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Kearny Financial Reports Q4 Earnings & Dividend, Net Income at $6.8M, Dividend at $0.11/Share
ByAinvest
Saturday, Jul 26, 2025 6:48 am ET1min read
Kearny Financial reported Q4 net income of $6.8 million and FY net income of $26.1 million. The company declared a quarterly cash dividend of $0.11 per share and saw a 23% increase in pre-tax, pre-provision earnings per share. Net interest income rose 5.3% to $35.8 million, while non-interest income increased 9.4%. Total assets increased to $7.74 billion, with a 10% growth in deposits. The company aims to sustain earnings growth and margin expansion through strategic initiatives.
Kearny Financial Corp. (KRNY) reported robust financial performance for the fourth quarter (Q4) and the fiscal year (FY) ended June 30, 2025. The holding company for Kearny Bank, based in Fairfield, New Jersey, announced a net income of $6.8 million for Q4 and $26.1 million for FY 2025 [1].The company's earnings per share (EPS) saw a 23% increase on a pre-tax, pre-provision basis, driven by a 10 basis point expansion in net interest margin. Net interest income rose by 5.3% to $35.8 million, while non-interest income increased by 9.4% to $5.0 million [2]. Total assets increased to $7.74 billion, with a notable 10% growth in deposits from the previous year [3].
Kearny Financial declared a quarterly cash dividend of $0.11 per share, payable on August 26, 2025, to stockholders of record as of August 12, 2025 [3]. The company's management expressed confidence in sustaining earnings growth and margin expansion, aiming to create long-term value for shareholders through strategic initiatives and disciplined financial management.
The company's balance sheet showed a modest increase in total assets, with a notable 10% growth in deposits. It also received regulatory approval to consolidate three branch locations, scheduled to close in October 2025, which is expected to have minimal financial impact [3].
References:
[1] https://www.tipranks.com/news/company-announcements/kearny-financial-reports-strong-earnings-and-dividend
[2] https://finance.yahoo.com/news/kearny-fiscal-q4-earnings-snapshot-110348676.html
[3] https://finance.yahoo.com/news/kearny-financial-corp-announces-fourth-123000895.html
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