secwatch.observer — SEC 8-K summary
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Issuer:     Kearny Financial Corp. (KRNY)
CIK:        0001617242
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001617242-23-000037
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kearny Financial Q4 net income $12.0M ($0.19 EPS); declares $0.11 dividend
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- Net income Q4 $12.0M ($0.19 diluted EPS) vs $10.3M ($0.16) prior quarter; FY net income $40.8M ($0.63) vs $67.5M ($0.95) prior year.
- Net interest margin compressed 9 bps to 2.11%; non-interest expense down 5.2% QoQ to $28.8M.
- Quarterly cash dividend of $0.11 declared, payable Aug 23 to holders of record Aug 9.
- Tangible book value per share $9.96, up 1.7% QoQ; repurchased 812,506 shares at $7.83 avg.
- Non-performing assets fell to $55.6M (0.69% of assets); net charge-offs minimal at $82k.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1617242/000161724223000037/0001617242-23-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1617242/000161724223000037/krny-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001617242-23-000037

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