KRNYKearny Financial Corp.
Savings Institution, Federally Chartered
- Revenue
- —
- Operating margin
- —
- EBITDA
- —
- Market cap
- $589M
- Employees
- 549
- Net debt / EBITDA
- —
- $1.0B net debt
- AI in 10-K
- 1.7
- mentions per 10K words
Takeover score 4 of 13
Fixable underperformance 2 of 7
- TSR below peersYes4 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$2M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo104% of net incomeCash flow under 80% of net income
- Dilutive SBCYes146% of revenueOver 10% of revenue
- Payouts exceed cash flowNo85% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo1% of assetsOver 40% of assets
- Shareholder dissentNo84% lowest supportAny vote under 80% support
Buyer economics 2 of 4
- Low revenue per employeeYes$5K · 3rd pctBottom quartile of its SIC industry
- Quiet on AINo1.7 per 10K words · 50th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo—More cash than debt, positive EBITDA
- Buyout-sizedYes$589M market capMarket cap $500M–$5B
Catalysts 0 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingNo$328K netNet sales over $10M in 12 months
Financials
| Metric | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $3M | — | — | — | — | |
| Net income | $68M | $41M | −$87M | $26M | $36M | 39% |
| Operating cash flow | $81M | $70M | $44M | $25M | $38M | 52% |
| Capex | $3M | $1M | $1M | $3M | $2M | 27% |
| Stock-based comp | $6M | $5M | $4M | $3M | $4M | 19% |
| Dividends | $31M | $28M | $28M | $28M | $28M | 0.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $410K · 17
- Open-market sells, 12 mo
- $82K · 9
- Net
- $328K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2026 | $2M | $2M | 104 | 148 |
| FY2025 | $1M | $1M | 67 | 114 |
| FY2024 | $1M | $1M | 59 | 93 |
| FY2023 | $2M | $1M | 64 | 75 |
| FY2022 | $2M | $2M | 96 | 93 |