SR Bancorp (SRBK)
Holding company for a New Jersey commercial bank serving local consumers, businesses and municipalities.
Financial Analysis: SR Bancorp (NASDAQ:SRBK) and Citizens & Northern (NASDAQ:CZNC)
SR Bancorp (NASDAQ: SRBK - Get Free Report) and Citizens and Northern (NASDAQ: CZNC - Get Free Report) are both small-cap finance companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, earnings, valuation, institutional ownership, profitability, risk and analyst recommendations. Volatility and Risk SR Bancorp has
SR Bancorp (SRBK) Q4 Profit Returns
SR Bancorp (SRBK) Q4 Profit Returns
SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS
BOUND BROOK, N.J., April 30, 2024 /PRNewswire/ -- SR BANCORP, INC.
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.