SR Bancorp (NASDAQ: SRBK) lifts quarterly dividend by 20%
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
SR Bancorp, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share, up $0.01 or 20%. The dividend will be paid on July 15, 2026 to stockholders of record on June 30, 2026.
The company, parent of Somerset Regal Bank, highlights that earnings and a strong financial position support the higher payout. As of March 31, 2026, Somerset Regal Bank reported $1.14 billion in total assets, $859.1 million in net loans, $897.6 million in deposits and $181.3 million in total equity.
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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.
Key Figures
Quarterly dividend: $0.06 per share
Dividend increase: $0.01 per share (20%)
Payment date: July 15, 2026
+5 more
8 metrics
Quarterly dividend
$0.06 per share
Declared by Board; payable July 15, 2026
Dividend increase
$0.01 per share (20%)
Increase over prior quarterly dividend
Payment date
July 15, 2026
Dividend payment date for $0.06 per share
Record date
June 30, 2026
Shareholders of record eligible for dividend
Total assets
$1.14 billion
Somerset Regal Bank as of March 31, 2026
Net loans
$859.1 million
Somerset Regal Bank as of March 31, 2026
Deposits
$897.6 million
Somerset Regal Bank as of March 31, 2026
Total equity
$181.3 million
Somerset Regal Bank as of March 31, 2026
Key Terms
quarterly cash dividend, forward-looking statements, Private Securities Litigation Reform Act of 1995, allowance for credit losses, +1 more
5 terms
quarterly cash dividend financial
"declared the payment of a quarterly cash dividend of $0.06 per share"
A quarterly cash dividend is a payment made by a company to its shareholders four times a year, usually based on its profits. It is like a regular bonus or reward for owning the company's stock, providing shareholders with income. Many investors see these payments as a sign of the company's stability and its ability to generate consistent profits.
forward-looking statements regulatory
"Certain statements contained herein are forward-looking statements within the meaning"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995"
allowance for credit losses financial
"changes in our methodology that may impact our allowance for credit losses calculation"
Allowance for credit losses is a reserve set aside by a financial institution to cover potential losses from borrowers who may not repay their loans. It acts like a safety net, helping the institution prepare for loans that might turn sour. For investors, it signals how cautious the institution is about the quality of its loans and potential risks to its financial health.
uninsured deposits financial
"the percentage of uninsured deposits in the portfolio"
Uninsured deposits are customer funds held at a bank that exceed the amount protected by a government-backed deposit insurance program, meaning they would not be automatically reimbursed if the bank fails. For investors, the level of uninsured deposits signals how vulnerable a bank is to sudden withdrawals and depositor losses—high uninsured exposure can increase liquidity risk, contagion concerns, and potential losses for creditors and equity holders.
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): June 18, 2026
(Exact Name of Registrant as Specified in Charter)
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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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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
On June 18, 2026, the Board of Directors of SR Bancorp, Inc. announced that it had declared a cash quarterly dividend of $0.06 per share.
The dividend will be paid on July 15, 2026 to stockholders of record as of June 30, 2026.
Item 9.01 Financial Statements and Exhibits
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Financial Statements of Businesses Acquired. Not applicable.
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Exhibits.
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Exhibit No. Description
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Press Release, dated June 18, 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: June 18, 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 20% INCREASE IN QUARTERLY DIVIDED
BOUND BROOK, NEW JERSEY, June 18, 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 of $0.06 per share, an increase of $0.01 per share, or 20%, payable on July 15, 2026
to stockholders of record as of June 30, 2026.
Christopher J. Pribula, President and Chief Executive Officer of SR Bancorp, Inc said: “Consistent with our commitment to enhancing
shareholder value, we are pleased our earnings and strong financial position allows the 20% increase in our 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 March 31, 2026, Somerset Regal Bank had $1.14 billion in total assets, $859.1 million in net loans, $897.6 million in deposits and total equity
of $181.3 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) just declare?
SR Bancorp declared a quarterly cash dividend of $0.06 per share. This represents an increase of $0.01 per share, or 20%, reflecting management’s view that current earnings and the company’s financial position support a higher regular payout.
When will SR Bancorp (SRBK) pay the new dividend?
SR Bancorp will pay the $0.06 per share quarterly dividend on July 15, 2026. Shareholders must be on record as of June 30, 2026 to receive this payment under the schedule set by the Board of Directors.
What is the record date for SR Bancorp’s June 2026 dividend?
The record date for SR Bancorp’s $0.06 per share quarterly dividend is June 30, 2026. Investors listed as stockholders of record at the close of that day will be eligible to receive the dividend on July 15, 2026.
How large is SR Bancorp’s banking subsidiary Somerset Regal Bank?
Somerset Regal Bank reported $1.14 billion in total assets as of March 31, 2026. It also had $859.1 million in net loans, $897.6 million in deposits and $181.3 million in total equity, showing the scale of the bank’s balance sheet.
By how much did SR Bancorp (SRBK) increase its dividend?
SR Bancorp increased its quarterly dividend by $0.01 per share, from $0.05 to $0.06. This change equals a 20% increase, as highlighted by the company in its announcement and accompanying comments from the Chief Executive Officer.
What did SR Bancorp’s CEO say about the higher dividend?
CEO Christopher J. Pribula said the 20% dividend increase aligns with a commitment to enhancing shareholder value. He noted that current earnings and the company’s strong financial position support paying the higher $0.06 per share quarterly dividend.