Kearny Financial Corp. (KRNY)

Kearny Financial Income Statement

Financials in millions USD. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Interest Income on Loans	261.59	256.01	233.15	190.52	202.24	191.6
Interest Income on Investments	68.22	72.86	60.58	35.75	35.85	46.21
Total Interest Income	329.81	328.87	293.72	226.27	238.09	237.8
Interest Paid on Deposits	136.25	122.41	78.16	15.21	31.54	58.85
Interest Paid on Borrowings	60.91	63.86	39.7	14.46	18.32	25
Total Interest Expense	197.16	186.27	117.86	29.67	49.85	83.85
Net Interest Income	132.65	142.59	175.87	196.6	188.23	153.95
Net Interest Income Growth (YoY)	-15.80%	-18.92%	-10.55%	4.45%	22.27%	-0.88%
Gain (Loss) on Sale of Assets	-	-	2.9	-	-	-
Gain (Loss) on Sale of Investments	-	-18.14	-15.23	-0.56	0.77	2.25
Other Non-Interest Income	19.61	17.4	16.86	11.95	11.63	9.72
Total Non-Interest Income	19.51	-1.99	2.75	13.93	17.97	15.12
Non-Interest Income Growth (YoY)	-	-	-80.26%	-22.47%	18.85%	11.57%
Revenues Before Loan Losses	152.16	140.6	178.62	210.54	206.21	169.07
Provision for Loan Losses	4.09	6.23	2.49	-7.52	-1.12	4.2
Revenue	148.07	134.38	176.13	218.06	207.33	164.88
Revenue Growth (YoY)	-0.20%	-23.71%	-19.23%	5.17%	25.75%	-0.26%
Salaries and Employee Benefits	66.08	65.22	69.96	69.92	61.06	53.78
Occupancy Expenses	11.23	11.03	11.79	14.11	12.67	11.42
Federal Deposit Insurance	6.03	5.98	5.13	2.46	1.94	0.29
Selling, General & Administrative	21.5	22.13	22.94	26.42	27.77	25.86
Other Non-Interest Expense	12.75	13.42	12.38	12.8	17.3	13.17
Total Non-Interest Expense	117.59	117.78	122.19	125.71	120.74	104.52
EBT Excluding Unusual Items	30.48	16.59	53.94	92.35	86.59	60.36
Other Unusual Items	-	-	-	-	2.26	-2.16
Pretax Income	-66.89	-80.78	52.38	92.35	84.5	57.25
Income Tax Expense	3.14	5.89	11.57	24.8	21.26	12.29
Net Income	-70.02	-86.67	40.81	67.55	63.23	44.97
Net Income to Common	-70.02	-86.67	40.81	67.55	63.23	44.97
Net Income Growth	-	-	-39.58%	6.82%	40.63%	6.70%
Basic Shares Outstanding	62	62	65	71	82	82
Diluted Shares Outstanding	62	62	65	71	82	82
Shares Change (YoY)	-1.74%	-3.64%	-8.64%	-13.91%	-0.05%	-9.52%
EPS (Basic)	-1.12	-1.39	0.63	0.95	0.77	0.55
EPS (Diluted)	-1.13	-1.39	0.63	0.95	0.77	0.55
EPS Growth	-	-	-33.71%	23.78%	40.66%	18.62%
Dividend Per Share	0.440	0.440	0.440	0.430	0.350	0.290
Dividend Growth	0%	0%	2.33%	22.86%	20.69%	38.10%
Effective Tax Rate	-	-	22.09%	26.86%	25.16%	21.46%

Source: S&P Capital IQ. Banks template. Financial Sources.