SR Bancorp Declares Quarterly Cash Dividend of $0.05 per Share

SR Bancorp Announces Cash Dividend

In a recent announcement, SR Bancorp, Inc. (NASDAQ: SRBK), the holding entity for Somerset Regal Bank, revealed its decision to distribute a quarterly cash dividend of $0.05 for each share. This dividend, set to be paid out on October 15, 2025, will benefit shareholders recorded as of September 30, 2025. This marks a strategic move by the board as they reaffirm their commitment to delivering shareholder value, especially in light of their solid financial position.

David Orbach, the Executive Chairman of SR Bancorp, expressed his satisfaction with the company's current financial performance, noting their ability to confidently issue dividends to stakeholders. “We are pleased to be in a strong financial position giving us the ability to pay a cash dividend,” Orbach stated, underscoring the company’s strong asset base and operational efficacy.

SR Bancorp serves as the parent organization for Somerset Regal Bank, a fully operational commercial banking institution situated in Bound Brook, New Jersey. The bank boasts a network of 14 branches across various counties, including Essex, Hunterdon, Middlesex, Morris, Somerset, and Union in New Jersey. As of June 30, 2025, Somerset Regal Bank reported significant financial metrics, with total assets amounting to $1.08 billion, net loans of $797.2 million, deposits of $846.0 million, and total equity of approximately $193.8 million. These figures spotlight the bank’s robust operational framework and its position within the regional banking landscape.

In addition to the rewarding dividend, SR Bancorp continuously evaluates its strategic objectives in a highly competitive market. The financial institution remains focused on expanding its market share and enhancing service offerings, fulfilling the diverse banking needs of its clientele. Its commitment to community engagement further emphasizes its role in strengthening local economies.

Looking ahead, the company remains vigilant about potential fluctuations in the economic climate that could impact operations. The management acknowledges the significance of adapting to changing interest rate environments along with competitive dynamics within the financial services sector.

The upcoming dividend is not merely a sign of SR Bancorp's current strength but also an indicator of solid governance and strategic financial planning. The Chairman’s remarks resonate with a larger vision of sustainability and long-term growth, asserting the institution's aim of generating consistent returns to its investors while fostering solid growth trajectories.

As a diversified financial services provider, SR Bancorp is committed to maintaining transparency with its stakeholders, ensuring all forward-looking statements are backed by rigorous analyses and realistic expectations. The company has expressed that while it is prepared for future challenges, it is equally excited about the potential opportunities that lie ahead in both local and wider markets.

For more information about Somerset Regal Bank or to stay updated on future announcements, stakeholders can access additional details through their official website, www.somersetregalbank.com. Their strategy remains focused on sustaining a healthy balance sheet and maximizing shareholder value over the long term, reflecting an unwavering dedication to innovation and customer satisfaction in the banking sector.