Kearny Financial Corp. is a holding company for Kearny Bank. The Bank is principally engaged in the business of attracting deposits from the general public in New Jersey and New York and using these deposits, together with other funds, to originate or purchase loans for its portfolio and invest in securities. Its loan portfolio is primarily comprised of loans collateralized by residential and commercial real estate augmented by secured and unsecured loans to businesses and consumers. Kearny Bank also maintains a portfolio of investment securities, primarily comprised of U.S. agency mortgage-backed securities, U.S. government, and agency debentures, bank-qualified municipal obligations, corporate bonds, asset-backed securities and collateralized loan obligations. 

Type
Public
HQ
Fairfield, US
Founded
1884
Size (employees)
430 (est)+2%
Kearny Financial was founded in 1884 and is headquartered in Fairfield, US
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Kearny Financial Office Locations

Kearny Financial has an office in Fairfield
Fairfield, US (HQ)
120 Passaic Avenue
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Kearny Financial Financials and Metrics

Kearny Financial Revenue

Kearny Financial's revenue was reported to be $95.82 m in FY, 2014
USD

Revenue (Q3, 2018)

124.1 m

Gross profit (Q3, 2018)

90.6 m

Gross profit margin (Q3, 2018), %

73%

Net income (Q3, 2018)

11.9 m

EBIT (Q3, 2018)

78.7 m

Market capitalization (18-Jul-2018)

1.4 b

Closing share price (18-Jul-2018)

13.8

Cash (31-Mar-2018)

38.3 m
Kearny Financial's current market capitalization is $1.4 b.
Annual
USDFY, 2014

Revenue

95.8 m

EBIT

14.4 m

EBIT margin, %

15%

Net Income

10.2 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2018

Revenue

124.1 m

Cost of goods sold

33.5 m

Gross profit

90.6 m

Gross profit Margin, %

73%
USDQ3, 2018

Cash

38.3 m

Accounts Receivable

3.3 b

PP&E

42.9 m

Goodwill

108.6 m
Annual
USDFY, 2014

Net Income

10.2 m

Cash From Operating Activities

8 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2018

Net Income

11.9 m

Cash From Operating Activities

27.2 m

Cash From Investing Activities

(152.6 m)

Dividends Paid

(16.6 m)
USDY, 2018

Financial Leverage

5 x
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Kearny Financial Operating Metrics

Kearny Financial's Total Loans was reported to be $3.2b in FY, 2017.
FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017

Bank Branches

42 42 42

Non-accrual Loans

$22.90 m$21.02 m$18.80 m

Non-performing Loans

$22.90 m$21.50 m$21 m$28.30 m$21.06 m$21.80 m$21.60 m$21 m$18.87 m

Total Loans

$2.10 b$2.41 b$2.60 b$2.72 b$2.67 b$2.84 b$2.97 b$3.12 b$3.24 b
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Kearny Financial Online and Social Media Presence

Embed Graph
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Kearny Financial Company Life and Culture

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