SR Bancorp, Inc. Common stock
- Open
- 18.81
- Day high
- 19.04
- Day low
- 18.80
- Prev close
- 18.90
- Volume
- 37K
- Mkt cap
- $155M
- P/E (TTM)
- 31.7
- EPS (TTM)
- $0.60
- P/B
- 0.8
- P/S
- 3.0
- Yield
- 0.26%
- Per share
- $0.05
- ▲Insiders net buying $59K over the last 3 months (2 open-market buys, 0 sales)
- 🏛Institutions accumulating (13F)
SR Bancorp, Inc. Common stock (SRBK) is a Financial Services company listed on NASDAQ. The stock is up 46% over the past year. Over the trailing 3 months, insiders filed 2 open-market buys and 0 sales (SEC Form 4).
SR Bancorp, Inc. Common stock (SRBK) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
SRBK earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 28, 2026 | $0.10 | $0.11 | +10.0% | $8M | -1.7% |
| Jan 28, 2026 | $0.11 | $0.09 | -18.2% | $13M | +51.7% |
| Oct 30, 2025 | $0.09 | $0.09 | +0.0% | $13M | +52.4% |
| Sep 29, 2025 | — | $0.27 | — | $14M | — |
| Apr 30, 2025 | — | $0.06 | — | $12M | — |
| Jan 31, 2025 | — | $0.12 | — | $12M | — |
| Nov 20, 2024 | — | $-10.03 | — | $12M | — |
| Jul 30, 2024 | — | $-0.34 | — | $12M | — |
| Feb 14, 2024 | — | $0.18 | — | $13M | — |
| Nov 15, 2023 | — | $-10.03 | — | $6M | — |
SRBK insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Jun 15, 2026 | Pribula Christopher Jdirector, officer: President and CEO | Buy | 500 | $18.99 |
| Mar 20, 2026 | Faqueri Harris Mofficer: SVP and CFO | Buy | 3,000 | $16.40 |
| Mar 6, 2026 | Davey Mary Edirector | Buy | 320 | $16.30 |
| Feb 24, 2026 | Lupo Thomasdirector | Buy | 1,000 | $16.47 |
| Feb 3, 2026 | Mustard Robert Kennethdirector | Buy | 250 | $17.05 |
| Jan 30, 2026 | Viotto Neil Cofficer: EVP and COO | Tax | 882 | $16.64 |
| Jan 30, 2026 | Orbach David Mdirector, officer: Executive Chair | Option | 19,016 | $12.50 |
| Jan 30, 2026 | Orbach David Mdirector, officer: Executive Chair | Option | 0 | $12.50 |
| Jan 30, 2026 | Castelletti Jamesofficer: SVP-Sr. Comm. Lending Officer | Tax | 770 | $16.64 |
| Dec 19, 2025 | Orbach David Mdirector, officer: Executive Chair | Grant | 0 | $16.55 |
| Dec 19, 2025 | Viotto Neil Cofficer: SVP-Mortgage Lending | Grant | 9,508 | — |
| Dec 19, 2025 | Pribula Christopher Jdirector, officer: President and COO | Grant | 5,705 | — |
| Dec 19, 2025 | Pribula Christopher Jdirector, officer: President and COO | Grant | 0 | $16.55 |
| Dec 19, 2025 | Orbach David Mdirector, officer: Executive Chair | Grant | 1,901 | — |
| Dec 19, 2025 | Viotto Neil Cofficer: SVP-Mortgage Lending | Grant | 0 | $16.55 |
Source: SRBK SEC Form 4 filings, latest Jun 15, 2026. For informational purposes only — not investment advice.
See the full SRBK insider & 13F page →SR Bancorp, Inc. Common stock company profile
Overview
SR Bancorp, Inc. (NASDAQ:SRBK) is a regional bank holding company that operates through its wholly-owned subsidiary, Somerset Savings Bank, SLA. Founded in 1887 and headquartered in Bound Brook, New Jersey, the company has served the local community for over 135 years. SR Bancorp went public in September 2023, making it one of the newer entrants to the public markets in the regional banking sector. The company operates primarily in central New Jersey, with branches serving customers in Hunterdon, Middlesex, and Somerset Counties.
Business
SR Bancorp operates in the regional banking industry, providing traditional commercial banking services to individuals and small businesses in central New Jersey. Regional banks like SR Bancorp serve as financial intermediaries in their local communities, accepting deposits from customers and lending those funds to borrowers who need capital for various purposes. The company's core business revolves around two primary activities: deposit-taking and lending. On the deposit side, Somerset Savings Bank offers various savings accounts, checking accounts, certificates of deposit, and other deposit products to retail customers and businesses. These deposits provide the bank with a stable source of funding at relatively low interest rates. On the lending side, the bank provides commercial loans to small and medium-sized businesses, residential mortgages to homebuyers, and other consumer loans. Regional banks like SR Bancorp differentiate themselves from large national banks by focusing on relationship banking and local market knowledge. They typically offer more personalized service and have deeper understanding of their local economic conditions, which can be advantageous in underwriting loans and managing credit risk. However, they also face limitations in terms of geographic diversification and may be more susceptible to local economic downturns. The company operates as a single business segment focused on traditional banking services, with revenue primarily generated from the spread between interest earned on loans and interest paid on deposits, along with various fee-based services.
Revenue model
SR Bancorp generates revenue through the traditional banking model of net interest income and fee-based services. The primary revenue driver is the net interest margin - the difference between the interest rates charged on loans and the interest rates paid on deposits and other funding sources. When the bank lends money at 6% and pays depositors 2%, the 4% spread represents the gross interest margin before accounting for credit losses and operating expenses. The bank's customers are primarily individuals and small businesses in central New Jersey. Individual customers use the bank for personal banking needs like checking accounts, savings accounts, and home mortgages, while small business customers rely on the bank for commercial loans, business checking accounts, and cash management services. This customer base tends to be more relationship-focused and less price-sensitive than customers of large national banks. Several factors can significantly impact the bank's profitability. Interest rate environment is perhaps the most critical factor - rising rates generally benefit banks by expanding net interest margins, while falling rates compress margins. The bank's asset quality directly affects profitability through loan loss provisions; economic downturns in the local New Jersey market could lead to increased defaults and charge-offs. Competition from other regional banks, credit unions, and national banks can pressure both deposit rates and loan pricing. Additionally, regulatory compliance costs represent a significant fixed expense that can disproportionately impact smaller regional banks compared to larger institutions with greater scale to spread these costs. The bank also generates fee income from services like account maintenance fees, overdraft fees, and loan origination fees, though this typically represents a smaller portion of total revenue compared to net interest income.
Competitive moat
SR Bancorp's competitive moat is relatively narrow, which is typical for smaller regional banks. The company's primary competitive advantages stem from its local market presence and relationship banking model. Having operated in central New Jersey since 1887, Somerset Savings Bank has built long-standing relationships with local customers and developed deep knowledge of the local market dynamics. This local expertise can be valuable in assessing credit risk and understanding the specific needs of area businesses and residents. However, the banking industry is highly commoditized, and SR Bancorp faces significant competitive pressures. Large national banks like JPMorgan Chase and Bank of America have substantial resources to invest in technology, offer competitive rates, and provide comprehensive financial services that smaller regional banks cannot match. Credit unions often offer better rates to members due to their tax-exempt status. Online banks and fintech companies are increasingly capturing market share by offering higher deposit rates and more convenient digital banking experiences. The company's small size also limits its ability to achieve economies of scale in areas like technology infrastructure, regulatory compliance, and risk management systems. With total assets of approximately $1 billion, SR Bancorp lacks the scale to spread fixed costs efficiently compared to larger regional banks. The most significant competitive threat comes from potential consolidation in the regional banking sector. Larger banks may acquire smaller institutions like SR Bancorp to gain market share, while regulatory pressures and compliance costs may make it difficult for small banks to remain independent and profitable over the long term.
Risks & safety
SR Bancorp presents a mixed margin of safety profile with some concerning elements for a regional bank. • Solvency and Capital: The bank maintains adequate capital levels with a debt-to-equity ratio of 16.3% as of Q2 2024, which is reasonable for a bank. Total assets of $1.06 billion provide some scale, though the institution remains relatively small. • Liquidity Concerns: Cash and short-term investments of $53.4 million represent only 5% of total assets, which is relatively low for a bank. The dramatic decline from $72.5 million in Q3 2023 to $4.2 million in Q1 2024, then back up to $53.4 million, suggests potential liquidity management challenges. • Profitability Volatility: The bank reported a significant loss of $10.9 million for FY 2023, followed by modest profits in recent quarters. This earnings volatility is concerning for a traditional banking business model. • Valuation Metrics: Trading at 0.52x book value and 25x earnings (based on recent profitable quarters), the stock appears reasonably valued relative to book value but expensive on an earnings basis given the earnings volatility. • Operational Cash Flow: Negative operating cash flow of $1.4 million in Q2 2024 and historical volatility in cash generation raise questions about operational efficiency and working capital management. • Credit Quality: Limited disclosure on loan loss provisions and asset quality metrics makes it difficult to assess the underlying credit risk in the loan portfolio.
Recent development
Based on the available financial data, SR Bancorp's recent development has been marked by significant volatility and transition challenges following its public offering in September 2023. The company experienced substantial losses in fiscal 2023, reporting a net loss of $10.9 million on revenues of $38.4 million, suggesting operational challenges during the transition to public company status. The bank has shown signs of stabilization in recent quarters, returning to profitability with net income of $1.4 million in Q1 2024 and $1.0 million in Q2 2024. However, revenue has been inconsistent, ranging from $7.5 million to $12.2 million across recent quarters, indicating potential challenges in maintaining consistent business volumes. A notable development has been the significant fluctuation in the bank's liquidity position. Cash and short-term investments dropped dramatically from over $70 million in early 2023 to just $4.2 million in Q1 2024, before recovering to $53.4 million in Q2 2024. This volatility suggests the bank may be actively managing its balance sheet composition and potentially dealing with deposit flows or funding pressures. The bank's asset base has grown modestly from approximately $650 million in 2022 to over $1 billion currently, representing significant growth that may be related to the capital raised in the public offering. However, this growth has come with operational challenges, as evidenced by the losses in 2023. Without access to detailed earnings call transcripts, it's difficult to assess specific strategic initiatives, but the financial data suggests the bank is working through post-IPO integration challenges while trying to establish consistent profitability in a competitive regional banking environment.
SRBK company profile · for informational purposes only — not investment advice.
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