Kearny Financial FY26 net income rises 39.08% to $36.26 million; net interest margin widens 30 basis points to 2.18%

Reuters2026/08/21 17:04

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Kearny Financial posted net income of $36.26 million for fiscal 2026, up 39.09% year over year; diluted EPS rose to $0.57.
Net interest income climbed 15.07% to $155.28 million, lifting net interest margin by 30 basis points to 2.18%.
Non-interest income rose 19.80% to $22.83 million, helped by $1.8 million of non-recurring pre-tax property-sale gains.
Non-interest expense increased 6.94% to $129.01 million, driven by higher salaries and benefits, including $950,000 of non-recurring severance charges.
Provision for credit losses fell 28.24% to $1.7 million; allowance for credit losses edged down to $45.5 million, or 0.77% of loans.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kearny Financial Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001617242-26-000020), on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Kearny Financial FY26 net income rises 39.08% to $36.26 million; net interest margin widens 30 basis points to 2.18%

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