SR Bancorp, Inc. (SRBK) AI Stock Analysis

• Market Cap: $103.35M
• Dividend Yield: 0.41%
• Average Volume (3M): 18.30K
• Price to Earnings (P/E): 160.2
• Beta (1Y): 0.44
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 116
• Sector: Financial
• Sector Strength: 79
• Industry: Banks - Regional
• EPS (TTM): 0.08
• Shares Outstanding: 9,239,130
• 10 Day Avg. Volume: 24,504
• 30 Day Avg. Volume: 18,305
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.74
• Price to Cash Flow (P/CF): -19.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

SR Bancorp, Inc. presents strong operational efficiency and revenue growth, but struggles with profitability, as seen in its low net profit margin and high P/E ratio. The technical indicators suggest a neutral to slightly positive short-term outlook, though valuation concerns weigh heavily on the overall score.

SR Bancorp, Inc. Business Overview & Revenue Model

Company Description

SR Bancorp, Inc. (SRBK) is a financial holding company that operates in the banking and financial services sectors. The company primarily provides a range of banking products and services to individual and business customers. Its offerings include personal and business checking and savings accounts, mortgage and personal loans, and other financial services aimed at meeting the diverse needs of its clientele.

How the Company Makes Money

SR Bancorp, Inc. generates revenue primarily through interest income from loans and investment securities. The company collects interest from customers who borrow funds through various loan products, including mortgages, personal loans, and business loans. Additionally, SR Bancorp earns money through service fees associated with account maintenance, transaction processing, and other banking services. The company may also have partnerships with other financial institutions to offer additional products, such as insurance or investment services, which could contribute to its earnings.

SR Bancorp, Inc. Financial Statement Overview

Summary

SR Bancorp, Inc. demonstrates robust revenue growth and operational efficiency, evidenced by high EBIT margins. However, profitability at the net level remains a concern with low net profit margins and ROE. The balance sheet is strong with low leverage, and cash flow improvements are promising, though past volatility could be a risk. Overall, the company is financially sound but needs to address profitability challenges to enhance shareholder value.

Income Statement

The company shows a solid gross profit margin of 100% due to the nature of its business. The net profit margin for the TTM is notably low at 0.98%, indicating challenges in profitability. However, the revenue growth rate from previous periods is strong, particularly with a significant increase between 2023 and 2024, suggesting robust revenue expansion. The EBIT margin is an impressive 73%, highlighting operational efficiency, though the absence of EBITDA metrics limits further analysis.

Balance Sheet

SR Bancorp maintains a low debt-to-equity ratio of 0.011, indicating limited financial leverage which is a positive indicator of financial health. The return on equity (ROE) is low at 0.21%, pointing to inefficient use of equity to generate profits. The equity ratio stands at 18.6%, showing a reasonable level of equity financing. Overall, the balance sheet reflects financial stability, but there is room for improvement in profitability metrics.

Cash Flow

The free cash flow growth rate is positive at 69.2% from 2023 to TTM, showing improvement in cash generation. The operating cash flow to net income ratio is 13.38 for TTM, indicating strong cash generation relative to net income. The free cash flow to net income ratio is 11.49, which is healthy. However, fluctuations in operating cash flow in previous periods suggest potential volatility.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement		Total Revenue
42.68M	38.37M	14.96M	13.25M	11.98M
	Gross Profit
42.68M	38.37M	14.96M	13.25M	11.98M
	EBIT
31.17M	0.00	1.80M	2.23M	1.40M
	EBITDA
0.00	0.00	0.00	0.00	0.00
	Net Income Common Stockholders
419.00K	-10.86M	1.55M	1.87M	1.25M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.41M	45.91M	78.55M	83.22M	103.88M
	Total Assets
1.06B	1.02B	651.49M	648.63M	639.36M
	Total Debt
2.23M	2.40M	20.02M	0.00	0.00
	Net Debt
-2.18M	-43.51M	-22.43M	-35.34M	-56.75M
	Total Liabilities
866.36M	821.36M	20.02M	531.67M	0.00
	Stockholders Equity
198.15M	199.48M	122.08M	118.23M	121.94M
Cash Flow		Free Cash Flow
4.82M	-2.84M	1.80M	708.00K	2.15M
	Operating Cash Flow
5.60M	-1.74M	2.32M	1.03M	2.39M
	Investing Cash Flow
-27.79M	11.75M	2.70M	-34.90M	-71.95M
	Financing Cash Flow
-14.62M	-6.55M	2.09M	12.46M	28.65M

SR Bancorp, Inc. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.82
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SRBK, the sentiment is Neutral. The current price of 11.82 is above the 20-day moving average (MA) of 11.75, below the 50-day MA of 11.96, and above the 200-day MA of 10.99, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 53.32 is Neutral, neither overbought nor oversold. The STOCH value of 64.92 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SRBK.

SR Bancorp, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CNOB	74 Outperform	$868.03M	12.88	5.99%	3.38%	6.06%	-15.21%
OCFC	73 Outperform	$920.52M	9.54	5.95%	5.09%	7.54%	-2.82%
NBHC	68 Neutral	$1.36B	11.55	9.41%	3.20%	6.24%	-17.05%
PPBI	66 Neutral	$1.93B	12.16	5.34%	6.59%	26.76%	455.85%
SFNC	65 Neutral	$2.38B	15.61	4.39%	5.84%	6.86%	-12.06%
Sector *	64 Neutral	$13.46B	9.44	9.34%	4.72%	16.14%	-8.80%
SRBK	63 Neutral	$103.35M	160.18	0.21%	0.41%	―	―

SR Bancorp, Inc. Corporate Events

SR Bancorp Approves 2024 Equity Plan and Directors

SR Bancorp, Inc.’s shareholders approved the 2024 Equity Incentive Plan, which aims to enhance stockholder value, during the Annual Meeting on November 20, 2024. The meeting also saw the election of new directors and the ratification of Baker Tilly US, LLP as the independent accounting firm for the next fiscal year, highlighting the company’s commitment to robust governance and financial oversight.

SR Bancorp Merges, Goes Public, and Expands Operations

SR Bancorp, Inc. has undergone significant changes, including merging with Regal Bancorp and going public, which boosted its assets to over $1 billion. The company recently initiated a stock repurchase program as part of its strategy to enhance shareholder value. With a strong management team and a focus on expanding operations in New Jersey, SR Bancorp is positioning itself for future growth in the financial market.