Highest-materiality recent filing
Kearny Financial Q4 net income $7.2M ($0.11 EPS); FY2026 net income up 39% YoY to $36.3M
Q4 net income $7.2M ($0.11 diluted EPS) vs $10.1M ($0.16) in prior quarter; FY2026 net income $36.3M ($0.57) vs $26.1M ($0.42) in FY2025.
Kearny Financial Q3 net income $10.1M, EPS $0.16; NIM up 7bps to 2.21%; declares $0.11 dividend
Net income $10.1M ($0.16 diluted) vs $9.4M ($0.15) prior quarter; pre-tax pre-provision net revenue up 5.5% to $13.0M.
Kearny Financial Q2 net income $9.4M; NIM expands 4 bps; NPAs down 20.6%
Net income $9.4M ($0.15 diluted EPS) vs $9.5M prior quarter; pre-tax pre-provision revenue up 3.9% to $12.3M.
Kearny Financial Q1 EPS $0.15 beats prior Q; NIM expands to 2.10%
Net income $9.5M ($0.15 diluted EPS) vs $6.8M ($0.11) in June quarter; up 36.4%.
Kearny Financial Q4 net income $6.8M ($0.11 EPS); NIM expands to 2.00%
Q4 net income $6.8M ($0.11 diluted EPS) vs $6.6M (also $0.11) prior quarter; FY net income $26.1M ($0.42) vs net loss $86.7M in FY2024.
Kearny Financial Q3 net income $6.6M, EPS $0.11; NIM expands 8 bps to 1.90%; declares $0.11 dividend
Net income $6.6M ($0.11 diluted EPS) flat vs prior quarter; net interest income up $1.4M to $34.0M.
Kearny Financial Q2 fiscal 2025 net income $6.6M; declares $0.11 dividend
Net income $6.6M ($0.11 basic EPS) vs $6.1M prior quarter.
Kearny Financial Q1 fiscal 2025 net income $6.1M ($0.10 EPS) vs prior Q4 net loss; dividend $0.11
Net income of $6.1M ($0.10 diluted EPS) for Sep 30, 2024 quarter vs GAAP net loss of $90.1M ($1.45 loss) prior quarter (including $95.3M goodwill impairment).
GAAP net loss of $90.1M ($1.45 diluted EPS) for Q4 ended June 30, 2024, driven by $95.3M non-cash goodwill impairment.
Kearny Financial reports Q3 net income $7.4M ($0.12 EPS) vs prior quarter loss; dividend $0.11
Net income $7.4M ($0.12 diluted EPS) vs net loss $13.8M (-$0.22) in prior quarter (Dec 31, 2023).
Kearny Financial revises Q2 FY2024 net loss to $13.8M ($0.22/share) on BOLI accounting change
Derecognized $4.8M BOLI enhancement fee; now to be recognized prospectively, increasing net loss by $4.8M.
Kearny Financial reports Q2 FY2024 net loss of $9.0M; NIM contracts to 1.94%
Net loss of $9.0M ($0.14 diluted EPS) vs net income of $9.8M ($0.16) in prior quarter.
Kearny Financial sells $122.2M securities, records $12.9M after-tax loss to reposition portfolio
Sold $122.2M of available-for-sale debt securities (yield 3.22%, weighted avg life 8.2 yrs).
Kearny Financial reports Q1 fiscal 2024 net income $9.8M, EPS $0.16; declares $0.11 dividend
Net income of $9.8M ($0.16 diluted EPS) vs $12.0M ($0.19) prior quarter; net interest margin 2.10%.
Kearny Financial Q4 net income $12.0M ($0.19 EPS); declares $0.11 dividend
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.
Kearny Financial Q3 net income $10.3M vs $2.0M prior quarter; deposits down 2.8%
Net income $10.3M ($0.16 diluted EPS) vs $2.0M ($0.03) in prior quarter; improvement driven by absence of $15.2M securities loss.
Kearny Financial Q2 net income drops 88% to $2.0M on securities loss; dividend unchanged
Net income $2.0M ($0.03 EPS) vs $16.5M ($0.25 EPS) prior quarter; after-tax loss $10.8M on securities sale.
Kearny Financial completes $121.4M securities restructuring, targets 5-10% expense reduction
Sold $121.4M lower-yielding available-for-sale debt securities with estimated after-tax loss of ~$11.0M.
Kearny Financial Q1 fiscal 2023 net income $16.5M, EPS $0.25; declares $0.11 dividend
Net income $16.5M ($0.25 diluted EPS) vs. $11.4M ($0.17) in prior quarter.
On January 15, 2025, John N. Hopkins notified Kearny Financial Corp. (the “Company”) of his retirement and resignation from the Board of Directors of the Company and Kearny Bank (the “Bank”) effective February 1, 2025.
promoted Sean Byrnes to Executive Vice President, Chief Financial Officer and Principal Accounting Officer of the Company and the Bank effective July 1, 2024.
promoted Keith Suchodolski to Senior Executive Vice President and Chief Operating Officer of the Company and the Bank effective July 1, 2024.
On June 22, 2023, Kearny Financial Corp. (the “Company”) and Kearny Bank (the “Bank”) announced that Curtland E. Fields and Melvina Wong-Zaza were each appointed to the boards of directors of the Company and the Bank, effective June 22, 2023.
On June 22, 2023, Kearny Financial Corp. (the “Company”) and Kearny Bank (the “Bank”) announced that Curtland E. Fields and Melvina Wong-Zaza were each appointed to the boards of directors of the Company and the Bank, effective June 22, 2023.
the Company’s Board of Directors promoted Keith Suchodolski (the “Executive”) to Senior Executive Vice President and Chief Financial Officer of the Company and the Bank effective July 1, 2022.
the Executive will assume the responsibilities of Eric Heyer, Senior Executive Vice President and Chief Operating Officer, who previously announced his retirement effective June 30, 2022.
On November 5, 2021, Eric B. Heyer, Senior Executive Vice President and Chief Operating Officer of Kearny Financial Corp. (the “Company”), notified the Company of his intention to retire on June 30, 2022.
Max materiality 0.80 · Median 0.50 · Most common event other_material