Kearny Historical Income Statement

KRNY Stock  USD 8.07  0.14  1.71%   
Historical analysis of Kearny Financial income statement accounts such as Selling And Marketing Expenses of 1.7 M can show how well Kearny Financial Corp performed in making a profits. Evaluating Kearny Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Kearny Financial's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Kearny Financial Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Kearny Financial Corp is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kearny Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Kearny Income Statement Analysis

Kearny Financial Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Kearny Financial shareholders. The income statement also shows Kearny investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Kearny Financial Income Statement Chart

At this time, Kearny Financial's Interest Expense is fairly stable compared to the past year. Selling And Marketing Expenses is likely to rise to about 1.7 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 4 M in 2024.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Kearny Financial Corp minus its cost of goods sold. It is profit before Kearny Financial operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Net Income Applicable To Common Shares

The net income that remains after preferred dividends have been deducted, available to common shareholders.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
Most accounts from Kearny Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Kearny Financial Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kearny Financial Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Kearny Financial's Interest Expense is fairly stable compared to the past year. Selling And Marketing Expenses is likely to rise to about 1.7 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 4 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense29.7M117.9M186.3M195.6M
Depreciation And Amortization6.7M6.3M5.3M4.0M

Kearny Financial income statement Correlations

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0.350.380.080.220.220.8-0.27-0.71-0.70.55-0.62-0.23-0.680.030.48-0.68-0.840.080.460.760.530.83
0.80.380.620.940.940.430.350.030.05-0.190.290.250.210.660.740.25-0.060.810.880.870.820.24
0.40.080.620.670.670.070.570.410.42-0.320.440.150.390.60.570.420.130.730.550.430.43-0.19
0.890.220.940.671.00.350.560.260.27-0.330.520.30.440.850.740.470.060.940.940.770.880.02
0.890.220.940.671.00.350.560.250.27-0.330.520.30.440.850.740.470.060.940.940.770.880.02
0.460.80.430.070.350.35-0.35-0.57-0.560.07-0.360.19-0.410.140.39-0.4-0.60.160.510.720.620.59
0.52-0.270.350.570.560.56-0.350.780.79-0.310.74-0.10.690.770.490.680.430.70.470.170.36-0.43
0.18-0.710.030.410.260.25-0.570.781.0-0.720.910.280.930.440.080.910.840.380.05-0.28-0.05-0.87
0.2-0.70.050.420.270.27-0.560.791.0-0.720.920.280.930.460.10.920.840.40.07-0.26-0.03-0.86
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0.45-0.620.290.440.520.52-0.360.740.910.92-0.810.520.990.640.210.990.780.60.33-0.060.25-0.8
0.3-0.230.250.150.30.30.19-0.10.280.28-0.770.520.550.130.010.560.460.160.180.070.22-0.47
0.37-0.680.210.390.440.44-0.410.690.930.93-0.840.990.550.550.121.00.830.510.23-0.140.16-0.86
0.790.030.660.60.850.850.140.770.440.46-0.280.640.130.550.680.550.120.950.830.510.74-0.16
0.790.480.740.570.740.740.390.490.080.10.00.210.010.120.680.12-0.080.730.750.820.690.32
0.37-0.680.250.420.470.47-0.40.680.910.92-0.840.990.561.00.550.120.820.530.25-0.120.18-0.85
0.0-0.84-0.060.130.060.06-0.60.430.840.84-0.770.780.460.830.12-0.080.820.1-0.23-0.4-0.3-0.8
0.790.080.810.730.940.940.160.70.380.4-0.280.60.160.510.950.730.530.10.870.60.77-0.1
0.920.460.880.550.940.940.510.470.050.07-0.110.330.180.230.830.750.25-0.230.870.850.970.2
0.80.760.870.430.770.770.720.17-0.28-0.260.1-0.060.07-0.140.510.82-0.12-0.40.60.850.860.56
0.930.530.820.430.880.880.620.36-0.05-0.03-0.10.250.220.160.740.690.18-0.30.770.970.860.25
0.110.830.24-0.190.020.020.59-0.43-0.87-0.860.77-0.8-0.47-0.86-0.160.32-0.85-0.8-0.10.20.560.25
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Kearny Financial Account Relationship Matchups

Kearny Financial income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.8M6.8M6.7M6.3M5.3M4.0M
Interest Expense83.9M49.9M29.7M117.9M186.3M195.6M
Selling General Administrative65.4M73.7M80.9M82.1M76.7M48.2M
Selling And Marketing Expenses2.8M2.2M2.1M2.1M1.4M1.7M
Total Revenue169.1M206.2M210.5M178.6M140.6M110.3M
Gross Profit169.1M206.2M210.5M178.6M140.6M110.4M
Other Operating Expenses111.8M121.7M2.1M126.2M140.6M147.6M
Operating Income57.3M84.5M122.0M52.4M21.9M20.8M
Ebit57.3M84.5M92.3M52.4M(108.0M)(102.6M)
Ebitda63.1M91.3M99.0M58.7M(102.7M)(97.6M)
Total Operating Expenses(111.8M)(121.7M)2.1M(126.2M)140.6M147.6M
Income Before Tax57.3M84.5M92.3M52.4M(80.8M)(76.7M)
Total Other Income Expense Net57.3M(5.1M)(29.7M)52.4M(80.8M)(76.7M)
Net Income45.0M63.2M67.5M40.8M(86.7M)(82.3M)
Income Tax Expense12.3M21.3M24.8M11.6M5.9M8.3M
Net Income Applicable To Common Shares45.0M63.2M67.5M40.8M46.9M49.3M
Net Income From Continuing Ops45.0M63.2M67.5M40.8M(86.7M)(82.3M)
Tax Provision12.3M21.3M24.8M11.6M5.9M5.6M
Net Interest Income149.4M184.5M196.6M175.9M142.6M154.4M
Interest Income233.2M234.4M226.3M293.7M328.9M230.7M
Reconciled Depreciation5.8M6.8M6.7M6.3M5.3M5.9M

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When running Kearny Financial's price analysis, check to measure Kearny Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kearny Financial is operating at the current time. Most of Kearny Financial's value examination focuses on studying past and present price action to predict the probability of Kearny Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kearny Financial's price. Additionally, you may evaluate how the addition of Kearny Financial to your portfolios can decrease your overall portfolio volatility.