earnings
confidence high
sentiment positive
materiality 0.65
Kearny Financial Q1 FY2027 net income $10.0M, EPS $0.16; declares $0.11 dividend
Kearny Financial Corp.
- Net income $10.0M, or $0.16 diluted EPS, up 40.0% from $7.2M/$0.11 in the quarter ended June 30, 2026; PPNR non-GAAP $13.5M/$0.21, up 14.0%.
- Net interest margin 2.23%, down 3 bps sequentially; net interest income $40.1M, down $294K, hurt by repricing of the final COVID-era wholesale funding position.
- Loans receivable $5.98B, up $105.1M or 1.8% (7.2% annualized); deposits $5.83B, up $123.9M or 2.2% (8.7% annualized).
- Non-interest expense fell 6.1% to $31.8M; salary/benefits $19.4M reflected a prior-period $745K severance charge and current-period $193K stock-comp decrease.
- Board declared $0.11/share quarterly dividend payable Nov. 18, 2026 to stockholders of record Nov. 4, 2026.