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Kearny Financial Corp (KRNY) Files 10-K for the Fiscal Year Ended on June 30, 2019

Kearny Financial Corp (NASDAQ:KRNY) files its latest 10-K with SEC for the fiscal year ended on June 30, 2019. Kearny Financial Corp operates federally-chartered stock savings bank. The company is engaged in the business of attracting deposits from the public. These deposits are used to originate or purchase loans for its portfolios and invest in securities. Kearny Financial Corp has a market cap of $1.13 billion; its shares were traded at around $12.50 with a P/E ratio of 26.58 and P/S ratio of 6.79. The dividend yield of Kearny Financial Corp stocks is 1.67%. GuruFocus has detected 3 severe warning signs with Kearny Financial Corp. .

For the last quarter Kearny Financial Corp reported a revenue of $40.5 million, compared with the revenue of $43.95 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $168.9 million, an increase of 25.5% from last year. For the complete 30-year financial data, please go here.. For the last five years Kearny Financial Corp had an average revenue growth rate of 15.2% a year.

The reported diluted earnings per share was 46 cents for the year, an increase of 91.7% from previous year. Over the last five years Kearny Financial Corp had an EPS growth rate of 39% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Kearny Financial Corp has the cash and cash equivalents of $38.9 million, compared with $128.9 million in the previous year. The long term debt was $1.3 billion, compared with $1.2 billion in the previous year. Kearny Financial Corp has a financial strength rank of 3 (out of 10).

At the current stock price of $12.50, Kearny Financial Corp is traded at 34% discount to its historical median P/S valuation band of $18.95. The P/S ratio of the stock is 6.79, while the historical median P/S ratio is 10.31. The stock lost 8.39% during the past 12 months.

Directors and Officers Recent Trades:

  • Director John F Regan sold 3,500 shares of KRNY stock on 08/26/2019 at the average price of $12.38. The price of the stock has increased by 0.97% since.

For the complete 20-year historical financial data of KRNY, click here.

This article first appeared on GuruFocus.