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]

Core Insights - Peoples Bancorp reported revenue of $114.46 million for the quarter ended June 2025, marking a year-over-year increase of 4.4% and a surprise of +1.38% over the Zacks Consensus Estimate of $112.9 million [1] - The EPS for the same period was $0.60, down from $0.84 a year ago, resulting in an EPS surprise of -23.08% compared to the consensus estimate of $0.78 [1] Financial Performance Metrics - Total earning assets averaged $8.38 billion, slightly below the average estimate of $8.41 billion [4] - Net Interest Margin was reported at 4.2%, exceeding the average estimate of 4.1% [4] - Efficiency ratio stood at 59.3%, better than the estimated 61.5% [4] - Net charge-offs as a percentage of average total loans (annualized) were 0.4%, matching the average estimate [4] - Mortgage banking income was $0.22 million, significantly lower than the average estimate of $0.62 million [4] - Total Non-interest income reached $26.88 million, surpassing the estimated $25.87 million [4] - Electronic banking income was $6.27 million, slightly above the average estimate of $6.1 million [4] - Bank owned life insurance income was $1.11 million, exceeding the average estimate of $0.95 million [4] - Insurance income was reported at $4.55 million, above the average estimate of $4.38 million [4] - Deposit account service charges totaled $4.06 million, slightly above the average estimate of $4.05 million [4] - Net Interest Income was $87.58 million, higher than the average estimate of $87.11 million [4] - Net interest income on a fully tax-equivalent basis was $87.86 million, also exceeding the average estimate of $87.11 million [4] Stock Performance - Shares of Peoples Bancorp have returned +5.6% over the past month, compared to the Zacks S&P 500 composite's +5.9% change [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. The upcoming report from F.N.B. (FNB) is expected to reveal quarterly earnings of $0.33 per share, indicating a decline of 2.9% compared to the year-ago period. Analysts forecast revenues of $421.73 million, representing an increase of 4.4% year over year. The consensus EPS estimate for the quarter has un ...