Added to YB: 2025-08-14
Pitch date: 2025-08-13
SRBK [bullish]
SR Bancorp, Inc.
Author Info
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Company Info
SR Bancorp, Inc. operates as the holding company for Somerset Regal Bank that provides retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Essex, Hunterdon, Middlesex, Morris, Somerset, and Union counties in New Jersey.
Market Cap
$124.3M
Pitch Price
N/A
Price Target
N/A
Dividend
1.43%
Sector
Banks
Category
value
SR Bancorp, Inc. - $SRBK
SRBK: NJ bank at 0.78x TBV ($14.54 vs $18.67), post-merger/conversion +$89.6M to balance sheet. Clean loan book (0.075% delinquent), 15.86% Tier 1 capital, diversified portfolio (53.7% residential, 44.7% commercial). 2.93% NIM but high 85.32% efficiency ratio. 2 share buybacks (10% each). Acquisition potential after Sep 2026 moratorium at 1-1.2x TBV.
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