SR BANCORP, INC. ANNOUNCES QUARTERLY FINANCIAL RESULTS

BOUND BROOK, N.J., Jan. 31, 2025 /PRNewswire/ -- SR Bancorp, Inc. (the "Company") (NASDAQ: SRBK), the holding company for Somerset Regal Bank (the "Bank"), announced net income of $1.0 million for the three months ended December 31, 2024, or$0.12 per basic and diluted share, compared to net income of $1.6 million for the three months ended December 31, 2023. Excluding$791,000 of net accretion income related to fair value adjustments related to the acquisition of Regal Bancorp and its wholly-owned subsidia ...