Kearny Financial Corp. Announces First Quarter Fiscal 2027 Results and Declaration of Cash Dividend
Kearny Financial Corp. reported fiscal Q1 2027 net income of $10.0 million, or $0.16 per diluted share, up 40% from $7.2 million ($0.11) in the prior quarter. Pre-tax, pre-provision net revenue rose 14% to $13.5 million, with loans up 7.2% and deposits up 8.7% annualized; net interest margin slipped three basis points to 2.23% on lower prepayment income and repricing of the last COVID-era wholesale funding position. The board declared a $0.11 quarterly dividend, payable November 18, 2026, with the payout ratio falling to 70% from 97.7%.
Key figures
- Eps
- 0.16
- Revenue
- $45.3 million (non-GAAP total revenue)
- Ppnr
- 13496000
- Net income
- 10044000
- Ppnr growth
- 14.0%
- Payout ratio
- 70.0%
- Total assets
- 7777902000
- Total deposits
- 5833496000
- Npas pct assets
- 0.73%
- Roaa annualized
- 0.52%
- Efficiency ratio
- 70.20%
- Loans receivable
- 5980398000
- Dividend per share
- 0.11
- Net interest income
- 40080000
- Net interest margin
- 2.23%
- Loan growth annualized
- 7.2%
- Net income prior quarter
- 7172000
- Deposit growth annualized
- 8.7%
- Tangible book value per share
- 9.88
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