Kearny Financial fiscal 2026 profit up 39%; June quarter net income falls 29%
Kearny Financial reported fiscal 2026 net income of $36.3 million, up 39.1% from a year earlier, but net income for the June 2026 quarter fell 29.2% from the March 2026 quarter to $7.2 million. The quarter was weighed by a $1.6 million discrete tax charge and $745,000 of severance expense, and the board declared an unchanged quarterly dividend of $0.11 per share.
Key points
- Fiscal year ended June 30, 2026: net income $36.3 million, or $0.57 per diluted share, versus $26.1 million, or $0.42, a year earlier.
- June 2026 quarter: net income $7.2 million, or $0.11 per diluted share, versus $10.1 million, or $0.16, in the March 2026 quarter.
- Quarterly cash dividend of $0.11 per share, payable August 26, 2026, to stockholders of record as of August 12, 2026.
- Net interest margin expanded 30 basis points to 2.18% for the fiscal year; total deposits were $5.71 billion at June 30, 2026.
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 23, 2026.
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