earnings
confidence high
sentiment negative
materiality 0.70
SR Bancorp posts Q1 fiscal 2026 net income of $693K, down 49% YoY; EPS $0.09
SR Bancorp, Inc.
2026-Q1 EPS reported
$0.09
- Net income $693K ($0.09 diluted EPS) vs $1.4M in prior-year quarter; adjusted net income $475K excluding $303K acquisition accretion.
- Total loans grew 3.7% to $826.4M led by residential mortgage ($12.5M) and commercial ($16.0M); deposits up 2.8% to $869.6M.
- Net interest margin compressed 16 bps to 3.05%; provision for credit losses of $171K vs recovery of $154K a year ago.
- Noninterest income fell 29.5% to $565K; noninterest expense rose 4% to $7.1M due to stock-based compensation.
- Company repurchased 198,310 shares for $2.9M during the quarter; no non-performing loans at Sep 30, 2025.