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Kearny Financial KRNY Accretion (Amortization) of Discounts and Premiums, Investments

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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:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

The source filing: Kearny Financial’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 11:28 AM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q1 2026
Accession
0001617242-26-000009
Line itemNine Months Ended March 31, 2026Nine Months Ended March 31, 2025
Net income$29,092$19,306
Adjustment to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of premises and equipment3,0243,307
Net accretion of yield adjustments(558)(1,107)
Deferred income taxes1,58513
Realized mark to market gain on hedge(63)
Amortization of intangible assets355377
Net change in benefit plan accrued expense(107)61

Item 1. Financial Statements

FAQ

What is Kearny Financial's accretion (amortization) of discounts and premiums, investments?
Kearny Financial (KRNY) reported accretion (amortization) of discounts and premiums, investments of $129K in Q1 2026.
How has Kearny Financial's accretion (amortization) of discounts and premiums, investments changed year-over-year?
Kearny Financial's accretion (amortization) of discounts and premiums, investments decreased by 43.7% year-over-year, from $229K to $129K.
What is the long-term trend for Kearny Financial's accretion (amortization) of discounts and premiums, investments?
Over 3 years (2022 to 2025), Kearny Financial's accretion (amortization) of discounts and premiums, investments has grown at a -41.5% compound annual growth rate (CAGR), from $5.67M to $1.13M.
What does accretion (amortization) of discounts and premiums, investments mean?
This represents the non-cash adjustment to interest income resulting from the amortization of premiums or the accretion of discounts on investment securities. It reflects the systematic adjustment of the carrying value of debt securities toward their par value over the remaining life of the instrument. This metric is essential for understanding the effective yield of the bank's investment portfolio.

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