SR Bancorp (SRBK) Q4 Profit Returns

SR Bancorp (NASDAQ:SRBK), a New Jersey-based community banking company, released results for the fourth quarter of fiscal 2025 (ended June 30, 2025) on July 31, 2025. The company reported a return to profitability, posting GAAP net income of $823,000 ($0.10 per share). This compares to a GAAP net loss of $3.0 million ($0.34 per share) in the fourth quarter of fiscal 2024 (ended June 30, 2024). Revenue, which includes both net interest and noninterest income, reached $7.97 million, a 96.7% increase from the prior-year period. There were no formal analyst estimates for comparison in the quarter. Profitability rebounded largely due to the absence of last year’s merger-related costs and improved asset quality. However, net interest margin narrowed to 2.90% from 3.22%, reflecting rising funding costs and competitive pressures. Overall, the period showed improving fundamentals and successful merger integration, but it also highlighted continued margin pressure and increased competition for deposits.SR Bancorp operates as a community bank, providing a full suite of banking services to individuals and businesses across New Jersey. Its key products include a mix of deposit accounts, residential and commercial mortgages, multi-family loans, and business lending solutions. The company’s growth strategy centers around market expansion, particularly following its acquisition of Regal Bancorp. This move added significant reach and enhanced its commercial lending capabilities. Today, it serves customers from 14 branches spread across several counties in the state.In recent periods, the company’s main areas of focus have included integration of the Regal Bancorp operations, growth of its loan and deposit base, and maintaining strong asset quality. Success factors for the business depend on balancing loan growth with deposit stability, keeping credit losses low, and managing funding costs. The migration toward digital banking is a notable area of industry-wide attention, although the company has yet to report significant advances in this space.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool