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Kearny Financial (Kearny Financial) Pretax Margin % : 23.66% (As of Mar. 2024)


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What is Kearny Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kearny Financial's Pre-Tax Income for the three months ended in Mar. 2024 was $9.1 Mil. Kearny Financial's Revenue for the three months ended in Mar. 2024 was $38.5 Mil. Therefore, Kearny Financial's pretax margin for the quarter that ended in Mar. 2024 was 23.66%.

The historical rank and industry rank for Kearny Financial's Pretax Margin % or its related term are showing as below:

KRNY' s Pretax Margin % Range Over the Past 10 Years
Min: 4.92   Med: 27.3   Max: 43.86
Current: 17.62


KRNY's Pretax Margin % is ranked worse than
80.15% of 1461 companies
in the Banks industry
Industry Median: 32.76 vs KRNY: 17.62

Kearny Financial Pretax Margin % Historical Data

The historical data trend for Kearny Financial's Pretax Margin % 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 Pretax Margin % Chart

Kearny Financial Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.20 33.86 40.98 43.86 29.32

Kearny Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.02 35.10 30.46 -60.75 23.66

Competitive Comparison of Kearny Financial's Pretax Margin %

For the Banks - Regional subindustry, Kearny Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kearny Financial's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kearny Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Kearny Financial's Pretax Margin % falls into.



Kearny Financial Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Kearny Financial's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=52.379/178.616
=29.32 %

Kearny Financial's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=9.114/38.522
=23.66 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Kearny Financial Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Kearny Financial's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Kearny Financial (Kearny Financial) Business Description

Traded in Other Exchanges
N/A
Address
120 Passaic Avenue, Fairfield, NJ, USA, 07004
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.
Executives
Melvina Wong-zaza director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Mcgovern director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Curtland E Fields director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Thomas Demedici officer: EVP and CCO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Timothy A Swansson officer: EVP and CTIO 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Leopold W Montanaro director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Mazur John J Jr director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
John F Regan director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Raymond E. Chandonnet director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Patrick M Joyce officer: EVP/CLO C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Theodore J Aanensen director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Christopher Petermann director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Catherine A Lawton director 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Matthew T Mcclane director C/O KEARNY FINANCIAL CORP, 120 PASSAIC AVENUE, FAIRFIELD NJ 07004

Kearny Financial (Kearny Financial) Headlines

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