Kearny Financial (KRNY) Non Operating Interest Expenses (2013 - 2024)
Kearny Financial's (KRNY) quarterly Non Operating Interest Expenses came in at $47.8 million in Q1 2024, up 37.26% year-over-year from $34.8 million in Q2 2023, and up 2.09% quarter-over-quarter from $46.8 million in Q4 2023.
Analysis
Kearny Financial (KRNY) Non Operating Interest Expenses (2013 - 2024) Analysis & Trends
Kearny Financial (KRNY) has reported Non Operating Interest Expenses for 12 consecutive years, with $47.8 million the latest figure, recorded in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 37.26% year-over-year to $47.8 million in Q1 2024; TTM through Mar 2024 was $176.1 million, a 104.02% increase from a year earlier, with the FY2023 full-year figure at $117.9 million, up 297.25% from the prior year.
- Non Operating Interest Expenses was $47.8 million for Q1 2024 at Kearny Financial, up from $46.8 million in the prior quarter.
- Over five years, Non Operating Interest Expenses peaked at $47.8 million in Q1 2024 and troughed at $6.9 million in Q1 2022.
- A 5-year average of $21.9 million and a median of $16.7 million in 2020 frame the typical range for Non Operating Interest Expenses.
- Across the five-year window, Non Operating Interest Expenses tumbled 54.46% in 2021 and jumped 406.26% in 2023, its largest moves.
- Over 5 years, Non Operating Interest Expenses stood at $13.8 million in 2020, then tumbled by 47.8% to $7.2 million in 2021, then jumped by 282.81% to $27.7 million in 2022, then soared by 69.16% to $46.8 million in 2023, then advanced by 2.09% to $47.8 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $47.8 million (Q1 2024), $46.8 million (Q4 2023), and $42.0 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | TFS Financial | 4.75 Bn | 4.25 Bn | - | 34.97 Mn |
| 2 | Columbia Financial | 1.16 Bn | 878.95 Mn | - | 648,000.00 |
| 3 | Capitol Federal Financial | 1.09 Bn | 952.08 Mn | - | 1.37 Mn |
| 4 | Trustco Bank Corp N Y | 993.16 Mn | 286.49 Mn | - | 586,000.00 |
| 5 | Northfield Bancorp | 639.40 Mn | 385.97 Mn | - | - |
| 6 | Kearny Financial | 613.89 Mn | 499.06 Mn | - | - |
| 7 | Greene County Bancorp | 595.51 Mn | 212.65 Mn | - | 111,000.00 |
| 8 | NorthEast Community Bancorp | 368.71 Mn | 267.97 Mn | - | 43,000.00 |
| 9 | Western New England Bancorp | 268.83 Mn | 230.50 Mn | - | 457,000.00 |
| 10 | FB Bancorp | 258.41 Mn | 213.20 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 47.77 Mn |
| Dec 31, 2023 | 46.79 Mn |
| Sep 30, 2023 | 42.01 Mn |
| Jun 30, 2023 | 39.51 Mn |
| Mar 31, 2023 | 34.80 Mn |
| Dec 31, 2022 | 27.66 Mn |
| Sep 30, 2022 | 15.89 Mn |
| Jun 30, 2022 | 7.95 Mn |
| Mar 31, 2022 | 6.87 Mn |
| Dec 31, 2021 | 7.23 Mn |
| Sep 30, 2021 | 7.62 Mn |
| Jun 30, 2021 | 8.61 Mn |
| Mar 31, 2021 | 10.68 Mn |
| Dec 31, 2020 | 13.84 Mn |
| Sep 30, 2020 | 16.72 Mn |
| Jun 30, 2020 | 16.90 Mn |
| Mar 31, 2020 | 21.17 Mn |
| Dec 31, 2019 | 22.58 Mn |
| Sep 30, 2019 | 23.21 Mn |
| Jun 30, 2019 | 22.30 Mn |