Kearny Financial Corp (KRNY)

Kearny Financial Corp. reported its fiscal year 2026 results, showing a net income of $36.3 million and largely stable revenue of $324.3 million. Diluted earnings per share increased to $0.57, up from $0.42 in FY2025. The company's profitability was driven by higher net interest income and fee growth, along with strategic shifts in deposit and loan portfolios and increased investment in digital banking.

Kearny Financial (NASDAQ:KRNY) recently hit a new 52-week high, trading at $9.83, despite narrowly missing quarterly earnings expectations but exceeding revenue estimates. Analysts currently hold a "Hold" rating on the stock with a consensus price target of $10.50. The company declared a quarterly dividend of $0.11, offering a 4.5% annualized yield, and has seen recent insider buying activity.

Kearny Financial director Leopold Montanaro purchased 4,773 shares of the company’s common stock for $45,152 on August 10, 2026. This transaction increased his direct holdings to 270,000 shares. The purchase occurred while the stock trades near its 52-week high, having seen a 68% return over the past year, and is considered undervalued according to InvestingPro analysis.

Kearny Financial director Leopold W. Montanaro purchased 4,773 shares of the company's common stock for $45,152 on August 10, 2026. This transaction increased his direct holdings to 270,000 shares. The purchase occurred while the stock was trading near its 52-week high, and InvestingPro analysis suggests it remains undervalued.

Kearny Financial Corp.'s EVP and General Counsel, Cassia J. Beierle, was granted 6,441 restricted stock units (RSUs) on August 7, 2026, which will vest at a rate of 33% annually starting August 7, 2027. Concurrently, 1,911 shares of common stock were withheld at $9.52 per share to cover exercise price or tax liabilities. The filing also notes her indirect holding of 2,561 shares through an ESOP, which are not subject to Section 16 reporting.