Skip to content

Kearny Financial KRNY Bank Owned Life Insurance Income

Discontinued — last reported Q4 '26

Bank Owned Life Insurance Income at other companies

Columbia Financial, Inc. logo
Columbia Financial, Inc.CLBK
$2.17M+16.9%
Bridgewater Bancshares, Inc. logo
Bridgewater Bancshares, Inc.BWB
$451K+16.5%
Texas Community Bancshares, Inc. logo
Texas Community Bancshares, Inc.TCBS
$43K+4.9%
Equity Bancshares logo
Equity BancsharesEQBK
$1.62M+22.9%
NFB
NFBKNFBK
$1.89M+15.4%
PCB Bancorp logo
PCB BancorpPCB
$274K+10.9%

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

See full
Market cap$607.3M+53.4%
P/E16.8×+1.6×
P/S3.4×+0.8×

Profitability

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

Returns & leverage

See full
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:BankOwnedLifeInsuranceIncome.

The official record: Kearny Financial’s 8-K, filed July 23, 2026, on SEC EDGAR. View the filing →

Ask your AI about Kearny Financial's bank owned life insurance income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Kearny Financial's bank owned life insurance income?
Kearny Financial (KRNY) reported bank owned life insurance income of $2.71M in Q2 2026.
How has Kearny Financial's bank owned life insurance income changed year-over-year?
Kearny Financial's bank owned life insurance income decreased by 5.7% year-over-year, from $2.87M to $2.71M.
What is the long-term trend for Kearny Financial's bank owned life insurance income?
Over 4 years (2022 to 2026), Kearny Financial's bank owned life insurance income has grown at a 14.9% compound annual growth rate (CAGR), from $6.17M to $10.75M.
What does bank owned life insurance income mean?
This represents the income or increase in cash surrender value derived from life insurance policies held by the bank on its employees or executives. It acts as a tax-advantaged non-interest income stream used to offset the costs of employee benefit programs.