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Christopher J. Pribula, President and Chief Operating Officer of SR Bancorp , Inc. (NASDAQ:SRBK), recently purchased 1,000 shares of the company’s common stock. The transaction, completed on June 5, 2025, amounted to a total value of $12,393, with each share priced at $12.3938. The stock, currently trading at $13, has shown strong momentum with a 38% return over the past year. According to InvestingPro analysis, the stock’s RSI indicates oversold territory, potentially presenting a buying opportunity.
Following this acquisition, Pribula’s direct ownership in SR Bancorp increased to 48,933 shares. Additionally, Pribula holds indirect ownership stakes through various accounts, including 20,661 shares in a 401(k), 1,000 shares by a spouse, 250 shares each by a son and daughter, and 3,018 shares by an Employee Stock Ownership Plan (ESOP). The company, with a market capitalization of $115 million, currently offers a dividend yield of 1.62%. InvestingPro subscribers can access additional insights and metrics about SR Bancorp’s financial health and valuation.
Pribula also maintains 99,833 stock options, which are set to vest at a rate of 20% per year starting January 29, 2026. The company’s next earnings report is scheduled for July 31, 2025, which could provide further insights into its financial performance.
In other recent news, SR Bancorp, Inc., the parent company of Somerset Regal Bank, has declared its first quarterly cash dividend since its inception. The dividend is set at $0.05 per share and will be distributed on April 15, 2025, to shareholders of record as of March 31, 2025. This move indicates the company’s financial health and its capability to generate sufficient cash flow for shareholder returns. William P. Taylor, the CEO of SR Bancorp, expressed satisfaction with the company’s strong financial position, which has enabled this dividend payout. As of December 31, 2024, Somerset Regal Bank reported total assets of $1.06 billion, net loans of $775.8 million, deposits totaling $824.1 million, and total equity of $198.1 million. SR Bancorp also provided cautionary statements regarding forward-looking information, highlighting risks and uncertainties that could impact future results. These factors include economic conditions, competitive pressures, changes in interest rates, and legislative or regulatory changes. The company has disclaimed any obligation to update forward-looking statements to reflect future events or circumstances.
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