Posted: 12/15/2024 03:21 pm
In the fiscal year 2024, William P. Taylor, Chief Executive Officer of SR Bancorp, Inc. and Chairman of the Bank, received a total compensation of $614,190. This package includes a base salary of $460,000, a bonus of $115,000, and $39,190 categorized under "all other compensation." Interestingly, there were no stock or option awards or incentive plan compensation included in this package, highlighting a lack of equity-based incentives in his compensation structure for the year[1].
The financial health and strategic direction indicated by this compensation structure can provide insights into SR Bancorp's management priorities. Taylor's compensation emphasizes a considerable fixed salary component and performance-based bonuses, suggesting a focus on steady leadership rather than aggressive expansion strategies that might be incentivized through equity awards. Given the firm's market environment and industry standing in the non-federally chartered savings institutions sector, this compensation alignment may be indicative of risk management and stable growth approaches.
Moreover, SR Bancorp's stock performance paints a fascinating picture. As of the latest snapshot, SRBK stock was priced at $12.12, reflecting a 2.1% decrease from the previous close at $12.38. This fluctuation falls within the broader one-year trading range between $8.94 and $12.46, demonstrating some volatility in the company's market performance. The company's earnings per share (EPS) stands at $8.6, with a remarkably low price-to-earnings (P/E) ratio of 1.41, suggesting that the stock may be undervalued relative to its earnings potential[2].
The market capitalization of SR Bancorp is approximately $105.2 million, with a volume of 15,175 shares traded recently, against an average volume of 39,552 shares. These figures highlight the stock's modest liquidity, which is relevant for potential investors assessing entry points in terms of stock price and availability. With its upcoming earnings announcement scheduled for November 20, 2024, investors are poised for insights that will potentially impact the stock's trajectory.
In conclusion, William P. Taylor's compensation at SR Bancorp prioritizes fixed remuneration and annual bonuses, correlating with the firm’s stable yet cautious stock market presence. This approach may reflect SR Bancorp's strategy within its savings institutions industry niche, advocating for prudent leadership alongside maintaining a consistent market position.
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1. [William P. Taylor's Compensation Data](https://www.sec.gov/Archives/edgar/data/1951276/000119312524238880/0001193125-24-238880-index.htm)
2. Stock Performance Data for SR Bancorp, Inc. as of the latest snapshot.