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Kearny Financial (KRNY) Loans - Loss Allowance (2016 - 2023)

Kearny Financial (KRNY) has disclosed Loans - Loss Allowance for 10 consecutive years, with $49.1 million as the latest value for Q1 2023.

  • Quarterly Loans - Loss Allowance rose 12.0% to $49.1 million in Q1 2023 from the year-ago period, while the trailing twelve-month figure was $49.1 million through Mar 2023, up 12.0% year-over-year, with the annual reading at $47.1 million for FY2022, 19.1% down from the prior year.
  • Loans - Loss Allowance for Q1 2023 was $49.1 million at Kearny Financial, up from $48.9 million in the prior quarter.
  • The five-year high for Loans - Loss Allowance was $64.9 million in Q3 2020, with the low at $30.9 million in Q4 2019.
  • Average Loans - Loss Allowance over 5 years is $46.5 million, with a median of $47.6 million recorded in 2022.
  • The sharpest move saw Loans - Loss Allowance surged 104.89% in 2020, then crashed 31.21% in 2022.
  • Over 5 years, Loans - Loss Allowance stood at $30.9 million in 2019, then surged by 104.89% to $63.4 million in 2020, then dropped by 23.93% to $48.2 million in 2021, then rose by 1.37% to $48.9 million in 2022, then rose by 0.5% to $49.1 million in 2023.
  • According to Business Quant data, Loans - Loss Allowance over the past three periods came in at $49.1 million, $48.9 million, and $47.6 million for Q1 2023, Q4 2022, and Q3 2022 respectively.