Kearny Financial Corp. filed a Current Report on Form 8-K on October 20, 2026, announcing that it will hold its fiscal 2026 Annual Meeting of Stockholders on that same day at 10:00 AM. The filing includes a copy of the investor presentation that will be used during the meeting, which is filed as Exhibit 99.1.
The presentation outlines the company's strategy of executing on a relationship-driven commercial growth model. Kearny reported a total return of 55.8% during fiscal year 2026, which it states outperformed the KBW NASDAQ Regional Bank index. The company highlighted several key operational achievements for the fiscal year ended June 30, 2026:
- Franchise Strengthening: The company consolidated three underperforming branches and shifted focus toward outside sales and small business relationships.
- Deposit Growth: Kearny expanded its deposit capabilities by establishing verticals for Corporate Banking, Specialty Deposits, and Non-Profit & Private Education.
- Technology Deployment: The company deployed Robotic Process Automation (RPA) in operational and lending workflows to reduce manual effort.
- Profitability: The company reported a 39% increase in net income and a 15.1% increase in net interest income for fiscal 2026.
The presentation also details Kearny's balance sheet metrics, noting $5.9 billion in loans, $5.7 billion in deposits, and $0.8 billion in capital as of the fiscal year-end. The company cautions that forward-looking statements in the presentation are subject to risks and uncertainties, including economic conditions, interest rate policies, and regulatory changes.
