Kearny Financial Corp. reported net income of $6.6 million for the quarter ended March 31, 2025, with diluted earnings per share of $0.11. This performance was consistent with the previous quarter's net income and showed a slight increase in diluted EPS. The company also declared a quarterly cash dividend of $0.11 per share.
Net income for the quarter ended March 31, 2025, was $6.6 million, consistent with the previous quarter.
Diluted earnings per share increased to $0.11 from $0.10 in the prior quarter.
Net interest income grew by $1.4 million quarter-over-quarter, driven by growth in net loans and deposits and a decrease in cost of funds.
The Board of Directors declared a quarterly cash dividend of $0.11 per share.
Kearny Financial Corp. anticipates continued strong margin expansion into the June quarter, the final quarter of its 2025 fiscal year, and is confident in its ability to sustain and enhance performance despite a volatile environment.