SRBK Research | Milton Maxwell

SRBK

SR Bancorp, Inc.

16.56

-0.34-2.01%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

133.17M

P/E (TTM)

30.67

Basic EPS (TTM)

0.54

Dividend Yield

0.01%

Recent Filings

8-K

3/19/26Mar 19, 2026

10-Q

Q2 FY2026 results

2/13/26Feb 13, 2026

SR Bancorp posted net income of $834K for Q2 FY2026 ended December 31, 2025, down 18% y/y from $1.0M yet with net interest income up 8% y/y to $7.8M on 7% loan growth to $839M and NIM expanding to 3.1%. Expenses climbed 11% y/y to $7.2M, driven by stock-based comp, while provision hit $49K for loan expansion; diluted EPS held at $0.11, reconciled to 7.7M shares with anti-dilution from 605K equivalents. Deposits swelled 5% q/q to $892M, borrowings doubled to $50M (FHLB advances at 3.67%-4.03%), cash at $82M. Share repurchases trimmed equity 3% q/q. Loans concentrate in New Jersey real estate. Competition pressures deposit pricing.

8-K

Q2 net income dips 18%

1/28/26Jan 28, 2026

SR Bancorp reported Q2 net income of $834,000, down 18.3% from $1.0 million a year ago, yet net interest income rose 7.6% to $7.8 million on a 3.06% margin. Assets hit $1.14B, loans $835.4M, deposits $891.5M—all up 5.4% from June. Loans grew. Buybacks trimmed equity.

8-K

Quarterly dividend declared

12/18/25Dec 18, 2025

SR Bancorp declared a $0.05 per share quarterly cash dividend on December 18, 2025, payable January 15, 2026 to record holders on December 31. Strong financial position enables this payout. Solid balance sheet.

8-K

CEO retires; insiders promoted

11/20/25Nov 20, 2025

SR Bancorp announced CEO William P. Taylor's retirement effective January 1, 2026, with no disagreements cited; he stays as director and Bank's Executive Chairman. Christopher J. Pribula, current President and COO since 2019, steps up as CEO. Neil Viotto rises to EVP and COO. Smooth internal transition preserves leadership continuity.

About

SR Bancorp, Inc. operates as the holding company for Somerset Regal Bank that provides retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Essex, Hunterdon, Middlesex, Morris, Somerset, and Union counties in New Jersey. The company provides deposit instruments, including noninterest-bearing demand deposits, interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit; business checking accounts for small businesses; and bill payment services through its online banking system. It also offers loans comprising one- to four family-residential mortgage, commercial real estate, multi-family, commercial and industrial, consumer, home equity, unsecured personal, and rehabilitation loans; and lines of credit. In addition, the company is involved in the investment activities. SR Bancorp, Inc. was founded in 1887 and is based in Bound Brook, New Jersey.

CEO

Mr. David M. Orbach Esq.

IPO

9/20/2023

Website

https://www.somersetregalbank.com

Employees

119

Sector

Financial Services

Industry

Banks - Regional