{"schema_version":"secwatch.filing_event.v1","accession":"0001617242-24-000010","form_type":"8-K/A","ticker":"KRNY","cik":"0001617242","company_name":"Kearny Financial Corp.","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.819767+00:00","generated_at":"2026-06-06T13:37:10.074045+00:00","sec_items":["8.01","2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Kearny Financial revises Q2 FY2024 net loss to $13.8M ($0.22/share) on BOLI accounting change","bullets":["Derecognized $4.8M BOLI enhancement fee; now to be recognized prospectively, increasing net loss by $4.8M.","Net loss of $13.8M ($0.22 diluted EPS); dividend declared at $0.11/share payable Feb 21 to holders of record Feb 7.","Sold $122.2M AFS securities at $18.1M pre-tax loss; reinvested proceeds into loans yielding ~7.0%.","Restructured BOLI portfolio: exchanged $103.4M policies from 2.1% to 5.1% yield; incurred $5.7M tax expense.","NPAs down to $49.8M (0.63% of assets); net charge-offs $4.1M (0.29% annualized); provision for credit losses $2.1M."],"urls":{"canonical":"https://secwatch.observer/filing/0001617242-24-000010","json":"https://secwatch.observer/filing/0001617242-24-000010.json","markdown":"https://secwatch.observer/filing/0001617242-24-000010.md","text":"https://secwatch.observer/filing/0001617242-24-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617242/000161724224000010/0001617242-24-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617242/000161724224000010/krny-20240125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T13:37:10.074045+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8d9783a078383cdf21c661ea1ca15c8aeaf18931","claim":"Kearny Financial Corp. reported the quarter ended December 31, 2023 results: net income net loss of $13.8 million, or $0.22 per diluted share, EPS $0.22 per diluted share.","evidence_excerpt":"The impact to the Company’s income statement, as a result of this revision, was to increase the Company’s net loss for the quarter ended December 31, 2023 by $4.8 million, resulting in a net loss of $13.8 million, or $0.22 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1617242/000161724224000010/0001617242-24-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2023"},{"label":"Net income","value":"net loss of $13.8 million, or $0.22 per diluted share"},{"label":"EPS","value":"$0.22 per diluted share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}