Kearny Financial's Total Assets for the quarter that ended in Dec. 2023 was $7,897.8 Mil.
During the past 12 months, Kearny Financial's average Total Assets Growth Rate was -3.60% per year.
During the past 3 years, the average Total Assets Growth Rate was 9.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 9.40% per year.
During the past 13 years, Kearny Financial's highest 3-Year average Total Assets Growth Rate was 18.10%. The lowest was -2.60%. And the median was 7.95%.
Total Assets is connected with ROA %. Kearny Financial's annualizedROA % for the quarter that ended in Dec. 2023 was -0.70%. Total Assets is also linked to Revenue through Asset Turnover. Kearny Financial's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.
Kearny Financial Total Assets Historical Data
The historical data trend for Kearny Financial's Total Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Kearny Financial Annual Data
Trend
Jun14
Jun15
Jun16
Jun17
Jun18
Jun19
Jun20
Jun21
Jun22
Jun23
Total Assets
6,634.83
6,758.18
7,283.74
7,719.88
8,064.82
Kearny Financial Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Total Assets
8,289.32
8,349.34
8,064.82
7,974.87
7,897.83
Kearny Financial Total Assets Calculation
Total Assets are all the assets a company owns.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
Kearny Financial's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Kearny Financial (NAS:KRNY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
Kearny Financial's Asset Turnover for the quarter that ended in Dec. 2023 is
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
Kearny Financial Total Assets Related Terms
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Kearny Financial (Kearny Financial) Business Description
Kearny Financial Corp is a federally-chartered stock savings bank. The bank is engaged in the business of attracting deposits from the general public in New Jersey and New York, and using these deposits, together with other funds, to originate or purchase loans for its portfolios and invest in securities. The bank's loan portfolio is chiefly comprised of loans collateralized by commercial and residential real estate. It is also heavily into secured and unsecured business and consumer loans. The bank's primary source of income is net interest income.
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