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Kearny Financial ( (KRNY) ) has issued an update.
Kearny Financial Corp., the holding company for Kearny Bank, reported second-quarter fiscal 2026 net income of $9.4 million, or $0.15 per diluted share, for the quarter ended December 31, 2025, essentially flat versus the prior quarter, as the bank continued to shift its loan mix toward commercial business and home equity lending while intentionally reducing multifamily exposure. The company highlighted a four-basis-point expansion in net interest margin to 2.14%, a 20.6% reduction in non-performing assets to $51.3 million, deposit growth of $79.7 million that helped reduce higher-cost wholesale borrowings, and a modest decline in total assets and loans receivable, underscoring a strategy focused on balance-sheet optimization and credit quality. Management reported progress on strategic initiatives, including a partnership with The Lab Consulting to drive automation and efficiency, and the recruitment of a five-person residential lending team to build the pipeline of loans held for sale and diversify fee income, moves aimed at strengthening long-term earnings and operational resilience. On January 22, 2026, the board also declared a quarterly cash dividend of $0.11 per share, payable on February 18, 2026 to shareholders of record as of February 4, 2026, signaling continued capital return to investors alongside ongoing investment in growth and process improvements.
The most recent analyst rating on (KRNY) stock is a Hold with a $8.50 price target. To see the full list of analyst forecasts on Kearny Financial stock, see the KRNY Stock Forecast page.
Spark’s Take on KRNY Stock
According to Spark, TipRanks’ AI Analyst, KRNY is a Outperform.
Kearny Financial’s overall score is driven by strong technical indicators and positive corporate events. While financial performance shows areas for improvement, the company’s strategic initiatives and attractive dividend yield support a favorable outlook.
To see Spark’s full report on KRNY stock, click here.
More about Kearny Financial
Kearny Financial Corp. is the holding company for Kearny Bank, a New Jersey-based community bank that operates in the regional banking sector and focuses on consumer and commercial lending and deposit services, including multifamily, residential, commercial and industrial, and home equity loans, as well as a range of deposit products aimed at both retail and business customers.
Average Trading Volume: 379,665
Technical Sentiment Signal: Buy
Current Market Cap: $510.1M
For an in-depth examination of KRNY stock, go to TipRanks’ Overview page.