Breakdown | |||||
TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
293.64M | 134.38M | 178.62M | 210.54M | 206.21M | 169.07M | Gross Profit |
293.64M | 140.60M | 178.62M | 210.54M | 206.21M | 169.07M | EBIT |
106.17M | 0.00 | 52.38M | 122.02M | 84.50M | 57.25M | EBITDA |
18.82M | 0.00 | 58.67M | 99.00M | 91.34M | 63.06M | Net Income Common Stockholders |
-70.02M | -86.67M | 40.81M | 67.55M | 63.23M | 44.97M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
1.04B | 63.86M | 1.30B | 1.45B | 1.74B | 1.57B | Total Assets |
7.73B | 7.68B | 8.06B | 7.72B | 7.28B | 6.76B | Total Debt |
1.26B | 1.61B | 1.51B | 901.34M | 685.88M | 1.17B | Net Debt |
1.12B | 1.55B | 1.44B | 799.72M | 618.02M | 992.20M | Total Liabilities |
6.99B | 6.93B | 1.51B | 6.83B | 685.88M | 5.67B | Stockholders Equity |
744.85M | 753.57M | 869.28M | 894.00M | 1.04B | 1.08B |
Cash Flow | Free Cash Flow | ||||
22.75M | 42.62M | 68.19M | 78.38M | 69.96M | 13.86M | Operating Cash Flow |
26.52M | 43.97M | 69.55M | 81.30M | 75.42M | 19.82M | Investing Cash Flow |
125.02M | 258.12M | -417.92M | -479.95M | -83.97M | 84.97M | Financing Cash Flow |
-83.84M | -308.74M | 317.27M | 432.41M | -104.56M | 37.24M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
78 Outperform | $397.22M | 8.68 | 14.36% | 2.18% | 12.02% | 26.09% | |
77 Outperform | $486.56M | 11.70 | 16.22% | 2.83% | 23.96% | 47.39% | |
77 Outperform | $434.95M | 10.17 | 15.17% | 1.22% | 6.99% | 12.46% | |
69 Neutral | $374.93M | 13.14 | 13.33% | 1.59% | 14.44% | 16.49% | |
64 Neutral | $12.67B | 9.74 | 7.58% | 17015.08% | 12.21% | -6.96% | |
62 Neutral | $374.35M | 9.57 | 11.58% | 3.54% | 1.99% | 17.65% | |
50 Neutral | $387.48M | ― | -8.86% | 7.33% | 7.93% | -570.64% |
On April 24, 2025, Kearny Financial Corp. announced its third-quarter fiscal 2025 results, reporting a net income of $6.6 million, or $0.11 per diluted share, consistent with the previous quarter. The company also declared a quarterly cash dividend of $0.11 per share, payable on May 21, 2025. The quarter saw an expansion in net interest margin by eight basis points, attributed to growth in net loans and deposits, and a decrease in the cost of funds. Despite fluctuations in US Treasury rates, Kearny Financial remains confident in its core business performance. The company’s total assets increased slightly to $7.73 billion, with notable growth in loans receivable and deposits. However, non-interest income decreased due to lower gains on loan sales and electronic banking fees. Non-interest expenses rose due to increased salaries, benefits, and advertising costs. The company’s asset quality remained stable, with non-performing assets steady at $37.7 million.
Spark’s Take on KRNY Stock
According to Spark, TipRanks’ AI Analyst, KRNY is a Neutral.
Kearny Financial faces significant financial challenges, with declining revenues and profitability being key concerns. Technical indicators suggest bearish momentum. The high dividend yield is a bright spot for income-oriented investors, but the negative P/E ratio and financial instability warrant caution. Positive corporate events provide some optimism, but risks remain prevalent.
To see Spark’s full report on KRNY stock, click here.