- Kearny Financial Corp. (KRNY) reported a **net interest margin (NIM)** increase from **1.8%** in Q1 FY2025 to **2.0%** by Q4 FY2025, with **Net Interest Income (NII)** growing from **$32 million** to almost **$36 million** during FY2025.  **[0001617242_2193465_3]**  The company is positioned for **earnings growth** in a declining rate environment due to its liability-sensitive nature and use of derivatives.  **[0001617242_2193465_4]** 
- The company is shifting from a defensive to an **offensive posture**, focusing on **accelerated organic growth**, deepening client relationships, and strengthening core deposits.  **[0001617242_2193465_2]** **[0001617242_2193465_3]** **[0001617242_2193465_4]**  Kearny is also investing in **technology and automation**, including an AI chatbot, virtual agent, and a partnership with The Lab Consulting Group to use AI and RPA for operational efficiency and cost reduction.  **[0001617242_2193465_3]** **[0001617242_2193465_4]**  The branch network will be optimized, reducing from **43 to 40 branches** by the end of October 2025.  **[0001617242_2193465_2]** 
- Stockholders re-elected **four directors for three-year terms** and **one director for a two-year term**, ratified the appointment of **Crowe LLP** as the independent auditor for FY 2026, and approved executive compensation.  **[0001617242_2193465_2]** **[0001617242_2193465_6]**  The company highlighted its **strong credit performance**, with cumulative charge-offs of **$39.8 million** between 2000 and 2025, and minimal exposure to New York City office and rent-regulated multifamily real estate.  **[0001617242_2193465_3]** **[0001617242_2193465_4]**

Kearny Financial Corp. Reports FY 2025 Annual Meeting Outcomes and Strategic Focus

- Kearny Financial Corp. (KRNY) held its annual meeting on **October 21, 2025**, reporting **64,744,523 shares** of common stock outstanding on the record date of **August 22, 2025**. As of **September 30, 2025**, the company's market capitalization was **$425 million**, with **$7.7 billion** in assets, **$5.8 billion** in loans, **$5.7 billion** in deposits, and **$700 million** in capital.  **[0001617242_2193486_1]** **[0001617242_2193486_2]** 
- For FY 2025, the company reported net interest margin growth from **1.8% to 2%** and net interest income increasing from **$32 million to almost $36 million**, with pretax pre-provision EPS per share rising from **$0.12 to $0.16**.  **[0001617242_2193486_3]** 
- Strategic initiatives include **closing three branches** by the end of October 2025 for branch optimization, a renewed focus on organic expansion, and the implementation of AI and digital tools for operational efficiency and client service.  **[0001617242_2193486_2]** **[0001617242_2193486_3]** **[0001617242_2193486_4]** 
- The company's investment services group has generated **$486 million** in total sales and **$8.7 million** in gross revenue since its inception, managing **$369 million** in assets for approximately **2,000 clients**.  **[0001617242_2193486_4]** 
- Shareholders approved the election of directors, ratified Crow LLP as the independent auditor for the fiscal year ending **June 30, 2026**, and provided advisory approval for executive compensation.  **[0001617242_2193486_6]**

Kearny Financial Corp. Holds 2025 Annual Meeting, Reports FY 2025 Highlights and Strategic Initiatives

- **FY 2025 Financial Performance:** Kearny Financial Corp. reported **Net Income of $26,075 thousand** and **diluted Earnings per share of $0.42** for fiscal year 2025. Net Interest Income for the year was **$134,943 thousand**, with the Net Interest Margin improving from **1.80% in Q1 2025 to 2.00% in Q4 2025**.  **[0001617242_2193336:3]** 
- **Strategic Shift and FY 2026 Initiatives:** The company transitioned to an **offensive growth strategy** in FY 2025, supported by easing macroeconomic pressures and favorable monetary policy.  **[0001617242_2193336:2]**  Key strategic initiatives for FY 2026 include accelerating organic growth, optimizing the loan portfolio, strengthening the core deposit base, enhancing operational efficiency through technology, and broadening market presence.  **[0001617242_2193336:3]** 
- **Operational Footprint and Efficiency Focus:** Kearny Financial Corp. operates **43 full-service branches**, with **three branches to be consolidated by October 2025** to streamline the network to **40 branches**.  **[0001617242_2193336:1]**  The company is also making strategic technology investments, including **AI and automation**, to drive operational excellence and efficiency.  **[0001617242_2193336:2]** **[0001617242_2193336:4]** **[0001617242_2193336:5]** 
- **Key Financial Metrics:** As of FY 2025, the company reported **$7.7 billion in assets**, **$5.8 billion in loans**, **$5.7 billion in deposits**, and a market capitalization of **$425.3 million**. Tangible Book Value per share was **$9.77**.  **[0001617242_2193336:1]**

Kearny Financial Corp. Reports FY 2025 Financial Highlights and Strategic Outlook

- Kearny Financial Corp. (KRNY) held its annual meeting on **October 21, 2025**, where stockholders voted on the election of directors, the ratification of **Crowe LLP** as the independent auditor for fiscal year 2026, and an advisory resolution on executive compensation.  **[1617242_0001617242-25-000068_exh-991x2025annualmeetin.htm:0]** 
- As of **September 30, 2025**, the company reported **$7.7 billion** in assets, **$5.8 billion** in loans, **$5.7 billion** in deposits, and a market capitalization of **$425.3 million**.  **[1617242_0001617242-25-000068_exh-991x2025annualmeetin.htm:2]** 
- For the fiscal year ended **June 30, 2025**, KRNY successfully navigated industry pressures, transitioned to a growth strategy, and experienced improved net interest margins due to Federal Reserve policy shifts, demonstrating sustained earnings growth and margin expansion.  **[1617242_0001617242-25-000068_exh-991x2025annualmeetin.htm:2]** 
- The company is strategically positioned for fiscal year 2026 to benefit from a declining rate environment with a liability-sensitive balance sheet and a low-cost core deposit base, alongside ongoing initiatives to enhance operational efficiency through technology.  **[1617242_0001617242-25-000068_exh-991x2025annualmeetin.htm:3]**

Kearny Financial Corp. Holds Annual Meeting and Reviews Fiscal Year 2025 Performance

- **Kearny Financial Corp. (KRNY)** announced a **strategic partnership with The Lab Consulting** to enhance operational efficiency, boost workforce productivity, and elevate the client experience.  **[1617242_ce4795bdaba445b3b72429b96396d7a1_0]** 
- This initiative aims to deliver **measurable value to shareholders** through cost optimization and scalable growth.  **[1617242_ce4795bdaba445b3b72429b96396d7a1_0]** 
- The consulting engagement will focus on **Automation & AI**, Workflow Orchestration, Data-Driven Insights, Client Experience Optimization, Core System Integration, and Sustainable Change Management.  **[1617242_ce4795bdaba445b3b72429b96396d7a1_0]** 
- The program is expected to deliver **operational improvements within the first year**, including reduced operating expenses and increased capacity for revenue-generating opportunities.  **[1617242_ce4795bdaba445b3b72429b96396d7a1_1]** 
- As of **June 30, 2025**, Kearny Financial Corp. reported approximately **$7.7 billion in total assets**.  **[1617242_ce4795bdaba445b3b72429b96396d7a1_1]**

Kearny Financial (KRNY)