earnings
confidence high
sentiment positive
materiality 0.70
Kearny Financial Q1 fiscal 2023 net income $16.5M, EPS $0.25; declares $0.11 dividend
Kearny Financial Corp.
2023-Q1 EPS reported
$0.25
revenue$763,000
- Net income $16.5M ($0.25 diluted EPS) vs. $11.4M ($0.17) in prior quarter.
- Net interest margin narrowed 23 bps to 2.69%; net interest income $48.5M.
- Loans grew $238.5M (+4.4%) to $5.66B; deposits up $246M (+4.2%) to $6.11B.
- Non-performing assets fell $14.8M to $77.4M (0.98% of assets); provision for credit losses $670K.
- Quarterly cash dividend $0.11/share declared, payable Nov 23, 2022 to holders of record Nov 9.