Kearny Financial Corp (KRNY)

Financial Services | Banks Regional
Income Statement (Quarterly) 2025-09-30 2025-03-31 2024-12-31 2024-09-30
Revenue 11,885,000 83,896,000 81,485,000 37,072,000
Cost of Revenue 0 83,896,000 0 0
Gross Profit 0 0 81,485,000 37,072,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 0 609,000 311,000 19,764,000
Operating Expenses 0 609,000 311,000 37,072,000
Operating Income 0 7,848,000 81,174,000 7,178,000
Interest Expense 0 0 48,873,000 50,806,000
Income Before Tax 11,967,000 7,848,000 7,817,000 7,178,000
Income Tax Expense 2,461,000 1,200,000 1,251,000 1,086,000
Net Income 9,506,000 6,648,000 6,566,000 6,092,000
Per Share
EPS 0.19 0.11 0.11 0.10
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Revenue 343,528,000 134,375,000 178,616,000 210,537,000 206,207,000
Cost of Revenue 191,899,000 -6,226,000 0 0 0
Gross Profit 151,629,000 140,601,000 178,616,000 210,537,000 0
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 80,013,000 98,378,000 84,208,000 82,910,000 75,894,000
Operating Expenses 120,630,000 98,378,000 -126,237,000 2,059,000 0
Operating Income 30,999,000 0 52,379,000 122,016,000 0
Interest Expense 189,533,000 186,274,000 117,859,000 29,669,000 49,851,000
Income Before Tax 30,999,000 -80,776,000 52,379,000 92,347,000 84,496,000
Income Tax Expense 4,924,000 5,891,000 11,568,000 24,800,000 21,263,000
Net Income 26,075,000 -86,667,000 40,811,000 67,547,000 63,233,000
Per Share
EPS 0.42 -1.39 0.63 0.95 0.77
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Assets
Cash and Cash Equivalents 167,269,000 63,864,000 70,515,000 101,615,000
Short Term Investments 1,012,969,000 1,072,833,000 1,227,729,000 1,344,093,000
Net Receivables 5,794,844,000 29,521,000 28,133,000 20,466,000
Inventory 0 0 -111,604,000 -20,466,000
Total Current Assets 6,975,082,000 1,166,218,000 1,326,377,000 5,990,303,000
Property Plant Equipment 43,897,000 44,940,000 48,309,000 53,281,000
Goodwill and Intangibles 114,961,000 115,456,000 213,352,000 213,915,000
Total Assets 7,740,450,000 7,683,461,000 8,064,815,000 7,719,883,000
Liabilities
Account Payables 0 0 0 -3,693,110,000
Short Term Debt 150,000,000 175,000,000 1,200,945,000 773,614,000
Total Current Liabilities 5,825,217,000 5,333,123,000 5,959,988,000 49,350,000
Long Term Debt 1,106,491,000 1,434,789,000 1,506,812,000 901,337,000
Total Liabilities 6,994,488,000 6,929,890,000 1,506,812,000 6,825,883,000
Shareholders Equity
Retained Earnings 341,744,000 343,326,000 457,611,000 445,451,000
Total Shareholders Equity 745,962,000 753,571,000 869,284,000 894,000,000
Balance Sheet (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Assets
Cash and Cash Equivalents 167,269,000 63,864,000 70,515,000 101,615,000 67,855,000
Short Term Investments 1,012,969,000 1,072,833,000 1,227,729,000 1,344,093,000 1,676,864,000
Net Receivables 5,794,844,000 29,521,000 28,133,000 20,466,000 19,362,000
Inventory 0 0 -111,604,000 -20,466,000 0
Total Current Assets 6,975,082,000 1,166,218,000 1,326,377,000 5,990,303,000 5,297,795,000
Property Plant Equipment 43,897,000 44,940,000 48,309,000 53,281,000 56,338,000
Goodwill and Intangibles 114,961,000 115,456,000 213,352,000 213,915,000 214,600,000
Total Assets 7,740,450,000 7,683,461,000 8,064,815,000 7,719,883,000 7,283,735,000
Liabilities
Account Payables 0 0 0 -3,693,110,000 0
Short Term Debt 150,000,000 175,000,000 1,200,945,000 773,614,000 0
Total Current Liabilities 5,825,217,000 5,333,123,000 5,959,988,000 49,350,000 0
Long Term Debt 1,106,491,000 1,434,789,000 1,506,812,000 901,337,000 685,876,000
Total Liabilities 6,994,488,000 6,929,890,000 1,506,812,000 6,825,883,000 6,240,791,000
Shareholders Equity
Retained Earnings 341,744,000 343,326,000 457,611,000 445,451,000 408,367,000
Total Shareholders Equity 745,962,000 753,571,000 869,284,000 894,000,000 1,042,944,000
Cash Flow Statement (Quarterly) 2025-06-30 2024-06-30 2023-06-30 2022-06-30
Operating Activities
Net Income 26,075,000 -86,667,000 40,811,000 67,547,000
Depreciation & Amortization 4,881,000 5,256,000 6,296,000 6,656,000
Stock Based Compensation 3,176,000 4,003,000 4,873,000 6,340,000
Change in Working Capital -10,389,000 -12,310,000 -18,233,000 -6,802,000
Operating Cash Flow 24,771,000 43,971,000 69,549,000 81,301,000
Investing Activities
Capital Expenditure -3,383,000 -1,350,000 -1,355,000 -2,920,000
Investments -3,383,000 -1,350,000 -1,355,000 -2,920,000
Investing Cash Flow 41,109,000 258,122,000 -417,918,000 -479,951,000
Financing Activities
Debt Repayment -453,500,000 202,500,000 -5,650,000,000 -4,100,000,000
Common Stock Issued/Repurchased -362,000 -11,724,000 5,994,176,000 -130,497,000
Dividends Paid -27,634,000 -27,564,000 -28,499,000 -30,693,000
Financing Cash Flow 37,525,000 -308,744,000 317,269,000 432,410,000
Summary
Free Cash Flow 21,388,000 42,621,000 68,194,000 78,381,000
Net Change in Cash 103,405,000 -6,651,000 -31,100,000 33,760,000
Cash Flow Statement (Annual) 2025-06-30 2024-06-30 2023-06-30 2022-06-30 2021-06-30
Operating Activities
Net Income 26,075,000 -86,667,000 40,811,000 67,547,000 63,233,000
Depreciation & Amortization 4,881,000 5,256,000 6,296,000 6,656,000 6,842,000
Stock Based Compensation 3,176,000 4,003,000 4,873,000 6,340,000 7,742,000
Change in Working Capital -10,389,000 -12,310,000 -18,233,000 -6,802,000 5,648,000
Operating Cash Flow 24,771,000 43,971,000 69,549,000 81,301,000 75,417,000
Investing Activities
Capital Expenditure -3,383,000 -1,350,000 -1,355,000 -2,920,000 -5,458,000
Investments -3,383,000 -1,350,000 -1,355,000 -2,920,000 -5,458,000
Investing Cash Flow 41,109,000 258,122,000 -417,918,000 -479,951,000 -83,971,000
Financing Activities
Debt Repayment -453,500,000 202,500,000 -5,650,000,000 -4,100,000,000 -2,847,796,000
Common Stock Issued/Repurchased -362,000 -11,724,000 5,994,176,000 -130,497,000 -119,824,000
Dividends Paid -27,634,000 -27,564,000 -28,499,000 -30,693,000 -28,648,000
Financing Cash Flow 37,525,000 -308,744,000 317,269,000 432,410,000 -104,558,000
Summary
Free Cash Flow 21,388,000 42,621,000 68,194,000 78,381,000 69,959,000
Net Change in Cash 103,405,000 -6,651,000 -31,100,000 33,760,000 -113,112,000