Kearny Financial Q1 FY27 Net Income Rises 40% Quarter-on-Quarter to $10.04 Million

Bitget2026/10/22 12:34

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Kearny Financial’s first-quarter FY27 net income jumped 40% from the prior quarter to $10.04 million.
Net interest income fell quarter-over-quarter to $40.08 million, while net interest margin narrowed to 2.23%.
Non-interest expense dropped 6% quarter-over-quarter to $31.79 million, primarily due to lower salaries and benefits, advertising, and other expenses.
The bank launched a Nonprofit and Independent Education Banking team to expand relationship-based deposit gathering.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kearny Financial Corporation published the original content used to generate this news brief on October 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Kearny Financial Q1 FY27 Net Income Rises 40% Quarter-on-Quarter to $10.04 Million

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