KRNY · Kearny Financial Corp.
Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. It also provides various loans, such as multi-family and nonresidential real estate mortgage loans, commercial term loans and lines of credit, one- to four-family residential mortgage loans, and home equity loans and lines of credit; loans to individuals, builders, or developers for the construction of multi-family residential buildings or commercial real estate, or for the construction or renovation of one- to four-family residences; overdraft lines of credit; and personal loans, as well as engages in the investment activities. The company was founded in 1884 and is headquartered in Fairfield, New Jersey.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $9.63 |
| SO | 64.7M |
| Options | 2.7M |
| Warrants | 0.0M |
| FD SO | 67.5M |
| MC | $649.9M |
| Cash | $123.8M |
| Total debt | $1.06B ⚠ |
| EV | $1.59B |
| TTM Multiples | |
|---|---|
| EV / Revenue | 4.6x |
| EV / EBITDA | — |
| MC / Net Income | 18.1x |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 68.9% |
| Insiders | 11.3% |
| # Institutions | 239 |
| Analysts | 2 |
| Consensus | Buy |
| Avg target | $10.50 |
| Short % float | 2.9% |
| Days to cover | 2.23 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-04-30. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-30 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-07-14; the float denominator can be unreliable on tiny floats.
Debt figure uncertain — deposit-funded financial institution — debt/EV not a meaningful metric. Verify against the filing before relying on EV.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 85.26 | 86.22 | 88.36 | 85.40 |
| Revenue YoY % | 1.6% | (0.2%) | 0.5% | (3.8%) |
| Gross Profit | 48.12 | 47.50 | 48.58 | 46.80 |
| Gross Profit YoY % | 8.3% | 6.1% | 0.7% | (7.9%) |
| Gross Margin % | 56.4% | 55.1% | 55.0% | 54.8% |
| SG&A | 32.30 | 31.19 | 31.67 | 30.89 |
| Interest Expense | 39.24 | 37.97 | 37.70 | 35.84 |
| Pretax Income | 12.64 | 11.78 | 11.97 | 8.16 |
| Tax Provision | 2.50 | 2.33 | 2.46 | 1.39 |
| Net Income | 10.14 | 9.45 | 9.51 | 6.77 |
| Net Margin % | 11.9% | 11.0% | 10.8% | 7.9% |
| Diluted EPS | $0.16 | $0.15 | $0.15 | $0.11 |
| Basic EPS | $0.16 | $0.15 | $0.15 | $0.11 |
| Diluted Avg Shares | 63.3 | 63.1 | 63.0 | — |
| Basic Avg Shares | 62.9 | 62.9 | 62.7 | — |
| LTM | 6/30/25 | 6/30/24 | 6/30/23 | 6/30/22 | |
|---|---|---|---|---|---|
| Total Revenue | 345.24 | 343.53 | 326.88 | 296.48 | 240.21 |
| Revenue YoY % | 0.5% | 5.1% | 10.3% | 23.4% | — |
| Gross Profit | 191.00 | 184.22 | 206.45 | 175.87 | 196.60 |
| Gross Profit YoY % | 3.7% | (10.8%) | 17.4% | (10.5%) | — |
| Gross Margin % | 55.3% | 53.6% | 63.2% | 59.3% | 81.8% |
| SG&A | 126.05 | 120.63 | 215.15 | 123.75 | 125.71 |
| Interest Expense | 150.75 | 134.94 | 142.59 | 117.86 | 29.67 |
| Pretax Income | 44.55 | 31.00 | (80.78) | 52.38 | 92.35 |
| Tax Provision | 8.68 | 4.92 | 5.89 | 11.57 | 24.80 |
| Net Income | 35.86 | 26.07 | (86.67) | 40.81 | 67.55 |
| Net Margin % | 10.4% | 7.6% | (26.5%) | 13.8% | 28.1% |
| Diluted EPS | $0.57 | $0.42 | -$1.39 | $0.63 | $0.95 |
| Basic EPS | $0.57 | $0.42 | -$1.39 | $0.63 | $0.95 |
| Diluted Avg Shares | 63.3 | 62.7 | 62.4 | 64.8 | 70.9 |
| Basic Avg Shares | 62.9 | 62.5 | 62.4 | 64.8 | 70.9 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 123.84 | 147.34 | 130.14 | 167.27 |
| Net PPE | 41.90 | 42.56 | 43.22 | 43.90 |
| Operating Lease ROU | — | — | — | 12.10 |
| Goodwill | 113.53 | 113.53 | 113.53 | 113.53 |
| Intangible Assets | 1.08 | 1.20 | 1.32 | 1.44 |
| Other Assets | 7,327.32 | 7,316.26 | 7,359.81 | 7,402.22 |
| Total Assets | 7,607.66 | 7,620.88 | 7,648.01 | 7,740.45 |
| Other Liabilities | 6,844.62 | 6,863.48 | 6,894.81 | 6,994.49 |
| Total Liabilities | 6,844.62 | 6,863.48 | 6,894.81 | 6,994.49 |
| Retained Earnings | 349.88 | 346.75 | 344.29 | 341.74 |
| Total Equity | 763.03 | 757.40 | 753.20 | 745.96 |
| LTM | 6/30/25 | 6/30/24 | 6/30/23 | 6/30/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 123.84 | 167.27 | 63.86 | 70.52 | 101.61 |
| Net PPE | 41.90 | 43.90 | 44.94 | 48.31 | 53.28 |
| Operating Lease ROU | — | 12.10 | 14.50 | 16.10 | 18.40 |
| Goodwill | 113.53 | 113.53 | 113.53 | 210.90 | 210.90 |
| Intangible Assets | 1.08 | 1.44 | 1.93 | 2.46 | 3.02 |
| Other Assets | 7,327.32 | 7,402.22 | 7,444.70 | 7,716.54 | 7,332.67 |
| Total Assets | 7,607.66 | 7,740.45 | 7,683.46 | 8,064.81 | 7,719.88 |
| Other Liabilities | 6,844.62 | 6,994.49 | 6,929.89 | 7,195.53 | 6,825.88 |
| Total Liabilities | 6,844.62 | 6,994.49 | 6,929.89 | 7,195.53 | 6,825.88 |
| Retained Earnings | 349.88 | 341.74 | 343.33 | 457.61 | 445.45 |
| Total Equity | 763.03 | 745.96 | 753.57 | 869.28 | 894.00 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | 10.14 | 9.45 | 9.51 | 6.77 |
| Stock-Based Comp | — | 0.96 | 0.85 | 0.92 |
| Δ Working Cap & Other | — | 3.91 | (8.85) | 0.40 |
| Operating Cash Flow | — | 14.31 | 1.50 | 8.09 |
| Other Investing | — | 42.40 | 62.27 | 30.29 |
| Investing Cash Flow | — | 42.40 | 62.27 | 30.29 |
| Dividends Paid | — | (6.89) | (7.09) | (6.89) |
| Other Financing | — | (32.62) | (93.80) | 9.70 |
| Financing Cash Flow | — | (39.51) | (100.90) | 2.80 |
| LTM | 6/30/25 | 6/30/24 | 6/30/23 | 6/30/22 | |
|---|---|---|---|---|---|
| Net Income | 35.86 | 26.07 | (86.67) | 40.81 | 67.55 |
| D&A | — | 4.39 | 4.73 | 5.73 | 5.97 |
| Stock-Based Comp | — | 3.18 | 4.00 | 4.87 | 6.34 |
| Δ Working Cap & Other | — | (8.87) | 121.91 | 18.13 | 1.44 |
| Operating Cash Flow | — | 24.77 | 43.97 | 69.55 | 81.30 |
| CapEx | — | (3.38) | (1.35) | (1.35) | (2.92) |
| Other Investing | — | 44.49 | 259.47 | (416.56) | (477.03) |
| Investing Cash Flow | — | 41.11 | 258.12 | (417.92) | (479.95) |
| Dividends Paid | — | (27.63) | (27.56) | (28.50) | (30.69) |
| Other Financing | — | 65.16 | (281.18) | 345.77 | 463.10 |
| Financing Cash Flow | — | 37.52 | (308.74) | 317.27 | 432.41 |
| Free Cash Flow | — | 21.39 | 42.62 | 68.19 | 78.38 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | — | — | — | — |
| Quick Ratio | — | — | — | — |
| Debt / Equity | 8.97 | 9.06 | 9.15 | 9.38 |
| EBITDA Margin % | — | — | — | — |
| Working Capital | — | — | — | — |
| Net Debt | — | — | — | — |
| ROE % | 1.3% | 1.2% | 1.3% | 0.9% |
| ROA % | 0.1% | 0.1% | 0.1% | 0.1% |
| LTM | 6/30/25 | 6/30/24 | 6/30/23 | 6/30/22 | |
|---|---|---|---|---|---|
| Current Ratio | — | — | — | — | — |
| Quick Ratio | — | — | — | — | — |
| Debt / Equity | 8.97 | 9.38 | 9.20 | 8.28 | 7.64 |
| EBITDA Margin % | — | — | — | — | — |
| Working Capital | — | — | — | — | — |
| Net Debt | — | — | — | — | — |
| ROE % | 4.7% | 3.5% | (11.5%) | 4.7% | 7.6% |
| ROA % | 0.5% | 0.3% | (1.1%) | 0.5% | 0.9% |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-07-28 | Fields Curtland E | Director | 2026-07-27 | P | 358 | $9.40 | $3,365 |
| 2026-07-28 | Fields Curtland E | Director | 2026-07-27 | P | 3,900 | $9.40 | $36,660 |
| 2026-07-28 | Fields Curtland E | Director | 2026-07-27 | P | 9,742 | $9.41 | $91,672 |
| 2026-07-28 | Fields Curtland E | Director | 2026-07-27 | P | 700 | $9.39 | $6,576 |
| 2026-06-18 | Fields Curtland E | Director | 2026-06-18 | P | 1,228 | $8.40 | $10,315 |
| 2026-06-18 | Fields Curtland E | Director | 2026-06-18 | P | 1,972 | $8.41 | $16,585 |
| 2026-06-18 | Fields Curtland E | Director | 2026-06-18 | P | 400 | $8.42 | $3,368 |
| 2026-06-18 | Fields Curtland E | Director | 2026-06-17 | P | 4,950 | $8.34 | $41,258 |
| 2026-06-15 | Fields Curtland E | Director | 2026-06-12 | P | 4,950 | $8.71 | $43,137 |
| 2026-06-12 | Wong-Zaza Melvina | Director | 2026-06-11 | P | 3,500 | $8.57 | $30,012 |
| 2026-06-11 | Fields Curtland E | Director | 2026-06-10 | P | 4,800 | $8.61 | $41,327 |
| 2026-06-10 | Joyce Patrick M | Officer (EVP and CLO) | 2026-06-09 | S | (180) | $8.45 | -$1,521 |
| 2026-06-10 | Joyce Patrick M | Officer (EVP and CLO) | 2026-06-09 | S | (2,320) | $8.46 | -$19,627 |
| 2026-06-09 | Fields Curtland E | Director | 2026-06-08 | P | 1,840 | $8.41 | $15,474 |
| 2026-06-09 | Fields Curtland E | Director | 2026-06-08 | P | 560 | $8.37 | $4,687 |
| 2026-06-09 | Fields Curtland E | Director | 2026-06-08 | P | 500 | $8.40 | $4,200 |
| 2026-06-09 | Fields Curtland E | Director | 2026-06-08 | P | 100 | $8.39 | $839 |
| 2026-06-02 | Swansson Timothy A | Officer (EVP and CTIO) | 2026-06-01 | A | 2,686 | — | $0 |
| 2026-06-02 | Swansson Timothy A | Officer (EVP and CTIO) | 2026-06-01 | F | (1,026) | $8.11 | -$8,321 |
| 2026-03-12 | Swansson Timothy A | Officer (EVP and CTIO) | 2026-03-10 | S | (900) | $7.59 | -$6,831 |
| 2026-03-12 | Swansson Timothy A | Officer (EVP and CTIO) | 2026-03-10 | S | (600) | $7.59 | -$4,557 |
| 2026-03-12 | Swansson Timothy A | Officer (EVP and CTIO) | 2026-03-10 | S | (2,000) | $7.60 | -$15,200 |
| 2026-03-12 | Swansson Timothy A | Officer (EVP and CTIO) | 2026-03-10 | S | (400) | $7.61 | -$3,042 |
| 2026-03-12 | Swansson Timothy A | Officer (EVP and CTIO) | 2026-03-10 | S | (100) | $7.61 | -$761 |
| 2026-01-28 | Joyce Patrick M | Officer (EVP and CLO) | 2026-01-28 | S | (3,900) | $7.65 | -$29,835 |
| 2026-01-28 | Joyce Patrick M | Officer (EVP and CLO) | 2026-01-28 | S | (100) | $7.66 | -$766 |
| 2025-09-23 | MONTANARO LEOPOLD W | Director | 2025-09-19 | P | 10,000 | $6.57 | $65,700 |
| 2025-09-11 | Byrnes Sean | Officer (EVP and CFO) | 2025-09-10 | I | 2,887 | $6.64 | $19,159 |
| 2025-09-05 | Suchodolski Keith | Officer (SEVP and COO) | 2025-09-03 | I | 7,566 | $6.73 | $50,891 |
| 2025-08-11 | Wong-Zaza Melvina | Director | 2025-08-08 | P | 1,375 | $5.93 | $8,154 |
| 2025-08-08 | MONTANARO CRAIG | Director, Officer (President and CEO) | 2025-08-07 | A | 34,071 | — | $0 |
| 2025-08-08 | MONTANARO CRAIG | Director, Officer (President and CEO) | 2025-08-07 | F | (10,504) | $5.86 | -$61,553 |
| 2025-08-08 | Suchodolski Keith | Officer (SEVP and COO) | 2025-08-07 | A | 19,641 | — | $0 |
| 2025-08-08 | Suchodolski Keith | Officer (SEVP and COO) | 2025-08-07 | F | (3,123) | $5.86 | -$18,301 |
| 2025-08-08 | Byrnes Sean | Officer (EVP and CFO) | 2025-08-07 | A | 11,284 | — | $0 |
| 2025-08-08 | Byrnes Sean | Officer (EVP and CFO) | 2025-08-07 | F | (2,883) | $5.86 | -$16,894 |
| 2025-08-08 | Parisi Erika K | Officer (EVP and CAO) | 2025-08-07 | A | 11,082 | — | $0 |
| 2025-08-08 | Parisi Erika K | Officer (EVP and CAO) | 2025-08-07 | F | (2,883) | $5.86 | -$16,894 |
| 2025-08-08 | DeMedici Thomas | Officer (EVP and CCO) | 2025-08-07 | A | 12,240 | — | $0 |
| 2025-08-08 | DeMedici Thomas | Officer (EVP and CCO) | 2025-08-07 | F | (1,879) | $5.86 | -$11,011 |
| 2025-08-08 | Joyce Patrick M | Officer (EVP and CLO) | 2025-08-07 | A | 12,787 | — | $0 |
| 2025-08-08 | Joyce Patrick M | Officer (EVP and CLO) | 2025-08-07 | F | (3,663) | $5.86 | -$21,465 |
| 2025-08-08 | Swansson Timothy A | Officer (EVP and CTIO) | 2025-08-07 | A | 10,584 | — | $0 |
| 2025-08-08 | Swansson Timothy A | Officer (EVP and CTIO) | 2025-08-07 | F | (1,610) | $5.86 | -$9,435 |
| 2025-08-08 | BILOTTA ANTHONY V JR | Officer (EVP and Chief Banking Officer) | 2025-08-07 | A | 12,078 | — | $0 |
| 2025-08-08 | BILOTTA ANTHONY V JR | Officer (EVP and Chief Banking Officer) | 2025-08-07 | F | (3,660) | $5.86 | -$21,448 |
| 2025-08-08 | Beierle Cassia J. | Officer (EVP and General Counsel) | 2025-08-07 | A | 10,167 | — | $0 |
| 2025-08-08 | Beierle Cassia J. | Officer (EVP and General Counsel) | 2025-08-07 | F | (1,393) | $5.86 | -$8,163 |
| 2025-08-04 | Wong-Zaza Melvina | Director | 2025-08-01 | P | 1,500 | $5.99 | $8,988 |
| 2025-06-10 | Joyce Patrick M | Officer (EVP and CLO) | 2025-06-09 | S | (700) | $6.12 | -$4,288 |
| 2025-06-10 | Joyce Patrick M | Officer (EVP and CLO) | 2025-06-09 | S | (1,585) | $6.13 | -$9,716 |
| 2025-06-10 | Joyce Patrick M | Officer (EVP and CLO) | 2025-06-09 | S | (1,715) | $6.13 | -$10,522 |
| 2025-06-03 | Swansson Timothy A | Officer (EVP and CTIO) | 2025-06-01 | A | 2,685 | — | $0 |
| 2025-06-03 | Swansson Timothy A | Officer (EVP and CTIO) | 2025-06-01 | F | (936) | $5.90 | -$5,522 |
| 2025-06-03 | Dunne John V | Officer (EVP and CRO) | 2025-06-01 | A | 2,685 | — | $0 |
| 2025-06-03 | Dunne John V | Officer (EVP and CRO) | 2025-06-01 | F | (1,266) | $5.90 | -$7,469 |
| 2025-02-10 | Wong-Zaza Melvina | Director | 2025-02-07 | P | 5,000 | $7.23 | $36,172 |
| 2024-08-16 | Wong-Zaza Melvina | Director | 2024-08-15 | P | 1,600 | $6.21 | $9,936 |
| 2024-08-12 | DeMedici Thomas | Officer (EVP and CCO) | 2024-08-12 | S | (2,176) | $5.99 | -$13,034 |
| 2024-08-12 | DeMedici Thomas | Officer (EVP and CCO) | 2024-08-12 | S | (1,507) | $6.00 | -$9,042 |
| 2024-08-12 | DeMedici Thomas | Officer (EVP and CCO) | 2024-08-12 | S | (1,218) | $6.01 | -$7,320 |
| 2024-08-12 | DeMedici Thomas | Officer (EVP and CCO) | 2024-08-12 | S | (100) | $6.01 | -$602 |
| 2024-08-12 | DeMedici Thomas | Officer (EVP and CCO) | 2024-08-12 | S | (1,303) | $6.02 | -$7,844 |
| 2024-08-08 | BILOTTA ANTHONY V JR | Officer (EVP and Chief Banking Officer) | 2024-08-07 | A | 9,218 | — | $0 |
| 2024-08-08 | BILOTTA ANTHONY V JR | Officer (EVP and Chief Banking Officer) | 2024-08-07 | F | (3,173) | $6.24 | -$19,800 |
| 2024-08-08 | Byrnes Sean | Officer (EVP and CFO) | 2024-08-07 | A | 8,218 | — | $0 |
| 2024-08-08 | Byrnes Sean | Officer (EVP and CFO) | 2024-08-07 | F | (1,445) | $6.24 | -$9,017 |
| 2024-08-08 | DeMedici Thomas | Officer (EVP and CCO) | 2024-08-07 | A | 9,342 | — | $0 |
| 2024-08-08 | DeMedici Thomas | Officer (EVP and CCO) | 2024-08-07 | F | (1,850) | $6.24 | -$11,544 |
| 2024-08-08 | Joyce Patrick M | Officer (EVP and CLO) | 2024-08-07 | A | 9,759 | — | $0 |
| 2024-08-08 | Joyce Patrick M | Officer (EVP and CLO) | 2024-08-07 | F | (3,468) | $6.24 | -$21,640 |
| 2024-08-08 | MONTANARO CRAIG | Director, Officer (President and CEO) | 2024-08-07 | A | 25,974 | — | $0 |
| 2024-08-08 | MONTANARO CRAIG | Director, Officer (President and CEO) | 2024-08-07 | F | (6,004) | $6.24 | -$37,465 |
| 2024-08-08 | Parisi Erika K | Officer (EVP and CAO) | 2024-08-07 | A | 8,458 | — | $0 |
| 2024-08-08 | Parisi Erika K | Officer (EVP and CAO) | 2024-08-07 | F | (2,742) | $6.24 | -$17,110 |
| 2024-08-08 | Suchodolski Keith | Officer (SEVP and COO) | 2024-08-07 | A | 14,566 | — | $0 |
| 2024-08-08 | Suchodolski Keith | Officer (SEVP and COO) | 2024-08-07 | F | (5,161) | $6.24 | -$32,205 |
| 2024-08-08 | Dunne John V | Officer (EVP and CRO) | 2024-08-07 | A | 7,942 | — | $0 |
| 2024-08-08 | Dunne John V | Officer (EVP and CRO) | 2024-08-07 | F | (1,923) | $6.24 | -$12,000 |
| 2024-08-08 | Swansson Timothy A | Officer (EVP and CTIO) | 2024-08-07 | A | 8,000 | — | $0 |
| 2024-08-08 | Swansson Timothy A | Officer (EVP and CTIO) | 2024-08-07 | F | (1,585) | $6.24 | -$9,890 |
| 2024-08-01 | Wong-Zaza Melvina | Director | 2024-07-31 | P | 6,000 | $7.13 | $42,801 |