NASDAQ$KRNY
Kearny Financial Corp · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported net income of $16.5 million, or $0.25 per diluted share, for the quarter ended September 30, 2022.
Kearny Financial Corp. reported a net income of $16.5 million, or $0.25 per diluted share, for the quarter ended September 30, 2022. The company's total assets increased to $7.89 billion, with growth in loans and deposits. The Board of Directors declared a quarterly cash dividend of $0.11 per share.
- Net income for the quarter ended September 30, 2022 was $16.5 million, or $0.25 per diluted share.
- Total assets increased to $7.89 billion at September 30, 2022.
- Loans receivable increased to $5.66 billion at September 30, 2022.
- The Board of Directors declared a quarterly cash dividend of $0.11 per share.
Headline financials
Revenue & EPS history
Kearny Financial · Revenue · Quarterly
$54.4M
Revenue by segment
Kearny Financial · $58.3M total across 4 segments · Q3 2021
- Loans$49.3M—84.6%
- Taxable Inv. Securities$7.89M—13.5%
- Other Int. Assets$705K—1.2%
- Tax-Exempt Inv. Securities$410K—0.7%
Forward guidance
The company expects loan growth to moderate and is focusing origination efforts on loan segments with the greatest risk-adjusted returns. They have added $600 million of derivative notional and made targeted adjustments to reduce risk and support future earnings.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+0.1%
Avg return
Earnings day
-0.5%
Avg return
5 days after
+0.1%
Avg return
30 days after
55%
35 / 64 earnings
Positive
+11.8%
Q3 2020
Best reaction
-8.4%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | +2.5% | +4.8% | +4.1% | |
| Q2 2026 | -1.8% | -0.5% | -7.9% | |
| Q1 2026 | -2.2% | -2.2% | -0.9% | |
| Q3 2025 | +4.7% | +2.3% | -2.6% | |
| Q2 2025 | -5.5% | -4.1% | -4.0% | |
| Q1 2025 | -6.2% | -2.2% | +14.4% | |
| Q4 2024 | +0.4% | +0.7% | -3.5% | |
| Q3 2024 | -4.8% | -10.1% | -5.7% | |
| Q2 2024 | -6.8% | -7.2% | -21.9% | |
| Q1 2024 | +3.8% | +4.7% | +20.2% | |
| Q4 2023 | +6.8% | +2.9% | -9.9% | |
| Q3 2023 | +3.7% | -1.3% | -4.9% | |
| Q2 2023 | -8.4% | -9.2% | -3.6% | |
| Q1 2023 | -4.3% | -11.1% | -14.3% | |
| Q4 2022 | -0.8% | +1.4% | -0.4% | |
| Q3 2022 | -2.6% | -3.4% | +1.8% | |
| Q2 2022 | -1.1% | -0.5% | +1.2% | |
| Q1 2022 | +1.1% | +2.1% | -2.5% | |
| Q4 2021 | -0.6% | +2.8% | +9.4% | |
| Q3 2021 | +1.5% | +3.2% | +4.1% | |
| Q2 2021 | +2.5% | +3.1% | +12.4% | |
| Q1 2021 | -1.8% | +4.8% | +19.5% | |
| Q4 2020 | +2.9% | -3.1% | +1.0% | |
| Q3 2020 | +11.8% | +6.6% | +3.0% | |
| Q2 2020 | -5.1% | -6.8% | -16.2% | |
| Q1 2020 | +1.7% | +2.8% | +2.2% | |
| Q4 2019 | -3.0% | -4.7% | -8.4% | |
| Q3 2019 | +3.4% | +3.9% | -0.2% | |
| Q2 2019 | -2.8% | -0.8% | +3.2% | |
| Q1 2019 | -1.2% | -1.6% | +1.3% | |
| Q4 2018 | +7.9% | +3.8% | +2.3% | |
| Q3 2018 | +4.9% | +4.9% | +7.1% | |
| Q2 2018 | +1.5% | -0.7% | -4.4% | |
| Q1 2018 | -2.9% | -4.5% | -2.6% | |
| Q4 2017 | -0.7% | -1.4% | -3.1% | |
| Q3 2017 | -4.9% | -6.2% | -8.8% | |
| Q2 2017 | +5.5% | +5.5% | +6.2% | |
| Q1 2017 | +0.0% | -1.8% | +9.7% | |
| Q4 2016 | +0.5% | +1.9% | +5.6% | |
| Q3 2015 | -2.3% | — | — | |
| Q3 2016 | +0.4% | — | — | |
| Q2 2016 | -3.7% | — | — | |
| Q1 2016 | +0.8% | — | — | |
| Q1 2015 | +0.8% | — | — | |
| Q4 2015 | +0.8% | — | — | |
| Q4 2014 | +0.8% | — | — | |
| Q4 2013 | +0.8% | — | — | |
| Q2 2015 | +0.8% | — | — | |
| Q1 2014 | +0.8% | — | — | |
| Q2 2014 | +0.8% | — | — | |
| Q3 2014 | +0.8% | — | — | |
| Q3 2013 | -1.2% | — | — | |
| Q2 2013 | +3.2% | — | — | |
| Q1 2013 | -0.7% | — | — | |
| Q4 2012 | +0.3% | — | — | |
| Q3 2012 | +2.4% | — | — | |
| Q2 2012 | +1.0% | — | — | |
| Q1 2012 | -3.3% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q2 2010 | +1.9% | — | — | |
| Q1 2010 | -0.8% | — | — | |
| Q4 2010 | -1.2% | — | — | |
| Q3 2010 | -0.7% | — | — |
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