Kearny Financial stock: Kearny Financial reports 40 percent higher quarterly net income
Published on 10/23/2026 at 03:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSEarnings and shareholder returns
- Kearny Financial reported 40.0 percent higher net income on October 22, 2026.
- Net interest margin was 2.23 percent for the quarter ended September 30, 2026.
- The company declared a USD 0.11 dividend payable on November 18, 2026.
Kearny Financial (ISIN US48716P1084) reported net income of USD 10.0 million for the quarter ended September 30, 2026, up 40.0 percent from the prior quarter, according to GlobeNewswire on October 22, 2026. Diluted earnings per share rose to USD 0.16 from USD 0.11 in the quarter ended June 30, 2026.
Three milestones shaped the year
On June 30, 2026, Kearny Financial had fiscal-year net income of USD 55.8 million, compared with USD 43.6 million a year earlier, according to Market Inference. On October 20, 2026, the company presented fiscal 2026 results showing 39.0 percent net income growth, according to the SEC. The October 22, 2026 quarterly report then supplied the latest 40.0 percent increase.
What does the margin mean?
The latest earnings report also exposed a mixed operating picture. Net interest margin was 2.23 percent for the quarter ended September 30, 2026, down from 2.26 percent in the prior quarter, while net interest income declined 0.7 percent to USD 40.1 million. Investing.com reported revenue of USD 45.28 million against a consensus estimate of USD 46.96 million and earnings per share of USD 0.16 against USD 0.18 expected.
Dividend dates are next
Kearny Financial declared a quarterly cash dividend of USD 0.11 per share on October 22, 2026. The company will pay it on November 18, 2026, to shareholders of record on November 4, 2026, according to GlobeNewswire.
Deposits support the balance sheet
Total assets reached USD 7.78 billion at September 30, 2026, up 1.2 percent from June 30, 2026. Deposits rose 2.2 percent to USD 5.83 billion, while loans receivable increased 1.8 percent to USD 5.98 billion. The figures give investors a concrete measure of the bank's commercial growth, even as funding costs continued to pressure the margin.
Capital and credit remain in view
Kearny Financial's tangible book value per share declined 1.9 percent to USD 9.88 during the quarter. Nonperforming assets increased to USD 56.6 million, or 0.73 percent of total assets, from USD 53.4 million, or 0.70 percent, in the prior quarter. The next reported dates are November 4, 2026, for the dividend record date, and November 18, 2026, for payment.
Kearny Financial key data
- Company: Kearny Financial Corp.
- ISIN: US48716P1084
- WKN: A14THF
- Ticker: KRNY
- Primary exchange: NASDAQ
- Sector / Industry: Financial Services / Regional Banks
Market context: Market report S&P 500.
