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Acquisitions at other companies

Bridgewater Bancshares, Inc. logo
Bridgewater Bancshares, Inc.BWB
-$4.32M
Equity Bancshares logo
Equity BancsharesEQBK
$6.01M

Other financials

Income statement

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Revenue$45.7M+11.9%
Net income$7.2M+6.0%
EPS (diluted)$0.110.0%

Balance sheet

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Cash & equivalents$114.8M-31.4%
Total debt$1.1B-12.7%
Total equity$766.7M+2.8%
Total assets$7.7B-0.8%

Cash flow

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Operating cash flow$7.9M-52.8%
CapEx$305.0K+110%
Free cash flow$7.6M-54.2%

Valuation

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Market cap$595.33M+55.2%
P/E16.4×+1.7×
P/S3.3×+0.9×

Profitability

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Net margin20.4%+3.4pp
FCF margin17.3%+4.0pp

Returns & leverage

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Return on equity4.8%+1.3pp
Debt / equity1.4×-0.2×

Where this comes from

Reported directly by Kearny Financial in its filing.

Tagged under the XBRL concept us-gaap:FairValueOfAssetsAcquired.

The source filing: Kearny Financial’s 10-K, filed August 25, 2023.

Filed
Aug 25, 2023
Fiscal year
FY2023
Accession
0001617242-23-000067
Line itemYears Ended June 30, 2023Years Ended June 30, 2022Years Ended June 30, 2021
Cash paid during the year for:
Income taxes, net of refunds$9,883$15,552$19,734
Interest$108,516$28,816$50,488
Non-cash investing and financing activities:
Transfers from loans receivable to loans held-for-sale$3,545$27,036$43,579
Acquisition of other real estate owned in settlement of loans$13,232$703
Fair value of assets acquired, net of cash and cash equivalents acquired$567,816
Fair value of liabilities assumed$523,926

Item 16. Form 10-K Summary

FAQ

What is Kearny Financial's acquisitions?
Kearny Financial (KRNY) reported acquisitions of $0 in Q2 2023.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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