SR Bancorp, Inc. reported net income of $1.1 million for the three months ended September 30, 2026, a 54.1% increase from $693,000 in the prior-year period, or $0.15 per diluted share compared to $0.09. Total assets grew 2.0% to $1.22 billion, driven by a $46.2 million increase in net loans to $947.4 million and a $52.8 million rise in deposits to $979.2 million. Net interest income increased 9.3% to $8.3 million, while noninterest expense rose 2.9% to $7.3 million due to higher salaries and benefits. The company also repurchased approximately 17,000 shares for $328,000 during the quarter. SR Bancorp is a bank holding company that operates Somerset Regal Bank, a full-service commercial bank in New Jersey.
