Kearny Financial Q4 FY26 net income drops 29.2% to $7.17 million - KRNY News | RalliesKearny Financial Q4 FY26 net income drops 29.2% to $7.17 million
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KRNY• Kearny Financial reports quarterly results and dividend
- 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.
