SR Bancorp (NASDAQ: SRBK) sets $0.05 quarterly cash dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
SR Bancorp, Inc., the holding company for Somerset Regal Bank, announced that its board has declared a quarterly cash dividend of $0.05 per share. The dividend will be paid on April 15, 2026 to stockholders of record as of March 31, 2026.
Management stated the company is in a strong financial position to support this payout. As of December 31, 2025, Somerset Regal Bank reported $1.14 billion in total assets, $835.4 million in net loans, $891.5 million in deposits and total equity of $188.5 million.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 19, 2026
(Exact Name of Registrant as Specified in Charter)
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(State or Other Jurisdiction
of Incorporation)
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(Commission File No.)
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(I.R.S. Employer
Identification No.) |
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (732 ) 560-1700
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading
Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or
Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has
elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01 |
Other Events
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On March 19, 2026, the Board of Directors of SR Bancorp, Inc. announced that it had declared a cash quarterly dividend of $0.05 per share.
The dividend will be paid on April 15, 2026 to stockholders of record as of March 31, 2026.
Item 9.01 Financial Statements and Exhibits
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(a)
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Financial Statements of Businesses Acquired. Not applicable.
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(b)
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Pro Forma Financial Information. Not applicable.
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(c)
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Shell Company Transactions. Not applicable.
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(d)
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Exhibits.
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Exhibit No. Description
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Press Release, dated March 19, 2026
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Cover Page Interactive Data File (embedded in the cover page formatted in Inline XBRL)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
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SR Bancorp, Inc.
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DATE: March 19, 2026
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By:
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/s/ Christopher J. Pribula
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Christopher J. Pribula
Chief Executive Officer
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EXHIBIT 99.1
FOR IMMEDIATE RELEASE
Contact:
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Christopher J. Pribula
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David Orbach
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President and Chief Executive Officer
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Executive Chairman
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SR Bancorp, Inc.
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SR Bancorp, Inc.
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(732) 560-1700, ext. 5205
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(973) 716-0600, ext. 1601
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SR BANCORP, INC.
ANNOUNCES PAYMENT OF QUARTERLY CASH DIVIDEND
OF $0.05 PER SHARE
OF $0.05 PER SHARE
BOUND BROOK, NEW JERSEY, March 19, 2026 – SR Bancorp, Inc. (NASDAQ: SRBK), the holding company for Somerset Regal Bank, announced that its Board of Directors has declared the payment of a quarterly cash dividend. The dividend of $0.05 per share will be paid on April 15, 2026 to stockholders of
record as of March 31, 2026.
David Orbach, Executive Chairman of SR Bancorp, Inc said: “We are pleased to be in a strong financial position giving us the ability to
pay a cash dividend.”
About SR Bancorp, Inc.
SR Bancorp, Inc. is the holding company for Somerset Regal Bank, a
full-service New Jersey commercial bank headquartered in Bound Brook, New Jersey that operates 14 branches in Essex, Hunterdon, Middlesex, Morris, Somerset and Union Counties, New Jersey. At December 31, 2025, Somerset Regal Bank had $1.14 billion
in total assets, $835.4 million in net loans, $891.5 million in deposits and total equity of $188.5 million. Additional information about Somerset Regal Bank is available on its website, www.somersetregalbank.com.
Forward Looking Statements
Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements, which are based on certain
current assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of the words “may,” “will,” “should,” “could,” “would,” “plan,” “potential,” “estimate,” “project,” “believe,” “intend,”
“anticipate,” “expect,” “target” and similar expressions. Forward-looking statements are based on current beliefs and expectations of management and are inherently subject to significant business, economic and competitive uncertainties and
contingencies, many of which are beyond our control. Certain
factors that could cause actual results to differ materially from expected results include increased competitive pressures, changes in the interest rate
environment, inflation, general economic conditions or conditions within the securities markets, our ability to successfully integrate acquired operations and realize the expected level of synergies and cost savings, real estate market values in the
Bank’s lending area changes in the quality of our loan and security portfolios, increases in non-performing and classified loans, economic assumptions or changes in our methodology that may impact our allowance for credit losses calculation, changes
in liquidity, including the size and composition of our deposit portfolio and the percentage of uninsured deposits in the portfolio, the availability of low-cost funding, monetary and fiscal policies of the U.S. Government including policies of the
U.S. Treasury and the Board of Governors of the Federal Reserve System, a failure in or breach of the Company’s operational or security systems or infrastructure, including cyber attacks, the failure to maintain current technologies, failure to
retain or attract employees and legislative, accounting and regulatory changes that could adversely affect the business in which the Company and the Bank are engaged. Our actual future results may be materially different from the results indicated by
these forward-looking statements. Except as required by applicable law or regulation, we do not undertake, and we specifically disclaim any obligation, to release publicly the results of any revisions that may be made to any forward-looking
statement.
FAQ
What dividend did SR Bancorp (SRBK) declare in this 8-K filing?
SR Bancorp declared a quarterly cash dividend of $0.05 per share. The board approved this regular payout as part of its capital return to shareholders, reflecting management’s view that the company’s current financial position supports ongoing cash distributions.
When is the record date and payment date for SRBK’s $0.05 dividend?
The record date for SR Bancorp’s dividend is March 31, 2026, and the payment date is April 15, 2026. Shareholders on the books at the record date will receive the $0.05 per share cash dividend on the stated payment date.
How large is SR Bancorp’s banking subsidiary as of December 31, 2025?
As of December 31, 2025, Somerset Regal Bank had $1.14 billion in total assets. It reported $835.4 million in net loans, $891.5 million in deposits, and total equity of $188.5 million, highlighting its position as a regional New Jersey commercial bank.
What does SR Bancorp’s management say about its ability to pay dividends?
Executive Chairman David Orbach stated the company is in a strong financial position that gives it the ability to pay a cash dividend. This comment underscores management’s confidence in SR Bancorp’s current balance sheet and earnings capacity to support shareholder distributions.
What business does SR Bancorp (SRBK) operate through Somerset Regal Bank?
SR Bancorp operates as the holding company for Somerset Regal Bank, a full-service New Jersey commercial bank. The bank is headquartered in Bound Brook and runs 14 branches across Essex, Hunterdon, Middlesex, Morris, Somerset and Union counties in New Jersey.
On which exchange is SR Bancorp stock traded and under what symbol?
SR Bancorp’s common stock is listed on The NASDAQ Stock Market LLC under the trading symbol SRBK. This listing provides public market liquidity for investors interested in the holding company for Somerset Regal Bank’s New Jersey banking operations.