HIGHBuilt-inGeographic
93.3%
New Jersey and New York
“10-K Item 1: '$1.63 billion, or 93.3%, of our one- to four-family residential mortgage loans were secured by properties located within New Jersey and New York'”
KRNY · Concentration risk · 10-K extracted
Kearny Financial (KRNY) concentration risks
Updated
The most significant concentration Kearny Financial discloses is New Jersey and New York at 93.3%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Kearny Financial’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 4 disclosed concentrations
HIGH1
MEDIUM3
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inLoan_portfolio
46.6%
multi-family mortgage loans
“10-K Item 1: 'multi-family mortgage loans totaled $2.71 billion, or 46.6% of our loan portfolio'”
MEDIUMBuilt-inLoan_portfolio
30.1%
one- to four-family residential mortgage loans
“10-K Item 1: 'one- to four-family residential mortgage loans totaled $1.75 billion, or 30.1% of our loan portfolio'”
MEDIUMOutside partyLoan_portfolio
wholesale funding
“10-K Item 1A: 'Our reliance on wholesale funding could adversely affect our liquidity and operating results.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-08-23Kearny Financial's concentration risk is heavily geographic and loan-mix driven rather than tied to any single borrower. $1.63 billion, or 93.3%, of its one- to four-family residential mortgage loans were secured by properties in New Jersey and New York, a high-share, structural exposure that ties a large share of collateral value to the economic and real-estate conditions of just two states. Within the loan portfolio, multi-family mortgage loans made up 46.6% and one- to four-family residential mortgage loans made up 30.1% of the total — both medium-share, structural concentrations that together account for the bulk of the balance sheet's asset mix, though spread across two loan types rather than one. On the funding side, the bank's reliance on wholesale funding is flagged as a medium-share dependency that could pressure liquidity and operating results if wholesale funding markets tightened. Netted together, these exposures compound rather than offset: the geographic concentration sits largely inside the same multi-family and residential loan books that dominate the balance sheet, meaning a downturn in the New York/New Jersey real estate market would touch most of Kearny's loan portfolio simultaneously, while the wholesale-funding dependency is the separate, liability-side risk that could compound stress in a liquidity event.
For the engine’s reasoning on KRNY’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Banks - Regional
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AMAL | Amalgamated Financial Corp. | 2 | 1 | 0 | 3 |
| KRNY● | Kearny Financial | 1 | 3 | 0 | 4 |
| ACNB | ACNB Corporation | 1 | 1 | 0 | 2 |
| ALRS | Alerus Financial Corporation | 1 | 1 | 0 | 2 |
| AMTB | Amerant Bancorp Inc. | 0 | 1 | 1 | 2 |
| ABCB | Ameris Bancorp | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.