SR Bancorp quarterly net income rises 54.1% to $1.1 million, or $0.15 a share
SR Bancorp, Inc., holding company for Somerset Regal Bank, reported net income of $1.1 million, or $0.15 per basic and diluted share, for the three months ended September 30, 2026, up 54.1% from $693,000, or $0.09 per share, a year earlier. Total assets reached $1.22 billion, with net loans of $947.4 million and deposits of $979.2 million at quarter end, but net interest margin slipped to 3.03% from 3.05%.
Key points
- Net income of $1.1 million, or $0.15 per diluted share, for the quarter ended September 30, 2026, versus $693,000, or $0.09, a year earlier.
- Net interest income rose 9.3% to $8.3 million; net interest margin fell two basis points to 3.03%.
- Net loans rose $46.2 million to $947.4 million and deposits rose $52.8 million to $979.2 million from June 30, 2026.
- Net income included $47,000 of accretion income tied to the 2023 Regal Bancorp acquisition, down from $303,000 a year earlier.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.