Filing Analysis
SR Bancorp, Inc. filed an 8-K to announce its financial results for the quarter and fiscal year ended June 30, 2026. The filing serves as a formal announcement of the earnings release issued on July 28, 2026.
📋 Key Facts
- Reporting period: Quarter and Year ended June 30, 2026.
- Filing date: July 28, 2026.
- The company is an emerging growth company as defined by the SEC.
- Earnings release included as Exhibit 99.1.
SR Bancorp, Inc. disclosed a data security incident involving its third-party service provider, Mercadien, P.C., which resulted in the unauthorized acquisition of certain Bank customer data. While core banking systems were not impacted, sensitive information including Social Security numbers and account numbers for some customers was accessed.
🚩 Red Flags
- Exposure of highly sensitive PII (Personally Identifiable Information) such as Social Security numbers and identification documents.
- Third-party vendor risk: The breach originated at an external service provider (Mercadien, P.C.).
- Potential for future legal, regulatory, or reputational costs despite current management's assessment of non-materiality.
📋 Key Facts
- Data breach occurred at third-party auditor Mercadien, P.C., not within SR Bancorp's internal systems.
- Compromised data includes names, Social Security numbers, account numbers, identification documents, and dates of birth for certain customers.
- The incident did not disrupt Bank operations, customer access to services, or core IT infrastructure.
- As of July 10, 2026, the Company does not expect a material impact on consolidated financial condition or results of operations.
SR Bancorp, Inc. announced a declaration of a cash quarterly dividend of $0.06 per share to be paid on July 15, 2026.
📋 Key Facts
- Dividend amount: $0.06 per share
- Record date: June 30, 2026
- Payment date: July 15, 2026
- Announcement date: June 18, 2026
SR Bancorp, Inc. announced the authorization of its third stock repurchase program to buy back up to 10% of its outstanding common stock (801,320 shares). The new program will commence upon the completion of the company's ongoing second stock repurchase program.
📋 Key Facts
- On May 21, 2026, the Company authorized its third stock repurchase program.
- The program allows for the repurchase of up to 10% of outstanding common stock, which equates to 801,320 shares.
- The program is scheduled to initiate immediately upon the completion of the Company's second stock repurchase program.
SR Bancorp, Inc. (SRBK) filed an 8-K on April 28, 2026, to report financial results for the quarter and nine months ended March 31, 2026. The results were disclosed via a press release attached as Exhibit 99.1.
📋 Key Facts
- Financial results reported for the period ended March 31, 2026
- SR Bancorp is the holding company for Somerset Regal Bank
- The filing was made under Item 2.02 (Results of Operations and Financial Condition)
- The company is classified as an emerging growth company
- Press release dated April 28, 2026, is included as Exhibit 99.1
SR Bancorp, Inc. entered into amended and restated employment agreements with three key executives: William Taylor, Christopher Pribula (CEO), and David Orbach. The agreements update executive titles and establish base salaries, bonus structures, and significant severance provisions, particularly in the event of a change in control.
🚩 Red Flags
- Generous 3x severance multiples for change-in-control scenarios (golden parachutes) which can increase acquisition costs.
- Automatic 'evergreen' renewal clauses for the CEO and Mr. Orbach, which can make it more difficult to terminate without triggering severance.
📋 Key Facts
- Christopher Pribula (President and CEO) base salary set at $490,000 with a 23% target bonus and a three-year auto-renewing term.
- David Orbach base salary set at $410,000 with a 20% target bonus and a three-year auto-renewing term.
- William Taylor base salary set at $260,000 with a 25% target bonus and a one-year term.
- Severance for termination without cause or for 'good reason' is the greater of remaining contract value or 2x the sum of base salary and average bonus.
- Change in control (CIC) severance is 3x the sum of base salary and average bonus, plus 36 months of health care premiums.
- All three executives receive a $750 monthly automobile allowance.
SR Bancorp, Inc. announced a quarterly cash dividend of $0.05 per share on March 19, 2026. The dividend is scheduled for payment on April 15, 2026, to shareholders of record as of March 31, 2026.
📋 Key Facts
- Declared a cash quarterly dividend of $0.05 per share.
- Record date for the dividend is March 31, 2026.
- Payment date for the dividend is April 15, 2026.
- The announcement was made via a press release on March 19, 2026.
SR Bancorp, Inc. filed an 8-K to announce the release of its financial results for the quarter ended December 31, 2025. The filing serves as a formal notification that earnings data is available via press release.
📋 Key Facts
- Reporting date: January 28, 2026
- Period covered: Quarter ended December 31, 2025
- The company is the holding company for Somerset Regal Bank
- Financial results were released via press release (Exhibit 99.1)
SR Bancorp, Inc. announced a cash quarterly dividend of $0.05 per share. The dividend is scheduled to be paid on January 15, 2026, to shareholders of record as of December 31, 2025.
📋 Key Facts
- Dividend Amount: $0.05 per share (cash).
- Record Date: December 31, 2025.
- Payment Date: January 15, 2026.
SR Bancorp, Inc. announced the retirement of CEO William P. Taylor effective January 1, 2026. He will transition to Executive Chairman, while Christopher J. Pribula is named as his successor.
🚩 Red Flags
- None identified; retirement is characterized as non-dispute related.
📋 Key Facts
- William P. Taylor to retire as CEO of SR Bancorp and Somerset Regal Bank on January 1, 2026.
- Christopher J. Pribula (current President/COO) appointed as incoming President and CEO effective January 1, 2026.
- Neil Viotto promoted to Executive Vice President and COO effective January 1, 2026.
- The company stated the departure is not due to any disagreement regarding operations, policies, or practices.
- Taylor will remain as a director of the Company and Executive Chairman of the Bank.
SR Bancorp, Inc. reported the results of its Annual Meeting of Stockholders held on November 19, 2025. The meeting included the election of several directors and the ratification of Baker Tilly US, LLP as the independent auditor.
📋 Key Facts
- Annual Meeting of Stockholders held on November 19, 2025.
- Robert Mustard elected to the Board for a one-year term (4,596,661 votes 'For').
- Marc Lebovitz, Douglas M. Sonier, and William P. Taylor elected to the Board for three-year terms.
- Baker Tilly US, LLP was ratified as the independent registered public accounting firm for the fiscal year ending June 30, 2026 (6,975,091 votes 'For').
- Company furnished presentation materials from the annual meeting via Exhibit 99.1.
SR Bancorp, Inc. filed an 8-K to announce the release of its financial results for the quarter ended September 30, 2025.
📋 Key Facts
- Report date: October 30, 2025
- Reporting period: Quarter ended September 30, 2025
- The filing includes an earnings release as Exhibit 99.1
- Company is the holding company for Somerset Regal Bank
SR Bancorp, Inc. announced the declaration of a quarterly cash dividend of $0.05 per share. The dividend is scheduled to be paid on October 15, 2025, to shareholders of record as of September 30, 2025.
📋 Key Facts
- Dividend amount: $0.05 per share (cash).
- Record date: September 30, 2025.
- Payment date: October 15, 2025.
SR Bancorp, Inc. issued an amended 8-K to restate its financial results for the quarter and year ended June 30, 2025. This filing corrects a previously issued press release from July 31, 2025.
🚩 Red Flags
- Restatement of previously issued financial results (Item 2.02).
- Correction of prior reporting suggests potential errors in internal controls or accounting processes.
📋 Key Facts
- The company is issuing an amendment (8-K/A) to its previous earnings announcement.
- The restatement concerns financial results for the quarter and year ended June 30, 2025.
- The original press release was issued on July 31, 2025.
- The corrected earnings release is attached as Exhibit 99.1.
SR Bancorp, Inc. filed an 8-K to announce the release of its financial results for the quarter and fiscal year ended June 30, 2025.
📋 Key Facts
- Reported date: July 31, 2025
- Reporting period: Quarter and Year ended June 30, 2025
- The filing includes an earnings release as Exhibit 99.1
- Company is the holding company for Somerset Regal Bank
SR Bancorp, Inc. announced the authorization of a new stock repurchase program on July 8, 2025. The program allows for the buyback of up to 10% of the company's outstanding common stock.
📋 Key Facts
- Authorization of a stock repurchase program on July 8, 2025.
- Repurchase limit is set at 10% of the Company’s outstanding shares.
- Total number of shares eligible for repurchase: 886,137 shares.
SR Bancorp, Inc. announced the declaration of a cash quarterly dividend of $0.05 per share. The dividend is scheduled to be paid on July 15, 2025, to shareholders of record as of June 30, 2025.
📋 Key Facts
- Dividend amount: $0.05 per share (cash).
- Record date: June 30, 2025.
- Payment date: July 15, 2025.
- Board of Directors declaration date: June 18, 2025.
SR Bancorp, Inc. filed an 8-K to announce the release of its financial results for the three and nine months ended March 31, 2025.
📋 Key Facts
- Reporting period: Three and nine months ended March 31, 2025.
- Date of report: April 30, 2025.
- The filing includes an earnings release as Exhibit 99.1.
SR Bancorp, Inc. announced the declaration of its initial cash quarterly dividend of $0.05 per share. The dividend is scheduled to be paid on April 15, 2025, to shareholders of record as of March 31, 2025.
📋 Key Facts
- Declared an initial cash quarterly dividend of $0.05 per share.
- Record date for the dividend is March 31, 2025.
- Payment date is set for April 15, 2025.
SR Bancorp, Inc. issued an 8-K to announce its financial results for the three and six months ended December 31, 2024. The filing serves as a formal announcement of the earnings release via press release.
📋 Key Facts
- Reporting period: Three and six months ended December 31, 2024.
- Report date: January 31, 2025.
- The filing includes an earnings release as Exhibit 99.1.
SR Bancorp, Inc. reported the results of its Annual Meeting of Stockholders held on November 20, 2024. The meeting included the election of three directors and the approval of a new 2024 Equity Incentive Plan.
📋 Key Facts
- Annual Meeting of Stockholders held on November 20, 2024.
- Mary E. Davey, Thomas Lupo, and John W. Mooney were elected to the Board of Directors for three-year terms.
- The SR Bancorp, Inc. 2024 Equity Incentive Plan was approved by stockholders (4,581,684 votes in favor).
- Stockholders ratified the appointment of Baker Tilly US, LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2025.
SR Bancorp, Inc. is furnishing presentation materials used during its 2024 Annual Meeting of Stockholders via Exhibit 99.1.
📋 Key Facts
- The filing was submitted on November 20, 2024.
- The purpose of the filing is to provide slides from the 2024 Annual Meeting of Stockholders under Item 7.01 (Regulation FD Disclosure).
- The company explicitly states that it is not undertaking to update this presentation.
SR Bancorp, Inc. filed an 8-K to announce the release of its financial results for the quarter ended September 30, 2024.
📋 Key Facts
- Report date: October 30, 2024
- Reporting period: Quarter ended September 30, 2024
- The filing includes an earnings release as Exhibit 99.1
- Company is the holding company for Somerset Regal Bank
SR Bancorp, Inc. has adopted its initial stock repurchase program since becoming a public company. The program allows for the repurchase of up to 950,793 shares, representing approximately 10% of current outstanding shares.
📋 Key Facts
- Board of Directors adopted an initial stock repurchase program on September 19, 2024.
- Maximum repurchase amount: 950,793 shares (approx. 10% of outstanding shares).
- The company has received regulatory non-objection for the program.
- Repurchases may occur via open market, private transactions, or block trades.
- The program has no expiration date but can be suspended or modified at any time.
SR Bancorp, Inc. filed an 8-K to announce its quarterly and annual financial results for the period ended June 30, 2024. The filing serves as a formal notification that a press release containing these earnings has been issued.
📋 Key Facts
- Reporting date of earliest event: July 30, 2024
- Financial results reported for the quarter and year ended June 30, 2024
- The company is an emerging growth company
- Earnings release issued via Exhibit 99.1 on July 30, 2024
SR Bancorp, Inc. issued a press release regarding balance sheet repositioning within its investment securities portfolio as of May 23, 2024.
🚩 Red Flags
- Balance sheet repositioning often implies shifts in interest rate risk management or liquidity adjustments, which can be precursors to realizing losses on held-to-maturity (HTM) securities if not managed carefully.
📋 Key Facts
- The company reported a 'balance sheet repositioning' related to its investment securities portfolio.
- The event occurred on May 23, 2024.
- The filing is an announcement of a press release (Exhibit 99.1) rather than detailed financial statements in the 8-K itself.
SR Bancorp, Inc. filed an 8-K to announce its quarterly financial results for the period ending March 31, 2024. The filing serves as a formal notification that an earnings press release has been issued.
📋 Key Facts
- Reporting date of earliest event: April 30, 2024
- Financial results released for the quarter ended March 31, 2024
- The filing includes Exhibit 99.1 containing the earnings release
- Company is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
SR Bancorp, Inc. announced the formal adoption of a Supplemental Executive Retirement Plan (SERP) for its wholly owned subsidiary, Somerset Regal Bank. The plan is designed to provide supplemental retirement benefits to three specific executives to compensate for lost benefits from a previously frozen pension plan.
🚩 Red Flags
- Related-party compensation structure involving specific named executives (Taylor, Pribula, Orbach).
📋 Key Facts
- The SERP was formally adopted on April 25, 2024.
- Designated participants include William P. Taylor, Christopher J. Pribula, and David M. Orbach.
- Benefits are credited annually at the end of each plan year (April 30).
- Participants are 100% vested in their accounts immediately.
- Upon separation from service, benefits are paid in approximately equal installments over a twenty-year period.
- Forfeiture clause: Benefits are forfeited if an employee is terminated for cause.
SR Bancorp, Inc. filed an 8-K to announce its financial results for the quarter ended December 31, 2023. The filing serves as a formal notification of the earnings release issued on January 31, 2024.
📋 Key Facts
- Reporting period: Quarter ended December 31, 2023.
- Report date: January 31, 2024.
- The filing includes an earnings release as Exhibit 99.1.