---
schema_version: "secwatch.filing_event.v1"
accession: "0001617242-23-000079"
form_type: "8-K"
ticker: "KRNY"
cik: "0001617242"
company_name: "Kearny Financial Corp."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T08:34:50.593891+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Kearny Financial reports Q1 fiscal 2024 net income $9.8M, EPS $0.16; declares $0.11 dividend

## Summary
- Net income of $9.8M ($0.16 diluted EPS) vs $12.0M ($0.19) prior quarter; net interest margin 2.10%.
- Quarterly cash dividend of $0.11/share declared, payable Nov 22, 2023 to record Nov 8, 2023.
- Total assets down $89.9M to $7.97B; deposits decreased $195.0M (3.5%) while borrowings rose $120.1M.
- Repurchased 817,607 shares at $7.84/share for $6.4M during the quarter.
- Non-performing assets down $4.7M to $50.9M (0.64% of total assets); capital ratios remain well-capitalized.

## SEC filing metadata
- accession: 0001617242-23-000079
- form_type: 8-K
- ticker: KRNY
- cik: 0001617242
- company_name: Kearny Financial Corp.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617242/000161724223000079/0001617242-23-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617242/000161724223000079/krny-20231026.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617242-23-000079
- JSON: https://secwatch.observer/filing/0001617242-23-000079.json
- Plain text: https://secwatch.observer/filing/0001617242-23-000079.txt

## Key facts
- Earnings Releases
  Kearny Financial Corp. reported the quarter ended September 30, 2023 results: net income $9.8 million, EPS $0.16 per diluted share.
  - Period: the quarter ended September 30, 2023
  - Net income: $9.8 million
  - EPS: $0.16 per diluted share
  - Result: reported results
  source text: reported net income for the quarter ended September 30, 2023 of $9.8 million, or $0.16 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1617242/000161724223000079/0001617242-23-000079-index.htm

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