SR Bancorp Raises Quarterly Dividend 20% to $0.06 per Share
SRBK•SR Bancorp’s Board declared a quarterly cash dividend of $0.06 per share, a 20% increase of $0.01, payable July 15, 2026, to shareholders of record June 30. At March 31, 2026, the bank reported $1.14 billion in assets, $859.1 million in net loans and $181.3 million in equity.
1. Dividend Increase Details
SR Bancorp’s Board of Directors approved a quarterly cash dividend of $0.06 per share, representing a 20% increase from the previous $0.05 level. The dividend is payable on July 15, 2026, to shareholders of record as of June 30, 2026.
2. Financial Position Overview
As of March 31, 2026, SR Bancorp reported total assets of $1.14 billion, net loans of $859.1 million and deposits of $897.6 million, supporting total equity of $181.3 million. These figures reflect the bank’s stable balance sheet and capital base across its 14-branch network in New Jersey.
3. Management Commentary
President and CEO Christopher J. Pribula cited strong earnings and a solid financial position as key drivers enabling the dividend increase. This move underscores the company’s commitment to enhancing shareholder value and its confidence in future performance.
