Kearny Financial Corp. (NASDAQ:KRNY) presented its investor presentation at the fiscal 2025 Annual Meeting of Stockholders on October 21, 2025, detailing strong financial performance and strategic initiatives. The company reported increasing net income and net interest margin during Q4 2025.
For Q4 2025, Kearny Financial's net income reached $6.769 million, an increase from $6.092 million in Q1 2025. Diluted earnings per share for Q4 2025 were $0.11, up from $0.10 in Q1 2025. Net interest income grew to $35.843 million in Q4 2025 from $32.446 million in Q1 2025, with net interest margin expanding to 2.00% in Q4 2025 from 1.80% in Q1 2025.
As of September 30, 2025, the company reported $7.7 billion in assets, $5.8 billion in loans, $5.7 billion in deposits, and $0.7 billion in capital. Book value per share stood at $9.77. Kearny Financial highlighted successfully navigating industry pressures in fiscal year 2025, including the inverted yield curve and commercial real estate asset quality concerns, transitioning to a growth strategy. The company noted that Federal Reserve policy shifts since late 2024 led to declining funding costs and improved net interest margins. Its credit risk management was validated, as the anticipated downturn in commercial real estate did not materialize.
Strategic technology investments included the development of an internal AI chatbot for branch staff, an enhanced digital platform with a virtual agent for clients, and the launch of two new HR/timekeeping applications tailored for small to medium-sized businesses. The company also maintained a strong credit performance, with an average annual net charge-off rate of 9 basis points between 2006 and 2025, significantly below the 48 basis points average for comparable commercial banks.
Looking ahead to fiscal year 2026, strategic initiatives include accelerating organic growth, optimizing the loan portfolio, strengthening the core deposit base, enhancing operational efficiency through technology, and broadening market presence while optimizing its physical footprint to 40 branches by October 2025. Kearny Investment Services reported $486 million in total sales and $8.7 million in gross revenue since inception, serving 2,000 clients.
