← Kearny Financial Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total interest income | $126.9m |
$139.1m
+9.62%
|
$171.4m
+23.25%
|
$237.3m
+38.44%
|
$233.2m
-1.74%
|
$234.4m
+0.49%
|
$226.3m
-3.45%
|
$293.7m
+29.81%
|
$328.9m
+11.96%
|
$324.5m
-1.34%
|
— | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | $2.6m | — | — | — | — | |
| Gain (Loss) on Sales of Mortgage Backed Securities (MBS) | — | ($391k) | — | — | — | — | — | — | — | — | — | |
| Noninterest income: | ||||||||||||
| Total non-interest income | $10.7m | $11.3m | $13.3m | $13.6m | $19.7m | $24.8m | $13.9m | $2.8m | ($2.0m) | $19.1m | — | |
| Net interest income | $95.0m |
$102.6m
+7.99%
|
$121.3m
+18.25%
|
$155.3m
+28.05%
|
$149.4m
-3.84%
|
$184.5m
+23.54%
|
$196.6m
+6.55%
|
$175.9m
-10.55%
|
$142.6m
-18.92%
|
$134.9m
-5.37%
|
$155.3m
+15.07%
|
|
| Interest Income (Expense), Net | $95.0m |
$102.6m
+7.99%
|
$121.3m
+18.25%
|
$155.3m
+28.05%
|
$149.4m
-3.84%
|
$184.5m
+23.54%
|
$196.6m
+6.55%
|
$175.9m
-10.55%
|
$142.6m
-18.92%
|
$134.9m
-5.37%
|
$324.3m
+140.33%
|
|
| Marketing and Advertising Expense | $2.0m | $2.6m | $3.0m | $3.1m | $2.8m | $2.2m | $2.1m | $2.1m | $1.4m | $1.9m | — | |
| Labor and Related Expense | $42.1m | $47.8m | $54.0m | $63.0m | $62.0m | $68.8m | $76.3m | $75.6m | $69.2m | $70.9m | — | |
| Salaries and employee benefits | $42.1m | $47.8m | $54.0m | $63.0m | $62.0m | $68.8m | $76.3m | $75.6m | $69.2m | $70.9m | — | |
| Amortization of Intangible Assets | $167k | $138k | $364k | $1.1m | $1.2m | $980k | $685k | $563k | $526k | $495k | — | |
| Noninterest expense: | ||||||||||||
| Total non-interest expense | $72.4m | $81.1m | $97.8m | $109.2m | $107.6m | $125.9m | $125.7m | $123.8m | $215.2m | $120.6m | — | |
| Interest expense: | ||||||||||||
| Total interest expense | $31.9m | $36.5m | $50.1m | $82.0m | $83.9m | $49.9m | $29.7m | $117.9m | $186.3m | $189.5m | — | |
| Interest income: | ||||||||||||
| Net interest income after provision for credit losses | $84.3m |
$97.2m
+15.30%
|
$118.6m
+22.01%
|
$151.8m
+27.97%
|
$145.2m
-4.35%
|
$185.6m
+27.88%
|
$204.1m
+9.96%
|
$173.4m
-15.06%
|
$136.4m
-21.35%
|
$132.6m
-2.78%
|
$155.3m
+17.13%
|
|
| Debt and Equity Securities, Gain (Loss) | $2k | ($1k) | $8k | ($323k) | $2.2m | $767k | ($559k) | ($15.2m) | ($18.1m) | $0 | — | |
| Gain (loss) on sale of loans | $436k | $1.5m | $1.0m | $580k | $3.2m | $5.6m | $2.5m | ($1.6m) | ($282k) | $806k | — | |
| Other income | $256k | $344k | $395k | $475k | $194k | $1.8m | $1.6m | $6.3m | $3.4m | $3.4m | — | |
| Other expense | $9.6m | $11.0m | $11.1m | $14.8m | $13.2m | $17.3m | $12.8m | $12.9m | $13.4m | $13.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $22.6m | $27.4m | $34.0m | $56.1m | $57.3m | $84.5m | $92.3m | $52.4m | ($80.8m) | $31.0m | $47.4m | |
| Current Income Tax Expense (Benefit) | $8.4m | $10.7m | $7.6m | $9.4m | $11.6m | $17.1m | $19.8m | $8.8m | $6.8m | $5.9m | $11.1m | |
| Income Tax Expense (Benefit) | $6.8m | $8.8m | $14.4m | $13.9m | $12.3m | $21.3m | $24.8m | $11.6m | $5.9m | $4.9m | $11.1m | |
| Net Income (Loss) Attributable to Parent | $15.8m |
$18.6m
+17.58%
|
$19.6m
+5.34%
|
$42.1m
+115.05%
|
$45.0m
+6.70%
|
$63.2m
+40.63%
|
$67.5m
+6.82%
|
$40.8m
-39.58%
|
($86.7m)
-312.36%
|
$26.1m
+130.09%
|
$36.3m
+39.08%
|
|
| Earnings Per Share, Basic | $0.18 | $0.22 | $0.24 | $0.46 | $0.55 | $0.77 | $0.95 | $0.63 | ($1.39) | $0.42 | $0.58 | |
| Earnings Per Share, Diluted | $0.18 | $0.22 | $0.24 | $0.46 | $0.55 | $0.77 | $0.95 | $0.63 | ($1.39) | $0.42 | $0.57 | |
| Common Stock, Dividends, Per Share, Declared | $0.08 | $0.10 | $0.25 | $0.37 | $0.29 | $0.35 | $0.43 | $0.44 | $0.44 | $0.44 | — | |
| Basic (in shares) | $89.6m | $84.6m | $82.6m | $91.1m | $82.4m | $82.4m | $70.9m | $64.8m | $62.4m | $62.5m | $62.9m | |
| Diluted (in shares) | $89.6m | $84.7m | $82.6m | $91.1m | $82.4m | $82.4m | $70.9m | $64.8m | $62.4m | $62.7m | $63.2m | |
| Weighted Average Number of Shares Outstanding, Basic | 89.6m | 84.6m | 82.6m | 91.1m | 82.4m | 82.4m | 70.9m | 64.8m | 62.4m | 62.5m | 62.9m | |
| Weighted Average Number of Shares Outstanding, Diluted | 89.6m | 84.7m | 82.6m | 91.1m | 82.4m | 82.4m | 70.9m | 64.8m | 62.4m | 62.7m | 63.2m | |
| Additional Financial Items | ||||||||||||
| Other Interest and Dividend Income | $1.8m | $2.1m | $3.3m | $4.9m | $4.5m | $3.0m | $1.7m | $5.0m | $9.2m | $8.0m | — | |
| Bank Owned Life Insurance Income | $5.6m | $5.2m | $5.4m | $6.3m | $6.2m | $6.3m | $6.2m | $8.6m | $9.1m | $10.7m | — | |
| Business Combination, Acquisition Related Costs | — | — | $6.7m | — | — | — | — | — | — | — | — | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | — | $2.5m | $6.2m | $2.4m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $97.4m | $0 | $0 | |
| Loans | $98.0m | $111.2m | $138.4m | $192.4m | $187.0m | $198.5m | $190.5m | $233.1m | $256.0m | $263.0m | — | |
| Taxable investment securities | $7.7m | $9.5m | $27.1m | $37.2m | $39.3m | $31.2m | $32.7m | $54.9m | $63.3m | $53.2m | — | |
| Tax-exempt investment securities | $2.2m | $2.3m | $2.6m | $2.8m | $2.4m | $1.7m | $1.3m | $694k | $336k | $234k | — | |
| Other interest-earning assets | $1.8m | $2.1m | $3.3m | $4.9m | $4.5m | $3.0m | $1.7m | $5.0m | $9.2m | $8.0m | — | |
| Deposits | $18.7m | $22.1m | $29.6m | $52.5m | $58.9m | $31.5m | $15.2m | $78.2m | $122.4m | $140.3m | — | |
| Borrowings | $13.2m | $14.4m | $20.5m | $29.5m | $25.0m | $18.3m | $14.5m | $39.7m | $63.9m | $49.3m | — | |
| Provision for credit losses | — | — | — | $3.6m | $4.2m | ($1.1m) | ($7.5m) | $2.5m | $6.2m | $2.4m | — | |
| Fees and service charges | $3.5m | $3.3m | $5.4m | $5.4m | $10.8m | $10.5m | $2.6m | $3.1m | $2.6m | $2.5m | — | |
| Loss on sale and call of securities | $2k | ($1k) | $8k | ($323k) | $2.2m | $767k | ($559k) | ($15.2m) | ($18.1m) | $0 | — | |
| Loss on sale of other real estate owned | ($137k) | ($106k) | ($19k) | ($11k) | ($28k) | $0 | $5k | ($139k) | ($974k) | $0 | — | |
| Income from bank owned life insurance | $5.6m | $5.2m | $5.4m | $6.3m | $6.2m | $6.3m | $6.2m | $8.6m | $9.1m | $10.7m | — | |
| Electronic banking fees and charges | $1.1m | $1.1m | $1.1m | $1.1m | $1.2m | $1.7m | $1.6m | $1.8m | $2.4m | $1.7m | — | |
| Net occupancy expense of premises | $7.5m | $8.0m | $9.2m | $11.2m | $11.4m | $12.7m | $14.1m | $12.0m | $11.0m | $11.5m | $12.3m | |
| Equipment and systems | $7.7m | $8.3m | $9.5m | $12.3m | $11.8m | $14.9m | $15.9m | $14.6m | $15.2m | $15.7m | — | |
| Advertising and marketing | $2.0m | $2.6m | $3.0m | $3.1m | $2.8m | $2.2m | $2.1m | $2.1m | $1.4m | $1.9m | — | |
| Federal deposit insurance premium | $2.7m | $1.3m | $1.5m | $1.8m | $286k | $1.9m | $2.5m | $5.1m | $6.0m | $5.9m | — | |
| Directors' compensation | $812k | $2.0m | $2.8m | $3.0m | $3.1m | $3.0m | $2.1m | $1.4m | $1.5m | $1.4m | — | |
| Goodwill impairment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $97.4m | $0 | $0 |