Financial Data and Key Metrics Changes - As of September 30, 2025, the company reported a market capitalization of $425 million, total assets of $7.7 billion, loans of $5.8 billion, deposits of $5.7 billion, and capital of $700 million [9] - The tangible book value per share was reported at $9.77 [9] - Net interest income (NII) increased from $32 million to nearly $36 million, with net interest margin growing from 1.8% to 2% [12][10] - Pre-tax, pre-provision net revenue rose from approximately $7.2 million in the first quarter to $9.9 million by the fourth quarter, while pre-tax, pre-provision EPS per share increased from $0.12 to $0.16 [13] Business Line Data and Key Metrics Changes - The company is focusing on organic growth and cross-selling within its existing client base, aiming to deepen wallet share [15] - The investment services group has generated total sales of $486 million and gross revenue of $8.7 million, with assets under management at $369 million [20] Market Data and Key Metrics Changes - The company operates 43 branches across 12 counties in New Jersey and New York, with plans to close three branches, resulting in a network of 40 branches [9][10] - The company is positioned to benefit from a declining cost of funds and a more favorable yield curve, which is expected to enhance overall net income [10][17] Company Strategy and Development Direction - The company is shifting from a defensive posture to an offensive strategy focused on organic expansion and technology integration [10] - There is a strong emphasis on operational efficiency through technology, including the launch of an AI chatbot and a new HR timekeeping application for small and medium-sized businesses [11][12] - The company aims to strengthen core deposits and improve profitability through disciplined cost management and technology adoption [16][18] Management's Comments on Operating Environment and Future Outlook - Management highlighted the challenges posed by an inverted yield curve and high Fed Funds rates but expressed optimism about returning to growth [10] - The focus will be on relationship banking, optimizing loan portfolio performance, and enhancing community engagement [15][16] - The company is well-positioned for earnings growth in a declining rate environment due to its liability-sensitive structure [17] Other Important Information - The company has a strong track record of credit performance, with cumulative charge-offs of $39.8 million over nearly 20 years [14] - The company has been recognized for its investment services, ranking in the top 4% nationwide in gross revenue among peer institutions [21] Q&A Session Summary Question: Qualifications of elected directors - The qualifications of the directors being elected were addressed, with details available in the proxy statement [7][8] Question: Future growth strategies - Management discussed the focus on organic growth, technology integration, and enhancing client engagement as key strategies moving forward [15][16]

Financial Data and Key Metrics Changes - As of September 30, 2025, the company reported a market capitalization of $425 million, total assets of $7.7 billion, loans of $5.8 billion, deposits of $5.7 billion, and capital of $700 million [9] - The tangible book value per share was reported at $9.77 [9] - Net interest income (NII) increased from $32 million to nearly $36 million, with net interest margin growing from 1.8% to 2% [12][10] Business Line Data and Key Metrics Changes - The company is focusing on organic growth and has launched several technology initiatives, including an AI chatbot and a virtual agent for client transactions [11][12] - The investment services group has generated total sales of $486 million and gross revenue of $8.7 million, with assets under management at $369 million [20][21] Market Data and Key Metrics Changes - The company operates 43 branches across 12 counties in New Jersey and New York, with plans to close three branches, resulting in a network of 40 branches [9][10] - Kearny Financial is ranked as the 10th largest financial institution in the state in terms of deposits [9] Company Strategy and Development Direction - The company is shifting from a defensive posture to an offensive strategy focused on organic expansion and deepening client relationships [10][15] - There is a strong emphasis on technology to improve operational efficiency and client service, with ongoing investments in AI and automation [18][19] Management's Comments on Operating Environment and Future Outlook - Management highlighted the challenges posed by an inverted yield curve and high Fed Funds rates but expressed optimism about improved margins and net income as conditions normalize [10][11] - The focus will be on strengthening core deposits and enhancing operational efficiency through technology [16][17] Other Important Information - The company has a disciplined approach to mergers and acquisitions, having completed seven successful transactions since 1999 [10] - The company has maintained strong credit performance with minimal charge-offs over the years [14] Q&A Session Summary Question: Qualifications of elected directors - The qualifications of the directors were outlined in the proxy statement, confirming their suitability for election [7][8] Question: Future growth strategies - Management discussed the focus on organic growth, cross-selling, and enhancing client engagement through technology [15][16]

Financial Data and Key Metrics Changes - The company's market capitalization as of September 30, 2025, was $425 million, with total assets of $7.7 billion, loans amounting to $5.8 billion, deposits of $5.7 billion, and capital of $700 million [12][13] - The tangible book value per share was reported at $9.77 [12] - Net interest margin increased from 1.8% at the beginning of 2025 to approximately 2%, with net interest income rising from $32 million to nearly $36 million [19] Business Line Data and Key Metrics Changes - The company is focusing on organic growth and enhancing client relationships, aiming to deepen wallet share and optimize loan portfolio performance [23][24] - The investment services group has generated total sales of $486 million and gross revenue of $8.7 million, with assets under management at $369 million [33] Market Data and Key Metrics Changes - The company ranks as the tenth largest financial institution in terms of deposits in its operating states, New Jersey and New York [14] - The company has a minimal exposure to New York City office and rent-regulated multifamily properties, which is a fraction of its portfolio [26] Company Strategy and Development Direction - The company is shifting from a defensive posture to an offensive strategy focused on organic expansion and technology integration [16][24] - There is an emphasis on operational efficiency through technology, including the launch of an AI chatbot and a new HR timekeeping application [17][24][28] - The company plans to continue diversifying its lending and optimizing branch operations while enhancing community engagement [25] Management's Comments on Operating Environment and Future Outlook - Management highlighted the challenges posed by the inverted yield curve and high Fed fund rates but expressed optimism about improved margins and net income as conditions normalize [16][26] - The focus will be on strengthening core deposits and acquiring deposit-gathering teams to support growth [24] Other Important Information - The company has successfully completed seven M&A transactions since 1999, demonstrating a disciplined acquisition strategy [14] - The company has received advisory approval for its executive compensation and ratified the appointment of Crow LLP as its independent auditor for the fiscal year ending June 30, 2026 [36][37] Q&A Session Summary Question: Qualifications of elected directors - The qualifications and bios of the elected directors were referenced in the proxy statement, specifically on page seven [10]

Financial Data and Key Metrics Changes - As of September 30, 2025, the company reported a market capitalization of $425 million, total assets of $7.7 billion, loans of $5.8 billion, deposits of $5.7 billion, and capital of $700 million [9] - The tangible value per share was reported at $9.77, with net interest income (NII) growing from $32 million to nearly $36 million over the fiscal year [12][10] - The net interest margin increased from 1.8% to approximately 2%, reflecting a positive trend in earnings growth [12] Business Line Data and Key Metrics Changes - The company is focusing on organic growth and has launched several technology initiatives, including an AI chatbot and a virtual agent for client transactions [11][12] - The investment services group has generated total sales of $486 million and gross revenue of $8.7 million, with assets under management at $369 million [19][20] Market Data and Key Metrics Changes - The company operates 43 branches across 12 counties in New Jersey and New York, with plans to close three branches, resulting in a network of 40 branches [9][10] - Kearny Financial is ranked as the 10th largest financial institution in the state by deposits, indicating a strong market presence [9] Company Strategy and Development Direction - The company is shifting from a defensive posture to an offensive strategy focused on organic expansion and enhancing client relationships [10][15] - There is a strong emphasis on technology to improve operational efficiency and client service, with ongoing investments in automation and AI [17][18] Management's Comments on Operating Environment and Future Outlook - Management highlighted the challenges posed by an inverted yield curve and high Fed Funds rates but expressed optimism about improved margins and net income as conditions normalize [10][16] - The focus will be on strengthening core deposits and optimizing loan portfolio performance, with a commitment to relationship banking [15][16] Other Important Information - The company has a disciplined approach to mergers and acquisitions, having completed seven successful transactions since 1999 [10] - The advisory non-binding proposal to approve executive compensation received majority approval, indicating shareholder support for management [22] Q&A Session Summary Question: Qualifications of elected directors - The qualifications of the directors were outlined in the proxy statement, confirming their suitability for election [6][7]

Company Overview - Kearny Financial Corp (KRNY) has total assets of $7.7 billion[19], total loans of $5.8 billion[19], total deposits of $5.7 billion[19], and total capital of $0.7 billion[19] - The company's market capitalization is $425.3 million[19] and the tangible book value (TBV) per share is $9.77[19] - The company operates 43 full-service branches across 12 counties in New Jersey and the New York metro area, with plans to consolidate three branches to 40 by October 2025[23] Financial Performance - The company experienced growth in net interest income throughout fiscal year 2025, increasing from $32.446 million in Q1 to $35.843 million in Q4[33] - Net income also increased from $6.092 million in Q1 to $9.941 million in Q4[35] - The net interest margin improved from 1.80% in Q1 to 2.00% in Q4[33] Credit Risk Management - The company's cumulative charge-offs between 2006 and 2025 totaled $39.8 million[38] - The company maintained an average annual net charge-off rate of nine basis points between 2006 and 2025, compared to 48 basis points for all commercial banks (US banks not among the top 100)[38] Strategic Initiatives - The company aims to deepen client relationships through personalized cross-selling and targeted digital outreach[41] - The company intends to build a stable, low-cost funding base to reduce reliance on higher-cost alternatives[43] - The company plans to expand into new and adjacent markets to diversify lending opportunities[45] Operational Efficiency - The company is deploying real-time KPI dashboards for advanced performance tracking[49] - The company is automating workflows with RPA and AI and unifying processes via top automation platforms[53] Kearny Investment Services - Kearny Investment Services has generated $8.7 million in gross revenue since inception[55] - The investment services team manages $369 million in assets under administration[55]

Core Insights - Kearny Financial Corp. has announced a strategic partnership with The Lab Consulting to enhance operational efficiency and client experience while delivering value to shareholders through cost optimization and scalable growth [1][2]. Company Overview - Kearny Financial Corp. operates Kearny Bank with approximately $7.7 billion in total assets as of June 30, 2025, and has 43 retail branch offices in northern and central New Jersey, as well as Brooklyn and Staten Island, New York [6]. Partnership Objectives - The partnership aims to streamline operations, empower teams, and improve returns for stakeholders through a multi-phase innovation methodology tailored for financial institutions [3][4]. - The program is expected to yield operational improvements within the first year, including reduced operating expenses and increased capacity for revenue-generating opportunities [4]. Implementation Strategies - Key strategies include implementing Robotic Process Automation (RPA) and AI-enabled document processing to eliminate manual tasks, integrating processes across departments, and redesigning client-facing processes for better satisfaction [8]. - The Lab Consulting will provide knowledge transfer and best practices to ensure long-term adoption and continuous improvement [8].

Loan and Credit Losses - The allowance for credit losses (ACL) totaled $46.2 million at June 30, 2025, representing 0.79% of total loans, an increase from $44.9 million or 0.78% at June 30, 2024[67]. - Total loans outstanding were $5.81 billion at June 30, 2025, compared to $5.75 billion at June 30, 2024[63]. - The annualized net charge-off rate for the year ended June 30, 2025, was 0.02%, a decrease of 15 basis points from 0.17% for the year ended June 30, 2024[64]. - The ACL allocated to multi-family mortgage loans was $24.9 million, accounting for 46.60% of total loans as of June 30, 2025[67]. Investment Securities - The investment securities portfolio was $1.13 billion at June 30, 2025, down from $1.21 billion at June 30, 2024, reflecting a year-over-year net decrease of $75.4 million[70]. - The carrying value of mortgage-backed securities was $602.8 million at June 30, 2025, comprising 53.2% of total investments and 7.8% of total assets[74]. - The carrying value of corporate bonds was $140.1 million at June 30, 2025, representing 12.4% of total investments and 1.8% of total assets[78]. - The outstanding balance of collateralized loan obligations was $323.2 million at June 30, 2025, comprising 28.5% of total investments[77]. - The fair value of available for sale securities had a carrying value of $1.01 billion, or 89.4% of total securities, as of June 30, 2025[80]. - As of June 30, 2025, total securities available for sale amounted to $1,012.97 million, a decrease of 5.57% from $1,072.83 million in 2024[83]. - The carrying value of debt securities available for sale was $522.86 million, down 13.06% from $601.78 million in 2024[83]. - Total mortgage-backed securities available for sale increased to $490.11 million, up 4.05% from $471.05 million in 2024[83]. - At June 30, 2025, the total carrying value of securities held to maturity was $120.22 million, a decrease of 11.43% from $135.74 million in 2024[83]. Deposits and Funding - Retail deposits as of June 30, 2025, totaled $5.56 billion, with a weighted average nominal interest rate of 2.53%, compared to $5.35 billion and 2.29% in 2024[95]. - Certificates of deposit maturing within one year were $1.91 billion in 2025, an increase from $1.49 billion in 2024[91]. - At June 30, 2025, 76.0% of certificates of deposit were $100,000 or more, compared to 68.2% in 2024[92]. - Brokered certificates of deposit totaled approximately $757.7 million, representing 13.4% of total deposits as of June 30, 2025[93]. - The weighted average yield on total securities was 4.04% as of June 30, 2025[85]. - The company utilizes wholesale funding, including borrowings from the Federal Home Loan Bank, to manage interest rate and liquidity risks[96]. - As of June 30, 2025, Kearny Financial Corp had $1.11 billion in FHLB advances outstanding, down from $1.54 billion in the previous year, with a weighted average interest rate decrease from 5.07% to 4.36%[98]. - The maturity schedule for FHLB advances shows $906.5 million maturing in less than one year and $200 million maturing in two to three years as of June 30, 2025[99]. - Kearny Financial Corp is eligible to borrow an additional $695 million from the FHLB based on the market value of collateral posted as of June 30, 2025[100]. - The company has the capacity to borrow an additional $845 million via unsecured overnight borrowings and $1.19 billion from the FRB without additional collateral[101]. Risk Management - At June 30, 2025, Kearny Financial Corp's derivative instruments included interest rate swaps, caps, and a floor with a total notional amount of $3.08 billion to manage interest rate exposure[103]. - Interest rate risk is a significant market risk for Kearny Financial, managed through an Asset/Liability Management program overseen by the Board of Directors[308][309]. - As of June 30, 2025, a 300 basis point increase in interest rates would decrease the Economic Value of Equity (EVE) by 37.02%[313]. - The projected net interest income (NII) would decrease by 6.79% with a 300 basis point increase in interest rates over a 1 to 12 month period[313]. Employment and Benefits - Kearny Bank employed 504 full-time and 53 part-time employees as of June 30, 2025, with an average tenure of 8.4 years[106]. - The company offers a comprehensive benefits package, including a 401(k) plan with a competitive company match and an Employee Stock Ownership Plan (ESOP) fully funded by the company[110]. Regulatory Compliance - Kearny Bank's deposits are insured by the FDIC, with a maximum deposit insurance amount of $250,000 per depositor per account ownership category[119]. - As of June 30, 2025, Kearny Bank has exercised the opt-out election regarding the treatment of Accumulated Other Comprehensive Income, affecting its regulatory capital calculations[125]. - Regulatory capital requirements mandate a common equity Tier 1 capital ratio of 4.5%, with Kearny Bank needing to comply with these standards to maintain its operations[123]. - As of June 30, 2025, Kearny Bank exceeded all regulatory capital requirements and was classified as well capitalized[134]. - Kearny Bank did not opt into the community bank leverage ratio framework, which requires a leverage ratio of greater than 9.0%[129]. - The FDIC defines a well-capitalized institution as having a total risk-based capital ratio of 10.0% or greater and a Tier 1 risk-based capital ratio of 8.0% or greater[131]. - Kearny Bank must file notice with the Federal Reserve Board at least thirty days before paying a dividend, which may be disapproved under certain conditions[135]. - New Jersey law prohibits dividend payments that would impair the capital stock of the savings bank[136]. - Kearny Bank received a satisfactory rating under the Community Reinvestment Act (CRA) in its most recent evaluation[140]. - The bank's total reported loans for construction, land development, and other land represent 100% or more of its capital[143]. - Kearny Bank is a member of the Federal Home Loan Bank of New York, which provides loans to its members[144]. - The Federal Reserve Board has enforcement authority over Kearny Financial, allowing it to restrict activities posing risks to Kearny Bank[150]. - Kearny Financial is required to obtain regulatory approval from the Federal Reserve Board before engaging in certain transactions, such as mergers[149]. - Kearny Financial must obtain Federal Reserve Board approval for acquiring more than 5% of voting stock in another savings institution[153]. - As of June 30, 2025, Kearny Financial was compliant with capital requirements, maintaining a capital conservation buffer[154]. - The source of strength doctrine requires holding companies to support their subsidiary depository institutions during financial distress[155]. - Kearny Bank met the qualified thrift lender test as of June 30, 2025, maintaining at least 65% of its portfolio in qualified thrift investments[156]. Corporate Governance - The company adopted a clawback policy in October 2023 in compliance with NASDAQ standards[159]. - Kearny Financial's ability to pay dividends may be restricted if a subsidiary becomes undercapitalized[155]. - Future interest rates and their effects on net interest income are unpredictable and based on numerous assumptions[315].

I N V E S T O R P R E S E N T A T I O N F O U R T H Q U A R T E R F I S C A L 2 0 2 5 July 24, 2025 Forward Looking Statements & Financial Measures 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, ...

Exhibit 99.1 FOR IMMEDIATE RELEASE July 24, 2025 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 FOURTH QUARTER AND FISCAL YEAR END 2025 RESULTS AND DECLARATION OF $0.11 PER SHARE CASH DIVIDEND Fairfield, N.J., July 24, 2025 – Kearny Financial Corp. (NASDAQ GS: KRNY) (the "Company"), the holding company of ...

Core Points - Kearny Financial Corp. reported a net income of $6.8 million, or $0.11 per diluted share, for the quarter ended June 30, 2025, showing a slight increase from $6.6 million in the previous quarter [1][2] - For the fiscal year ended June 30, 2025, the company reported a net income of $26.1 million, a significant recovery from a net loss of $86.7 million in the prior year [2] - The Board of Directors declared a quarterly cash dividend of $0.11 per share, payable on August 26, 2025 [3] Financial Performance - The company achieved a 23% growth in pre-tax, pre-provision earnings per share this quarter, attributed to a 10 basis points expansion in net interest margin [4] - Net interest income increased by 5.3% to $35.8 million for the quarter ended June 30, 2025, compared to $34.0 million for the previous quarter [8] - Non-interest income rose by 9.4% to $5.0 million for the quarter ended June 30, 2025, driven by increases in income from bank-owned life insurance and gains on the sale of loans [12] Balance Sheet Highlights - Total assets were $7.74 billion at June 30, 2025, reflecting a 0.1% increase from the previous quarter [8] - Loans receivable totaled $5.81 billion, a decrease of 0.6% from the previous quarter but an increase of 1.4% year-over-year [8] - Deposits were $5.68 billion, a decrease of 0.6% from the previous quarter but an increase of 10.0% from the same period last year [8] Asset Quality - The balance of non-performing assets increased to $45.6 million, or 0.59% of total assets, as of June 30, 2025, up from $37.7 million in the previous quarter [18] - Net charge-offs were less than 0.01% of average loans for the quarter ended June 30, 2025, compared to 0.03% in the previous quarter [18] - The allowance for credit losses was $46.2 million, or 0.79% of total loans, at June 30, 2025, an increase from $44.5 million in the previous quarter [18] Capital and Equity - The company's tangible equity to tangible assets ratio was 8.27% at June 30, 2025, with regulatory capital ratios exceeding the levels required to be classified as "well-capitalized" [18] - Book value per share decreased by 0.3% to $11.55, while tangible book value per share also decreased by 0.3% to $9.77 [18]