Kearny Bank: Yields and Funding Costs
Data as of · Call Report Schedules RI and RC-K How we update
What the bank earns on its assets, what it pays for its funding, and the spread between them. Net interest margin is the output of the two: it is the engine of earnings for almost every commercial bank.
Compared with Q1 2026, Total interest expense rose 4.2% in Q2 2026 to $41.9M, the biggest move on this page. Within New Jersey, Kearny Bank is 43rd of 49 on net interest margin, 2.25% as of Q2 2026, below the middle of the field. Kearny Bank reported 2.25% on net interest margin for Q2 2026, 1.46 points below the 3.71% median for banks in the $1B-10B asset tier.
Asset yields
| Line item | Q2 2026 |
|---|---|
| Yield on earning assets | 4.60% |
| Yield on loans | 4.75% |
| Yield on securities | 3.85% |
Funding costs
| Line item | Q2 2026 |
|---|---|
| Cost of funds | 2.47% |
| Cost of interest-bearing deposits | 2.44% |
| Cost of interest-bearing liabilities | 2.73% |
| Cost of borrowings | 3.77% |
Spread and margin
| Line item | Q2 2026 |
|---|---|
| Net interest margin | 2.25% |
| Yield to cost spread | 1.87% |
Interest income and expense
| Line item | Q2 2026 |
|---|---|
| Interest income on loans | $69.5M |
| Total interest expense | $41.9M |
| Interest expense on deposits | $30.6M |
Yields and Funding Costs trend
Last 12 quarters as filed. Every value plotted here also appears in the tables above.
Yields and Funding Costs by quarter
| Quarter | Yield on earning assets | Cost of funds | Net interest margin | Loans | Securities |
|---|---|---|---|---|---|
| Q3 2023 | 4.37% | 2.37% | 2.08% | 4.34% | 4.27% |
| Q4 2023 | 4.50% | 2.65% | 1.92% | 4.43% | 4.48% |
| Q1 2024 | 4.52% | 2.74% | 1.87% | 4.45% | 4.47% |
| Q2 2024 | 4.61% | 2.88% | 1.82% | 4.59% | 4.39% |
| Q3 2024 | 4.63% | 2.95% | 1.78% | 4.61% | 4.37% |
| Q4 2024 | 4.55% | 2.86% | 1.80% | 4.55% | 4.28% |
| Q1 2025 | 4.43% | 2.65% | 1.88% | 4.47% | 4.07% |
| Q2 2025 | 4.48% | 2.60% | 1.98% | 4.56% | 4.00% |
| Q3 2025 | 4.62% | 2.62% | 2.10% | 4.71% | 4.08% |
| Q4 2025 | 4.57% | 2.52% | 2.14% | 4.69% | 3.90% |
| Q1 2026 | 4.47% | 2.37% | 2.20% | 4.59% | 3.83% |
| Q2 2026 | 4.60% | 2.47% | 2.25% | 4.75% | 3.85% |
Kearny Bank yields and funding costs, all the way back
Yields and Funding Costs back to 2001 · peer percentiles on every line item · Excel export
Unlock Kearny Bank, freeSource: Call Report Schedules RI and RC-K, as filed with the FFIEC and standardized by BankRegReports. Dollar amounts are as reported, point-in-time; income statement items are year-to-date through the report date. See the full Kearny Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 28765) · FFIEC NIC profile (RSSD 633378)