Kearny Financial net income +39% to $36.3M as margin expands 30bp; C&I loans +61%, branches -3

Filed August 21, 2026 · Period ending June 30, 2026 · Compared to 10-K Aug 21, 2025 · ~2 min read

Key Changes

• high

  Net income rose $10.2M (39.1%) to $36.3M; diluted EPS increased 38.0% to $0.57. Net interest margin expanded 30bp to 2.18% from 1.88%, driven by higher loan yields and lower deposit costs.

  MD&A: Net Income and Margin verify on EDGAR →
• high

  Commercial and industrial loans grew $85.2M (61%) to $223.9M, including $93.8M in third-party purchases—a new activity. Multi-family loans declined $209.8M (7.7%) to $2.50B, reflecting an intentional portfolio remix toward higher-yielding commercial categories.

  Business: Loan Portfolio Diversification verify on EDGAR →
• medium

  Branch count reduced from 43 to 40 (three consolidations); non-interest expense rose $8.4M (7.0%) to $129.0M, including $950K in severance charges and $250K in branch-consolidation costs.

  MD&A: Non-Interest Expense verify on EDGAR →