---
schema_version: "secwatch.filing_event.v1"
accession: "0001617242-23-000018"
form_type: "8-K"
ticker: "KRNY"
cik: "0001617242"
company_name: "Kearny Financial Corp."
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:00:42.254850+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Kearny Financial Q3 net income $10.3M vs $2.0M prior quarter; deposits down 2.8%

## Summary
- Net income $10.3M ($0.16 diluted EPS) vs $2.0M ($0.03) in prior quarter; improvement driven by absence of $15.2M securities loss.
- Net interest margin compressed 18 bps to 2.20%; net interest income fell $2.4M to $42.4M.
- Deposits decreased $168M (2.8%) to $5.80B; uninsured deposits at 12.2% of total excluding collateralized.
- Non-interest expense down $2.3M to $30.4M; efficiency ratio improved to 68.96% from 89.93%.
- Board declares $0.11 per share quarterly dividend, payable May 24 to holders of record May 10.

## SEC filing metadata
- accession: 0001617242-23-000018
- form_type: 8-K
- ticker: KRNY
- cik: 0001617242
- company_name: Kearny Financial Corp.
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617242/000161724223000018/0001617242-23-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617242/000161724223000018/krny-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617242-23-000018
- JSON: https://secwatch.observer/filing/0001617242-23-000018.json
- Plain text: https://secwatch.observer/filing/0001617242-23-000018.txt

## Key facts
- Earnings Releases
  Kearny Financial Corp. reported the quarter ended March 31, 2023 results: net income $10.3 million, EPS $0.16 per diluted share.
  - Period: the quarter ended March 31, 2023
  - Net income: $10.3 million
  - EPS: $0.16 per diluted share
  - Result: reported results
  source text: Kearny Financial Corp. (NASDAQ GS: KRNY) (the “Company”), the holding company of Kearny Bank (the “Bank”), reported net income for the quarter ended March 31, 2023 of $10.3 million, or $0.16 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1617242/000161724223000018/0001617242-23-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.