Kearny Financial Q4 FY26 net income drops 29.2% to $7.17 million

Reuters2026/07/23 12:34

By:Reuters

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Kearny Financial reported net income of $7.2 million, or $0.11 per diluted share, for the quarter ended June 30, 2026, down 29.2%.
Results included a $1.6 million discrete tax charge, $745,000 of severance expense, and $262,000 of OREO acquisition expense.
Net interest margin widened 5 basis points to 2.26%, while net interest income rose 2.9% to $40.4 million versus the prior quarter.
Total assets increased 1% to $7.68 billion; loans grew 1.7% to $5.88 billion, while deposits edged down 0.3% to $5.71 billion.
The board declared a quarterly cash dividend of $0.11 per share, payable Aug. 26 to holders of record Aug. 12.

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 GlobeNewswire (Ref. ID: 202607230830PRIMZONEFULLFEED9766563) on July 23, 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.

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Kearny Financial Q4 FY26 net income drops 29.2% to $7.17 million

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