Kearny Financial Past Earnings Performance

Past criteria checks 0/6

Kearny Financial's earnings have been declining at an average annual rate of -30.7%, while the Banks industry saw earnings growing at 7% annually. Revenues have been declining at an average rate of 3.1% per year.

Key information

-30.7%

Earnings growth rate

-28.9%

EPS growth rate

Banks Industry Growth	11.2%
Revenue growth rate	-3.1%
Return on equity	-12.0%
Net Margin	-70.4%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Check Out Kearny Financial With Its Rising Dividends And Aggressive Share Repurchase

Dec 21

Kearny Financial Corp.'s (NASDAQ:KRNY) CEO Compensation Looks Acceptable To Us And Here's Why

Oct 22

Kearny Financial's Latest Buyback Could Boost Share Price

Oct 03

Revenue & Expenses Breakdown

How Kearny Financial makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NasdaqGS:KRNY Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	128	-90	98
30 Jun 24	134	-87	98
31 Mar 24	142	15	98
31 Dec 23	148	18	99
30 Sep 23	165	34	101
30 Jun 23	176	41	105
31 Mar 23	181	40	109
31 Dec 22	192	48	111
30 Sep 22	213	64	109
30 Jun 22	218	68	110
31 Mar 22	226	75	105
31 Dec 21	224	73	104
30 Sep 21	221	72	103
30 Jun 21	207	63	101
31 Mar 21	195	58	97
31 Dec 20	181	51	94
30 Sep 20	168	45	92
30 Jun 20	165	45	91
31 Mar 20	159	40	92
31 Dec 19	164	42	93
30 Sep 19	166	42	93
30 Jun 19	165	42	93
31 Mar 19	169	41	91
31 Dec 18	156	35	87
30 Sep 18	144	26	82
30 Jun 18	132	20	78
31 Mar 18	117	16	75
31 Dec 17	114	15	74
30 Sep 17	112	19	71
30 Jun 17	109	19	69
31 Mar 17	105	19	65
31 Dec 16	103	19	63
30 Sep 16	98	18	61
30 Jun 16	95	16	60
31 Mar 16	89	8	59
31 Dec 15	86	7	58
30 Sep 15	83	6	58
30 Jun 15	81	6	57
31 Mar 15	81	12	54
31 Dec 14	79	10	54
30 Sep 14	80	11	53
30 Jun 14	78	10	54
31 Mar 14	76	9	53
31 Dec 13	82	9	51

Quality Earnings: KRNY is currently unprofitable.

Growing Profit Margin: KRNY is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: KRNY is unprofitable, and losses have increased over the past 5 years at a rate of 30.7% per year.

Accelerating Growth: Unable to compare KRNY's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KRNY is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (-11.8%).

Return on Equity

High ROE: KRNY has a negative Return on Equity (-12.03%), as it is currently unprofitable.

Kearny Financial Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

Kearny Financial Corp. to Report Q1, 2025 Results on Oct 24, 2024

Kearny Financial Corp. Reports Goodwill Impairment and Net Charge-Offs for the Fourth Quarter Ended June 30, 2024

Kearny Financial Corp. to Report Q3, 2024 Results on Apr 25, 2024

Kearny Financial Corp. Announces Net Charge-Offs for the Quarter Ended December 31, 2023

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Kearny Financial Corp. to Report Q1, 2024 Results on Oct 26, 2023

Recent updates

Dividend Dependability Vs. Low-Growth Realities At Kearny Financial

First quarter dividend of US$0.11 announced

Kearny Financial Corp. Announces Quarterly Cash Dividend, Payable on November 20, 2024

Kearny Financial Corp. to Report Q1, 2025 Results on Oct 24, 2024

Now 23% overvalued after recent price rise

Kearny Financial Corp., Annual General Meeting, Oct 17, 2024

Now 21% overvalued after recent price rise

Fourth quarter dividend of US$0.11 announced

Price target increased by 8.0% to US$6.75

Kearny Financial Corp. Reports Goodwill Impairment and Net Charge-Offs for the Fourth Quarter Ended June 30, 2024

Investor sentiment improves as stock rises 17%

Kearny Financial Corp. Announces Chief Financial Officer Changes, Effective July 1, 2024

Kearny Financial (NASDAQ:KRNY) Has Affirmed Its Dividend Of $0.11

Consensus EPS estimates increase by 44%

Price target decreased by 9.1% to US$6.25

Price target decreased by 18% to US$6.88

Kearny Financial Corp. to Report Q3, 2024 Results on Apr 25, 2024

Independent Director recently bought US$61k worth of stock

Investor sentiment deteriorates as stock falls 16%

Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11

Consensus EPS estimates fall by 59%

Upcoming dividend of US$0.11 per share at 5.6% yield

Second quarter dividend of US$0.11 announced

Kearny Financial Corp. Announces Net Charge-Offs for the Quarter Ended December 31, 2023

Kearny Financial Corp. Announces Declaration of Cash Dividend, Payable on February 21, 2024

Now 22% overvalued after recent price rise

Upcoming dividend of US$0.11 per share at 6.3% yield

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Kearny Financial Corp. Declares Quarterly Cash Dividend, Payable on November 22, 2023

Price target decreased by 9.4% to US$7.25

Kearny Financial Corp., Annual General Meeting, Oct 26, 2023

Kearny Financial Corp. to Report Q1, 2024 Results on Oct 26, 2023

Full year 2023 earnings released: EPS: US$0.63 (vs US$0.95 in FY 2022)

Insider recently bought US$86k worth of stock

Kearny Financial (NASDAQ:KRNY) Is Due To Pay A Dividend Of $0.11

Upcoming dividend of US$0.11 per share at 5.1% yield

Price target increased by 10% to US$8.00

Investor sentiment improves as stock rises 16%

Kearny Financial Corp. Reports Net Charges Off for the Quarter Ended June 30, 2023

Price target decreased by 7.3% to US$8.50

Price target decreased by 8.5% to US$9.00

Kearny Financial Corp. and Kearny Bank Appoints Two New Directors

Kearny Financial Corp. to Report Q4, 2023 Results on Jul 27, 2023

Director recently bought US$52k worth of stock

Upcoming dividend of US$0.11 per share at 5.9% yield

Third quarter 2023 earnings released: EPS: US$0.16 (vs US$0.25 in 3Q 2022)

Price target decreased by 9.0% to US$10.17

Independent Director recently bought US$75k worth of stock

Consensus EPS estimates fall by 19%

Upcoming dividend of US$0.11 per share at 4.7% yield

Kearny Financial Corp. Reports Unaudited Net Charge Offs for the Second Quarter Ended December 31, 2022

Second quarter 2023 earnings: EPS misses analyst expectations

Kearny Financial Corp. to Report Q2, 2023 Results on Jan 26, 2023

Insufficient new directors

Investor sentiment deteriorated over the past week

Consensus forecasts updated

Upcoming dividend of US$0.11 per share

Kearny Financial (NASDAQ:KRNY) Has Announced A Dividend Of $0.11

Price target decreased to US$11.67

Kearny Financial Corp. Declares Quarterly Cash Dividend, Payable on November 23, 2022

Kearny Financial Aggressively Buying Back Shares

Kearny Financial Corp., Annual General Meeting, Oct 27, 2022

Kearny Financial Corp. to Report Q1, 2023 Results on Oct 27, 2022

Full year 2022 earnings: EPS misses analyst expectations

Upcoming dividend of US$0.11 per share

Kearny Financial authorizes 4M repurchase plan and completes 10% buyback

Kearny Financial Corp. Announces Declaration of Cash Dividend, Payable on August 24, 2022

Kearny Financial Continuing To Do What It Does Best

Kearny Financial Corp.(NasdaqGS:KRNY) dropped from Russell 2000 Growth-Defensive Index