Kearny Financial (KRNY) Tax Rate (2016 - 2023)

Kearny Financial (KRNY) has disclosed Tax Rate for 11 consecutive years, with 21.95% as the latest value for Q2 2023.

  • Quarterly Tax Rate fell 505.0% to 21.95% in Q2 2023 from the year-ago period, while the trailing twelve-month figure was 22.09% through Jun 2023, down 477.0% year-over-year, with the annual reading at 15.88% for FY2025, 2318.0% up from the prior year.
  • Tax Rate for Q2 2023 was 21.95% at Kearny Financial, roughly flat from 21.96% in the prior quarter.
  • The five-year high for Tax Rate was 27.56% in Q2 2021, with the low at 1.66% in Q4 2022.
  • Average Tax Rate over 5 years is 22.33%, with a median of 25.06% recorded in 2019.
  • The sharpest move saw Tax Rate plummeted -2501bps in 2020, then soared 2350bps in 2021.
  • Over 5 years, Tax Rate stood at 24.98% in 2019, then fell by 0bps to 24.88% in 2020, then rose by 7bps to 26.6% in 2021, then tumbled by -94bps to 1.66% in 2022, then soared by 1220bps to 21.95% in 2023.
  • According to Business Quant data, Tax Rate over the past three periods came in at 21.95%, 21.96%, and 1.66% for Q2 2023, Q1 2023, and Q4 2022 respectively.