Kearny Financial Corp (KRNY) - Net Assets
Based on the latest financial reports, Kearny Financial Corp (KRNY) has net assets worth $757.40 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.62 Billion) and total liabilities ($6.86 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Kearny Financial Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $757.40 Million |
| % of Total Assets | 9.94% |
| Annual Growth Rate | 4.3% |
| 5-Year Change | -28.48% |
| 10-Year Change | -35.0% |
| Growth Volatility | 32.73 |
Kearny Financial Corp - Net Assets Trend (2003–2025)
This chart illustrates how Kearny Financial Corp's net assets have evolved over time, based on quarterly financial data. Also explore KRNY current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Kearny Financial Corp (2003–2025)
The table below shows the annual net assets of Kearny Financial Corp from 2003 to 2025. For live valuation and market cap data, see KRNY market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $745.96 Million | -1.01% |
| 2024-06-30 | $753.57 Million | -13.31% |
| 2023-06-30 | $869.28 Million | -2.76% |
| 2022-06-30 | $894.00 Million | -14.28% |
| 2021-06-30 | $1.04 Billion | -3.80% |
| 2020-06-30 | $1.08 Billion | -3.81% |
| 2019-06-30 | $1.13 Billion | -11.16% |
| 2018-06-30 | $1.27 Billion | +20.01% |
| 2017-06-30 | $1.06 Billion | -7.88% |
| 2016-06-30 | $1.15 Billion | -1.69% |
| 2015-06-30 | $1.17 Billion | +135.99% |
| 2014-06-30 | $494.68 Million | +5.77% |
| 2013-06-30 | $467.71 Million | -4.86% |
| 2012-06-30 | $491.62 Million | +0.77% |
| 2011-06-30 | $487.87 Million | +0.40% |
| 2010-06-30 | $485.93 Million | +1.93% |
| 2009-06-30 | $476.72 Million | +1.13% |
| 2008-06-30 | $471.37 Million | +1.90% |
| 2007-06-30 | $462.59 Million | -5.76% |
| 2006-06-30 | $490.89 Million | -2.89% |
| 2005-06-30 | $505.48 Million | +72.22% |
| 2004-06-30 | $293.50 Million | -0.73% |
| 2003-06-30 | $295.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kearny Financial Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 24.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $341.74 Million | 45.81% |
| Common Stock | $646.00K | 0.09% |
| Other Comprehensive Income | $-90.97 Million | -12.20% |
| Other Components | $494.55 Million | 66.30% |
| Total Equity | $745.96 Million | 100.00% |
Kearny Financial Corp Competitors by Market Cap
The table below lists competitors of Kearny Financial Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tactile Systems Technology Inc
NASDAQ:TCMD
|
$511.26 Million |
|
Shandong Lipeng Co Ltd
SHE:002374
|
$511.34 Million |
|
Nam Long Investment Corp
VN:NLG
|
$511.45 Million |
|
Sinocat Environmental Technology Co Ltd
SHG:688737
|
$511.76 Million |
|
Cementos Bio-B
SN:CEMENTOS
|
$511.20 Million |
|
TSRC Corp
TW:2103
|
$511.18 Million |
|
Medigen Vaccine Biologics
TWO:6547
|
$511.14 Million |
|
Shanghai Ailu Package Co. Ltd.
SHE:301062
|
$511.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kearny Financial Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 753,571,000 to 745,962,000, a change of -7,609,000 (-1.0%).
- Net income of 26,075,000 contributed positively to equity growth.
- Dividend payments of 27,634,000 reduced retained earnings.
- Share repurchases of 362,000 reduced equity.
- Other comprehensive income decreased equity by 27,811,000.
- Other factors increased equity by 22,123,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $26.07 Million | +3.5% |
| Dividends Paid | $27.63 Million | -3.7% |
| Share Repurchases | $362.00K | -0.05% |
| Other Comprehensive Income | $-27.81 Million | -3.73% |
| Other Changes | $22.12 Million | +2.97% |
| Total Change | $- | -1.01% |
Book Value vs Market Value Analysis
This analysis compares Kearny Financial Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.93x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-06-30 | $4.21 | $8.13 | x |
| 2004-06-30 | $4.18 | $8.13 | x |
| 2005-06-30 | $6.32 | $8.13 | x |
| 2006-06-30 | $4.85 | $8.13 | x |
| 2007-06-30 | $4.82 | $8.13 | x |
| 2008-06-30 | $4.96 | $8.13 | x |
| 2009-06-30 | $5.06 | $8.13 | x |
| 2010-06-30 | $5.18 | $8.13 | x |
| 2011-06-30 | $5.27 | $8.13 | x |
| 2012-06-30 | $5.36 | $8.13 | x |
| 2013-06-30 | $5.12 | $8.13 | x |
| 2014-06-30 | $5.44 | $8.13 | x |
| 2015-06-30 | $12.71 | $8.13 | x |
| 2016-06-30 | $12.80 | $8.13 | x |
| 2017-06-30 | $12.49 | $8.13 | x |
| 2018-06-30 | $15.35 | $8.13 | x |
| 2019-06-30 | $12.37 | $8.13 | x |
| 2020-06-30 | $12.96 | $8.13 | x |
| 2021-06-30 | $12.66 | $8.13 | x |
| 2022-06-30 | $12.60 | $8.13 | x |
| 2023-06-30 | $13.41 | $8.13 | x |
| 2024-06-30 | $12.07 | $8.13 | x |
| 2025-06-30 | $11.89 | $8.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kearny Financial Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.59%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 10.38x
- Recent ROE (3.50%) is above the historical average (1.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 1.37% | 4.12% | 0.05x | 6.75x | $-25.51 Million |
| 2004 | 4.39% | 16.40% | 0.04x | 6.60x | $-16.45 Million |
| 2005 | 3.74% | 20.55% | 0.04x | 4.17x | $-31.65 Million |
| 2006 | 2.02% | 10.37% | 0.05x | 4.23x | $-37.91 Million |
| 2007 | 0.42% | 1.97% | 0.05x | 4.14x | $-44.33 Million |
| 2008 | 1.25% | 5.94% | 0.05x | 4.42x | $-41.23 Million |
| 2009 | 1.34% | 6.43% | 0.05x | 4.46x | $-41.28 Million |
| 2010 | 1.40% | 7.09% | 0.04x | 4.82x | $-41.78 Million |
| 2011 | 1.61% | 7.46% | 0.04x | 5.95x | $-40.94 Million |
| 2012 | 1.03% | 5.04% | 0.03x | 5.97x | $-44.08 Million |
| 2013 | 1.39% | 6.22% | 0.03x | 6.73x | $-40.26 Million |
| 2014 | 2.06% | 9.80% | 0.03x | 7.10x | $-39.28 Million |
| 2015 | 0.48% | 4.94% | 0.03x | 3.63x | $-111.11 Million |
| 2016 | 1.38% | 11.50% | 0.03x | 3.92x | $-98.94 Million |
| 2017 | 1.76% | 12.37% | 0.03x | 4.56x | $-87.12 Million |
| 2018 | 1.54% | 10.61% | 0.03x | 5.19x | $-107.28 Million |
| 2019 | 3.74% | 16.80% | 0.04x | 5.89x | $-70.57 Million |
| 2020 | 4.15% | 17.78% | 0.04x | 6.23x | $-63.45 Million |
| 2021 | 6.06% | 24.69% | 0.04x | 6.98x | $-41.06 Million |
| 2022 | 7.56% | 28.12% | 0.03x | 8.64x | $-21.85 Million |
| 2023 | 4.69% | 22.85% | 0.02x | 9.28x | $-46.12 Million |
| 2024 | -11.50% | -26.51% | 0.04x | 10.20x | $-162.02 Million |
| 2025 | 3.50% | 7.59% | 0.04x | 10.38x | $-48.52 Million |
Industry Comparison
This section compares Kearny Financial Corp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $257,182,800
- Average return on equity (ROE) among peers: 11.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kearny Financial Corp (KRNY) | $757.40 Million | 1.37% | 9.06x | $511.24 Million |
| Ameris Bancorp (ABCB) | $178.73 Million | 12.38% | 10.46x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $112.55 Million | 10.67% | 9.38x | $5.70 Billion |
| ACNB Corporation (ACNB) | $97.47 Million | 8.72% | 9.31x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $76.38 Million | 0.59% | 3.01x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $76.88 Million | 9.28% | 8.37x | $647.19 Million |
| Amalgamated Bank (AMAL) | $794.46 Million | 13.15% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $753.45 Million | 5.71% | 10.20x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $39.70 Million | 9.32% | 17.20x | $601.02 Million |
| Associated Banc-Corp (ASB) | $325.60 Million | 34.40% | 10.36x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $116.60 Million | 10.72% | 9.65x | $62.60 Million |
About Kearny Financial Corp
Kearny Financial Corp. operates as the holding company for Kearny Bank that provides various banking products and services in the United States. The company offers various deposit products, including interest-bearing and non-interest-bearing checking accounts, money market deposit accounts, savings accounts, and certificates of deposit accounts. It also provides various loans, such as multi-famil… Read more