Kearny Financial Reports Q4 EPS $0.11, FY2026 Net Income Up 39%, Declares $0.11 Dividend

summarizeSummary

Kearny Financial reported Q4 FY2026 EPS of $0.11, with full-year net income up 39% to $36.3 million, and declared a $0.11 quarterly dividend. The results reflect margin expansion and strategic execution, though Q4 included non-recurring charges.

check_boxKey Events · Earnings and Guidance · KRNY

• Q4 EPS $0.11, FY2026 Net Income Up 39%

  Q4 net income of $7.2M ($0.11 diluted) included $2.6M in non-recurring items. Full-year net income rose 39% to $36.3M ($0.57 diluted), driven by NIM expansion and loan growth.

• Net Interest Margin Expands 30 bps to 2.18%

  FY2026 NIM improved to 2.18% from 1.88%, with Q4 NIM at 2.26%. Loan yields and balance sheet remixing offset higher funding costs.

• Quarterly Dividend Maintained at $0.11

  Board declared a $0.11 per share cash dividend, payable August 26, 2026 to shareholders of record August 12, 2026. Payout ratio was 97.7% in Q4.

• Tangible Book Value Per Share Rises to $10.07

  Tangible book value per share increased 3.1% year-over-year to $10.07, supported by earnings and a reduction in accumulated other comprehensive loss.

auto_awesomeAnalysis · KRNY · Finance

Kearny Financial Corp. reported Q4 FY2026 net income of $7.2 million, or $0.11 per diluted share, impacted by $2.6 million in non-recurring items including a $1.6 million tax charge and $745,000 in severance. For the full fiscal year, net income rose 39% to $36.3 million, or $0.57 per diluted share, driven by a 30-basis-point expansion in net interest margin to 2.18% and a 15% increase in net interest income. The board declared a quarterly cash dividend of $0.11 per share, maintaining the payout. The accompanying investor presentation highlights strategic progress in commercial banking, deposit growth, and operational efficiency, with tangible book value per share up 3.1% to $10.07. The stock is trading near its 52-week high, reflecting market recognition of the earnings turnaround.