SR Bancorp Is Likely To Cool Off This Summer |
SR Bancorp has seen a 43.5% stock increase in the past year, but is currently not covered by any Wall Street analysts. The bank is highly dependent on residential mortgages, with 53.2% of its loan portfolio in that category. SRBK has a low percentage of non-interest-bearing deposit accounts, which is a big reason why the bank's NIM is below the national average for banks of its size. |
seekingalpha.com |
2025-05-16 01:22:23 |
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SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS |
BOUND BROOK, N.J. , April 30, 2025 /PRNewswire/ -- SR Bancorp, Inc. (the "Company") (NASDAQ: SRBK), the holding company for Somerset Regal Bank (the "Bank"), announced net income of $537,000 for the three months ended March 31, 2025, or $0.06 per basic and diluted share, compared to net income of $1.1 million for the three months ended March 31, 2024. |
prnewswire.com |
2025-04-30 20:01:00 |
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SR BANCORP, INC. ANNOUNCES PAYMENT OF INITIAL QUARTERLY CASH DIVIDEND OF $0.05 PER SHARE |
BOUND BROOK, N.J. , March 20, 2025 /PRNewswire/ -- SR Bancorp, Inc. (NASDAQ: SRBK), the holding company for Somerset Regal Bank, announced that its Board of Directors has declared the payment of its initial quarterly cash dividend. |
prnewswire.com |
2025-03-20 10:30:00 |
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SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS |
BOUND BROOK, N.J. , Jan. 31, 2025 /PRNewswire/ -- SR Bancorp, Inc. (the "Company") (NASDAQ: SRBK), the holding company for Somerset Regal Bank (the "Bank"), announced net income of $1.0 million for the three months ended December 31, 2024, or $0.12 per basic and diluted share, compared to net income of $1.6 million for the three months ended December 31, 2023. |
prnewswire.com |
2025-01-31 18:33:00 |
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SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS |
BOUND BROOK, N.J. , Oct. 30, 2024 /PRNewswire/ -- SR Bancorp, Inc. (the "Company") (NASDAQ: SRBK), the holding company for Somerset Regal Bank (the "Bank"), announced net income of $1.4 million for the three months ended September 30, 2024 (unaudited), or $0.16 per basic and diluted share, compared to a net loss of $10.5 million for the three months ended September 30, 2023 (unaudited). |
prnewswire.com |
2024-10-30 19:54:00 |
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SR BANCORP, INC. ANNOUNCES ADOPTION OF INITIAL STOCK REPURCHASE PROGRAM |
BOUND BROOK, N.J. , Sept. 20, 2024 /PRNewswire/ -- SR Bancorp, Inc. (NASDAQ: SRBK), the holding company for Somerset Regal Bank, announced it has adopted a program to repurchase up to 950,793 shares of its common stock, which is approximately 10% of its outstanding common stock. |
prnewswire.com |
2024-09-20 13:00:00 |
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SR BANCORP, INC. ANNOUNCES QUARTERLY AND ANNUAL FINANCIAL RESULTS |
BOUND BROOK, N.J. , July 30, 2024 /PRNewswire/ -- SR Bancorp, Inc. (the "Company") (NASDAQ: SRBK), the holding company for Somerset Regal Bank (the "Bank"), announced a net loss of $10.9 million for the year ended June 30, 2024 (unaudited), compared to net income of $1.6 million for the year ended June 30, 2023. |
prnewswire.com |
2024-07-30 20:34:00 |
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SR BANCORP, INC. ANNOUNCES BALANCE SHEET REPOSITIONING |
BOUND BROOK, N.J. , May 23, 2024 /PRNewswire/ -- SR BANCORP, INC. |
prnewswire.com |
2024-05-23 21:55:00 |
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SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS |
BOUND BROOK, N.J., April 30, 2024 /PRNewswire/ -- SR BANCORP, INC. |
prnewswire.com |
2024-04-30 20:15:00 |
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SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS |
BOUND BROOK, N.J., Jan. 31, 2024 /PRNewswire/ -- SR BANCORP, INC. (the "Company") (NASDAQ: SRBK), the holding company for Somerset Regal Bank (the "Bank"), announced today net income of $1.6 million for the three months ended December 31, 2023 (unaudited), compared to a net loss of $10.5 million for the three months ended September 30, 2023 (unaudited). Excluding $32,000 of costs related to the acquisition of Regal Bancorp and its wholly-owned subsidiary Regal Bank, which is described in greater detail below, offset by $1.4 million of net accretion income related to fair value adjustments, net income would have been $605,000 for the three months ended December 31, 2023. Excluding $3.9 million of merger-related costs, a $4.2 million provision for credit losses related to the Merger and a $5.4 million charitable contribution, offset by $161,000 of net accretion income related to fair value adjustments, net income would have been $586,000 for the three months ended September 30, 2023. |
prnewswire.com |
2024-01-31 18:43:00 |
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