SR Bancorp FY26 net income falls 33.33% to $3.4 million
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- SR Bancorp posted net income of $3.4 million, down 35.29% for fiscal 2026 versus fiscal 2025.
- Net interest income rose 5.6% to $31.2 million, while net interest margin widened 11 basis points to 3.04%.
- Provision for credit losses climbed to $575,000 from $133,000, while allowance for credit losses eased to 0.65% of loans.
- Noninterest income fell 40.7% to $2.2 million, primarily as fiscal 2025 included $1.49 million of life insurance proceeds.
- Total assets increased 9.7% to $1.19 billion and deposits grew 9.5% to $926.4 million, while equity declined 6.2% to $181.8 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SR Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-031222), on September 25, 2026, and is solely responsible for the information contained therein.
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