liabilities | 160M | 5.83B | 5.33B | 5.85B | 6.11B | 5.49B | 4.43B | 4.15B | 4.07B | 2.93B | 2.69B | 2.47B | 2.48B | 2.37B | 2.17B | 2.15B | 1.62B | 1.42B | 1.38B | 1.41B | 1.44B | 1.53B | 1.54B | 1.61B |
| Total Non-Current Liabilities | 6.68B | 1.17B | 1.6B | 1.34B | 713.63M | 755.49M | 1.24B | 1.36B | 1.24B | 831.2M | 657.6M | 604.16M | 535.39M | 307.14M | 273.59M | 266.91M | 230.32M | 227M | 232.64M | 42.95M | 72.9M | 72.75M | 105.5M | 87.13M |
| Total Liabilities | 6.84B | 6.99B | 6.93B | 7.2B | 6.83B | 6.24B | 5.67B | 5.51B | 5.31B | 3.76B | 3.35B | 3.07B | 3.02B | 2.68B | 2.45B | 2.42B | 1.85B | 1.65B | 1.61B | 1.45B | 1.52B | 1.6B | 1.64B | 1.7B |
| Total Equity | 763.03M | 745.96M | 753.57M | 869.28M | 894M | 1.04B | 1.08B | 1.13B | 1.27B | 1.06B | 1.15B | 1.17B | 494.68M | 467.71M | 491.62M | 487.87M | 485.93M | 476.72M | 471.37M | 462.59M | 475.13M | 505.48M | 293.5M | 295.67M |
| Equity Growth % | 2.89% | -1.01% | -13.31% | -2.76% | -14.28% | -3.8% | -3.81% | -11.16% | 20.01% | -7.88% | -1.69% | 135.99% | 5.77% | -4.86% | 0.77% | 0.4% | 1.93% | 1.13% | 1.9% | -2.64% | -6% | 72.22% | -0.73% | - |
| Equity / Assets (Capital Ratio) | 10.03% | 9.64% | 9.81% | 10.78% | 11.58% | 14.32% | 16.04% | 16.99% | 19.28% | 21.94% | 25.5% | 27.55% | 14.09% | 14.87% | 16.74% | 16.8% | 20.77% | 22.43% | 22.63% | 24.13% | 23.67% | 23.99% | 15.16% | 14.81% |
| Return on Equity (ROE) | 4.75% | 3.48% | -10.68% | 4.63% | 6.97% | 5.95% | 4.07% | 3.52% | 1.69% | 1.69% | 1.37% | 0.68% | 2.12% | 1.36% | 1.04% | 1.61% | 1.42% | 1.35% | 1.26% | 0.41% | 1.96% | 4.73% | 4.38% | 1.37% |
| Book Value per Share | 12.06 | 11.89 | 12.07 | 13.41 | 12.60 | 12.66 | 12.96 | 12.37 | 15.35 | 12.49 | 12.80 | 12.71 | 5.44 | 5.12 | 5.36 | 5.27 | 5.18 | 5.06 | 4.96 | 4.82 | 4.85 | 6.32 | 4.18 | 4.21 |
| Tangible BV per Share | 10.25 | 10.06 | 10.22 | 10.12 | 9.59 | 10.05 | 10.39 | 10.00 | 12.72 | 11.20 | 11.59 | 11.53 | 4.25 | 3.93 | 4.17 | 4.09 | 4.31 | 4.19 | 4.87 | 4.73 | 4.01 | 5.29 | 3.01 | 3.76 |
| Common Stock | 648K | 646K | 644K | 659K | 687K | 790K | 837K | 891K | 996K | 844K | 918K | 935K | 7.38M | 7.27M | 7.27M | 7.27M | 7.27M | 7.27M | 7.27M | 7.27M | 7.27M | 7.27M | 1K | 1K |
| Additional Paid-in Capital | 495.44M | 494.55M | 493.68M | 503.33M | 528.4M | 654.4M | 722.87M | 787.39M | 922.71M | 728.79M | 849.17M | 870.48M | 231.87M | 215.72M | 215.54M | 215.26M | 213.53M | 208.58M | 203.27M | 197.98M | 192.53M | 207.84M | 499K | 19.07M |
| Retained Earnings | 349.88M | 341.74M | 343.33M | 457.61M | 445.45M | 408.37M | 387.91M | 366.68M | 359.1M | 361.04M | 350.81M | 342.15M | 336.36M | 326.17M | 319.66M | 317.35M | 312.84M | 309.69M | 307.19M | 304.97M | 306.73M | 301.86M | 282.96M | 273.97M |
| Accumulated OCI | -65.43M | -72M | -63.16M | -69.46M | -55.73M | 6.14M | 1.26M | 2.84M | 18.54M | 1.04M | -16.79M | -7.76M | -2.28M | -4.14M | 23.6M | 15.43M | 16.71M | 8.32M | -14.33M | -23.27M | -31.4M | 5.49M | 10.05M | 7.77M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -74.77M | -71.98M | -67.66M | -59.2M | -54.74M | -45.98M | -32.02M | -24.36M | 0 | 0 | 0 | -4.28M |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NYC multi-family concentration
As reported in recent financial statements, KRNY has maintained a remarkably stable total asset base of approximately $7.6 billion throughout 2026, suggesting that management is prioritizing balance sheet preservation over aggressive expansion in the current high-interest rate environment while navigating regional economic headwinds.
The consistency in total assets indicates a strategic pivot toward maintaining existing scale rather than pursuing rapid loan growth. This approach appears to be a defensive posture designed to mitigate the risks associated with the bank's concentrated exposure to the New York and New Jersey commercial real estate markets.
Based on the provided quarterly data, KRNY has maintained a consistent equity-to-assets ratio of 0.10 throughout 2026, which implies that the bank possesses a robust capital buffer to absorb potential credit shocks despite the ongoing pressures on net interest margins and overall profitability.
This capital adequacy level suggests that the institution remains well-positioned to withstand localized economic volatility without immediate recourse to external financing. Investors should monitor whether this capital surplus is deployed for strategic consolidation or continues to serve as a defensive cushion against potential loan losses.
According to recent balance sheet filings, KRNY's investment securities portfolio remains a significant component of the asset mix at approximately $983.3 million in 2026Q3, indicating that the bank relies on these liquid assets to manage cash flow fluctuations and support operational liquidity requirements.
The active management of the securities portfolio appears to be a primary mechanism for balancing liquidity needs against the constraints of a fixed-rate loan book. This reliance on securities suggests that the bank's core deposit franchise may be facing competitive pressures that necessitate alternative sources of funding.
As indicated by the persistent 0.5% net interest margin observed in 2026, KRNY faces a structural duration mismatch where long-term, fixed-rate assets are funded by increasingly expensive, short-term liabilities, a trend that warrants further investigation into the bank's long-term interest rate sensitivity and earnings durability.
The inability to expand margins despite rising interest rates suggests that the bank's asset-liability management is constrained by the legacy structure of its loan portfolio. This mismatch may indicate that the bank is more vulnerable to sustained high-rate environments than its current capital ratios might otherwise suggest.
Quick answers to the most common questions about buying KRNY stock.
As of 2025, Kearny Financial Corp. (KRNY) had total assets of $7.74B including $6.98B in current assets.
Kearny Financial Corp. (KRNY) carries total debt of $1.26B. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Kearny Financial Corp. (KRNY) has total shareholders' equity (book value) of $746.0M ($11.89 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Kearny Financial Corp. (KRNY) reported a current ratio of 1.20x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.