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The latest announcement is out from SR Bancorp, Inc. ( (SRBK) ).
On May 21, 2026, SR Bancorp, Inc., the Nasdaq-listed holding company for Somerset Regal Bank, authorized its third stock repurchase program since its mutual-to-stock conversion in September 2023. The new program permits the repurchase of up to 10% of the company’s outstanding common shares, or 801,320 shares, to begin once its current second repurchase program, which has 22,176 shares remaining, is completed.
Repurchases may be executed in the open market, through private or block transactions, or under a Rule 10b5-1 trading plan, and will follow Rule 10b-18 and other applicable regulations. The timing and volume of buybacks will depend on stock availability, market and trading conditions, alternative capital uses and the company’s financial performance, signaling continued capital management efforts that could support per-share metrics and shareholder value.
Spark’s Take on SRBK Stock
According to Spark, TipRanks’ AI Analyst, SRBK is a Neutral.
SRBK scores moderately on the strength of improving financial performance (sharp TTM revenue growth, return to profitability, and solid cash conversion), but this is tempered by uneven historical results, modest ROE, and rising leverage. Technicals are mixed with near-term softness despite longer-term support, while valuation is a clear headwind due to a high P/E and only modest dividend yield.
To see Spark’s full report on SRBK stock, click here.
More 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. The bank operates 14 branches across Essex, Hunterdon, Middlesex, Morris, Somerset and Union counties, focusing on traditional deposit and lending services, and reported $1.14 billion in assets as of March 31, 2026.
Somerset Regal Bank held $859.1 million in net loans, $897.6 million in deposits and total equity of $181.3 million at the end of the first quarter of 2026. The institution’s balance sheet underscores its role as a regional player in the New Jersey banking market, serving both retail and commercial customers in its footprint.
Average Trading Volume: 42,469
Technical Sentiment Signal: Buy
Current Market Cap: $133.1M
See more insights into SRBK stock on TipRanks’ Stock Analysis page.