SR BancorpSRBK
SRBK
About: SR Bancorp Inc principal business is to acquire deposits from individuals and businesses in the communities surrounding offices and to use these deposits to fund loans.
Employees: 118
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
35% more capital invested
Capital invested by funds: $16.8M [Q2] → $22.8M (+$5.94M) [Q3]
27% more funds holding
Funds holding: 15 [Q2] → 19 (+4) [Q3]
2.34% more ownership
Funds ownership: 19.14% [Q2] → 21.48% (+2.34%) [Q3]
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Research analyst outlook
We haven’t received any recent analyst ratings for SRBK.
Financial journalist opinion
Neutral
PRNewsWire
1 month ago
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).
Neutral
PRNewsWire
3 months ago
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.
Positive
Benzinga
3 months ago
$1.8M Bet On Singular Genomics? Check Out These 3 Stocks Executives Are Buying
Although U.S. stocks closed lower on Wednesday, there were a few notable insider trades.
Neutral
PRNewsWire
4 months ago
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.
Neutral
PRNewsWire
6 months ago
SR BANCORP, INC. ANNOUNCES BALANCE SHEET REPOSITIONING
BOUND BROOK, N.J. , May 23, 2024 /PRNewswire/ -- SR BANCORP, INC.
Neutral
PRNewsWire
7 months ago
SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS
BOUND BROOK, N.J., April 30, 2024 /PRNewswire/ -- SR BANCORP, INC.
Neutral
PRNewsWire
10 months ago
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.
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