KRNY
Kearny Financial Corp.7.80
+0.01+0.06%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
490.09MP/E (TTM)
16.60Basic EPS (TTM)
0.47Dividend Yield
0.06%Recent Filings
10-Q
Q2 FY2026 results
Kearny Financial's Q2 FY2026 net interest income jumped 16% y/y to $38.0M, driving net income to $9.4M or $0.15 diluted EPS (up from $0.10), as interest expense plunged 13% y/y to $42.7M while loan yields held steady at 4.67%. Non-interest income rose on higher fees; expenses ticked up with salaries. Deposits grew $36M q/q to $5.71B, borrowings fell $161M to $1.10B (FHLB advances at 3.95%), cash at $147M with $2.7B borrowing capacity. Non-GAAP metrics not disclosed in the 10-Q. Nonperforming loans climbed to $51M. Balance sheet shrinks steadily.
8-K
Q2 earnings steady, margin up
Kearny Financial reported Q2 fiscal 2026 net income of $9.4 million, or $0.15 per diluted share, matching prior quarter. Net interest margin expanded to 2.14%, deposits grew $79.7 million while borrowings dropped $111.5 million; non-performing assets fell 20.6% to $51.3 million. Board declared $0.11 quarterly dividend, payable February 18. Credit quality strengthens.
10-Q
Q1 FY2026 results
Kearny Financial boosted net income to $9.5M in Q1 FY2026 ended September 30, 2025, up 56% y/y from $6.1M, driven by net interest income climbing $5.3M to $37.7M on lower borrowing costs while revenue held steady. Diluted EPS rose to $0.15 from $0.10, matching 62,951 diluted shares. Deposits dipped $43M q/q to $5.63B, borrowings fell $50M to $1.21B (FHLB advances at 4.19%, $2.54B availability), cash at $130M. Non-GAAP metrics not disclosed in the 10-Q. Credit reversal of $82K followed $1.1M charge-offs. Nonperformers hit 0.84% of assets. Interest rate risk lingers.
8-K
Earnings up 40%, NIM 2.10%
Kearny Financial reported Q1 fiscal 2026 net income of $9.5 million ($0.15/share), up 40% QoQ, fueled by net interest income growth to $37.7 million and NIM expansion to 2.10%. Board declared $0.11/share dividend, payable November 19. Nonperformers rose to 0.84% on one secured construction loan; full repayment expected.
8-K
Annual meeting results disclosed
Kearny Financial Corp. held its annual stockholder meeting on October 21, 2025, with 53.7 million shares present of 64.7 million eligible. All five director nominees—John J. Mazur, Jr., Raymond E. Chandonnet, John F. McGovern, Christopher Petermann (three-year terms), and Melvina Wong-Zaza (two-year term)—won election despite significant withheld votes. Crowe LLP's appointment as auditor for fiscal 2026 passed overwhelmingly; say-on-pay advisory vote approved 43.4 million to 2.7 million. Directors elected. Continuity intact.
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