SR Bancorp Inc Common (SRBK) Q4 2023 Earnings Report

Revenue Performance: Overall revenue for Q4 stood at $7.51 million, with YoY growth of 61.14%, reflecting recovery from previous downturns but showing a QoQ decline of 38.28%.
Profitability Analysis: Despite the revenue increase, SR Bancorp's net income reported a significant loss of $3.03 million for the quarter, equating to an EPS of $1.15. The loss signifies a steep drop compared to net income in the previous quarter and reflects ongoing operational challenges.
Balance Sheet Health: The total assets reported at $1.02 billion outstripped total liabilities of $821.36 million, resulting in a healthy equity position of $199.48 million—highlighting overall financial stability.
Cash Flow Insights: Operating cash flow of $4.67 million illustrates the bank's capacity to generate cash from core business activities, albeit with net cash used in financing activities amounting to $34.70 million, underlining reliance on external financing.