Kearny Financial Corp - Understand $krny stock

$KRNY Market Cap: $430.1 Million

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Financial Snapshot

Revenue

$245.9M

TTM

Gross Margin

Net Earnings

-$81.86M

TTM

Current Assets

Current Liabilities

$17.41M

Q2 2024

Current Ratio

Total Assets

$7.683B

Q2 2024

Total Liabilities

$6.930B

Q2 2024

Book Value

$753.6M

Q2 2024

Cash

$63.86M

Q2 2024

P/E

-5.254

Sep 13, 2024 EST

Free Cash Flow

$30.34M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Revenue	$328.9M	$293.7M	$226.3M	$238.1M	$237.8M		$171.4M	$139.1M	$126.9M
YoY Change	11.96%	29.81%	-4.96%	0.12%			23.25%	9.62%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2018	2017	2016
Revenue	$328.9M	$293.7M	$226.3M	$238.1M	$237.8M	$171.4M	$139.1M	$126.9M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.700M	$5.700M	$6.656M	$6.840M	$5.820M	$5.460M	$3.580M	$2.980M	$3.160M	$3.130M	$2.770M	$2.750M	$2.830M	$2.310M	$1.770M	$1.810M	$2.100M	$2.570M	$2.540M	$2.190M	$1.950M	$1.920M
YoY Change	-17.54%	-14.36%	-2.69%	17.53%	6.59%	52.51%	20.13%	-5.7%	0.96%	13.0%	0.73%	-2.83%	22.51%	30.51%	-2.21%	-13.81%	-18.29%	1.18%	15.98%	12.31%	1.56%	-53.4%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2018	2017	2016	2015	2014
Interest Expense	$117.9M	$29.67M	$49.85M	$83.85M	$50.14M	$36.52M	$31.90M	$25.43M	$22.00M
YoY Change	297.25%	-40.48%	-40.55%		37.29%	14.47%	25.45%	15.61%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Pretax Income	-$80.78M	$52.38M	$92.35M	$84.50M	$57.25M	$56.07M	$34.00M	$27.42M	$22.61M	$4.360M	$14.41M	$8.756M	$7.900M	$12.10M	$11.80M	$11.00M	$7.900M	$2.200M	$11.90M	$26.60M	$18.60M	$9.300M
YoY Change	-254.21%	-43.28%	9.29%	47.59%	2.11%	64.91%	23.98%	21.31%	418.46%	-69.73%	64.52%	10.84%	-34.71%	2.54%	7.27%	39.24%	259.09%	-81.51%	-55.26%	43.01%	100.0%	-61.89%
Income Tax	$5.891M	$11.57M	$24.80M	$21.26M	$12.29M	$13.93M	$14.40M	$8.820M	$6.783M	-$1.269M	$4.217M	$2.250M	$2.800M	$4.300M	$5.000M	$4.600M	$2.000M	$200.0K	$2.300M	$7.700M	$5.700M	$5.200M
% Of Pretax Income		22.09%	26.86%	25.16%	21.46%	24.84%	42.36%	32.16%	30.01%	-29.11%	29.27%	25.7%	35.44%	35.54%	42.37%	41.82%	25.32%	9.09%	19.33%	28.95%	30.65%	55.91%
Net Earnings	-$86.67M	$40.81M	$67.55M	$63.23M	$44.97M	$42.14M	$19.60M	$18.60M	$15.82M	$5.629M	$10.19M	$6.506M	$5.100M	$7.900M	$6.800M	$6.400M	$5.900M	$1.900M	$9.600M	$18.90M	$12.90M	$4.100M
YoY Change	-312.36%	-39.58%	6.82%	40.63%	6.7%	115.05%	5.34%	17.58%	181.08%	-44.75%	56.59%	27.57%	-35.44%	16.18%	6.25%	8.47%	210.53%	-80.21%	-49.21%	46.51%	214.63%	-75.15%
Net Earnings / Revenue	-26.35%	13.89%	29.85%	26.56%	18.91%		11.43%	13.37%	12.47%
Basic Earnings Per Share	-$1.39	$0.63	$0.95	$0.77	$0.55	$0.46	$0.24	$0.22	$0.18	$0.06	$0.11	$0.07
Diluted Earnings Per Share	-$1.39	$0.63	$0.95	$0.77	$0.55	$0.46	$0.24	$0.22	$0.18	$0.06	$0.11	$0.07	$55.56K	$85.31K	$72.49K	$67.51K	$61.46K	$19.79K	$97.96K	$236.3K	$183.5K	$58.32K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$44.94M	$48.31M	$53.28M	$73.40M	$74.60M	$56.90M	$56.20M	$39.60M	$38.40M	$39.20M	$40.10M	$37.00M	$38.70M	$39.60M	$35.00M	$35.50M	$35.00M	$35.40M	$35.90M	$35.00M	$26.60M	$19.90M
YoY Change	-6.97%	-9.33%	-27.41%	-1.61%	31.11%	1.25%	41.92%	3.13%	-2.04%	-2.24%	8.38%	-4.39%	-2.27%	13.14%	-1.41%	1.43%	-1.13%	-1.39%	2.57%	31.58%	33.67%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$50.34M	$51.97M	$49.35M	$29.30M	$25.50M	$25.40M	$23.80M	$15.50M	$26.00M	$17.80M	$10.30M	$9.800M			$0.00	$1.400M	$9.000M	$11.60M
YoY Change	-3.14%	5.32%	68.43%	14.9%	0.39%	6.72%	53.55%	-40.38%	46.07%	72.82%	5.1%				-100.0%	-84.44%	-22.41%
Total Long-Term Assets
YoY Change
Total Assets	$7.683B	$8.065B	$7.720B	$7.284B	$6.758B	$6.635B	$6.580B	$4.818B	$4.500B	$4.237B	$3.510B	$3.145B	$2.937B	$2.904B	$2.340B	$2.125B	$2.083B	$1.917B	$1.992B	$2.107B	$1.937B	$1.997B
YoY Change
Accounts Payable	$17.41M
YoY Change
Accrued Expenses	$15.30M	$17.20M	$19.20M	$17.80M	$17.80M
YoY Change	-11.05%	-10.42%	7.87%	0.0%
Deferred Revenue
YoY Change
Short-Term Debt	$100.0M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$17.41M	$17.20M	$19.20M	$17.80M	$17.80M
YoY Change	1.22%	-10.42%	7.87%	0.0%
Long-Term Debt	$1.710B	$1.507B	$901.3M	$20.00M	$5.700M	$38.80M	$28.50M	$30.50M	$35.60M	$35.10M	$30.70M	$36.80M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	13.47%	67.18%	4406.69%	250.88%	-85.31%	36.14%	-6.56%	-14.33%	1.42%	14.33%	-16.58%
Other Long-Term Liabilities	$44.57M	$59.54M	$62.29M	$51.80M	$52.80M	$38.10M	$38.90M	$24.60M	$43.20M	$32.70M	$23.10M	$19.50M	$16.50M	$17.60M	$15.90M	$17.00M	$14.60M	$14.50M	$11.80M	$11.10M	$11.30M	$11.40M
YoY Change	-25.14%	-4.42%	20.25%	-1.89%	38.58%	-2.06%	58.13%	-43.06%	32.11%	41.56%	18.46%	18.18%	-6.25%	10.69%	-6.47%	16.44%	0.69%	22.88%	6.31%	-1.77%	-0.88%
Total Long-Term Liabilities	$1.754B	$1.566B	$963.6M	$71.80M	$58.50M	$76.90M	$67.40M	$55.10M	$78.80M	$67.80M	$53.80M	$56.30M	$16.50M	$17.60M	$15.90M	$17.00M	$14.60M	$14.50M	$11.80M	$11.10M	$11.30M	$11.40M
YoY Change	12.0%	62.55%	1242.1%	22.74%	-23.93%	14.09%	22.32%	-30.08%	16.22%	26.02%	-4.44%	241.21%	-6.25%	10.69%	-6.47%	16.44%	0.69%	22.88%	6.31%	-1.77%	-0.88%
Total Liabilities	$6.930B	$7.196B	$6.826B	$6.241B	$5.674B	$5.508B	$5.311B	$3.761B	$3.352B	$3.070B	$3.015B	$2.678B	$2.445B	$2.416B	$1.854B	$1.648B	$1.612B	$1.455B	$1.517B	$1.602B	$1.643B	$1.701B
YoY Change	-3.69%	5.42%	9.38%	9.99%	3.02%	3.7%	41.22%	12.19%	9.21%	1.81%	12.61%	9.5%	1.2%	30.34%	12.48%	2.26%	10.79%	-4.08%	-5.3%	-2.53%	-3.4%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Basic Shares Outstanding	62.44M shares	64.80M shares	70.91M	82.39M	82.41M	91.05M	82.59M	84.59M	89.59M	91.72M	90.83M	91.32M
Diluted Shares Outstanding	62.44M shares	64.80M shares	70.93M	82.39M	82.43M	91.10M	82.64M	84.66M	89.63M	91.84M	90.88M	91.32M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $430.1 Million

About Kearny Financial Corp

Kearny Financial Corp. operates as a holding company, which engages in the ownership and operation of Kearny Bank. The company is headquartered in Fairfield, New Jersey and currently employs 556 full-time employees. The company went IPO on 2005-02-24. The Bank is a New Jersey-chartered savings bank. The Bank is principally engaged in the business of attracting deposits from the general public and using these deposits, together with other funds, to originate or purchase loans for its portfolio and for sale on the secondary market. Its loan portfolio is comprised of multi-family mortgage loans, non-residential mortgage loans, commercial business loans, construction loans, one-to-four-family residential mortgage loans, home equity loans and other consumer loans. The firm also maintains a portfolio of investment securities, primarily comprised of United States agency mortgage-backed securities, obligations of state and political subdivisions, corporate bonds, asset-backed securities, and collateralized loan obligations. The Bank operates approximately 45 branch offices in New Jersey.

Industry: Savings Institution, Federally Chartered Peers: Capitol Federal Financial Inc Federal Agricultural Mortgage Corp Federal National Mortgage Association Luther Burbank Corp Merchants Bancorp Northfield Bancorp Inc NMI Holdings Inc Provident Financial Services Inc Rocket Companies Inc TrustCo Bank Corp NY