SR Bancorp (SRBK) Q4 2025 earnings summary

Executive summary

• Net income for the quarter was $834,000 ($0.11 per share), down 18.3% year-over-year; adjusted net income was $689,000, up from $452,000 after excluding acquisition-related accretion income.

• Net income for the six months was $1.5 million ($0.20 per share), down 36.1% year-over-year; adjusted net income was $1.2 million, up from $1.1 million.

Financial highlights

• Total assets grew 5.4% to $1.14 billion at December 31, 2025, from $1.08 billion at June 30, 2025.

• Net loans increased 4.8% to $835.4 million; deposits rose 5.4% to $891.5 million.

• Net interest income for the quarter rose 7.6% to $7.8 million; for six months, up 3.7% to $15.4 million.

• Noninterest income for the quarter fell 7.3% to $581,000; noninterest expense rose 11.2% to $7.2 million.

• Efficiency ratio increased to 86.4% for the quarter from 82.8% a year ago.

Outlook and guidance

• Management notes forward-looking statements are subject to risks including economic conditions, interest rates, and competitive pressures.