Kearny Financial Corporation has reported its financial results for the fiscal year ending June 30, 2025. The company recorded a net income of $26.1 million, or $0.42 per diluted share, marking a significant improvement from the previous year's net loss of $86.7 million. This change represents an increase of $112.7 million from the prior year. The increase in net income is attributed to a rise in non-interest income and decreases in both the provision for credit losses and income tax expense. However, there was a decrease in net interest income and an increase in non-interest expense. Additionally, Kearny Financial reported a gain on the sale of loans amounting to $806,000, contrasting with a loss of $282,000 in the prior year. The previous year's loss was mainly due to the sale of nonperforming commercial real estate loans. Furthermore, there were no gains or losses from the sale and call of securities during the year ended June 30, 2025, compared to a loss of $18.1 million in the previous year, which was related to the repositioning of the investment securities portfolio. The company's book value per share decreased by $0.15 to $11.55, and tangible book value per share decreased by $0.13 to $9.77 as of June 30, 2025, driven by a decrease in stockholders' equity. Kearny Financial did not provide an outlook or guidance for the upcoming period.