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 · 5 disclosed concentrations
HIGH2
MEDIUM2
LOW1
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).
HIGHBuilt-inLoan_portfolio
non-owner occupied commercial real estate
“10-K Item 1A: 'Our level of non-owner occupied commercial real estate equaled 535% of Bank total risk-based capital at June 30, 2025'”
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'”
MEDIUMOutside partyLoan_portfolio
wholesale funding
“10-K Item 1A: 'wholesale funding totaled $2.0 billion, or approximately 26.0% of total assets.'”
LOWOutside partyLoan_portfolio
9.5%
public funds deposits
“10-K Item 1A: '$539.1 million, or 9.5% of our total deposits, consisted of public funds deposits from local government entities in the state of New Jersey'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Kearny Financial's concentration profile is dominated by geography: 93.3% of its one- to four-family residential mortgage loans are secured by properties in New Jersey and New York, meaning the bank's credit performance is structurally tied to regional housing and economic conditions rather than any single borrower or industry. On the asset side, non-owner occupied commercial real estate equaled 535% of Bank total risk-based capital, and multi-family mortgage loans totaled 46.6% of the loan portfolio — both structural concentrations within the CRE book that would amplify any regional real estate downturn. Funding carries its own concentrations: wholesale funding was approximately 26.0% of total assets, a dependency-type exposure since it relies on external funding markets rather than core deposits, while public funds deposits from local New Jersey government entities were a smaller 9.5% of total deposits. Taken together, these exposures reinforce one another rather than diversify away: a New Jersey/New York downturn would pressure both the residential and CRE books simultaneously, while the wholesale funding reliance could tighten at the same time credit costs rise. The regional CRE and residential concentrations are the pieces most likely to move the verdict; the public funds deposit base, being the smallest share, is the least material of the group.
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 |
|---|---|---|---|---|---|
| KRNY● | Kearny Financial | 2 | 2 | 1 | 5 |
| AMAL | Amalgamated Financial Corp. | 2 | 1 | 0 | 3 |
| 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.