NASDAQ$KRNY
Kearny Financial Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported net income of $17.7 million for the quarter ended March 31, 2022.
Kearny Financial Corp. reported a net income of $17.7 million, or $0.25 per diluted share, for the quarter ended March 31, 2022. Total loans increased by $176.8 million, and core non-maturity deposits increased by $66.2 million.
- Net income for the quarter ended March 31, 2022 was $17.7 million, or $0.25 per diluted share.
- Loans receivable increased $176.8 million to $5.00 billion at March 31, 2022.
- Deposits increased $74.6 million to $5.53 billion at March 31, 2022.
- The Board of Directors declared a quarterly cash dividend of $0.11 per share.
Headline financials
Revenue & EPS history
Kearny Financial · Revenue · Quarterly
$50.9M
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 remains steadfast in the execution of its strategic plan, with its focus on the continued growth of long-term shareholder value.
Tailwinds
- Ongoing strength of the commercial loan pipeline, which totaled $1.5 billion at quarter end.
- Core business prospects remain strong.
- Markets are ripe with opportunity.
- Focus on the continued growth of long-term shareholder value.
- Execution of strategic plan.
Headwinds
- Intermediate and long-term interest rates increased at a rapid pace.
- Inflation risks.
- Supply chain risks.
- Geopolitical risks.
- U.S. economic outlook faces shadow.
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 Q3 2022
+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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