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Parent Only Financial Information (Tables) | 12 Months Ended
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Jun. 30, 2024
Condensed Financial Information Disclosure [Abstract] |
Condensed Statements of Financial Condition | Condensed Statements of Financial Condition
| June 30,
| 2024 |  | 2023
| (In Thousands)
Assets |  |  |
Cash and amounts due from depository institutions | $ | 30,821 |  |  | $ | 48,839 |
Loans receivable | 24,510 |  |  | 26,384 |
Investment in subsidiary | 698,427 |  |  | 794,080 |
Other assets | 854 |  |  | 827 |
Total Assets | $ | 754,612 |  |  | $ | 870,130 |
Liabilities and Stockholders' Equity |  |  |
Other liabilities | $ | 1,041 |  |  | $ | 846 |
Stockholders' equity | 753,571 |  |  | 869,284 |
Total Liabilities and Stockholders' Equity | $ | 754,612 |  |  | $ | 870,130 |
Schedule of Impact of Retrospective Application to Consolidated Statement of Income | Condensed Statements of Income (Loss) and Comprehensive Income (Loss)
| Years Ended June 30,
| 2024 |  | 2023 |  | 2022
| (In Thousands)
Dividends from subsidiary | $ | 19,332 |  |  | $ | 26,282 |  |  | $ | 156,728 |
Interest income | 2,201 |  |  | 1,749 |  |  | 1,508 |
Equity in undistributed earnings of subsidiaries | (105,948) |  |  | 14,912 |  |  | (88,452) |
Total (loss) income | (84,415) |  |  | 42,943 |  |  | 69,784 |
Directors' compensation | 618 |  |  | 532 |  |  | 530 |
Other expenses | 1,647 |  |  | 1,715 |  |  | 1,976 |
Total expense | 2,265 |  |  | 2,247 |  |  | 2,506 |
(Loss) income before income taxes | (86,680) |  |  | 40,696 |  |  | 67,278 |
Income tax expense | (13) |  |  | (115) |  |  | (269) |
Net (loss) income | $ | (86,667) |  |  | $ | 40,811 |  |  | $ | 67,547 |
Comprehensive (loss) income | $ | (80,374) |  |  | $ | 27,082 |  |  | $ | 5,676 |
Condensed Statements of Cash Flows | Condensed Statements of Cash Flows
| Years Ended June 30,
| 2024 |  | 2023 |  | 2022
| (In Thousands)
Cash Flows from Operating Activities: |  |  |  |  |
Net (loss) income | $ | (86,667) |  |  | $ | 40,811 |  |  | $ | 67,547 |
Adjustment to reconcile net income to net cash provided by operating activities: |  |  |  |  |
Equity in undistributed earnings of subsidiaries | 105,948 |  |  | (14,912) |  |  | 88,452 |
(Increase) decrease in other assets | (27) |  |  | (379) |  |  | 176 |
Increase (decrease) in other liabilities | 142 |  |  | 271 |  |  | (184) |
Net Cash Provided by Operating Activities | 19,396 |  |  | 25,791 |  |  | 155,991 |
Cash Flows from Investing Activities: |  |  |  |  |
Repayment of loan to ESOP | 1,874 |  |  | 1,817 |  |  | 1,758 |
Proceeds from the maturity of investment securities available for sale | — |  |  | — |  |  | 15,000 |
Net Cash Provided by Investing Activities | 1,874 |  |  | 1,817 |  |  | 16,758 |
Cash Flows from Financing Activities: |  |  |  |  |
Cash dividends paid | (27,564) |  |  | (28,499) |  |  | (30,693) |
Repurchase and cancellation of common stock of Kearny Financial Corp. | (11,240) |  |  | (27,558) |  |  | (129,520) |
Cancellation of shares repurchased on vesting to pay taxes | (484) |  |  | (462) |  |  | (977) |
Net Cash Used In Financing Activities | (39,288) |  |  | (56,519) |  |  | (161,190) |
Net (Decrease) Increase in Cash and Cash Equivalents | (18,018) |  |  | (28,911) |  |  | 11,559 |
Cash and Cash Equivalents - Beginning | 48,839 |  |  | 77,750 |  |  | 66,191 |
Cash and Cash Equivalents - Ending | $ | 30,821 |  |  | $ | 48,839 |  |  | $ | 77,750 |

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