← Kearny Financial Corp.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Revenue from Contract with Customer, Including Assessed Tax — — — — — — $2.6m — — —
Interest income:
Noninterest income:
Additional Financial Items
Other Interest and Dividend Income $1.8m $2.1m $3.3m $4.9m $4.5m $3.0m $1.7m $5.0m $9.2m $8.0m
Bank Owned Life Insurance Income $5.6m $5.2m $5.4m $6.3m $6.2m $6.3m $6.2m $8.6m $9.1m $10.7m
Amortization of Intangible Assets $167k $138k $364k $1.1m $1.2m $980k $685k $563k $526k $495k
Debt and Equity Securities, Gain (Loss) $2k ($1k) $8k ($323k) $2.2m $767k ($559k) ($15.2m) ($18.1m) $0
Gain (Loss) on Sales of Mortgage Backed Securities (MBS) — ($391k) — — — — — — — —
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $97.4m $0
Loans $98.0m $111.2m $138.4m $192.4m $187.0m $198.5m $190.5m $233.1m $256.0m $263.0m
Taxable investment securities $7.7m $9.5m $27.1m $37.2m $39.3m $31.2m $32.7m $54.9m $63.3m $53.2m
Tax-exempt investment securities $2.2m $2.3m $2.6m $2.8m $2.4m $1.7m $1.3m $694k $336k $234k
Other interest-earning assets $1.8m $2.1m $3.3m $4.9m $4.5m $3.0m $1.7m $5.0m $9.2m $8.0m
Deposits $18.7m $22.1m $29.6m $52.5m $58.9m $31.5m $15.2m $78.2m $122.4m $140.3m
Borrowings $13.2m $14.4m $20.5m $29.5m $25.0m $18.3m $14.5m $39.7m $63.9m $49.3m
Net interest income $95.0m $102.6m $121.3m $155.3m $149.4m $184.5m $196.6m $175.9m $142.6m $134.9m
Provision for credit losses — — — $3.6m $4.2m ($1.1m) ($7.5m) $2.5m $6.2m $2.4m
Net interest income after provision for credit losses $84.3m $97.2m $118.6m $151.8m $145.2m $185.6m $204.1m $173.4m $136.4m $132.6m
Fees and service charges $3.5m $3.3m $5.4m $5.4m $10.8m $10.5m $2.6m $3.1m $2.6m $2.5m
Loss on sale and call of securities $2k ($1k) $8k ($323k) $2.2m $767k ($559k) ($15.2m) ($18.1m) $0
Gain (loss) on sale of loans $436k $1.5m $1.0m $580k $3.2m $5.6m $2.5m ($1.6m) ($282k) $806k
Loss on sale of other real estate owned ($137k) ($106k) ($19k) ($11k) ($28k) $0 $5k ($139k) ($974k) $0
Income from bank owned life insurance $5.6m $5.2m $5.4m $6.3m $6.2m $6.3m $6.2m $8.6m $9.1m $10.7m
Electronic banking fees and charges $1.1m $1.1m $1.1m $1.1m $1.2m $1.7m $1.6m $1.8m $2.4m $1.7m
Other income $256k $344k $395k $475k $194k $1.8m $1.6m $6.3m $3.4m $3.4m
Salaries and employee benefits $42.1m $47.8m $54.0m $63.0m $62.0m $68.8m $76.3m $75.6m $69.2m $70.9m
Equipment and systems $7.7m $8.3m $9.5m $12.3m $11.8m $14.9m $15.9m $14.6m $15.2m $15.7m
Advertising and marketing $2.0m $2.6m $3.0m $3.1m $2.8m $2.2m $2.1m $2.1m $1.4m $1.9m
Federal deposit insurance premium $2.7m $1.3m $1.5m $1.8m $286k $1.9m $2.5m $5.1m $6.0m $5.9m
Directors' compensation $812k $2.0m $2.8m $3.0m $3.1m $3.0m $2.1m $1.4m $1.5m $1.4m
Goodwill impairment $0 $0 $0 $0 $0 $0 $0 $0 $97.4m $0
Income (loss) before income taxes $22.6m $27.4m $34.0m $56.1m $57.3m $84.5m $92.3m $52.4m ($80.8m) $31.0m
Basic (in shares) $89.6m $84.6m $82.6m $91.1m $82.4m $82.4m $70.9m $64.8m $62.4m $62.5m
Diluted (in shares) $89.6m $84.7m $82.6m $91.1m $82.4m $82.4m $70.9m $64.8m $62.4m $62.7m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $22.6m $27.4m $34.0m $56.1m $57.3m $84.5m $92.3m $52.4m ($80.8m) $31.0m
Total interest income $126.9m $139.1m $171.4m $237.3m $233.2m $234.4m $226.3m $293.7m $328.9m $324.5m
Total non-interest income $10.7m $11.3m $13.3m $13.6m $19.7m $24.8m $13.9m $2.8m ($2.0m) $19.1m
Net Income (Loss) Attributable to Parent $15.8m $18.6m $19.6m $42.1m $45.0m $63.2m $67.5m $40.8m ($86.7m) $26.1m
Net Income (Loss) Available to Common Stockholders, Basic $15.8m $18.6m $19.6m $42.1m $45.0m $63.2m $67.5m $40.8m ($86.7m) $26.1m
Earnings Per Share, Basic $0.18 $0.22 $0.24 $0.46 $0.55 $0.77 $0.95 $0.63 ($1.39) $0.42
Earnings Per Share, Diluted $0.18 $0.22 $0.24 $0.46 $0.55 $0.77 $0.95 $0.63 ($1.39) $0.42
Common Stock, Dividends, Per Share, Declared $0.08 $0.10 $0.25 $0.37 $0.29 $0.35 $0.43 $0.44 $0.44 $0.44
Weighted Average Number of Shares Outstanding, Basic 89.6m 84.6m 82.6m 91.1m 82.4m 82.4m 70.9m 64.8m 62.4m 62.5m
Weighted Average Number of Shares Outstanding, Diluted 89.6m 84.7m 82.6m 91.1m 82.4m 82.4m 70.9m 64.8m 62.4m 62.7m
Noninterest expense:
Labor and Related Expense $42.1m $47.8m $54.0m $63.0m $62.0m $68.8m $76.3m $75.6m $69.2m $70.9m
Marketing and Advertising Expense $2.0m $2.6m $3.0m $3.1m $2.8m $2.2m $2.1m $2.1m $1.4m $1.9m
Business Combination, Acquisition Related Costs — — $6.7m — — — — — — —
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — — $2.5m $6.2m $2.4m
Net occupancy expense of premises $7.5m $8.0m $9.2m $11.2m $11.4m $12.7m $14.1m $12.0m $11.0m $11.5m
Other expense $9.6m $11.0m $11.1m $14.8m $13.2m $17.3m $12.8m $12.9m $13.4m $13.4m
Interest Expense $31.9m $36.5m $50.1m $82.0m $83.9m $49.9m $29.7m $117.9m $186.3m $189.5m
Current Income Tax Expense (Benefit) $8.4m $10.7m $7.6m $9.4m $11.6m $17.1m $19.8m $8.8m $6.8m $5.9m
Income tax expense $6.8m $8.8m $14.4m $13.9m $12.3m $21.3m $24.8m $11.6m $5.9m $4.9m
Interest Income (Expense), Net $95.0m $102.6m $121.3m $155.3m $149.4m $184.5m $196.6m $175.9m $142.6m $134.9m
Total interest expense $31.9m $36.5m $50.1m $82.0m $83.9m $49.9m $29.7m $117.9m $186.3m $189.5m
Total non-interest expense $72.4m $81.1m $97.8m $109.2m $107.6m $125.9m $125.7m $123.8m $215.2m $120.6m
Income Tax Expense (Benefit) $6.8m $8.8m $14.4m $13.9m $12.3m $21.3m $24.8m $11.6m $5.9m $4.9m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.