Sr Bancorp, Inc. · NASDAQ:SRBK
Sr Bancorp — Shareholder Meeting (November 2025)
19 slides from Sr Bancorp's shareholder meeting presentation, Nov 19, 2025
Slide 1: Annual Shareholders' Meeting November 19, 2025
Exhibit 99.1 Annual Shareholders’ Meeting November 19, 2025
Slide 2: Agenda
Agenda Call to Order – David M. Orbach, Executive Chairman Introduction of Directors and Senior Officers Inspector of Elections’ Report Presentation of Proposals Report to Shareholders Vote Report Adjournment Page 2
Slide 3: Business of Annual Shareholders Meeting
Business of Annual Shareholders Meeting 1. Election of Directors – Elect one director to serve until the 2026 annual meeting and three directors to serve until the 2028 annual meeting • Marc Lebovitz • Robert Mustard • Douglas M. Sonier • William P. Taylor 2. The ratification of the appointment of B
Slide 4: Disclaimer: Forward-Looking Statements
Disclaimer Forward-Looking Statements Certain statements contained herein are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and are intended to be covered
Slide 5: Overview of Somerset Regal Bank
Overview of Somerset Regal Bank Somerset Regal Bank Offices Bound Brook Raritan 220 West Union Ave. 802 Somerset St. Flemington Roseland 141 Broad St. 180 Eagle Rock Ave. Florham Park Somerville 30 Columbia Turnpike 64 West End Ave. Livingston Springfield 66 W Mt. Pleasant Ave. 899 Mountain Ave. Man
Slide 6: Financial highlights FY 2024, FY 2025, Q1 2026
Financial Highlights Dollars in Thousands FY 2024 FY 2025 Q1 2026 (except per share amounts) Assets $1,020,844 $1,084,405 $1,110,096 Net Loans $731,859 $797,166 $826,371 Deposits $807,100 $846,022 $869,612 GAAP Net Income ($10,860) $5,136 $693 1 $950 $3,106 $475 Core Net Income GAAP EPS ($1.59) $0.6
Slide 7: Total Assets
Financial Highlights – Total Assets • Assets grew since the merger with Regal Bank in September 2023 st • Strong loan growth fueled 1 quarter 2026 asset growth $1,110.1M $1,084.4M $1,020.8M $651.5M $648.6M $639.4M 2021 2022 2023 2024 2025 Q1 2026 Loans Receivable, Net Securities - AFS Cash and Cash
Slide 8: Total Loans
Financial Highlights – Total Loans At September 30, Dollars in Thousands 2023 2024 2025 Owner occupied commercial real estate loans $ 60,850 $ 59,229 $ 52, 385 Other commercial real estate loans 75,357 75,415 80,969 Multi-family loans 171,427 205,929 224, 867 Commercial and industrial loans 12,789 1
Slide 9: Loan Composition
Financial Highlights – Loan Composition Loan Composition at 9/30/25 CRE Concentration Owner occupied Consumer commercial real Non-owner and other estate loans, 6.31% occupied, loans, 1.66% 49.37% Other commercial real estate loans, 9.76% Residential mortgage Multi-family Owner loans, loans, occupied
Slide 10: Asset Quality
Financial Highlights – Asset Quality Allowance for Credit Losses / Gross Loans NPLs / Gross Loans 0.71% 0.67% 0.67% 0.09% 0.36% 0.33% 0.31% 0.01% 0.00% 0.00% 0.00% 0.00% 2021 2022 2023 2024 2025 Q1 2026 2021 2022 2023 2024 2025 Q1 2026 NCOs / Avg. Loans 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2021 2022
Slide 11: Deposits
Financial Highlights – Deposits Deposit Trends Cost of Gross Loans / Deposits Deposits 0.53% 1.63% 2.13% 0.32% 0.46% 2.15% 95.66% 94.86% $869.6M 91.33% $819.4M $807.1M $522.1M $510.0M $503.9M 72.11% 64.30% 60.38% 2021 2022 2023 2024 2025 Q1 2026 2021 2022 2023 2024 2025 Q1 2026 Non-Interest Demand D
Slide 12: Profitability
Financial Highlights - Profitability Core ROAA* Core Net Income* $3,106 0.31% 0.29% 0.29% $1,995 $1,871 0.20% $1,229 $950 0.10% $475 0.04% 2021 2022 2023 2024 2025 Q1 2026 2021 2022 2023 2024 2025 Q1 2026 Net Interest Margin Non Interest Expense / Avg. Assets 3.51% 3.19% 3.05% 2.93% 2.60% 2.56% 2.25
Slide 13: Creating Shareholder Value
Creating Shareholder Value • On September 19, 2024, we adopted our initial stock repurchase program since becoming a public company. We completed this share repurchase on August 4, 2025 at an average price of $12.09. • On July 8, 2025, we approved the repurchase of an additional 886,137 shares, or a
Slide 14: Overview of SR Bancorp, Inc. Stockholder Information
Overview of SR Bancorp, Inc. Stockholder Information (NASDAQ: SRBK) Ownership Market Information as of 11/14/25 Institutional 29.0% Total Market Cap (mm) $131.5 1 Insider* 17.6% Tangible Book Value $165,540 Tangible Book Value / Share $19.08 Dividend Yield 1.32% Price / Tangible Book 79% LTM Dividen
Slide 15: Tangible Book Value Growth
Tangible Book Value Growth 50.0% 53.5% 52.6% 51.3% 61.4% 64.6% 65.2% 72.3% 79.1% P/TBV $16.00 $19.50 $15.00 $19.00 $14.00 $13.00 $18.50 $12.00 $18.00 $11.00 $10.00 $17.50 $9.00 $8.00 $17.00 9/30/23 12/31/23 3/31/24 6/30/24 9/30/24 12/31/24 3/31/25 6/30/25 9/30/25 TBV Stock Price Source: S&P Global M
Slide 16: Creating Shareholder Value Since IPO
Creating Shareholder Value Since IPO – September 20, 2023 Price on 11/14/25 - $15.15 70.0% S&P 500 60.0% 53.0% 50.0% SRBK 51.5% 40.0% Nasdaq Bank 40.9% 30.0% KRX 32.5% 20.0% 10.0% 0.0% -10.0% -20.0% -30.0% SRBK (51.5%) Nasdaq Bank (40.9%) KBW Nasdaq Regional Bank (32.5%) S&P 500 (53.0%) Source: S&P
Slide 17: Charitable Foundation
Charitable Foundation • Somerset Regal Bank has taken an active role in improving the quality of life for families and businesses in the communities we serve. • The Somerset Regal Charitable Foundation has strengthened our commitment to building a long-term partnership with the community while conti
Slide 18: Questions and Answers
SR SR BANCORP Questions and Answers
Slide 19: Contact: Bound Brook, NJ
220 W. Union Avenue Bound Brook, NJ 08805 somersetregalbank.com