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KRNY

Kearny Financial Corp.

$12.38

Earnings Summary

Revenue
$53.41Mn
Net Profits
$11.37Mn
Net Profit Margins
21.29%
PE Ratio
13.15

Highlights

Revenue:

Kearny Financial Corp.’s revenue jumped 1.61% since last year same period to $53.41Mn in the Q2 2022. On a quarterly growth basis, Kearny Financial Corp. has generated 4.89% jump in its revenue since last 3-months.

Net Profits:

Kearny Financial Corp.’s net profit fell -38.48% since last year same period to $11.37Mn in the Q2 2022. On a quarterly growth basis, Kearny Financial Corp. has generated -35.74% fall in its net profits since last 3-months.

Net Profit Margins:

Kearny Financial Corp.’s net profit margin fell -39.46% since last year same period to 21.29% in the Q2 2022. On a quarterly growth basis, Kearny Financial Corp. has generated -38.73% fall in its net profit margins since last 3-months.

PE Ratio:

Kearny Financial Corp.’s price-to-earnings ratio after this Q2 2022 earnings stands at 13.15.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Kearny Financial Corp. post its latest quarter earnings

EPS Estimate Current Quarter
0.23
EPS Estimate Current Year
0.23

Highlights

EPS Estimate Current Quarter:

Kearny Financial Corp.’s earning per share (EPS) estimates for the current quarter stand at 0.23 - a 4.55% jump from last quarter’s estimates.

EPS Estimate Current Year:

Kearny Financial Corp.’s earning per share (EPS) estimates for the current year stand at 0.23.

Key Ratios

Key ratios of the Kearny Financial Corp. post its Q2 2022 earnings

Earning Per Share (EPS)
0.17
Return on Assets (ROA)
0.01
Return on Equity (ROE)
0.07
Dividend Per Share (DPS)
0.42

Highlights

Earning Per Share (EPS):

Kearny Financial Corp.’s earning per share (EPS) fell -29.17% since last year same period to 0.17 in the Q2 2022. This indicates that the Kearny Financial Corp. has generated -29.17% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Kearny Financial Corp.’s return on assets (ROA) stands at 0.01.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Kearny Financial Corp.’s return on equity (ROE) stands at 0.07.

Dividend Per Share (DPS):

Kearny Financial Corp. declared 0.42 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-06-30
0.22
0.17
-22.73%
2022-05-06
0.22
0.25
13.64%

Company Information

Kearny Financial Corp. is the parent company of Kearny Bank which operates from its administrative headquarters in Fairfield, New Jersey, and a total of 49 retail branch offices located throughout northern and central New Jersey and Brooklyn and Staten Island, New York. At December 31, 2020, Kearny Financial Corp. had approximately $7.3 billion in total assets.

Organisation
Kearny Financial Corp.
Employees
523
Industry
Finance