earnings
confidence high
sentiment positive
materiality 0.75
SR Bancorp corrects Q4 net income to $2.2M ($0.28/sh) on $1.5M life insurance gain
SR Bancorp, Inc.
- Corrected Q4 FY2025 net income $2.2M ($0.28 basic EPS) vs. originally reported $823K ($0.10).
- Corrected FY2025 net income $5.1M ($0.61 EPS) vs. originally reported $3.7M ($0.44).
- Correction adds $1.5M life insurance proceeds and $157K provision for credit loss revision.
- Q4 net interest income $7.5M (-6.1% YoY); net interest margin fell 32 bps to 2.90%.
- Total assets $1.08B (+6.2%), loans $797.2M (+8.9%); repurchased 937K shares for $11.3M in FY25.
item 2.02item 9.01