Stock Analysis

SR Bancorp Reports Third Quarter 2024 Earnings

NasdaqCM:SRBK
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SR Bancorp (NASDAQ:SRBK) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$8.93m (up 142% from 3Q 2023).
  • Net income: US$1.06m (up 309% from 3Q 2023).
  • Profit margin: 12% (up from 7.0% in 3Q 2023).
  • EPS: US$0.12.
earnings-and-revenue-history
NasdaqCM:SRBK Earnings and Revenue History May 3rd 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

SR Bancorp shares are down 2.3% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for SR Bancorp you should be aware of.

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About NasdaqCM:SRBK

SR Bancorp

Operates as the holding company for Somerset Regal Bank that provides customary retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Somerset, Middlesex, Hunterdon, and Essex counties in New Jersey.

Flawless balance sheet and slightly overvalued.