Kearny Financial Corp. (KRNY) Form 8-K — Oct 22, 2026
Kearny Financial Corp. (NASDAQ: KRNY) reported fiscal Q1 2027 net income of $10.0 million, or $0.16 per diluted share, up 40.0% from $7.2 million ($0.11) in the prior quarter, with pre-tax pre-provision net revenue up 14.0% to $13.5 million. Loans grew 7.2% annualized to $5.98 billion and deposits grew 8.7% annualized to $5.83 billion, while non-interest expense fell 6.1%, driving positive operating leverage. Net interest margin slipped three basis points to 2.23% on lower prepayment income and repricing of the final COVID-era wholesale funding position, but management expects further margin expansion from loan repricing.
Key figures
- Eps
- 0.16
- Revenue
- 45283000
- Net Income
- 10044000
- Cet1 ratio
- 13.98%
- Npa amount
- 56600000
- Ptpp growth
- 14.0%
- Total loans
- $5.98 billion
- Acl to loans
- 0.77%
- Total assets
- $7.78 billion
- Dividend yield
- 4.80%
- Total deposits
- $5.83 billion
- Efficiency ratio
- 70.20%
- Borrowing capacity
- 2210000000
- Dividend per share
- 0.11
- Effective tax rate
- 20.7%
- Expense change qoq
- -6.1%
- Shares outstanding
- 64929
- Net interest income
- 40080000
- Net interest margin
- 2.23%
- Book value per share
- 11.64
- Non interest expense
- 31787000
- Dividend payout ratio
- 70.0%
- Ptpp revenue non gaap
- 13500000
- Cash dividends declared
- 7035000
- Loans growth annualized
- 7.2%
- Deposits growth annualized
- 8.7%
- Nonperforming assets ratio
- 0.73%
- Allowance for credit losses
- 46000000
- Fhlb capacity pct of assets
- 28.5%
- Return on assets annualized
- 0.52%
- Return on equity annualized
- 5.26%
- Tangible book value per share
- 9.88
- Tangible equity to tangible assets
- 8.37%
AI analysis
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