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what it is
Kearny Financial runs a community bank that takes deposits, makes loans, and buys securities in New Jersey and New York.
how it gets paid
Last year Kearny Financial made $324M in revenue. Net interest income was the main engine at $0.23B, or 71% of sales.
why growth slowed
Revenue fell 1.3% last year. Revenue growth was 102% vs. prior year. That is the cleanest proof that the quarter was better than the prior year.
what just happened
Revenue hit $163M and EPS reached $0.30 in the latest quarter.
At a glance
C++ balance sheet — some cracks in the foundation
15/100 earnings predictability — expect surprises
14.3x trailing p/e — the market's not buying it — or you found a deal
6.1% dividend yield — cash in your pocket every quarter
$0.42 fy2025 eps est
xvary composite: 60/100 — average
What they do
Kearny Financial runs a community bank that takes deposits, makes loans, and buys securities in New Jersey and New York.
Your money stays local here. Kearny pulls deposits from New Jersey and New York communities, then lends back into the same market. That is a small-bank loop, not a national brand chase. It runs $7.62B in assets with 552 employees, which is lean for a bank that lives on trust and repeat depositors.
How they make money
$324M
annual revenue · their business grew -1.3% last year
Net interest income
$0.23B
Residential mortgage loans
$0.03B
Commercial real estate loans
$0.03B
Commercial business and construction loans
$0.02B
Fee and other income
$0.01B
The products that matter
commercial property lending
Commercial real estate loans
core credit exposure
management's own risk work flags this as the most acute economic risk, which matters a lot when the revenue shown here is only about $50.6M for the period.
top risk
consumer and business funding
Deposits
backs a $6.4B asset base
the bank holds $6.4B in total assets, and the whole model works only if deposits stay sticky enough to fund loans without crushing margins.
funding base
fees and other banking income
Non-interest income
~$7.6M in the period shown
non-interest income is only about $7.6M here, so this is still overwhelmingly a spread business rather than a diversified fee machine.
small buffer
Key numbers
6.1%
dividend yield
You get 6.1 cents a year for every dollar you own. The catch is a bank with a 73% debt-to-capital load.
$1.3B
long debt
This is the number you watch if credit tightens. It is 73% of capital, so the balance sheet is not bulletproof.
$7.62B
assets
This is the size of the machine. A $7.62B bank does not get national pricing power, so local lending matters more.
14.3x
trailing p/e
You are paying 14.3 times trailing profit. For a C++ balance sheet, that is not a bargain.
Financial health
C++
strength
- balance sheet grade C++ — below average — limited financial resources
- risk rank 1 — safer than 95% of stocks
- price stability 55 / 100
- long-term debt $1.3B (73% of capital)
C++ — balance sheet grade and long-term debt are flagged. this stock carries more risk than average.
Total return vs. market
Return history isn't available for KRNY right now.
source: institutional data · return history unavailable
What just happened
beat estimates
Revenue hit $163M and EPS reached $0.30 in the latest quarter.
Revenue was up 102% vs. prior year, and EPS was up 100%. The bank is growing off a weak base, so the size of the rebound matters more than the victory lap.
$163M
revenue
$0.30
eps
102%
revenue growth
the number that mattered
Revenue growth was 102% vs. prior year. That is the cleanest proof that the quarter was better than the prior year, even if the base was ugly.
source: company earnings report, 2026
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What could go wrong
the #1 risk here is commercial real estate loan exposure inside a bank that already needs its margin story to improve.
high
commercial real estate concentration
the bank's own risk review calls CRE its most acute economic exposure. when a regional bank is concentrated here, credit issues do not stay politely contained.
a CRE downturn could jeopardize roughly 15% of annual revenue
med
margin recovery never really arrives
quarterly EPS was $0.15, the same as q1 2026, while revenue fell 1.3% last year. if deposit costs stay stubborn, the recovery thesis stops being a thesis and starts being a hope.
would make a 14.4x p/e look rich for a small bank
med
balance-sheet flexibility is limited
long-term debt is $1.3B, or 73% of capital, and the balance sheet grade is only C++. that does not scream distress. it also does not scream room for error.
less flexibility if credit costs or funding costs move the wrong way
low
the 6.1% yield attracts attention for the wrong reason
high yields can be a gift or a warning label. with fy2025 EPS estimated at $0.42, you need earnings stability for the payout story to feel durable.
income appeal fades quickly if earnings soften further
the combined risk picture is simple: if margin recovery stalls, a bank with CRE exposure, 73% debt-to-capital, and a peer-premium valuation loses its main defense fast.
source: institutional data · regulatory filings · risk analysis
Pay attention to
metric
quarterly EPS above $0.15
that is the current run rate from q3 2026. if it does not move higher, the recovery case stays theoretical.
calendar
next earnings report
scheduled for april 23, 2026. this is where you look for any real change in net interest margin and deposit cost pressure.
trend
forecasts versus reality
analysts expect 35% EPS growth and 14.7% revenue growth. that is a real rebound if it happens. until then, it is a spreadsheet.
risk
commercial real estate credit quality
CRE is the most specific risk on the page. any sign of worsening credit here would hit the thesis faster than almost anything else.
Analyst rankings
earnings predictability
15 / 100
in human-speak, analysts do not view this as a smooth, easy-to-model earnings story.
street stance
2 of 3 positive
most of the small analyst group expects improvement. the small sample size matters almost as much as the optimism.
source: institutional data
Institutional activity
institutional ownership data for KRNY is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$7
current price
n/a
target midpoint · n/a from current
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