Kearny Financial Corp

Kearny Financial Corp. (NASDAQ: KRNY) is the holding company of Kearny Bank, a New Jersey-based community bank founded in 1884. The bank operates 40 branches across 12 counties in New Jersey and the New York metropolitan area. With approximately $7.7 billion in total assets, $5.9 billion in loans, and $5.7 billion in deposits, Kearny Bank provides a range of commercial and consumer banking services including multi-family mortgage lending, commercial real estate (CRE) lending, commercial and industrial (C&I) loans, construction loans, one-to-four family residential mortgages, and home equity loans. The company is executing a strategic transformation from a traditional thrift model toward a commercially focused banking franchise, with investments in C&I lending, treasury management, specialty deposit gathering, and technology including AI-driven operational efficiency initiatives. The loan portfolio is concentrated in multi-family mortgages (42.5%), one-to-four family residential mortgages (30.5%), and CRE (17.3%), with growing exposure to C&I (3.8%), construction (4.5%), and home equity (1.4%). Geographically, loans are distributed across New Jersey (55%), New York (31.6%), Pennsylvania (6.2%), and other states (7.2%). Updated Jul 23, 2026