---
schema_version: "secwatch.filing_event.v1"
accession: "0001617242-24-000045"
form_type: "8-K"
ticker: "KRNY"
cik: "0001617242"
company_name: "Kearny Financial Corp."
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:18:23.513341+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kearny Financial posts $90.1M GAAP net loss due to $95.3M goodwill impairment; adjusted EPS $0.09 vs $0.12 QoQ

## Summary
- GAAP net loss of $90.1M ($1.45 diluted EPS) for Q4 ended June 30, 2024, driven by $95.3M non-cash goodwill impairment.
- Adjusted net income fell to $5.6M ($0.09 EPS) from $7.4M ($0.12) prior quarter; FY adjusted net income $28.2M ($0.45) vs $50.6M ($0.78) previous year.
- Net interest margin contracted 5 bps to 1.84%; net interest income decreased $1.0M to $33.3M.
- Quarterly dividend declared at $0.11 per share (unchanged), payable Aug 26, 2024 to holders of record Aug 12, 2024.
- Net charge-offs were $3.5M (0.25% annualized) primarily from a $3.3M C&I loan; non-performing assets at $39.9M (0.52% of assets).

## SEC filing metadata
- accession: 0001617242-24-000045
- form_type: 8-K
- ticker: KRNY
- cik: 0001617242
- company_name: Kearny Financial Corp.
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1617242/000161724224000045/0001617242-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1617242/000161724224000045/krny-20240725.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001617242-24-000045
- JSON: https://secwatch.observer/filing/0001617242-24-000045.json
- Plain text: https://secwatch.observer/filing/0001617242-24-000045.txt

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