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SR Bancorp's Q3 net income jumps 54.1% to $1.1M on strong loan growth and higher interest income

Company Fundamentals
26 Oct 2026, 23:10 WIB
PRNewsWire
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Bullish
SR Bancorp's Q3 net income jumps 54.1% to $1.1M on strong loan growth and higher interest income

SR Bancorp reported a 54.1% increase in net income to $1.1 million for Q3 2026, driven by a $46.2 million rise in loans and a 14.8% increase in interest income. Total assets grew 2% to $1.22 billion, supported by a 5.7% increase in deposits. The bank's net interest income rose 9.3%, despite a slight decrease in net interest margin. These results reflect strong market demand and effective funding strategies, positioning the bank for continued growth.

SR Bancorp's recent financial results provide context for readers. For those following the US financial sector, 88 of 142 stocks rose while 51 fell as of Oct 27, 2026 02:31 WIB. Banco Bradesco Sa shares traded at USD 2.92 with a 28.26% drop, Itau Unibanco Banco Holding shares were at USD 7.74 down 20.01%, and Nu Holdings Ltd shares stood at USD 12.69 with a 16.29% decline.

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