# EDGAR Filing Document

**Accession Number:** 0001617242
**File Stem:** 0001617242-26-000006
**Filing Date:** 2026-4
**Character Count:** 77093
**Document Hash:** c38337ec9326dce280332e02fba15682
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001617242-26-000006.hdr.sgml**: 20260423

**ACCESSION NUMBER**: 0001617242-26-000006

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 33

**CONFORMED PERIOD OF REPORT**: 20260423

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260423

**DATE AS OF CHANGE**: 20260423

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kearny Financial Corp.
- **CENTRAL INDEX KEY:** 0001617242
- **STANDARD INDUSTRIAL CLASSIFICATION:** SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 300870244
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-37399
- **FILM NUMBER:** 26885740

**BUSINESS ADDRESS:**
- **STREET 1:** 120 PASSAIC AVENUE
- **CITY:** FAIRFIELD
- **STATE:** NJ
- **ZIP:** 07004
- **BUSINESS PHONE:** (973) 244-4500

**MAIL ADDRESS:**
- **STREET 1:** 120 PASSAIC AVENUE
- **CITY:** FAIRFIELD
- **STATE:** NJ
- **ZIP:** 07004

?xml version='1.0' encoding='ASCII'? krny-20260423

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549** 

_____________________________

**FORM 8-K** 

_____________________________

**CURRENT REPORT** 

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934** 

**Date of Report (Date of earliest event reported): April 23, 2026**

_____________________________

**KEARNY FINANCIAL CORP.** 

**(Exact name of Registrant as Specified in Its Charter)** 

_____________________________

---

| | | |
|:---|:---|:---|
| **Maryland** | **001-37399** | **30-0870244** |
| **(State or Other Jurisdiction**<br>**of Incorporation)** | **(Commission File Number)** | **(IRS Employer**<br>**Identification No.)** |
| **120 Passaic Avenue Fairfield, New Jersey** | | **07004** |
| **(Address of Principal Executive Offices)** | | **(Zip Code)** |

---

**Registrant's Telephone Number, Including Area Code: (973) 244-4500** 

**(Former Name or Former Address, if Changed Since Last Report)** 

_____________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

☐&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:**

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, $0.01 par value | KRNY | The NASDAQ Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

------

**Item 2.02&nbsp;&nbsp;&nbsp;&nbsp;<u>Results of Operation and Financial Condition</u>**

On April 23, 2026, Kearny Financial Corp. (the "Company"), the holding company for Kearny Bank, issued a press release reporting its financial results for the period ended March 31, 2026.

A copy of the press release announcing the results is included as Exhibit 99.1 to this Current Report on Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

**Item 7.01&nbsp;&nbsp;&nbsp;&nbsp;<u>Regulation FD Disclosure</u>**

On April 23, 2026, the Company released a slide presentation that will be used in upcoming meetings with potential investors and current shareholders of the Company.

A copy of the slide presentation that will be used in the Company's presentation is included as Exhibit 99.2 to this Current Report on Form 8-K and is incorporated herein by reference. The information included in this Current Report pursuant to this Item 7.01 is being furnished to, and not filed with, the Securities and Exchange Commission.

**Item 8.01&nbsp;&nbsp;&nbsp;&nbsp;<u>Other Events</u>**

On April 23, 2026, the Company's Board of Directors announced a quarterly cash dividend of $0.11 per share, payable on May 20, 2026 to stockholders of record as of May 6, 2026.

**Item 9.01&nbsp;&nbsp;&nbsp;&nbsp;<u>Financial Statements and Exhibits</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)Financial Statements of Business Acquired. Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)Pro Forma Financial Information. Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)Shell Company Transaction. Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)Exhibits.

---

| | |
|:---|:---|
| **Exhibit Number** | **Description** |
| 99.1 | <u>[Press release dated April 23, 2026.](krny-20260331xexx991.htm)</u> |
| 99.2 | <u>[Kearny Financial Corp. investor presentation dated April 23, 2026.](krny-20260423xexx992xfin.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | **KEARNY FINANCIAL CORP**. | **KEARNY FINANCIAL CORP**. |
| Date: April 23, 2026 | By: | /s/ Sean Byrnes |
|  |  | Sean Byrnes |
|  |  | Executive Vice President and Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

FOR IMMEDIATE RELEASE

April 23, 2026

For further information contact:

Keith Suchodolski, Senior Executive Vice President and Chief Operating Officer, or

Sean Byrnes, Executive Vice President and Chief Financial Officer

Kearny Financial Corp.

(973) 244-4500

**KEARNY FINANCIAL CORP. ANNOUNCES THIRD QUARTER FISCAL 2026 RESULTS**

**AND DECLARATION OF CASH DIVIDEND**

Fairfield, N.J., April 23, 2026 – Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company of Kearny Bank (the "Bank"), reported net income for the quarter ended March 31, 2026 of $10.1 million, or $0.16 per diluted share, compared to $9.4 million, or $0.15 per diluted share, for the quarter ended December 31, 2025.

The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable on May 20, 2026, to stockholders of record as of May 6, 2026.

Craig L. Montanaro, President and Chief Executive Officer, commented, "We are pleased to report continued momentum in our core earnings this quarter, highlighted by our sixth consecutive quarter of net interest margin expansion. Quarter-over-quarter, net interest margin increased seven basis points as net interest income grew 3%. These results reflect the ongoing favorable repricing and remixing of our loan portfolio which, along with improving funding dynamics, positions us well for continued earnings momentum in the periods ahead."

Mr. Montanaro continued, "During the quarter, we made strategic investments to strengthen our deposit franchise. We expanded our Corporate Banking team with the addition of four high-powered deposit-focused relationship officers who will accelerate our growth in relationship-based middle-market commercial deposits. In parallel, we formed a new Specialty Deposits team specifically focused on select high-value deposit verticals in order to further diversify our funding sources."

Mr. Montanaro concluded, "Our partnership with The Lab Consulting, a management consulting firm engaged to support process improvement and operational efficiency initiatives, is now well underway, and we are encouraged by the early momentum of this initiative. The opportunities identified to streamline processes, enhance automation, and improve the client experience support our commitment to operational excellence and scalable growth. Collectively, these actions position us well to continue delivering sustainable earnings improvement and long-term shareholder value."

**<u>Third Quarter Highlights</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Pre-tax, pre-provision net revenue increased 5.5% to $13.0 million, or $0.21 per diluted share, reflecting ongoing strengthening of core earnings.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net interest margin expanded by seven basis points to 2.21%, extending the momentum of margin improvement for the sixth consecutive quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Continued advancing the loan portfolio diversification strategy by growing commercial business, construction, and home equity loans by 18.5%, 14.3% and 4.0%, respectively, while strategically reducing multifamily mortgage exposure.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Tangible book value per share improved $0.09, or 0.9%, to $10.02.

**<u>Balance Sheet</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Total assets were $7.61 billion at March 31, 2026, a decrease of $13.2 million, or 0.2%, from December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Investment securities totaled $1.09 billion at March 31, 2026, a decrease of $19.3 million, or 1.7%, from December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Loans receivable totaled $5.78 billion at March 31, 2026, an increase of $25.8 million, or 0.4%, from December 31, 2025, primarily reflecting increases in commercial and industrial ("C&I") and construction loans, partially offset by a decrease in multifamily mortgage loans, which reflects our ongoing strategic remix of the portfolio.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Deposits were $5.73 billion at March 31, 2026, an increase of $17.5 million, or 0.3%, from December 31, 2025.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Borrowings were $1.06 billion at March 31, 2026, a decrease of $35.0 million, or 3.2%, from December 31, 2025, reflecting reductions in overnight borrowings, partially offset by an increase in Federal Home Loan Bank ("FHLB") advances.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• At March 31, 2026, the Company maintained available secured borrowing capacity with the FHLB and the Federal Reserve Discount Window of $2.45 billion, representing 32.2% of total assets.

**<u>Earnings</u>**

**Net Interest Income and Net Interest Margin**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net interest margin expanded by seven basis points to 2.21% for the quarter ended March 31, 2026. The increase for the quarter was primarily driven by lower costs and average balances on interest-bearing liabilities, partially offset by lower average yields on interest-earning assets.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For the quarter ended March 31, 2026, net interest income increased $1.3 million to $39.2 million from $38.0 million for the quarter ended December 31, 2025. Included in net interest income for the quarters ended March 31, 2026 and December 31, 2025, respectively, was purchase accounting accretion of $552,000 and $494,000, and loan prepayment penalty income of $422,000 and $544,000.

**Non-Interest Income**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For the quarter ended March 31, 2026, non-interest income increased $523,000, or 9.4%, to $6.1 million from $5.6 million for the quarter ended December 31, 2025, primarily driven by a non-recurring pre-tax gain of $1.0 million on the sale of properties held for sale in the current period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Fees and service charges decreased $373,000, or 28.8%, to $922,000 for the quarter ended March 31, 2026 from $1.3 million for the quarter ended December 31, 2025. The decrease was primarily driven by the absence of $245,000 in loan related fee income associated with the payoff of a single construction loan recorded in the prior period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Electronic banking fees and charges decreased $84,000, or 17.8%, to $389,000 for the quarter ended March 31, 2026 from $473,000 for the quarter ended December 31, 2025, primarily driven by lower income from interchange fees.

**Non-Interest Expense**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For the quarter ended March 31, 2026, non-interest expense increased $1.1 million, or 3.6%, to $32.3 million from $31.2 million for the quarter ended December 31, 2025, primarily driven by increases in salary and benefits, net occupancy, and advertising, partially offset by decreases in other expense.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Salary and benefits expense increased $943,000 to $19.3 million for the quarter ended March 31, 2026 from $18.4 million for the quarter ended December 31, 2025, primarily driven by an increase in payroll taxes and employee benefits associated with the start of a new calendar year and a non-recurring severance charge of $205,000 recorded in the current period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net occupancy expense of premises increased $375,000 to $3.3 million for the quarter ended March 31, 2026 from $2.9 million for the quarter ended December 31, 2025, driven by seasonally higher snow removal expenses of $527,000 recorded in the current period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Advertising and marketing expense increased $253,000 to $665,000 for the quarter ended March 31, 2026 from $412,000 for the quarter ended December 31, 2025, primarily driven by higher advertising expenses across various formats.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Other expense decreased $377,000 to $3.5 million for the quarter March 31, 2026 from $3.8 million for the quarter ended December 31, 2025, primarily driven by the absence of non-recurring professional fees incurred in the prior period associated with the Company's partnership with The Lab Consulting and a decline in fraud losses in the current period. Changes in the other components of non-interest expense between comparative periods reflected normal operating fluctuations within those line items.

**Income Taxes**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Income tax expense totaled $2.5 million for the quarter ended March 31, 2026 compared to $2.3 million for the quarter ended December 31, 2025, resulting in an effective tax rate of 19.8% in each respective period.

------

**<u>Asset Quality</u>** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• The balance of non-performing assets increased $1.1 million to $52.4 million, or 0.69% of total assets, at March 31, 2026 from $51.3 million, or 0.67% of total assets, at December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Net charge-offs totaled $626,000, or 0.04% of average loans, on an annualized basis, for the quarter ended March 31, 2026, compared to $669,000, or 0.05% of average loans, on an annualized basis, for the quarter ended December 31, 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For the quarter ended March 31, 2026, the Company recorded a provision for credit losses of $391,000, compared to $567,000 for the quarter ended December 31, 2025. The provision for credit loss expense for the quarter ended March 31, 2026 was primarily due to loan growth and charge-offs associated with certain individually evaluated loans, partially offset by quantitative risk factor adjustments.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Allowance for credit losses ("ACL") was $44.7 million, or 0.77% of total loans, at March 31, 2026, a decrease of $235,000 from $45.0 million, or 0.78% of total loans, at December 31, 2025. The decrease in the ACL from December 31, 2025 was primarily driven by loan charge-offs, partially offset by a provision for credit losses, as noted above.

**<u>Capital</u>**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• For the quarter ended March 31, 2026, book value per share increased $0.09, or 0.8%, to $11.79 while tangible book value per share increased $0.09, or 0.9%, to $10.02.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• At March 31, 2026, total stockholders' equity included after-tax net unrealized losses on securities available for sale of $68.7 million, partially offset by after-tax unrealized gains on derivatives of $2.7 million. After-tax net unrecognized losses on securities held to maturity of $8.2 million were not reflected in total stockholders' equity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• At March 31, 2026, the Company's tangible equity to tangible assets ratio equaled 8.65%. Additionally, the regulatory capital ratios of both the Company and the Bank continued to be in excess of all applicable regulatory requirements as of March 31, 2026.

This earnings release should be read in conjunction with Kearny Financial Corp.'s Q3 2026 Investor Presentation, a copy of which is available through the Investor Relations link located at the bottom of the page of our website at www.kearnybank.com and via a Current Report on Form 8-K on the website of the Securities and Exchange Commission at www.sec.gov.

*Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to, factors discussed in documents filed by the Company with the Securities and Exchange Commission from time to time. The Company does not undertake and specifically disclaims any obligation to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company*.

Category: Earnings

------

**Linked-Quarter Comparative Financial Analysis**

**Kearny Financial Corp.**

**Consolidated Balance Sheets**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| (Dollars and Shares in Thousands,<br>Except Per Share Data) | **March 31,<br>2026** | **December 31,<br>2025** | **Variance <br>or Change** | **Variance <br>or Change Pct.** |
| **Assets** |  |  |  |  |
| Cash and cash equivalents | $123836 | $147340 | $(23504) | -16.0% |
| Securities available for sale | 983325 | 1000397 | (17072) | -1.7% |
| Securities held to maturity | 110581 | 112800 | (2219) | -2.0% |
| Loans held-for-sale | 12183 | 8786 | 3397 | 38.7% |
| Loans receivable | 5779181 | 5753393 | 25788 | 0.4% |
| &nbsp;&nbsp;&nbsp;Less: allowance for credit losses on loans | (44723) | (44958) | (235) | -0.5% |
| &nbsp;&nbsp;&nbsp;&nbsp;Net loans receivable | 5734458 | 5708435 | 26023 | 0.5% |
| Premises and equipment | 41896 | 42559 | (663) | -1.6% |
| Federal Home Loan Bank stock | 55737 | 57212 | (1475) | -2.6% |
| Accrued interest receivable | 28304 | 27420 | 884 | 3.2% |
| Goodwill | 113525 | 113525 |  | —% |
| Core deposit intangible | 1080 | 1198 | (118) | -9.8% |
| Bank owned life insurance | 312050 | 309404 | 2646 | 0.9% |
| Deferred income taxes, net | 50961 | 51617 | (656) | -1.3% |
| Other assets | 39720 | 40185 | (465) | -1.2% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total assets | $7607656 | $7620878 | $(13222) | -0.2% |
| **Liabilities** |  |  |  |  |
| Deposits: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Non-interest-bearing | $631506 | $627180 | $4326 | 0.7% |
| &nbsp;&nbsp;&nbsp;Interest-bearing | 5097576 | 5084370 | 13206 | 0.3% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total deposits | 5729082 | 5711550 | 17532 | 0.3% |
| Borrowings | 1060000 | 1095000 | (35000) | -3.2% |
| Advance payments by borrowers for taxes | 19317 | 18474 | 843 | 4.6% |
| Other liabilities | 36225 | 38458 | (2233) | -5.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 6844624 | 6863482 | (18858) | -0.3% |
| **Stockholders' Equity** |  |  |  |  |
| Common stock | 648 | 648 |  | —% |
| Paid-in capital | 495442 | 494959 | 483 | 0.1% |
| Retained earnings | 349881 | 346749 | 3132 | 0.9% |
| Unearned ESOP shares | (17511) | (17997) | 486 | 2.7% |
| Accumulated other comprehensive loss | (65428) | (66963) | 1535 | 2.3% |
| &nbsp;&nbsp;&nbsp;Total stockholders' equity | 763032 | 757396 | 5636 | 0.7% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $7607656 | $7620878 | $(13222) | -0.2% |
| **Consolidated capital ratios** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Equity to assets | 10.03% | 9.94% | 0.09% |  |
| &nbsp;&nbsp;Tangible equity to tangible assets <sup>(1)</sup> | 8.65% | 8.56% | 0.09% |  |
| **Share data** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Outstanding shares | 64739 | 64739 |  | —% |
| &nbsp;&nbsp;&nbsp;Book value per share | $11.79 | $11.70 | $0.09 | 0.8% |
| &nbsp;&nbsp;Tangible book value per share <sup>(2)</sup> | $10.02 | $9.93 | $0.09 | 0.9% |

---

_________________________

(1)Tangible equity equals total stockholders' equity reduced by goodwill and core deposit intangible assets. Tangible assets equals total assets reduced by goodwill and core deposit intangible assets.

(2)Tangible book value equals total stockholders' equity reduced by goodwill and core deposit intangible assets.

------

**Kearny Financial Corp.**

**Consolidated Statements of Income**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| (Dollars and Shares in Thousands,<br>Except Per Share Data) | **Three Months Ended** | **Three Months Ended** | **Variance <br>or Change** | **Variance <br>or Change Pct.** |
| (Dollars and Shares in Thousands,<br>Except Per Share Data) | **March 31,<br>2026** | **December 31,<br>2025** | **Variance <br>or Change** | **Variance <br>or Change Pct.** |
| **Interest income** |  |  |  |  |
| &nbsp;&nbsp;Loans | $66310 | $67410 | $(1100) | -1.6% |
| &nbsp;&nbsp;Taxable investment securities | 11425 | 11623 | (198) | -1.7% |
| &nbsp;&nbsp;Tax-exempt investment securities | 34 | 35 | (1) | -2.9% |
| &nbsp;&nbsp;Other interest-earning assets | 1400 | 1584 | (184) | -11.6% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest income | 79169 | 80652 | (1483) | -1.8% |
| **Interest expense** |  |  |  |  |
| &nbsp;&nbsp;Deposits | 31045 | 33148 | (2103) | -6.3% |
| &nbsp;&nbsp;Borrowings | 8888 | 9535 | (647) | -6.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest expense | 39933 | 42683 | (2750) | -6.4% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Net interest income** | 39236 | 37969 | 1267 | 3.3% |
| Provision for credit losses | 391 | 567 | (176) | -31.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Net interest income after provision for credit losses** | 38845 | 37402 | 1443 | 3.9% |
| **Non-interest income** |  |  |  |  |
| &nbsp;&nbsp;Fees and service charges | 922 | 1295 | (373) | -28.8% |
| &nbsp;&nbsp;Gain on sale of loans | 193 | 224 | (31) | -13.8% |
| &nbsp;&nbsp;Income from bank owned life insurance | 2646 | 2710 | (64) | -2.4% |
| &nbsp;&nbsp;Electronic banking fees and charges | 389 | 473 | (84) | -17.8% |
| &nbsp;&nbsp;Other income | 1944 | 869 | 1075 | 123.7% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total non-interest income | 6094 | 5571 | 523 | 9.4% |
| **Non-interest expense** |  |  |  |  |
| &nbsp;&nbsp;Salaries and employee benefits | 19316 | 18373 | 943 | 5.1% |
| &nbsp;&nbsp;Net occupancy expense of premises | 3263 | 2888 | 375 | 13.0% |
| &nbsp;&nbsp;Equipment and systems | 3975 | 4007 | (32) | -0.8% |
| &nbsp;&nbsp;Advertising and marketing | 665 | 412 | 253 | 61.4% |
| &nbsp;&nbsp;Federal deposit insurance premium | 1302 | 1357 | (55) | -4.1% |
| &nbsp;&nbsp;Directors' compensation | 307 | 306 | 1 | 0.3% |
| &nbsp;&nbsp;Other expense | 3471 | 3848 | (377) | -9.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total non-interest expense | 32299 | 31191 | 1108 | 3.6% |
| &nbsp;&nbsp;&nbsp;&nbsp;**Income before income taxes** | 12640 | 11782 | 858 | 7.3% |
| &nbsp;&nbsp;Income taxes | 2503 | 2333 | 170 | 7.3% |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net income** | $10137 | $9449 | $688 | 7.3% |
| **Net income per common share (EPS)** |  |  |  |  |
| &nbsp;&nbsp;Basic | $0.16 | $0.15 | $0.01 |  |
| &nbsp;&nbsp;Diluted | $0.16 | $0.15 | $0.01 |  |
| **Dividends declared** |  |  |  |  |
| &nbsp;&nbsp;Cash dividends declared per common share | $0.11 | $0.11 | $— |  |
| &nbsp;&nbsp;Cash dividends declared | $7005 | $6987 | $18 |  |
| &nbsp;&nbsp;Dividend payout ratio | 69.1% | 73.9% | -4.8% |  |
| **Weighted average number of common shares outstanding** |  |  |  |  |
| &nbsp;&nbsp;Basic | 62908 | 62858 | 50 |  |
| &nbsp;&nbsp;Diluted | 63251 | 63061 | 190 |  |

---

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**Kearny Financial Corp.**

**Average Balance Sheet Data**

**(Unaudited)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| (Dollars in Thousands) | **Three Months Ended** | **Three Months Ended** | **Variance <br>or Change** | **Variance <br>or Change Pct.** |
| (Dollars in Thousands) | **March 31,<br>2026** | **December 31,<br>2025** | **Variance <br>or Change** | **Variance <br>or Change Pct.** |
| **Assets** |  |  |  |  |
| Interest-earning assets: |  |  |  |  |
| &nbsp;&nbsp;Loans receivable, including loans held for sale | $5785095 | $5778680 | $6415 | 0.1% |
| &nbsp;&nbsp;Taxable investment securities | 1194487 | 1185602 | 8885 | 0.7% |
| &nbsp;&nbsp;Tax-exempt investment securities | 5669 | 5902 | (233) | -3.9% |
| &nbsp;&nbsp;Other interest-earning assets | 106967 | 123475 | (16508) | -13.4% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest-earning assets | 7092218 | 7093659 | (1441) | -0.0% |
| Non-interest-earning assets | 455725 | 455752 | (27) | -0.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets | $7547943 | $7549411 | $(1468) | -0.0% |
| **Liabilities and Stockholders' Equity** |  |  |  |  |
| Interest-bearing liabilities: |  |  |  |  |
| &nbsp;&nbsp;Deposits: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing demand | $2402177 | $2385397 | $16780 | 0.7% |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings | 761090 | 759247 | 1843 | 0.2% |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (retail) | 1181526 | 1201950 | (20424) | -1.7% |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (brokered) | 755461 | 756179 | (718) | -0.1% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 5100254 | 5102773 | (2519) | -0.0% |
| &nbsp;&nbsp;Borrowings: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank advances | 861445 | 998760 | (137315) | -13.7% |
| &nbsp;&nbsp;&nbsp;&nbsp;Other borrowings | 133833 | 38478 | 95355 | 247.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | 995278 | 1037238 | (41960) | -4.0% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 6095532 | 6140011 | (44479) | -0.7% |
| Non-interest-bearing liabilities: |  |  |  |  |
| &nbsp;&nbsp;Non-interest-bearing deposits | 633494 | 595035 | 38459 | 6.5% |
| &nbsp;&nbsp;Other non-interest-bearing liabilities | 59644 | 59447 | 197 | 0.3% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total non-interest-bearing liabilities | 693138 | 654482 | 38656 | 5.9% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 6788670 | 6794493 | (5823) | -0.1% |
| Stockholders' equity | 759273 | 754918 | 4355 | 0.6% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $7547943 | $7549411 | $(1468) | -0.0% |
| Average interest-earning assets to average interest-bearing liabilities | 116.35% | 115.53% | 0.82% | 0.7% |

---

------

**Kearny Financial Corp.**

**Performance Ratio Highlights**

**(Unaudited)**

---

| | | | |
|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Variance <br>or Change** |
| | **March 31,<br>2026** | **December 31,<br>2025** | **Variance <br>or Change** |
| **Average yield on interest-earning assets:** | | | |
| &nbsp;&nbsp;Loans receivable, including loans held for sale | 4.58% | 4.67% | -0.09% |
| &nbsp;&nbsp;Taxable investment securities | 3.83% | 3.92% | -0.09% |
| &nbsp;&nbsp;Tax-exempt investment securities <sup>(1)</sup> | 2.37% | 2.36% | 0.01% |
| &nbsp;&nbsp;Other interest-earning assets | 5.24% | 5.13% | 0.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest-earning assets | 4.47% | 4.55% | -0.08% |
| **Average cost of interest-bearing liabilities:** |  |  |  |
| &nbsp;&nbsp;Deposits: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing demand | 2.34% | 2.51% | -0.17% |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings | 1.26% | 1.40% | -0.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (retail) | 3.20% | 3.45% | -0.25% |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (brokered) | 2.71% | 2.72% | -0.01% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 2.43% | 2.60% | -0.17% |
| &nbsp;&nbsp;Borrowings: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank advances | 3.56% | 3.66% | -0.10% |
| &nbsp;&nbsp;&nbsp;&nbsp;Other borrowings | 3.66% | 4.13% | -0.47% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | 3.57% | 3.68% | -0.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 2.62% | 2.78% | -0.16% |
| &nbsp;&nbsp;Interest rate spread <sup>(2)</sup> | 1.85% | 1.77% | 0.08% |
| &nbsp;&nbsp;Net interest margin <sup>(3)</sup> | 2.21% | 2.14% | 0.07% |
| &nbsp;&nbsp;Non-interest income to average assets (annualized) | 0.32% | 0.30% | 0.02% |
| &nbsp;&nbsp;Non-interest expense to average assets (annualized) | 1.71% | 1.65% | 0.06% |
| &nbsp;&nbsp;Efficiency ratio <sup>(4)</sup> | 71.25% | 71.64% | -0.39% |
| &nbsp;&nbsp;Return on average assets (annualized) | 0.54% | 0.50% | 0.04% |
| &nbsp;&nbsp;Return on average equity (annualized) | 5.34% | 5.01% | 0.33% |
| &nbsp;&nbsp;Return on average tangible equity (annualized) <sup>(5)</sup> | 6.34% | 5.96% | 0.38% |

---

_________________________

(1)The yield on tax-exempt investment securities has not been adjusted to reflect their tax-effective yield.

(2)Interest income divided by average interest-earning assets less interest expense divided by average interest-bearing liabilities.

(3)Net interest income divided by average interest-earning assets.

(4)Non-interest expense divided by the sum of net interest income and non-interest income.

(5)Average tangible equity equals total average stockholders' equity reduced by average goodwill and average core deposit intangible assets.

------

**Five-Quarter Financial Trend Analysis**

**Kearny Financial Corp.**

**Consolidated Balance Sheets**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| (Dollars and Shares in Thousands,<br>Except Per Share Data) | **March 31,<br>2026** | **December 31,<br>2025** | **September 30,<br>2025** | **June 30,<br>2025** | **March 31,<br>2025** |
|  | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Audited)** | **(Unaudited)** |
| **Assets** |  |  |  |  |  |
| Cash and cash equivalents | $123836 | $147340 | $130139 | $167269 | $126095 |
| Securities available for sale | 983325 | 1000397 | 1016182 | 1012969 | 1003393 |
| Securities held to maturity | 110581 | 112800 | 116681 | 120217 | 124859 |
| Loans held-for-sale | 12183 | 8786 | 6650 | 5931 | 6187 |
| Loans receivable | 5779181 | 5753393 | 5767419 | 5812937 | 5846175 |
| &nbsp;&nbsp;Less: allowance for credit losses on loans | (44723) | (44958) | (45060) | (46191) | (44455) |
| &nbsp;&nbsp;&nbsp;&nbsp;Net loans receivable | 5734458 | 5708435 | 5722359 | 5766746 | 5801720 |
| Premises and equipment | 41896 | 42559 | 43222 | 43897 | 44192 |
| Federal Home Loan Bank stock | 55737 | 57212 | 62011 | 64261 | 62261 |
| Accrued interest receivable | 28304 | 27420 | 29460 | 28098 | 28521 |
| Goodwill | 113525 | 113525 | 113525 | 113525 | 113525 |
| Core deposit intangible | 1080 | 1198 | 1317 | 1436 | 1554 |
| Bank owned life insurance | 312050 | 309404 | 307248 | 304717 | 303629 |
| Deferred income taxes, net | 50961 | 51617 | 51587 | 55203 | 52913 |
| Other assets | 39720 | 40185 | 47629 | 56181 | 64292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets | $7607656 | $7620878 | $7648010 | $7740450 | $7733141 |
| **Liabilities** |  |  |  |  |  |
| Deposits: |  |  |  |  |  |
| &nbsp;&nbsp;Non-interest-bearing | $631506 | $627180 | $578481 | $582045 | $587118 |
| &nbsp;&nbsp;Interest-bearing | 5097576 | 5084370 | 5053401 | 5093172 | 5120230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total deposits | 5729082 | 5711550 | 5631882 | 5675217 | 5707348 |
| Borrowings | 1060000 | 1095000 | 1206497 | 1256491 | 1213976 |
| Advance payments by borrowers for taxes | 19317 | 18474 | 19261 | 19317 | 19981 |
| Other liabilities | 36225 | 38458 | 37166 | 43463 | 43723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 6844624 | 6863482 | 6894806 | 6994488 | 6985028 |
| **Stockholders' Equity** |  |  |  |  |  |
| Common stock | 648 | 648 | 648 | 646 | 646 |
| Paid-in capital | 495442 | 494959 | 494490 | 494546 | 494131 |
| Retained earnings | 349881 | 346749 | 344287 | 341744 | 341921 |
| Unearned ESOP shares | (17511) | (17997) | (18484) | (18970) | (19457) |
| Accumulated other comprehensive loss | (65428) | (66963) | (67737) | (72004) | (69128) |
| &nbsp;&nbsp;&nbsp;&nbsp;Total stockholders' equity | 763032 | 757396 | 753204 | 745962 | 748113 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $7607656 | $7620878 | $7648010 | $7740450 | $7733141 |
| **Consolidated capital ratios** |  |  |  |  |  |
| &nbsp;&nbsp;Equity to assets | 10.03% | 9.94% | 9.85% | 9.64% | 9.67% |
| &nbsp;&nbsp;Tangible equity to tangible assets <sup>(1)</sup> | 8.65% | 8.56% | 8.47% | 8.27% | 8.31% |
| **Share data** |  |  |  |  |  |
| &nbsp;&nbsp;Outstanding shares | 64739 | 64739 | 64739 | 64577 | 64580 |
| &nbsp;&nbsp;Book value per share | $11.79 | $11.70 | $11.63 | $11.55 | $11.58 |
| &nbsp;&nbsp;Tangible book value per share <sup>(2)</sup> | $10.02 | $9.93 | $9.86 | $9.77 | $9.80 |

---

_________________________

(1)Tangible equity equals total stockholders' equity reduced by goodwill and core deposit intangible assets. Tangible assets equals total assets reduced by goodwill and core deposit intangible assets.

(2)Tangible book value equals total stockholders' equity reduced by goodwill and core deposit intangible assets.

------

**Kearny Financial Corp.**

**Supplemental Balance Sheet Highlights**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| (Dollars in Thousands) | **March 31,<br>2026** | **December 31,<br>2025** | **September 30,<br>2025** | **June 30,<br>2025** | **March 31,<br>2025** |
| **Loan portfolio composition:** |  |  |  |  |  |
| &nbsp;&nbsp;Commercial loans: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Multi-family mortgage | $2555001 | $2619124 | $2640737 | $2709654 | $2733406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonresidential mortgage | 1012422 | 990178 | 988969 | 986556 | 988074 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial business | 201277 | 169884 | 142304 | 138755 | 140224 |
| &nbsp;&nbsp;&nbsp;&nbsp;Construction | 207765 | 181766 | 189626 | 177713 | 174722 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total commercial loans | 3976465 | 3960952 | 3961636 | 4012678 | 4036426 |
| &nbsp;&nbsp;One- to four-family residential mortgage | 1741023 | 1730543 | 1749362 | 1748591 | 1761465 |
| &nbsp;&nbsp;Consumer loans: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Home equity loans | 61379 | 59046 | 54116 | 50737 | 49699 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other consumer | 2377 | 2523 | 2487 | 2533 | 2859 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total consumer loans | 63756 | 61569 | 56603 | 53270 | 52558 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total loans, excluding yield adjustments | 5781244 | 5753064 | 5767601 | 5814539 | 5850449 |
| &nbsp;&nbsp;Unaccreted yield adjustments | (2063) | 329 | (182) | (1602) | (4274) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loans receivable, net of yield adjustments | 5779181 | 5753393 | 5767419 | 5812937 | 5846175 |
| &nbsp;&nbsp;Less: allowance for credit losses on loans | (44723) | (44958) | (45060) | (46191) | (44455) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net loans receivable | $5734458 | $5708435 | $5722359 | $5766746 | $5801720 |
| **Asset quality:** |  |  |  |  |  |
| &nbsp;&nbsp;Nonperforming assets: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accruing loans - 90 days and over past due | $— | $— | $20494 | $— | $— |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonaccrual loans | 52379 | 51306 | 44085 | 45597 | 37683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total nonperforming loans | 52379 | 51306 | 64579 | 45597 | 37683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonaccrual loans held-for-sale |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Other real estate owned |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total nonperforming assets | $52379 | $51306 | $64579 | $45597 | $37683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonperforming loans (% total loans) | 0.91% | 0.89% | 1.12% | 0.78% | 0.64% |
| &nbsp;&nbsp;&nbsp;&nbsp;Nonperforming assets (% total assets) | 0.69% | 0.67% | 0.84% | 0.59% | 0.49% |
| &nbsp;&nbsp;Classified loans | $97384 | $97542 | $117780 | $118418 | $113470 |
| &nbsp;&nbsp;Allowance for credit losses on loans (ACL): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ACL to total loans | 0.77% | 0.78% | 0.78% | 0.79% | 0.76% |
| &nbsp;&nbsp;&nbsp;&nbsp;ACL to nonperforming loans | 85.38% | 87.63% | 69.78% | 101.30% | 117.97% |
| &nbsp;&nbsp;&nbsp;&nbsp;Net charge-offs | $626 | $669 | $1049 | $49 | $368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Average net charge-off rate (annualized) | 0.04% | 0.05% | 0.07% | 0.00% | 0.03% |

---

------

**Kearny Financial Corp.**

**Supplemental Balance Sheet Highlights**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| (Dollars in Thousands) | **March 31,<br>2026** | **December 31,<br>2025** | **September 30,<br>2025** | **June 30,<br>2025** | **March 31,<br>2025** |
| **Funding composition:** |  |  |  |  |  |
| &nbsp;&nbsp;Deposits: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-interest-bearing deposits | $631506 | $627180 | $578481 | $582045 | $587118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing demand | 2375565 | 2376825 | 2334560 | 2362222 | 2410925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings | 763016 | 769742 | 751253 | 754376 | 758239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (retail) | 1201752 | 1180370 | 1208408 | 1218920 | 1218479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (brokered) | 757243 | 757433 | 759180 | 757654 | 732587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing deposits | 5097576 | 5084370 | 5053401 | 5093172 | 5120230 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total deposits | 5729082 | 5711550 | 5631882 | 5675217 | 5707348 |
| &nbsp;&nbsp;Borrowings: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank advances | 900000 | 800000 | 1006497 | 1106491 | 1028976 |
| &nbsp;&nbsp;&nbsp;&nbsp;Overnight borrowings | 160000 | 295000 | 200000 | 150000 | 185000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | 1060000 | 1095000 | 1206497 | 1256491 | 1213976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total funding | $6789082 | $6806550 | $6838379 | $6931708 | $6921324 |
| &nbsp;&nbsp;Loans as a % of deposits | 100.3% | 100.1% | 101.7% | 101.7% | 101.8% |
| &nbsp;&nbsp;Deposits as a % of total funding | 84.4% | 83.9% | 82.4% | 81.9% | 82.5% |
| &nbsp;&nbsp;Borrowings as a % of total funding | 15.6% | 16.1% | 17.6% | 18.1% | 17.5% |
| **Uninsured deposits:** |  |  |  |  |  |
| &nbsp;&nbsp;Uninsured deposits (reported) <sup>(1)</sup> | $2199708 | $2158440 | $2040021 | $1989095 | $1959070 |
| &nbsp;&nbsp;Uninsured deposits (adjusted) <sup>(2)</sup> | $839094 | $800998 | $804209 | $813780 | $799238 |

---

_________________________

(1)Uninsured deposits of Kearny Bank.

(2)Uninsured deposits of Kearny Bank adjusted to exclude deposits of its wholly-owned subsidiary and holding company and collateralized deposits of state and local governments.

------

**Kearny Financial Corp.**

**Consolidated Statements of Income**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
|<br>(Dollars and Shares in Thousands,<br>Except Per Share Data) | **March 31,<br>2026** | **December 31,<br>2025** | **September 30,<br>2025** | **June 30,<br>2025** | **March 31,<br>2025** |
| **Interest income** |  |  |  |  |  |
| &nbsp;&nbsp;Loans | $66310 | $67410 | $68349 | $66485 | $64768 |
| &nbsp;&nbsp;Taxable investment securities | 11425 | 11623 | 12600 | 12322 | 12738 |
| &nbsp;&nbsp;Tax-exempt investment securities | 34 | 35 | 41 | 49 | 55 |
| &nbsp;&nbsp;Other interest-earning assets | 1400 | 1584 | 1518 | 1549 | 1773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest income | 79169 | 80652 | 82508 | 80405 | 79334 |
| **Interest expense** |  |  |  |  |  |
| &nbsp;&nbsp;Deposits | 31045 | 33148 | 33931 | 33607 | 34912 |
| &nbsp;&nbsp;Borrowings | 8888 | 9535 | 10873 | 10955 | 10380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest expense | 39933 | 42683 | 44804 | 44562 | 45292 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net interest income** | 39236 | 37969 | 37704 | 35843 | 34042 |
| Provision for (reversal of) credit losses | 391 | 567 | (82) | 1785 | 366 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net interest income after provision for (reversal of) credit losses** | 38845 | 37402 | 37786 | 34058 | 33676 |
| **Non-interest income** |  |  |  |  |  |
| &nbsp;&nbsp;Fees and service charges | 922 | 1295 | 892 | 655 | 573 |
| &nbsp;&nbsp;Gain on sale of loans | 193 | 224 | 199 | 190 | 112 |
| &nbsp;&nbsp;Income from bank owned life insurance | 2646 | 2710 | 2689 | 2869 | 2617 |
| &nbsp;&nbsp;Electronic banking fees and charges | 389 | 473 | 416 | 442 | 391 |
| &nbsp;&nbsp;Other income | 1944 | 869 | 1651 | 835 | 869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total non-interest income | 6094 | 5571 | 5847 | 4991 | 4562 |
| **Non-interest expense** |  |  |  |  |  |
| &nbsp;&nbsp;Salaries and employee benefits | 19316 | 18373 | 18745 | 18093 | 17700 |
| &nbsp;&nbsp;Net occupancy expense of premises | 3263 | 2888 | 3307 | 2820 | 3075 |
| &nbsp;&nbsp;Equipment and systems | 3975 | 4007 | 3974 | 4030 | 3921 |
| &nbsp;&nbsp;Advertising and marketing | 665 | 412 | 562 | 615 | 609 |
| &nbsp;&nbsp;Federal deposit insurance premium | 1302 | 1357 | 1301 | 1395 | 1450 |
| &nbsp;&nbsp;Directors' compensation | 307 | 306 | 307 | 307 | 326 |
| &nbsp;&nbsp;Other expense | 3471 | 3848 | 3470 | 3633 | 3309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total non-interest expense | 32299 | 31191 | 31666 | 30893 | 30390 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Income before income taxes** | 12640 | 11782 | 11967 | 8156 | 7848 |
| &nbsp;&nbsp;Income taxes | 2503 | 2333 | 2461 | 1387 | 1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;**Net income** | $10137 | $9449 | $9506 | $6769 | $6648 |
| **Net income per common share (EPS)** |  |  |  |  |  |
| &nbsp;&nbsp;Basic | $0.16 | $0.15 | $0.15 | $0.11 | $0.11 |
| &nbsp;&nbsp;Diluted | $0.16 | $0.15 | $0.15 | $0.11 | $0.11 |
| **Dividends declared** |  |  |  |  |  |
| &nbsp;&nbsp;Cash dividends declared per common share | $0.11 | $0.11 | $0.11 | $0.11 | $0.11 |
| &nbsp;&nbsp;Cash dividends declared | $7005 | $6987 | $6963 | $6946 | $6933 |
| &nbsp;&nbsp;Dividend payout ratio | 69.1% | 73.9% | 73.2% | 102.6% | 104.3% |
| **Weighted average number of common shares outstanding** |  |  |  |  |  |
| &nbsp;&nbsp;Basic | 62908 | 62858 | 62741 | 62597 | 62548 |
| &nbsp;&nbsp;Diluted | 63251 | 63061 | 62951 | 62755 | 62713 |

---

------

**Kearny Financial Corp.**

**Average Balance Sheet Data**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
|<br>(Dollars in Thousands) | **March 31,<br>2026** | **December 31,<br>2025** | **September 30,<br>2025** | **June 30,<br>2025** | **March 31,<br>2025** |
| **Assets** |  |  |  |  |  |
| Interest-earning assets: |  |  |  |  |  |
| &nbsp;&nbsp;Loans receivable, including loans held-for-sale | $5785095 | $5778680 | $5806767 | $5830421 | $5805045 |
| &nbsp;&nbsp;Taxable investment securities | 1194487 | 1185602 | 1236705 | 1227825 | 1251612 |
| &nbsp;&nbsp;Tax-exempt investment securities | 5669 | 5902 | 6856 | 8039 | 9135 |
| &nbsp;&nbsp;Other interest-earning assets | 106967 | 123475 | 115776 | 117622 | 110736 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest-earning assets | 7092218 | 7093659 | 7166104 | 7183907 | 7176528 |
| Non-interest-earning assets | 455725 | 455752 | 453215 | 454975 | 457206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total assets | $7547943 | $7549411 | $7619319 | $7638882 | $7633734 |
| **Liabilities and Stockholders' Equity** |  |  |  |  |  |
| Interest-bearing liabilities: |  |  |  |  |  |
| &nbsp;&nbsp;Deposits: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing demand | $2402177 | $2385397 | $2343809 | $2342523 | $2405974 |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings | 761090 | 759247 | 754244 | 754192 | 751243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (retail) | 1181526 | 1201950 | 1211026 | 1215661 | 1215767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (brokered) | 755461 | 756179 | 755813 | 744345 | 730612 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 5100254 | 5102773 | 5064892 | 5056721 | 5103596 |
| &nbsp;&nbsp;Borrowings: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank advances | 861445 | 998760 | 1077146 | 1083902 | 1028958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Other borrowings | 133833 | 38478 | 85489 | 107582 | 93389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | 995278 | 1037238 | 1162635 | 1191484 | 1122347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 6095532 | 6140011 | 6227527 | 6248205 | 6225943 |
| Non-interest-bearing liabilities: |  |  |  |  |  |
| &nbsp;&nbsp;Non-interest-bearing deposits | 633494 | 595035 | 581625 | 582085 | 602647 |
| &nbsp;&nbsp;Other non-interest-bearing liabilities | 59644 | 59447 | 65024 | 64405 | 59919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total non-interest-bearing liabilities | 693138 | 654482 | 646649 | 646490 | 662566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total liabilities | 6788670 | 6794493 | 6874176 | 6894695 | 6888509 |
| Stockholders' equity | 759273 | 754918 | 745143 | 744187 | 745225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Total liabilities and stockholders' equity | $7547943 | $7549411 | $7619319 | $7638882 | $7633734 |
| Average interest-earning assets to average interest-bearing liabilities | 116.35% | 115.53% | 115.07% | 114.98% | 115.27% |

---

------

**Kearny Financial Corp.**

**Performance Ratio Highlights**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
| | **March 31,<br>2026** | **December 31,<br>2025** | **September 30,<br>2025** | **June 30,<br>2025** | **March 31,<br>2025** |
| **Average yield on interest-earning assets:** | | | | | |
| &nbsp;&nbsp;Loans receivable, including loans held-for-sale | 4.58% | 4.67% | 4.71% | 4.56% | 4.46% |
| &nbsp;&nbsp;Taxable investment securities | 3.83% | 3.92% | 4.08% | 4.01% | 4.07% |
| &nbsp;&nbsp;Tax-exempt investment securities <sup>(1)</sup> | 2.37% | 2.36% | 2.42% | 2.43% | 2.43% |
| &nbsp;&nbsp;Other interest-earning assets | 5.24% | 5.13% | 5.24% | 5.27% | 6.40% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-earning assets | 4.47% | 4.55% | 4.61% | 4.48% | 4.42% |
| **Average cost of interest-bearing liabilities:** |  |  |  |  |  |
| &nbsp;&nbsp;Deposits: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest-bearing demand | 2.34% | 2.51% | 2.63% | 2.63% | 2.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;Savings | 1.26% | 1.40% | 1.41% | 1.33% | 1.30% |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (retail) | 3.20% | 3.45% | 3.56% | 3.56% | 3.73% |
| &nbsp;&nbsp;&nbsp;&nbsp;Certificates of deposit (brokered) | 2.71% | 2.72% | 2.67% | 2.62% | 2.58% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing deposits | 2.43% | 2.60% | 2.68% | 2.66% | 2.74% |
| &nbsp;&nbsp;Borrowings: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Bank advances | 3.56% | 3.66% | 3.69% | 3.60% | 3.63% |
| &nbsp;&nbsp;&nbsp;&nbsp;Other borrowings | 3.66% | 4.13% | 4.44% | 4.45% | 4.41% |
| &nbsp;&nbsp;&nbsp;&nbsp;Total borrowings | 3.57% | 3.68% | 3.74% | 3.68% | 3.70% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total interest-bearing liabilities | 2.62% | 2.78% | 2.88% | 2.85% | 2.91% |
| &nbsp;&nbsp;Interest rate spread <sup>(2)</sup> | 1.85% | 1.77% | 1.73% | 1.62% | 1.51% |
| &nbsp;&nbsp;Net interest margin <sup>(3)</sup> | 2.21% | 2.14% | 2.10% | 2.00% | 1.90% |
| &nbsp;&nbsp;Non-interest income to average assets (annualized) | 0.32% | 0.30% | 0.31% | 0.26% | 0.24% |
| &nbsp;&nbsp;Non-interest expense to average assets (annualized) | 1.71% | 1.65% | 1.66% | 1.62% | 1.59% |
| &nbsp;&nbsp;Efficiency ratio <sup>(4)</sup> | 71.25% | 71.64% | 72.71% | 75.66% | 78.72% |
| &nbsp;&nbsp;Return on average assets (annualized) | 0.54% | 0.50% | 0.50% | 0.35% | 0.35% |
| &nbsp;&nbsp;Return on average equity (annualized) | 5.34% | 5.01% | 5.10% | 3.64% | 3.57% |
| &nbsp;&nbsp;Return on average tangible equity (annualized) <sup>(5)</sup> | 6.34% | 5.96% | 6.09% | 4.36% | 4.28% |

---

_________________________

(1)The yield on tax-exempt investment securities has not been adjusted to reflect their tax-effective yield.

(2)Interest income divided by average interest-earning assets less interest expense divided by average interest-bearing liabilities.

(3)Net interest income divided by average interest-earning assets.

(4)Non-interest expense divided by the sum of net interest income and non-interest income.

(5)Average tangible equity equals total average stockholders' equity reduced by average goodwill and average core deposit intangible assets.

------

The following tables provide a reconciliation of certain financial measures calculated in accordance with Generally Accepted Accounting Principles ("GAAP") (as reported) and non-GAAP measures. These non-GAAP measures provide additional information which allow readers to evaluate the ongoing performance of the Company. They are not a substitute for GAAP measures; they should be read and used in conjunction with the Company's GAAP financial information. In all cases, it should be understood that non-GAAP per share measures do not depict amounts that accrue directly to the benefit of shareholders.

**Kearny Financial Corp.**

**Reconciliation of GAAP to Non-GAAP**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
|<br>(Dollars and Shares in Thousands,<br>Except Per Share Data) | **March 31,<br>2026** | **December 31,<br>2025** | **September 30,<br>2025** | **June 30,<br>2025** | **March 31,<br>2025** |
| **Adjusted net income:** |  |  |  |  |  |
| &nbsp;&nbsp;Net income (GAAP) | $10137 | $9449 | $9506 | $6769 | $6648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Non-recurring transactions - net of tax: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Branch consolidation expenses |  |  | 178 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gain on sale of property held for sale | (724) |  | (532) |  |  |
| &nbsp;&nbsp;Adjusted net income | $9413 | $9449 | $9152 | $6769 | $6648 |
| **Calculation of pre-tax, pre-provision net revenue:** |  |  |  |  |  |
| &nbsp;&nbsp;Net income (GAAP) | $10137 | $9449 | $9506 | $6769 | $6648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adjustments to net income (GAAP): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Provision for income taxes | 2503 | 2333 | 2461 | 1387 | 1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provision for (reversal of) credit losses | 391 | 567 | (82) | 1785 | 366 |
| &nbsp;&nbsp;Pre-tax, pre-provision net revenue (non-GAAP) | $13031 | $12349 | $11885 | $9941 | $8214 |
| **Adjusted earnings per share:** |  |  |  |  |  |
| &nbsp;&nbsp;Weighted average common shares - basic | 62908 | 62858 | 62741 | 62597 | 62548 |
| &nbsp;&nbsp;Weighted average common shares - diluted | 63251 | 63061 | 62951 | 62755 | 62713 |
| &nbsp;&nbsp;Earnings per share - basic (GAAP) | $0.16 | $0.15 | $0.15 | $0.11 | $0.11 |
| &nbsp;&nbsp;Earnings per share - diluted (GAAP) | $0.16 | $0.15 | $0.15 | $0.11 | $0.11 |
| &nbsp;&nbsp;Adjusted earnings per share - basic (non-GAAP) | $0.15 | $0.15 | $0.15 | $0.11 | $0.11 |
| &nbsp;&nbsp;Adjusted earnings per share - diluted (non-GAAP) | $0.15 | $0.15 | $0.15 | $0.11 | $0.11 |
| **Pre-tax, pre-provision net revenue per share:** |  |  |  |  |  |
| &nbsp;&nbsp;Pre-tax, pre-provision net revenue per share - basic&nbsp;&nbsp;&nbsp;&nbsp;(non-GAAP) | $0.21 | $0.20 | $0.19 | $0.16 | $0.13 |
| &nbsp;&nbsp;Pre-tax, pre-provision net revenue per share - diluted&nbsp;&nbsp;&nbsp;&nbsp;(non-GAAP) | $0.21 | $0.20 | $0.19 | $0.16 | $0.13 |
| **Adjusted return on average assets:** |  |  |  |  |  |
| &nbsp;&nbsp;Total average assets | $7547943 | $7549411 | $7619319 | $7638882 | $7633734 |
| &nbsp;&nbsp;Return on average assets (GAAP) | 0.54% | 0.50% | 0.50% | 0.35% | 0.35% |
| &nbsp;&nbsp;Adjusted return on average assets (non-GAAP) | 0.50% | 0.50% | 0.48% | 0.35% | 0.35% |
| **Adjusted return on average equity:** |  |  |  |  |  |
| &nbsp;&nbsp;Total average equity | $759273 | $754918 | $745143 | $744187 | $745225 |
| &nbsp;&nbsp;Return on average equity (GAAP) | 5.34% | 5.01% | 5.10% | 3.64% | 3.57% |
| &nbsp;&nbsp;Adjusted return on average equity (non-GAAP) | 4.96% | 5.01% | 4.91% | 3.64% | 3.57% |

---

------

**Kearny Financial Corp.**

**Reconciliation of GAAP to Non-GAAP**

**(Unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** | **Three Months Ended** |
|<br>(Dollars and Shares in Thousands,<br>Except Per Share Data) | **March 31,<br>2026** | **December 31,<br>2025** | **September 30,<br>2025** | **June 30,<br>2025** | **March 31,<br>2025** |
| **Adjusted return on average tangible equity:** |  |  |  |  |  |
| Total average equity | $759273 | $754918 | $745143 | $744187 | $745225 |
| Less: average goodwill | (113525) | (113525) | (113525) | (113525) | (113525) |
| Less: average other intangible assets | (1157) | (1276) | (1395) | (1513) | (1636) |
| Total average tangible equity | $644591 | $640117 | $630223 | $629149 | $630064 |
| Return on average tangible equity (non-GAAP) | 6.34% | 5.96% | 6.09% | 4.36% | 4.28% |
| Adjusted return on average tangible equity (non-GAAP) | 5.90% | 5.96% | 5.87% | 4.36% | 4.28% |
| **Adjusted non-interest expense ratio:** |  |  |  |  |  |
| Non-interest expense (GAAP) | $32299 | $31191 | $31666 | $30893 | $30390 |
| Non-recurring transactions: |  |  |  |  |  |
| Branch consolidation expenses |  |  | (250) |  |  |
| Non-interest expense (non-GAAP) | $32299 | $31191 | $31416 | $30893 | $30390 |
| Non-interest expense ratio (GAAP) | 1.71% | 1.65% | 1.66% | 1.62% | 1.59% |
| Adjusted non-interest expense ratio (non-GAAP) | 1.71% | 1.65% | 1.65% | 1.62% | 1.59% |
| **Adjusted efficiency ratio:** |  |  |  |  |  |
| Non-interest expense (non-GAAP) | $32299 | $31191 | $31416 | $30893 | $30390 |
| Net interest income (GAAP) | $39236 | $37969 | $37704 | $35843 | $34042 |
| Total non-interest income (GAAP) | 6094 | 5571 | 5847 | 4991 | 4562 |
| Non-recurring transactions: |  |  |  |  |  |
| Gain on sale of property held for sale | (1020) |  | (749) |  |  |
| Total revenue (non-GAAP) | $44310 | $43540 | $42802 | $40834 | $38604 |
| Efficiency ratio (GAAP) | 71.25% | 71.64% | 72.71% | 75.66% | 78.72% |
| Adjusted efficiency ratio (non-GAAP) | 72.89% | 71.64% | 73.40% | 75.66% | 78.72% |

---

## Exhibit 99.2

![](krny-20260423xexx992xfin001.jpg)

Apri l 23, 2026 I N V E S T O R P R E S E N T A T I O N T H I R D Q U A R T E R F I S C A L 2 0 2 6 Exhibit 99.2

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![](krny-20260423xexx992xfin002.jpg)

Forward Looking Statements & Financial Measures 2 This presentation may include certain "forward-looking statements," which are made in good faith by Kearny Financial Corp. (the "Company") pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties, such as statements of the Company's plans, objectives, expectations, estimates and intentions that are subject to change based on various important factors (some of which are beyond the Company's control). In addition to the factors described under Item 1A. Risk Factors in the Company's Annual Report on Form 10-K, and subsequent filings with the Securities and Exchange Commission, the following factors, among others, could cause the Company's financial performance to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements: • the strength of the United States economy in general and the strength of the local economy in which the Company conducts operations, • the effects of, and changes in, trade, monetary and fiscal policies and laws, including interest rate policies of the Board of Governors of the Federal Reserve System, inflation, interest rates, market and monetary fluctuations, • the impact of changes in laws, regulations and government policies effecting financial institutions (including taxation, banking, securities, insurance and tariffs), • the current or anticipated impact of military conflict, terrorism or other geopolitical events, • changes in accounting policies and practices, as may be adopted by regulatory agencies, the Financial Accounting Standards Board ("FASB") or the Public Company Accounting Oversight Board, • technological changes, • competition among financial services providers, and • the success of the Company at managing the risks involved in the foregoing and managing its business. The Company cautions that the foregoing list of important factors is not exhaustive. Readers should not place any undue reliance on any forward looking statements, which speak only as of the date made. The Company does not undertake any obligation to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Company. This presentation contains financial information determined by methods other than in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Management uses these "non-GAAP" measures in its analysis of the Company's performance. Management believes these non-GAAP financial measures allow for better comparability of period to period operating performance. Additionally, the Company believes this information is utilized by regulators and market analysts to evaluate a company's financial condition and therefore, such information is useful to investors. These disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. A reconciliation of the non-GAAP measures used in this presentation to the most directly comparable GAAP measures is provided at the end of this presentation.

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![](krny-20260423xexx992xfin003.jpg)

Kearny Financial Corp. 1 Financial information as of March 31, 2026. Source: S&P Global Market Intelligence & Company Filings. 3 Branch/Office Footprint NASDAQ: KRNY Founded: 1884 Assets $7.6 billion Loans $5.8 billion Deposits $5.7 billion Capital $0.8 billion TBV Per Share: $10.02 Market Cap: $488.8 million Kearny Snapshot1 40 branches across 12 counties - in NJ and the NY metro area. Top 10 NJ Financial Institution - by Assets & Deposits

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![](krny-20260423xexx992xfin004.jpg)

Third Quarter 2026 Performance 1 Non-GAAP Financial Information on page 20. Source: Company Filings. 4 Quarter Highlights Strengthened Earnings Power: Pre-tax, pre-provision net revenue rose 5.5% to $13.0 million, underscoring continued improvement in core earnings. Sustained Margin Expansion: Net interest margin increased 7 bps to 2.21%, marking the sixth consecutive quarter of improvement, driven by favorable loan repricing and improving funding costs. Advancing Loan Diversification: Continued to remix the loan portfolio by growing commercial business, construction, and home equity loans by 18.5%, 14.3% and 4.0%, respectively, while strategically reducing multifamily exposure. Executing Strategic Actions: Operational Efficiency: The Lab Consulting partnership is underway, with early momentum supporting streamlined processes, expanded automation, and scalable growth. Deposit Franchise Expansion: Added deposit-focused relationship officers and launched a specialty deposits vertical to diversify funding sources and enhance balance-sheet stability. Reported Net Income: $10.1 million Diluted EPS: $0.16 Net Interest Income: $39.2 million Net Interest Margin: 2.21% Dividend Yield: 5.83% CET- 1 Ratio: 14.57% Financial Metrics

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![](krny-20260423xexx992xfin005.jpg)

Sustained Earnings Growth and Margin Expansion Net Interest Income & Net Interest Margin 5 Earnings Metrics1 1 See Non-GAAP Financial Information on page 20. Source: Company Filings. ($ thousands) $34,042 $35,843 $37,704 $37,969 $39,236 1.90% 2.00% 2.10% 2.14% 2.21% 3Q25 4Q25 1Q26 2Q26 3Q26 Net Interest Income Net Interest Margin ($ thousands, except per share data) $6,648 $6,769 $9,506 $9,449 $10,137 $8,214 $9,941 $11,885 $12,349 $13,031 $0.11 $0.11 $0.15 $0.15 $0.16 $0.13 $0.16 $0.19 $0.20 $0.21 3Q25 4Q25 1Q26 2Q26 3Q26 Net income Pre-tax, pre-provision net revenue Earnings per share, diluted Pre-tax, pre-provision earnings per share

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![](krny-20260423xexx992xfin006.jpg)

Executing on Our Strategy 6 Lab Consulting Initiative Operating leverage \| Capacity for growth • Developing production-ready RPAs, eliminating manual rework and expanding scalable operating capacity. Optimize Branch Footprint Lower cost structure \| Higher capital productivity • Closed 3 underperforming branches lowering fixed costs and reallocating capital to higher-return opportunities. Grow Low-Cost Core Deposits Improve funding mix \| Lower cost of funds • Added 7 experienced, deposit-focused bankers focused on growth in relationship-based middle-market commercial and specialty deposits. Enhance Loan Yields Disciplined growth \| Improved asset mix • Advanced loan portfolio diversification by growing commercial business, construction, and home equity loans, while strategically reducing multifamily mortgage exposure. Driving sustainable earnings growth through disciplined capital deployment, funding optimization, and operational efficiency Execution underway with tangible actions already completed and financial benefits beginning to emerge

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![](krny-20260423xexx992xfin007.jpg)

Granular Deposit Franchise 1 As of March 31, 2026. Source: Company Filings. 7 Non-Maturity Deposit Mix1 ($ millions) 20.1% 13.2% 13.4% 41.5% 11.0% Deposit Composition \* Increase from 1Q26 to 2Q26 in non-interest bearing demand deposits was largely the result of the migration of a consumer interest bearing product to a non-interest bearing product Deposit Trend & Composition $1,218 $1,219 $1,208 $1,180 $1,202 $733 $758 $759 $757 $757 $758 $754 $751 $770 $763 $2,411 $2,362 $2,335 $2,377 $2,376 $587 $582 $578 $627 $632 $5,707 $5,675 $5,632 $5,712 $5,729 3Q25 4Q25 1Q26 2Q26 3Q26 Retail CDs Wholesale CDs Savings Interest Bearing DDA Non-interest Bearing DDA Consumer 62.4% Commercial 21.8% Government 15.8% \*

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![](krny-20260423xexx992xfin008.jpg)

Retail Deposit Detail 1 Quarters are based on a calendar year view. 2As of March 31, 2026. 3 Excludes brokered and state & local government deposits. Source: Company Filings. 8 Retail CD Maturities1 Retail Deposit Segmentation2,3 ($ millions) $303 $355 $233 $222 $88 3.28% 3.16% 3.34% 3.27% 2.72% 2Q26 3Q26 4Q26 1Q27 2Q27 & Beyond CD Maturities - Retail & Listing Services (over the next 12 months)

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![](krny-20260423xexx992xfin009.jpg)

New York 32.1% New Jersey 55.2% Pennsylvania 6.2% Other 6.5% 1-4 Family 30.1% Home Equity 1.1% Multi-family 44.2% CRE 17.5% Construction 3.6% C&I 3.5% Diversified Loan Portfolio Loan Trend 1 As of March 31, 2026. Source: S&P Global Market Intelligence & Company Filings. 9 QTD Yield on Loans 4.58% Geographic Distribution1 Highlights LTV 59.5% Loan Composition1 ($ millions) $1,761 $1,749 $1,749 $1,731 $1,741 $50 $51 $54 $59 $61 $2,733 $2,710 $2,641 $2,619 $2,555 $988 $987 $989 $990 $1,012 $175 $178 $190 $182 $208 $140 $139 $142 $170 $201 $5,850 $5,815 $5,768 $5,753 $5,781 3Q25 4Q25 1Q26 2Q26 3Q26 1-4 Family Home Equity Multi-family CRE Construction C&I Progressing Portfolio Diversification: Commercial business, construction, and home equity loans have increased by 18.5%, 14.3% and 4.0%, respectively, while strategically reducing multifamily mortgage exposure. Loan yields increased 12bps year over year to 4.58% due to the ongoing repricing and remix of the existing portfolio.

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![](krny-20260423xexx992xfin010.jpg)

$189,413 $447,054 $85,569 $234,415 $106,084 $268,946 $69,286 $54,834 3.73% 3.74% 3.95% 3.88% 6.64% 6.84% 6.42% 6.65% Remainder 2026 2027 2028 2029 Maturing Repricing Current Rate Repricing Rate (if repriced 4/1/26) Implied Spread Opportunity to Drive Margin Expansion 10 Multifamily / CRE Loan Repricing Opportunity1 CRE Portfolio Reprice: Loans reprice based on the 5-Year Treasury plus spread or contractual terms. Interest Income Upside: Repricing through 2029 has the potential to generate material cumulative annual interest income growth, assuming similar loan replacement. Yield Enhancement Opportunity: Maturing loans enable strategic redeployment into higher-yielding assets, optimizing portfolio returns. 1 Excludes coupon greater than 6%. Based on a calendar year view. 2 Repricing Rate: Maturing loans assume treasury + a spread and Repricing loans assume contractual terms. Source: Company Filings ($ thousands) Highlights 2

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![](krny-20260423xexx992xfin011.jpg)

Multifamily Loan Portfolio Multifamily Loan Portfolio Composition1 1 As of March 31, 2026. Source: Company Filings 11 NYC Multifamily Loan Portfolio by Location Strong Asset Quality: Proven resilience across multiple credit cycles. Diversified Exposure: <50% of Multifamily in NYC; only 5.2% majority rent-regulated. Near-Term Maturities: 24.1% of NYC Multifamily loans reprice or mature within 12 months. Total MF $2.6B New York City ("NYC") Multifamily1 Highlights ($ in millions) Majority NYC Free Market 39.7% Outside NYC 55.0% Fully NYC Rent Regulated 1.8% Majority NYC Rent Regulated 3.4% Loan Value % Brooklyn 752 63.4% Queens 165 13.9% Manhattan 134 11.3% Bronx 135 11.4% Total NYC MF Loan Portfolio 1,186 100.0% NYC Multifamily Portfolio: $1.2 billion Average Loan Balance: $3.18 million Weighted Average LTV: 61.4% Nonperforming Loans / Total MF Loans: 1.58% Next 12 Months of Maturity & Repricing: $276.9 million

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![](krny-20260423xexx992xfin012.jpg)

Retail 26.2% Mixed Use 24.5% Office 13.8% Industrial 19.6% Specialty & Other 12.1% Medical 3.8% New Jersey 57.2% Brooklyn 7.8% New York (Ex. Brooklyn) 25.8% Pennsylvania 4.1% Other 5.1% CRE Loan Detail 1 As of March 31, 2026. Source: Company Filings. 12 Total CRE $1.01B LTV 52.6% CRE Portfolio by Collateral Type1 CRE Loan Geographic Distribution1

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![](krny-20260423xexx992xfin013.jpg)

Manhattan 15.8% New York (Excl. Manhattan) 13.3% New Jersey 67.8% Other 3.1% Office Portfolio 1 As of March 31, 2026. Based on a calendar year view. Source: Company Filings. 13 Office Portfolio by Contractual Maturity1 13.8% of total CRE portfolio or $139.3 million Average loan size of $2.02 million ($ millions) Office Loan Geographic Distribution1 LTV 49.8% DSCR 1.8x Total Office $139M $7 $33 $17 $9 $27 $47 $0 $10 $20 $30 $40 $50 2026 2027 2028 2029 2030 2031+

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![](krny-20260423xexx992xfin014.jpg)

Track Record of Strong Credit Performance 1 Data provided by Federal Reserve Bank of St. Louis. Source: Company Filings. 14 Net Charge-offs to Average Total Loans Between 2006 and 3Q26, including the periods of the Global Financial Crisis and the COVID-19 Pandemic, KRNY maintained an average annual net charge-off rate of 9 basis points, significantly lower than the 47 basis points average for all commercial banks (US Banks not among the top 100)1. 0.00 0.50 1.00 1.50 2.00 2.50 3.00 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 3Q26 Commercial Banks (not among top 100) KRNY Global Financial Crisis Hurricane Sandy COVID-19 PandemicCumulative charge-offs for KRNY between 2006 and 3Q26 were minimal, totaling $42.1 million.

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![](krny-20260423xexx992xfin015.jpg)

15 Conservative Underwriting Culture Comprehensive CRE / Multifamily Underwriting Highly disciplined LTV and DSCR standards Interest rates stressed at origination DSCR based on in-place rents, not projections, with conservative allowances for vacancy NOI underwritten to include forecasted expense increases and full taxes (where a tax abatement exists) Approval Authority & Underwriting Consistency Lending authority aggregated by borrower/group of related borrowers Technology ensures consistent and efficient underwriting and risk rating process Multi-faceted Loan Review & Stress Testing Semi-annual third-party loan-level stress testing and annual capital-based stress testing Quarterly third-party portfolio loan review with 65% of total portfolio reviewed on an annual basis Annual internal loan reviews on all commercial loans with balances of $2.5 million or greater Proactive Workout Process Dedicated team of portfolio managers and loan workout specialists Weekly meetings comprised of loan officers, credit personnel and special assets group to pre-emptively address delinquencies or problem credits Philosophy of aggressively addressing impaired assets in a timely fashion Senior Credit Officer Approval Management Loan Committee Approval Board Loan Committee Approval

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![](krny-20260423xexx992xfin016.jpg)

Multi-family $38.1 CRE $5.7 C&I $0.5 1-4 Family $5.1 Home Equity $0.2 Construction $2.8 0.49% 0.59% 0.84% 0.67% 0.69% 3Q25 4Q25 1Q26 2Q26 3Q26 Asset Quality Metrics Non-Performing Assets / Total Assets 1 As of March 31, 2026; dollar amounts shown in millions. Source: Company Filings. 16 Net Charge-Offs / Average Loans Non-Performing Loans1 Allowance for Credit Losses ACL by Loan Segment1 NPL's $52.4M ($ millions) 0.03% 0.00% 0.07% 0.05% 0.04% 3Q25 4Q25 1Q26 2Q26 3Q26 $44.5 $46.2 $45.1 $45.0 $44.7 0.76% 0.79% 0.78% 0.78% 0.77% 3Q25 4Q25 1Q26 2Q26 3Q26 ACL Balance ACL to Total Loans Receivable $3,976 $1,805 0.88% 0.54% Commercial Consumer ACL by Loan Segment Loan Balance ACL/Loans Increase driven by one loan in the collection process, which has since been fully repaid.

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![](krny-20260423xexx992xfin017.jpg)

Investment Securities 1 As of March 31, 2026. 2 Comprised entirely of securitized federal education loans with 97% U.S. government guarantees. 3 Assumes 29% marginal tax rate. Source: Company Filings. 17 Securities Composition1 Securities Average Balance & Yield Trend As of March 31, 2026, the after-tax net unrecognized loss on securities held- to-maturity was $8.2 million, or 1.26% of tangible equity3 AFS/HTM & Effective Duration1 ($ millions) Total Effective Duration ≈ 3.8 years Floating rate securities ≈ 26% 2 Corporate Bonds 14.4% CLO 20.6% ABS Student Loans 5.0% Agency MBS 59.3% Municipal Bonds 0.6% $1,261 $1,236 $1,244 $1,192 $1,200 4.06% 4.00% 4.07% 3.91% 3.82% 3Q25 4Q25 1Q26 2Q26 3Q26 Securities Portfolio Yield on Investments AFS , 89.9% HTM , 10.1%

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Capital and Liquidity 1 Kearny Financial Corp. (NASDAQ: KRNY) Regulatory Capital Ratios as of March 31, 2026 are preliminary. 2 Well capitalized regulatory minimums are determined at Bank level. 3 As of March 31, 2026 Source: Company Filings. 18 HighlightsRegulatory Capital Ratios1,2,3 Equity Capitalization Level Liquidity Sources3 Well-Capitalized Status Maintained Regulatory ratios for both Company and Bank remain well above "well-capitalized" thresholds. Tangible Equity Strength Tangible equity / tangible assets: 8.65%, up 34 bps YoY, reinforcing balance sheet resilience. Significant Contingent Liquidity $2.5B secured borrowing capacity with FHLB & Fed. Available liquidity is 2.9x greater than the estimated uninsured deposits. ($ millions) 8.31% 8.27% 8.47% 8.56% 8.65% 9.67% 9.64% 9.85% 9.94% 10.03% 3Q26 4Q25 1Q26 2Q26 3Q26 Tangible Common Equity / Tangible Assets Equity / Assets 5.00% 6.50% 8.00% 10.00%9.48% 14.57% 14.57% 15.51% Tier 1 Leverage Common Equity Tier 1 Tier 1 Risk-Based Capital Total Risk-Based Capital Well Capitalized Regulatory Minimum KRNY Total Capacity Available Capacity Internal Sources: Free Securities and other 717$717$ External Sources: FRB 1,298 1,298 FHLB 1,903 439 Total Liquidity 3,918$2,453$

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Enterprise-Wide Efficiency & Standardization Initiative Driving Sustainable Value for Shareholders 19 Expected Shareholder Impact Reduce operating expenses; increase capacity for revenue-generating activities Increase staff productivity; faster execution and elevated client experience Strengthen competitive positioning with a scalable platform for growth Improve employee engagement; enhance control framework and reduce errors "Operational agility and client-centricity are critical to our long-term success…" — Craig Montanaro, President & CEO Phase 1: Discovery & Design Phase 2: Pilot Automation & KPI Dashboards Phase 3: Scale Initiatives Automation & Integration • Automate workflows with RPA and AI. • Unify processes via top automation platforms. • Securely integrate with core banking and CRM. Data & Insights • Deploy real-time KPI dashboards for advanced performance tracking. • Enable data-driven decision-making across pricing, staffing, and balance-sheet optimization. Client & Change Management • Redesign client processes for enhanced speed, accuracy, and satisfaction. • Share best practices to drive adoption and continuous improvement.

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Non-GAAP Reconciliation 20 Reconciliation of GAAP to Non-GAAP (Dollars and Shares in Thousands, Except Per Share Data) March 31, 2026 December 31, 2025 September 30, 2025 June 30, 2025 March 31, 2025 Adjusted net income: Net income (GAAP) $10,137 $9,449 $9,506 $6,769 $6,648 Non-recurring transactions - net of tax: Branch consolidation expenses - - 178 - - Gain on sale of property held for sale (724) - (532) - - Adjusted net income $9,413 $9,449 $9,152 $6,769 $6,648 Calculation of pre-tax, pre-provision net revenue: Net income (GAAP) $10,137 $9,449 $9,506 $6,769 $6,648 Adjustments to net income (GAAP): Provision for income taxes $2,503 $2,333 $2,461 $1,387 $1,200 Provision for (Reversal of) credit losses $391 $567 ($82) $1,785 $366 Pre-tax, pre-provision net revenue (non-GAAP) $13,031 $12,349 $11,885 $9,941 $8,214 Adjusted earnings per share: Weighted average common shares - basic 62,908 62,858 62,741 62,597 62,548 Weighted average common shares - diluted 63,251 63,061 62,951 62,755 62,713 Earnings per share - basic (GAAP) $0.16 $0.15 $0.15 $0.11 $0.11 Earnings per share - diluted (GAAP) $0.16 $0.15 $0.15 $0.11 $0.11 Adjusted earnings per share - basic (non-GAAP) $0.15 $0.15 $0.15 $0.11 $0.11 Adjusted earnings per share - diluted (non-GAAP) $0.15 $0.15 $0.15 $0.11 $0.11 Pre-tax, pre-provision net revenue per share: Pre-tax, pre-provision net revenue per share - basic (non-GAAP) $0.21 $0.20 $0.19 $0.16 $0.13 Pre-tax, pre-provision net revenue per share - diluted (non-GAAP) $0.21 $0.20 $0.19 $0.16 $0.13 Adjusted return on average assets: Total average assets $7,547,943 $7,549,411 $7,619,319 $7,638,882 $7,633,734 Return on average assets (GAAP) 0.54% 0.50% 0.50% 0.35% 0.35% Adjusted return on average assets (non-GAAP) 0.50% 0.50% 0.48% 0.35% 0.35% Adjusted return on average equity: Total average equity $759,273 $754,918 $745,143 $744,187 $745,225 Return on average equity (GAAP) 5.34% 5.01% 5.10% 3.64% 3.57% Adjusted return on average equity (non-GAAP) 4.96% 5.01% 4.91% 3.64% 3.57% For the quarter ended

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