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Kearny Financial Corp. (KRNY)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-30-22Jun-30-21Jun-30-20Jun-30-19Jun-30-18Jun-30-17Jun-30-16
   10-K10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  233.1190.5202.2191.6192.4138.4111.298.0
        Interest income on investments  55.534.032.941.740.129.725.827.2
       293.7226.3238.1237.8237.3171.4139.1126.9
    Interest expense:  
        Interest on deposits  78.215.231.558.952.529.622.118.7
       117.929.749.958.982.050.136.531.9
Net interest income  175.9196.6188.2296.7155.3121.3102.695.0
Provision for loan losses      3.62.75.410.7
Net interest income after provision for loan losses  175.9196.6188.2296.7151.8118.697.284.3
        Deposit and loan fees  3.12.61.9   3.33.5
        Other non-interest income  16.011.419.115.113.613.38.17.2
Total non-interest income  19.113.921.015.113.613.311.310.7
Non-interest expenses  123.8125.7125.9107.6109.297.981.172.4
Pre-tax income before non-recurring items  52.492.388.857.356.140.727.422.6
Non-recurring items    4.3  6.7  
Pre-tax income  52.492.384.557.356.134.027.422.6
Income taxes  11.624.821.312.313.914.48.86.8
            Tax rate  22.1%26.9%25.2%21.5%24.8%42.4%32.2%30.0%
Net income  40.867.563.245.042.119.618.615.8
            Net margin  20.9%32.1%30.2%2192.3%25.5%14.9%17.1%16.7%
   
Basic EPS  $0.63$0.95$0.77$0.55$0.46$0.24$0.22$0.18
Diluted EPS  $0.63$0.95$0.77$0.55$0.46$0.24$0.22$0.18
   
Shares outstanding (basic)  64.870.982.482.491.182.684.689.6
Shares outstanding (diluted)  64.870.982.482.491.182.684.789.6
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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