SR Bancorp declares $0.06 quarterly dividend, a 20% increase
SR Bancorp, Inc. serves as the parent organization for its subsidiary, Somerset Savings Bank, SLA, a financial institution dedicated to providing commercial banking services. This bank offers a comprehensive selection of deposit accounts and credit solutions, designed to meet the needs of both individual consumers and local small enterprises. Its operations extend through a network of branches situated across Hunterdon, Middlesex, and Somerset Counties in New Jersey. The company was founded in 1887 and its primary headquarters are located in Bound Brook, New Jersey.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Revenue | $50.05M | $38.37M | $17.38M | $14.78M | $14.39M |
| Cost of Revenue | $16.87M | $15.56M | $2.43M | $1.53M | $2.42M |
| Gross Profit | $33.18M | $22.81M | $14.96M | $13.25M | $11.98M |
| Gross Margin | 66.30% | 59.45% | 86.03% | 89.62% | 83.22% |
| Operating Expenses | $27.05M | $34.58M | $13.15M | $11.01M | $10.58M |
| Operating Income | $6.13M | $-11.77M | $1.80M | $2.23M | $1.40M |
| Operating Margin | 12.24% | -30.67% | 10.37% | 15.11% | 9.69% |
| Net Income | $5.14M | $-10.86M | $1.55M | $1.87M | $1.25M |
| Net Margin | 10.26% | -28.30% | 8.93% | 12.66% | 8.69% |
| EPS (Basic) | $0.61 | $-1.59 | $0.16 | $0.20 | $0.13 |
| EBITDA | N/A | N/A | N/A | N/A | N/A |
| Stock Option Compensation Expense | N/A | N/A | N/A | N/A | N/A |
| Price To Earnings Ratio | N/A | N/A | N/A | N/A | N/A |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | N/A | N/A | N/A | N/A | N/A |