For the quarter ending 2025-12-31, KRNY made $160,097,000 in revenue. $9,449,000 in net income. Net profit margin of 5.90%.
| Income Statement | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Loans | 67,410,000 | 68,349,000 | 65,748,000 | |
| Taxable investment securities | 11,623,000 | 12,600,000 | 13,311,750 | |
| Tax-exempt investment securities | 35,000 | 41,000 | 58,500 | |
| Other interest-earning assets | 1,584,000 | 1,518,000 | 2,000,750 | |
| Total interest income | 80,652,000 | 82,508,000 | 81,119,000 | |
| Deposits | 33,148,000 | 33,931,000 | 35,064,500 | |
| Borrowings | 9,535,000 | 10,873,000 | 12,318,750 | |
| Total interest expense | 42,683,000 | 44,804,000 | 47,383,250 | |
| Net interest income | 37,969,000 | 37,704,000 | 33,735,750 | |
| Provision for credit losses | 567,000 | -82,000 | 591,500 | |
| Net interest income after provision for credit losses | 37,402,000 | 37,786,000 | 33,144,250 | |
| Loss on sale of other real estate owned | - | - | 0 | |
| Fees and service charges | 1,295,000 | 892,000 | 622,500 | |
| Gain on sale of loans | 224,000 | 199,000 | 201,500 | |
| Loss on sale and call of securities | - | - | 0 | |
| Income from bank owned life insurance | 2,710,000 | 2,689,000 | 2,668,000 | |
| Electronic banking fees and charges | 473,000 | 416,000 | 429,250 | |
| Other income | 869,000 | 1,651,000 | 841,750 | |
| Total non-interest income | 5,571,000 | 5,847,000 | 4,763,000 | |
| Salaries and employee benefits | 18,373,000 | 18,745,000 | 17,717,500 | |
| Net occupancy expense of premises | 2,888,000 | 3,307,000 | 2,881,000 | |
| Equipment and systems | 4,007,000 | 3,974,000 | 3,925,750 | |
| Goodwill impairment | - | - | 0 | |
| Advertising and marketing | 412,000 | 562,000 | 469,250 | |
| Federal deposit insurance premium | 1,357,000 | 1,301,000 | 1,477,750 | |
| Directors' compensation | 306,000 | 307,000 | 338,750 | |
| Other expense | 3,848,000 | 3,470,000 | 3,347,500 | |
| Total non-interest expense | 31,191,000 | 31,666,000 | 30,157,500 | |
| Income before income taxes | 11,782,000 | 11,967,000 | 7,749,750 | |
| Income tax expense | 2,333,000 | 2,461,000 | 1,231,000 | |
| Net income | 9,449,000 | 9,506,000 | 6,518,750 | |
| Basic (in dollars per share) | 0.15 | 0.15 | 0.105 | |
| Basic (in shares) | 62,858,000 | 62,741,000 | 15,627,000 | |
| Diluted (in dollars per share) | 0.15 | 0.15 | 0.105 | |
| Diluted (in shares) | 63,061,000 | 62,951,000 | 15,679,000 | |
Kearny Financial Corp. (KRNY)
Kearny Financial Corp. (KRNY)