v3.26.1
Parent Only Financial Information (Tables)
12 Months Ended
Jun. 30, 2026
Condensed Financial Information Disclosure [Abstract]  
Condensed Statements of Financial Condition
Condensed Statements of Financial Condition
June 30,
20262025
(In Thousands)
Assets
Cash and amounts due from depository institutions $24,476 $20,773 
Loans receivable20,571 22,573 
Investment in subsidiary721,324 702,607 
Other assets1,394 670 
Total Assets $767,765 $746,623 
Liabilities and Stockholders' Equity
Other liabilities$1,095 $661 
Stockholders' equity766,670 745,962 
Total Liabilities and Stockholders' Equity$767,765 $746,623 
Schedule of Impact of Retrospective Application to Consolidated Statement of Income
Condensed Statements of Income (Loss) and Comprehensive Income (Loss)
Years Ended June 30,
202620252024
(In Thousands)
Dividends from subsidiary$30,970 $16,758 $19,332 
Interest income1,485 1,666 2,201 
Equity in undistributed earnings of subsidiaries5,886 9,846 (105,948)
Total income38,341 28,270 (84,415)
Directors' compensation530 584 618 
Other expenses1,693 1,714 1,647 
Total expense2,223 2,298 2,265 
Income (loss) before income taxes36,118 25,972 (86,680)
Income tax benefit (146)(103)(13)
Net income (loss)$36,264 $26,075 $(86,667)
Comprehensive income (loss)$45,316 $17,234 $(80,374)
Condensed Statements of Cash Flows
Condensed Statements of Cash Flows
Years Ended June 30,
202620252024
(In Thousands)
Cash Flows from Operating Activities:
Net income (loss)$36,264 $26,075 $(86,667)
Adjustment to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries(5,886)(9,846)105,948 
(Increase) decrease in other assets(724)184 (27)
Increase (decrease) in other liabilities306 (402)142 
Net Cash Provided by Operating Activities29,960 16,011 19,396 
Cash Flows from Investing Activities:
Repayment of loan to ESOP2,002 1,937 1,874 
Net Cash Provided by Investing Activities2,002 1,937 1,874 
Cash Flows from Financing Activities:
Cash dividends paid(27,835)(27,634)(27,564)
Repurchase and cancellation of common stock of Kearny Financial Corp. — — (11,240)
Cancellation of shares repurchased on vesting to pay taxes(424)(362)(484)
Net Cash Used In Financing Activities(28,259)(27,996)(39,288)
Net Increase (Decrease) in Cash and Cash Equivalents3,703 (10,048)(18,018)
Cash and Cash Equivalents - Beginning20,773 30,821 48,839 
Cash and Cash Equivalents - Ending$24,476 $20,773 $30,821