Kearny Financial Corp. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Kearny Financial Corp. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue				2.05	1.9	2.58
Selling and marketing	2.63	2.96	3.05	2.79	2.16	2.06	2.12	1.4	1.88	2.39
Interest expense	36.5	50.1	82	83.9	49.9	29.7	118
Pre-tax income	27.4	34	56.1	57.3	84.5	92.3	52.4	-80.8	31	47.4
Income tax	8.82	14.4	13.9	12.3	21.3	24.8	11.6	5.89	4.92	11.1
Net income	18.6	19.6	42.1	45	63.2	67.5	40.8	-86.7	26.1	36.3
EPS, basic	0.22	0.24	0.46	0.55	0.77	0.95	0.63	-1.39	0.42	0.58
EPS, diluted	0.22	0.24	0.46	0.55	0.77	0.95	0.63	-1.39	0.42	0.57
Shares, basic (weighted)	84.6	82.6	91.1	82.4	82.4	70.9	64.8	62.4	62.5	62.9
Shares, diluted (weighted)	84.7	82.6	91.1	82.4	82.4	70.9	64.8	62.4	62.7	63.2
Dividend per share	0.10	0.25	0.37	0.29	0.35	0.43	0.43	0.44	0.44	0.44

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	78.2	129	38.9	181	67.9	102	70.5	63.9	167	115
Property, plant and equipment	39.6	56.2	56.9	57.4	56.3	53.3	48.3	44.9	43.9	42.4
Lease right-of-use assets						18.4	16.1	14.5	12.1	10
Goodwill	109	211	211	211	211	211	211	114	114	114
Intangible assets	0.29	6.3	5.16	4	3.71	3.02	2.46	1.93	1.44	0.97
Total assets	4,818	6,580	6,635	6,758	7,284	7,720	8,065	7,683	7,740	7,682
Short-term debt					686	901	1,507
Total liabilities	3,761	5,311	5,508	5,674	6,241	6,826	7,196	6,930	6,994	6,916
Paid-in capital	729	923	787	723	654	528	503	494	495	496
Retained earnings	361	359	367	388	408	445	458	343	342	350
Other comprehensive income	1.04	18.5	2.84	1.26	6.14	-55.7	-69.5	-63.2	-72	-63
Shareholders' equity	1,057	1,269	1,127	1,084	1,043	894	869	754	746	767
Total equity	1,057	1,269	1,127	1,084	1,043	894	869	754	746	767
Total liabilities and equity	4,818	6,580	6,635	6,758	7,284	7,720	8,065	7,683	7,740	7,682
Shares outstanding	84.4	99.6	89.1	83.7	79	68.7	65.9	64.4	64.6	64.6

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	18.6	19.6	42.1	45	63.2	67.5	40.8	-86.7	26.1	36.3
Depreciation and amortization					5.86	5.97	5.73	4.73	4.39	3.98
Stock-based compensation	6.83	9.2	8.8	8.23	7.74	6.34	4.87	4	3.18	3.78
Deferred income tax	-1.84	6.11	4.21	1.39	4.69	5.02	2.79	-0.87	-0.94	-0.35
Cash from operations	38.5	45.1	39	19.3	75.4	81.3	69.5	44	24.8	37.7
Capital expenditures	-4.04	-8.27	-6.14	-5.96	-5.46	-2.92	-1.36	-1.35	-3.38	-2.46
Purchases of investments	-138	-189	-126	-488	-919	-229	-166	-74	-105	-258
Sales and maturities of investments	147	79.9	66.6	213	518	330	125	133	184	323
Cash from investing	-454	-1.45	-148	85.5	-84	-480	-418	258	41.1	10.9
Stock issued	0.48	0.1	0.42	0.42	0.37	0	0
Dividends paid	-8.29	-20.6	-34.7	-24.1	-28.6	-30.7	-28.5	-27.6	-27.6	-27.8
Cash from financing	294	6.98	19	37.2	-105	432	317	-309	37.5	-101
Net change in cash	-121	50.6	-89.9	142	-113	33.8	-31.1	-6.65	103	-52.4
Free cash flow	34.5	36.8	32.9	13.4	70	78.4	68.2	42.6	21.4	35.3
Interest paid	36.1	49.6	78.1	88.7	50.5	28.8	109	185	194	170
Income taxes paid	9.48	9.33	6.7	11.8	19.7	15.6	9.88	6.63	4.06	8.96

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $9.36 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Effective tax rate	23.5%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	4.8%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	0.5%	Net income / average total assets.

Growth

Metric	Value	How it is calculated
Net income growth, 1y	39.1%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	-3.9%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	-10.5%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	35.7%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	-3.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	-5.8%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	52.3%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	-18.4%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	-12.9%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	64.9%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	-19.7%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	-12.8%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	0.0%	Dividend per share vs the same period a year earlier. Only from a positive base.
Dividend per share CAGR, 3y	0.8%	Compound annual growth of dividend per share over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Dividend per share CAGR, 5y	4.7%	Compound annual growth of dividend per share over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	2.8%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	-4.1%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	-6.0%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	-0.8%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	-1.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	1.1%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	0.8%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.8%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-5.2%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Liabilities / assets	90.0%	Total liabilities / total assets.
Goodwill and intangibles / assets	1.5%	(Goodwill + intangible assets) / total assets.
Tangible book value	$652.2M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
FCF conversion	97.3%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	6.5%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$0.57	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	$0.58	Net income per basic share, as reported (split-adjusted).
FCF per share	$0.56	Free cash flow / diluted weighted shares.
Operating cash flow per share	$0.60	Cash from operations / diluted weighted shares.
Book value per share	$11.87	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$10.10	Tangible book value / shares outstanding.
Cash per share	$1.78	(Cash + short-term investments) / shares outstanding.
Dividend per share	$0.44	Dividend declared per common share (paid, when declared is not tagged).
Payout ratio	76.8%	Dividends paid / net income, when net income is positive.
Dividends / FCF	78.9%	Dividends paid / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$606.0M	Share price x shares outstanding.
Enterprise value	$491.1M	Market cap + total debt - cash - short-term investments.
P/E	16.7x	Market cap / net income. Only when net income is positive.
P/B	0.79x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	0.93x	Market cap / tangible book value, when positive.
P/FCF	17.2x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	16.1x	Market cap / cash from operations, when positive.
EV/FCF	13.9x	Enterprise value / free cash flow, when both are positive.
FCF yield	5.8%	Free cash flow / market cap.
Earnings yield	6.0%	Net income / market cap (the inverse of P/E).
Dividend yield	4.6%	Dividends paid over the period / market cap.
Shareholder yield	4.6%	(Dividends paid + share buybacks) / market cap.

Was Kearny Financial Corp. profitable in fiscal 2026?

Yes. Net income was $36.3M, a net margin of -.

How much free cash flow did Kearny Financial Corp. generate in fiscal 2026?

Cash from operations of $37.7M minus capital expenditures of $2.5M left free cash flow of $35.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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