Kearny Financial FY2026 Net Income Rises 39% to $36.3M; NIM Expands 30bps
KRNY sits 61% above its 52-week low of $6 on light trading volume (0.4× avg).
Summary
Kearny Financial's FY2026 net income rose 39% to $36.3 million on stronger net interest margin, while nonperforming assets increased modestly. The bank remains well-capitalized and did not repurchase shares.
Key Events · Earnings and Guidance · KRNY
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FY2026 Net Income Up 39%
Net income rose to $36.3 million from $26.1 million in FY2025, driven by higher net interest income and non-interest income.
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Net Interest Margin Expands 30bps
Net interest margin increased to 2.18% from 1.88%, reflecting higher loan yields and lower funding costs.
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Nonperforming Assets Increase
Nonperforming assets rose to $53.4 million from $45.6 million, primarily due to two foreclosed properties transferred to other real estate owned.
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No Share Repurchases in FY2026
The company did not repurchase any common stock during the fiscal year, maintaining its capital position.
Analysis · KRNY · Finance
Full-year net income reached $36.3 million, a 39% increase from $26.1 million last year, as net interest margin expanded 30 basis points to 2.18%. The bank remains well-capitalized and did not repurchase shares during the year. Nonperforming assets rose to $53.4 million from $45.6 million, reflecting two foreclosed properties transferred to other real estate owned. The filing also discloses an amended change in control severance plan for officers, effective April 15, 2026.
How filings like this one have moved
In the 30 days to Oct 26, 2026, 29.9% of the 1376 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.11%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KRNY was trading at $9.64 on NASDAQ in the Finance sector, with a market capitalization of approximately $624M. The 52-week trading range was $6.00 to $9.97. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.