Kearny Financial Corp.

NasdaqGS:KRNY Stock Report

Market Cap: US$451.1m

Kearny Financial Valuation

Is KRNY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KRNY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KRNY ($7.07) is trading above our estimate of fair value ($6.22)

Significantly Below Fair Value: KRNY is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KRNY?

Key metric: As KRNY is an unprofitable bank we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for KRNY. This is calculated by dividing KRNY's market cap by their current book value.
What is KRNY's PB Ratio?
PB Ratio0.6x
BookUS$751.54m
Market CapUS$451.05m

Price to Book Ratio vs Peers

How does KRNY's PB Ratio compare to its peers?

The above table shows the PB ratio for KRNY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average0.8x
FFWM First Foundation
0.5x109.3%US$497.4m
HONE HarborOne Bancorp
0.8x42.2%US$503.2m
FFIC Flushing Financial
0.6x65.9%US$420.0m
HIFS Hingham Institution for Savings
1.3xn/aUS$560.5m
KRNY Kearny Financial
0.6x138.6%US$451.1m

Price-To-Book vs Peers: KRNY is good value based on its Price-To-Book Ratio (0.6x) compared to the peer average (0.8x).

Price to Book Ratio vs Industry

How does KRNY's PB Ratio compare vs other companies in the US Banks Industry?

4 CompaniesPrice / BookEstimated GrowthMarket Cap
FRCB First Republic Bank
0.002xn/aUS$27.98m
SBNY Signature Bank
0.0003xn/aUS$2.18m
BKES.F Banco Espírito Santo
n/an/aUS$56.01k
BCBH.F Caribbean Investment Holdings
n/an/aUS$132.00
No more companies available in this PB range
KRNY 0.6xIndustry Avg. 1.0xNo. of Companies138PB00.61.21.82.43+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: KRNY is good value based on its Price-To-Book Ratio (0.6x) compared to the US Banks industry average (1x).

Price to Book Ratio vs Fair Ratio

What is KRNY's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KRNY PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.6x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate KRNY's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KRNY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$7.07
US$8.63
+22.0%
4.3%US$9.00US$8.25n/a2
Dec ’25US$7.92
US$7.63
-3.7%
4.9%US$8.00US$7.25n/a2
Nov ’25US$7.04
US$7.63
+8.3%
4.9%US$8.00US$7.25n/a2
Oct ’25US$6.63
US$7.63
+15.0%
4.9%US$8.00US$7.25n/a2
Sep ’25US$6.81
US$7.25
+6.5%
3.4%US$7.50US$7.00n/a2
Aug ’25US$6.94
US$7.25
+4.5%
3.4%US$7.50US$7.00n/a2
Jul ’25US$6.00
US$6.25
+4.2%
4.0%US$6.50US$6.00n/a2
Jun ’25US$5.67
US$6.25
+10.2%
4.0%US$6.50US$6.00n/a2
May ’25US$5.51
US$6.25
+13.4%
4.0%US$6.50US$6.00n/a2
Apr ’25US$6.29
US$6.88
+9.3%
1.8%US$7.00US$6.75n/a2
Mar ’25US$6.14
US$7.88
+28.3%
14.3%US$9.00US$6.75n/a2
Feb ’25US$7.26
US$7.88
+8.5%
14.3%US$9.00US$6.75n/a2
Jan ’25US$8.97
US$8.13
-9.4%
20.0%US$9.75US$6.50n/a2
Dec ’24US$8.30
US$7.25
-12.7%
10.3%US$8.00US$6.50US$7.922
Nov ’24US$7.06
US$7.25
+2.7%
10.3%US$8.00US$6.50US$7.042
Oct ’24US$6.93
US$7.50
+8.2%
6.7%US$8.00US$7.00US$6.632
Sep ’24US$7.44
US$8.00
+7.5%
12.5%US$9.00US$7.00US$6.812
Aug ’24US$8.45
US$8.00
-5.3%
12.5%US$9.00US$7.00US$6.942
Jun ’24US$6.85
US$8.25
+20.4%
3.0%US$8.50US$8.00US$5.672
May ’24US$7.75
US$8.25
+6.5%
3.0%US$8.50US$8.00US$5.512
Apr ’24US$8.12
US$10.17
+25.2%
6.1%US$11.00US$9.50US$6.293
Mar ’24US$9.85
US$10.50
+6.6%
3.9%US$11.00US$10.00US$6.143
Feb ’24US$9.51
US$10.50
+10.4%
3.9%US$11.00US$10.00US$7.263
Jan ’24US$10.15
US$11.17
+10.0%
5.6%US$12.00US$10.50US$8.973
Dec ’23US$9.56
US$11.17
+16.8%
5.6%US$12.00US$10.50US$8.303

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/27 12:40
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Kearny Financial Corp. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher McGrattyKeefe, Bruyette, & Woods
Christopher O'ConnellKeefe, Bruyette, & Woods
Brendan NosalPiper Sandler Companies