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Parent Only Financial Information (Tables)
 12 Months Ended
Jun. 30, 2024
Condensed Financial Information Disclosure [Abstract]  
Condensed Statements of Financial Condition
Condensed Statements of Financial Condition
June 30,
20242023
(In Thousands)
Assets
Cash and amounts due from depository institutions$30,821 $48,839 
Loans receivable24,510 26,384 
Investment in subsidiary698,427 794,080 
Other assets854 827 
Total Assets$754,612 $870,130 
Liabilities and Stockholders' Equity
Other liabilities$1,041 $846 
Stockholders' equity753,571 869,284 
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,
202420232022
(In Thousands)
Dividends from subsidiary$19,332 $26,282 $156,728 
Interest income2,201 1,749 1,508 
Equity in undistributed earnings of subsidiaries(105,948)14,912 (88,452)
Total (loss) income(84,415)42,943 69,784 
Directors' compensation618 532 530 
Other expenses1,647 1,715 1,976 
Total expense2,265 2,247 2,506 
(Loss) income before income taxes(86,680)40,696 67,278 
Income tax expense(13)(115)(269)
Net (loss) income$(86,667)$40,811 $67,547 
Comprehensive (loss) income$(80,374)$27,082 $5,676 
Condensed Statements of Cash Flows
Condensed Statements of Cash Flows
Years Ended June 30,
202420232022
(In Thousands)
Cash Flows from Operating Activities:
Net (loss) income$(86,667)$40,811 $67,547 
Adjustment to reconcile net income to net cash provided by operating activities:
Equity in undistributed earnings of subsidiaries105,948 (14,912)88,452 
(Increase) decrease in other assets(27)(379)176 
Increase (decrease) in other liabilities142 271 (184)
Net Cash Provided by Operating Activities19,396 25,791 155,991 
Cash Flows from Investing Activities:
Repayment of loan to ESOP1,874 1,817 1,758 
Proceeds from the maturity of investment securities available for sale— — 15,000 
Net Cash Provided by Investing Activities1,874 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 - Beginning48,839 77,750 66,191 
Cash and Cash Equivalents - Ending$30,821 $48,839 $77,750