Kearny Financial Corp. reported net income of $6.8 million, or $0.11 per diluted share, for the fourth quarter ended June 30, 2025. This marks a slight increase from the $6.6 million, or $0.11 per diluted share, reported in the previous quarter ended March 31, 2025. The company's fiscal year-end results also showed significant improvement.
For the full fiscal year ended June 30, 2025, Kearny Financial Corp. reported net income of $26.1 million, or $0.42 per diluted share. This represents a substantial recovery compared to a net loss of $86.x million for the fiscal year ended June 30, 2024, which was heavily impacted by non-recurring losses from a strategic investment portfolio repositioning and BOLI restructure.
The Board of Directors declared a quarterly cash dividend of $0.11 per share. The improved full-year performance reflects the company's strategic focus on optimizing its balance sheet and managing funding costs effectively, following the prior period's adjustments.
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