Revenue during the quarter grew 8.83 percent to $26.65 million from $24.49 million in the previous year period. Net interest income for the quarter rose 7.12 percent over the prior year period to $26.21 million. Non-interest income for the quarter fell 13.78 percent over the last year period to $2.25 million.

Kearny Financial has made provision of $1.81 million for loan losses during the quarter, down 30.13 percent from $2.59 million in the same period last year.

Net interest margin improved 10 basis points to 2.48 percent in the quarter from 2.38 percent in the last year period. Efficiency ratio for the quarter deteriorated to 73.91 percent from 68.89 percent in the previous year period. A rise in efficiency ratio suggests a fall in profitability.

Deposits stood at $2,853.26 million as on Mar. 31, 2017, up 7.23 percent compared with $2,660.77 million on Mar. 31, 2016.

Investments stood at $1,116.94 million as on Mar. 31, 2017, down 12.62 percent or $161.28 million from year-ago. Shareholders equity was at $1,094.01 million as on Mar. 31, 2017.

Return on average assets moved down 1 basis points to 0.36 percent in the quarter from 0.37 percent in the last year period. At the same time, return on average equity increased 4 basis points to 1.47 percent in the quarter from 1.43 percent in the last year period.

Nonperforming assets moved down 23.75 percent or $7.07 million to $22.68 million on Mar. 31, 2017 from $29.75 million on Mar. 31, 2016. Meanwhile, nonperforming assets to total assets was 0.47 percent in the quarter, down from 0.66 percent in the last year period.

Equity to assets ratio was 22.81 percent for the quarter, down from 25.96 percent for the previous year quarter.