Kearny Financial net income rises 40% to $10.0 million, or $0.16 per diluted share
Kearny Financial reported net income of $10.0 million, or $0.16 per diluted share, for the quarter ended September 30, 2026, up from $7.2 million, or $0.11 per diluted share, in the prior quarter. Net interest income and total revenue edged lower, and net interest margin fell three basis points to 2.23%, but lower income tax expense and non-interest expense drove the profit gain. The Board also declared a quarterly cash dividend of $0.11 per share.
Key points
- Net income of $10.0 million ($0.16 per diluted share) versus $7.2 million ($0.11) in the quarter ended June 30, 2026
- Net interest income fell $294,000 to $40.1 million; net interest margin was 2.23%, down three basis points
- Non-interest expense fell $2.1 million, or 6.1%, to $31.8 million; income taxes fell to $2.6 million from $3.8 million
- Quarterly cash dividend of $0.11 per share payable November 18, 2026, to holders of record as of November 4, 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 October 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.