YOLFTbeta
Kearny Financial Corp

Kearny Financial Corp

KRNY · NASDAQ · Financial Services / Banks - Regional

9.15USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close9.15
Open9.17
Day Range9.08 – 9.24
52-Week Range5.97 – 10.24
Volume251.80K
Market Cap591.30M
P/E (TTM)16.42
Forward P/E11.49
EPS0.57
Dividend Yield4.70%
Beta0.61
50-Day Avg9.67
200-Day Avg8.44

About

Kearny Financial Corp. operates as the holding company for Kearny Bank that provides banking products and services in the United States. The company offers deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, individual retirement account, and certificates of deposit. It also provides loans, such as multifamily mortgage loans, nonresidential commercial real estate mortgage loans, commercial and industrial loans, construction loans, one-to four-family residential mortgage loans, residential mortgage loans, home equity loans, personal loans, and consumer loans; and overdraft lines of credit, as well as engages in investment activities. In addition, the company offers treasury management services, commercial deposit products, corporate banking services, wealth management services, and insurance brokerage services. It serves consumers, small and middle-market businesses, professionals, nonprofit organizations, and government entities through branch locations and digital banking channels. The company was founded in 1884 and is headquartered in Fairfield, New Jersey.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Craig L. Montanaro
  • Employees502
  • Headquarters120 Passaic Avenue, Fairfield, NJ, United States, 07004, USA
  • Websitehttps://www.kearnybank.com

Leadership

  • Mr. Craig L. MontanaroPresident, CEO & Director · b. 1966
  • Mr. Sean M. ByrnesExecutive VP & CFO · b. 1977
  • Mr. Keith SuchodolskiSenior EVP & COO · b. 1980
  • Mr. Anthony V. Bilotta Jr.Executive VP & Chief Banking Officer · b. 1960
  • Mr. Patrick M. JoyceExecutive VP & Chief Lending Officer · b. 1965
  • Mr. Timothy A. SwanssonExecutive VP and Chief Technology & Innovation Officer · b. 1977
  • Ms. Erika K. ParisiExecutive VP & Chief Administrative Officer · b. 1965
  • Ms. Cassia J. Beierle Esq.Executive VP & General Counsel · b. 1982
  • Mr. Thomas D. DeMediciExecutive VP & Chief Credit Officer · b. 1961
  • Ms. Gail M. CorriganSenior VP & Corporate Secretary

Financials

Income Statement

Currency: USD2002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Revenue107.93M98.34M78.65M91.94M92.65M98.05M99.42M99.43M96.01M105.22M100.69M104.65M103.94M113.98M137.62M150.44M184.69M250.89M252.93M256.06M240.21M178.62M326.88M343.53M347.14M
Growth (%)--8.88%-20.02%+16.90%+0.77%+5.83%+1.39%+0.01%-3.43%+9.59%-4.30%+3.92%-0.67%+9.66%+20.74%+9.32%+22.77%+35.84%+0.81%+1.24%-6.19%-25.64%+83.00%+5.09%+1.05%
Cost of Revenue54.45M44.70M32.10M30.49M38.72M51.04M50.62M44.52M38.94M36.84M34.12M26.46M25.38M31.54M42.59M41.90M52.84M85.58M88.05M48.73M22.15M120.34M192.50M191.90M170.73M
Gross Profit53.48M53.64M46.55M61.45M53.93M47.01M48.79M54.91M57.08M68.38M66.58M78.18M78.56M82.44M95.02M108.54M131.85M165.31M164.88M207.33M218.06M178.62M134.38M151.63M176.41M
Gross Margin49.55%54.55%59.19%66.84%58.21%47.95%49.08%55.23%59.45%64.98%66.12%74.71%75.58%72.33%69.05%72.15%71.39%65.89%65.19%80.97%90.78%100.00%41.11%44.14%50.82%
Operating Expense29.07M44.35M27.91M34.86M42.05M44.86M40.94M43.92M45.30M56.24M58.72M69.42M64.16M78.08M72.42M81.12M97.85M109.24M107.62M122.83M125.71M126.24M215.15M120.63M129.01M
Operating Income24.42M9.29M18.64M26.59M11.88M2.15M7.86M10.99M11.78M12.14M7.85M8.76M14.40M4.36M22.61M27.42M34.00M56.07M57.25M84.50M92.35M52.38M-80.78M31.00M47.40M
Operating Margin22.62%9.45%23.70%28.92%12.83%2.20%7.90%11.05%12.26%11.53%7.80%8.37%13.86%3.83%16.43%18.23%18.41%22.35%22.64%33.00%38.44%29.32%-24.71%9.02%13.66%
EBITDA28.54M11.21M20.59M28.78M15.45M5.67M11.02M12.79M13.54M14.45M10.67M11.50M17.17M7.50M25.76M30.40M37.59M61.53M63.06M91.34M99.00M58.67M-75.52M35.88M51.83M
EBITDA Margin26.44%11.40%26.18%31.30%16.68%5.78%11.08%12.87%14.10%13.73%10.60%10.99%16.52%6.58%18.72%20.21%20.35%24.52%24.93%35.67%41.22%32.85%-23.10%10.44%14.93%
Net Income16.49M4.05M12.90M18.90M9.61M1.93M5.90M6.39M6.81M7.85M5.08M6.51M10.19M5.63M15.82M18.60M19.60M42.14M44.97M63.23M67.55M40.81M-86.67M26.07M36.26M
Net Income Margin15.28%4.12%16.40%20.55%10.37%1.97%5.94%6.43%7.09%7.46%5.04%6.22%9.80%4.94%11.50%12.37%10.61%16.80%17.78%24.69%28.12%22.85%-26.51%7.59%10.45%
R&D-----------00------------
R&D as % of Total Revenue-----------0.00%0.00%------------
Interest Expense54.44M44.70M32.10M30.42M38.65M50.47M50.53M44.20M36.32M32.22M28.37M22.00M22.00M25.43M31.90M36.52M50.14M82.02M83.85M49.85M29.67M117.86M186.27M189.53M169.03M
Interest Expense % of Total Revenue50.44%45.45%40.81%33.09%41.71%51.47%50.82%44.45%37.83%30.62%28.17%21.02%21.16%22.31%23.18%24.27%27.15%32.69%33.15%19.47%12.35%65.98%56.99%55.17%48.69%

Balance Sheet

Currency: USD2001-06-302002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Total Assets--2.00B1.94B2.11B2.01B1.92B2.08B2.12B2.34B2.90B2.94B3.15B3.51B4.24B4.50B4.82B6.58B6.63B6.76B7.28B7.72B8.06B7.68B7.74B7.68B
Total Liabilities--1.70B1.64B1.60B1.52B1.45B1.61B1.65B1.85B2.42B2.45B2.68B3.02B3.07B3.35B3.76B5.31B5.51B5.67B6.24B6.83B7.20B6.93B6.99B6.92B
Total Equity--295.67M293.50M505.48M475.13M462.59M471.37M476.72M485.93M487.87M491.62M467.71M494.68M1.17B1.15B1.06B1.27B1.13B1.08B1.04B894.00M869.28M753.57M745.96M766.67M
Cash--114.66M39.49M139.87M230.28M163.34M131.72M211.53M181.42M222.58M155.58M127.03M135.03M340.14M199.20M78.24M128.86M38.94M180.97M67.86M101.61M70.52M63.86M167.27M114.82M
Total Debt--75.75M188.47M61.69M61.10M28.49M218.00M210.00M210.00M247.64M249.78M287.69M512.26M615.31M614.42M806.23M1.20B1.32B1.17B685.88M901.34M1.51B1.61B1.26B1.15B
Net Debt---38.91M148.98M-78.18M-169.17M-134.85M86.28M-1.52M28.58M25.06M94.19M160.66M377.22M231.36M415.22M727.99M1.07B1.28B992.20M618.02M799.72M1.44B1.55B1.09B1.04B

Cash Flow

Currency: USD2002-06-302003-06-302004-06-302005-06-302006-06-302007-06-302008-06-302009-06-302010-06-302011-06-302012-06-302013-06-302014-06-302015-06-302016-06-302017-06-302018-06-302019-06-302020-06-302021-06-302022-06-302023-06-302024-06-302025-06-302026-06-30
Operating Cash Flow21.16M9.37M14.60M19.63M15.14M12.56M16.25M20.16M12.73M28.79M37.36M29.92M26.01M20.50M39.18M38.53M45.09M39.00M19.82M75.42M81.30M69.55M43.97M24.77M36.89M
Investing Cash Flow-218.58M122.52M-243.43M-75.51M183.08M13.40M-193.77M42.87M-232.64M-13.26M-117.87M-284.36M-245.69M-525.39M-421.63M-453.55M-1.45M-147.94M84.97M-83.97M-479.95M-417.92M258.12M41.11M11.76M
Financing Cash Flow134.56M96.74M-57.34M156.25M-107.81M-92.89M145.91M16.78M189.81M25.63M13.52M225.89M227.68M709.99M241.52M294.06M6.98M19.02M37.24M-104.56M432.41M317.27M-308.74M37.52M-101.10M
Capital Expenditure4.43M3.71M8.08M9.88M2.86M1.36M1.44M2.33M1.26M1.66M1.80M1.04M3.56M2.05M2.19M4.04M8.27M6.14M5.96M5.46M2.92M1.35M1.35M3.38M2.46M
Free Cash Flow16.73M5.66M6.52M9.76M12.28M11.20M14.81M17.83M11.47M27.13M35.56M28.88M22.45M18.45M36.98M34.49M36.83M32.86M13.86M69.96M78.38M68.19M42.62M21.39M34.43M
Dividends Paid147.83M---3.79M--3.57M3.59M3.23M3.62M01.04B7.16M7.16M8.29M20.56M34.75M24.12M28.65M30.69M28.50M27.56M27.63M27.84M
FCF to OCF79.08%60.36%44.68%49.69%81.09%89.18%91.16%88.45%90.12%94.23%95.19%96.52%86.31%89.99%94.40%89.53%81.67%84.26%69.93%92.76%96.41%98.05%96.93%86.34%93.33%
Dividend Paid to FCF883.50%---30.92%--20.00%31.26%11.92%10.17%0.00%4612.31%38.83%19.37%24.02%55.83%105.73%174.02%40.95%39.16%41.79%64.67%129.20%80.84%

Earnings

Report DateMar 31, 2005Jun 30, 2005Sep 30, 2005Dec 31, 2005Mar 31, 2006Jun 30, 2006Sep 30, 2006Dec 31, 2006Mar 31, 2007Aug 10, 2007Nov 28, 2007Jan 31, 2008May 6, 2008Aug 6, 2008Oct 30, 2008Jan 29, 2009Apr 30, 2009Jul 30, 2009Oct 29, 2009Jan 29, 2010Apr 29, 2010Jul 29, 2010Oct 29, 2010Feb 4, 2011May 4, 2011Aug 12, 2011Nov 4, 2011Feb 2, 2012May 3, 2012Aug 3, 2012Nov 2, 2012Jan 31, 2013May 2, 2013Aug 1, 2013Oct 30, 2013Jan 30, 2014May 1, 2014Aug 6, 2014Oct 29, 2014Jan 28, 2015May 14, 2015Jul 30, 2015Oct 29, 2015Feb 4, 2016May 5, 2016Aug 4, 2016Oct 28, 2016Jan 30, 2017Apr 27, 2017Jul 28, 2017Oct 30, 2017Jan 30, 2018Apr 27, 2018Jul 30, 2018Oct 30, 2018Jan 30, 2019Apr 29, 2019Jul 30, 2019Oct 30, 2019Jan 30, 2020Apr 29, 2020Jul 31, 2020Oct 29, 2020Jan 28, 2021Apr 29, 2021Jul 29, 2021Oct 27, 2021Jan 27, 2022Apr 28, 2022Jul 28, 2022Oct 27, 2022Jan 26, 2023Apr 27, 2023Jul 27, 2023Oct 26, 2023Jan 25, 2024Apr 25, 2024Jul 25, 2024Oct 24, 2024Jan 30, 2025Apr 24, 2025Jul 24, 2025Oct 23, 2025Jan 22, 2026Apr 23, 2026Jul 23, 2026Oct 22, 2026
EPS Estimate---------------------0.020.020.010.020.040.040.02-0.010.010.010.010.010.020.030.030.030.030.040.040.040.050.040.060.060.060.050.060.050.050.070.070.090.120.120.120.120.100.130.110.100.110.150.180.210.220.220.220.220.240.140.150.130.140.130.110.100.090.110.110.130.140.160.160.170.17
EPS Actual0.040.080.030.020.020.020.010.010.000.000.010.010.030.010.020.020.010.010.010.020.020.020.010.020.030.040.020.010.020.010.020.010.020.020.030.040.030.030.030.020.04-0.040.030.040.050.050.050.060.050.050.070.060.080.120.120.120.130.100.140.130.090.170.170.200.200.240.280.260.250.180.250.170.170.190.160.110.120.090.100.100.110.110.150.150.160.15-
Surprise---------------------0.00%-50.00%100.00%50.00%0.00%-50.00%-50.00%-0.00%100.00%0.00%100.00%100.00%50.00%33.33%0.00%0.00%0.00%-50.00%0.00%-200.00%-40.00%0.00%-16.67%-16.67%-16.67%20.00%-16.67%0.00%40.00%-14.29%14.29%33.33%0.00%0.00%8.33%-16.67%40.00%0.00%-18.18%70.00%54.55%33.33%11.11%14.29%27.27%18.18%13.64%-18.18%4.17%21.43%13.33%46.15%14.29%-15.38%9.09%-10.00%11.11%-9.09%0.00%-15.38%7.14%-6.25%0.00%-11.76%-
Timing---------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap591.30M
Enterprise Value1.62B
Trailing P/E16.42
Forward P/E11.49
PEG Ratio15.99
Price / Sales3.35
Price / Book0.77
EPS0.57
Book Value12.17
Revenue (TTM)176.41M
Gross Profit (TTM)176.41M
Profit Margin20.56%
Operating Margin29.83%
Return on Equity4.80%
Return on Assets0.47%
Shares Outstanding63.17M
Shares Float60.07M
Beta0.61
Dividend Yield4.70%
Dividend Rate0.44
Payout Ratio72.13%

Analyst Ratings

Buy
Based on 2 analystsTarget 10.67
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
72.91%
Insiders
11.38%
Retail / Other
15.71%

Top Institutional Holders

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    2.99M4.74%
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    2.65M4.19%
  • Renaissance Technologies Corp
    2.63M4.17%
  • Vanguard Capital Management, LLC
    2.44M3.86%
  • Adage Capital Partners Gp LLC
    2.23M3.54%
  • AQR Capital Management LLC
    1.99M3.15%
  • State Street Corp
    1.87M2.96%
  • Two Sigma Investments LLC
    1.67M2.64%
  • Geode Capital Management, LLC
    1.48M2.34%
  • Arrowstreet Capital Limited Partnership
    1.44M2.27%
  • Hotchkis & Wiley Capital Management LLC
    1.22M1.93%
  • Amvescap Plc.
    819.08K1.30%
  • The Goldman Sachs Group Inc
    796.12K1.26%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    1.87M2.96%
  • iShares Russell 2000 ETF
    1.61M2.55%
  • T. Rowe Price Small-Cap Stock
    1.19M1.89%
  • Janus Henderson Small Cap Value L
    1.11M1.76%
  • BlackRock Advantage Small Cap Core Instl
    897.85K1.42%
  • DFA US Small Cap Value I
    877.20K1.39%

Dividends

20264×
0.11Nov 4, 20260.11Aug 12, 20260.11May 6, 20260.11Feb 4, 2026
20254×
0.11Nov 5, 20250.11Aug 12, 20250.11May 7, 20250.11Feb 12, 2025
20244×
0.11Nov 6, 20240.11Aug 12, 20240.11May 7, 20240.11Feb 6, 2024
20234×
0.11Nov 7, 20230.11Aug 8, 20230.11May 9, 20230.11Feb 7, 2023
20224×
0.11Nov 8, 20220.11Aug 9, 20220.11May 10, 20220.11Feb 8, 2022
20214×
0.11Nov 9, 20210.10Aug 31, 20210.10Jun 1, 20210.09Mar 2, 2021

Stock Splits

  • May 15, 201513804:10000