Welcome to our dedicated page for Csb Bancorp news (Ticker: CSBB), a resource for investors and traders seeking the latest updates and insights on Csb Bancorp stock.
CSB Bancorp Inc (CSBB) delivers community-focused banking services across Northeast Ohio, combining personal/commercial banking with specialized trust solutions. This news hub provides investors and stakeholders with centralized access to official announcements and financial developments.
Find timely updates on earnings reports, leadership changes, product launches, and community initiatives. Our curated collection includes press releases covering commercial lending expansions, trust service enhancements, and CSBB's role in regional economic growth.
Key focus areas include mortgage rate adjustments, business loan program updates, and financial literacy partnerships within Holmes, Stark, Tuscarawas, and Wayne counties. Bookmark this page to monitor CSBB's performance indicators and strategic decisions impacting Ohio's banking landscape.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported strong first quarter 2023 results, with net income of $3,934,000 or $1.46 per share, compared to $2,701,000 or $0.99 per share in Q1 2022. This represents a 46% rise in net income year-over-year. Key performance indicators include a 16.39% return on equity (ROE) and 1.39% return on assets (ROA). Net interest income grew by 31% to $10.6 million, driven by a 38% increase in loan interest income. Despite a 341% rise in interest expense to $1.3 million, the net interest margin improved to 3.37%. The company declared a dividend of $0.36 per share, offering a 3.8% annual yield. However, challenges such as anticipated economic slowing and competitive funding pressures remain.
CSB Bancorp, Inc. (OTC Pink: CSBB) has announced a first quarter cash dividend of $0.36 per share, representing an increase of $0.01 from the previous dividend. The payment date is set for March 21, 2023, for shareholders of record as of March 7, 2023. With approximately $1.2 billion in assets as of December 31, 2022, CSB Bancorp continues to offer a full range of banking services through its subsidiary, The Commercial Savings Bank, across several counties in Ohio.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported a strong fourth quarter for 2022, with net income surging to $3,753,000 or $1.39 per share, compared to $2,306,000 or $0.85 per share in Q4 2021. This marks a 65% increase in income before federal tax. Annual net income reached $13,313,000, a 23% rise over 2021. The company reported an impressive 15.94% ROE and 1.27% ROA for Q4 2022. Loan balances grew 14% year-over-year, although economic caution may impact future borrowing trends. The fourth quarter dividend was declared at $0.35 per share, yielding 3.6%.
CSB Bancorp, Inc. (OTC Pink: CSBB) has announced a fourth quarter cash dividend of $0.35 per share, payable on December 20, 2022, to shareholders of record as of December 6, 2022. This marks a $0.02 increase from the previous quarterly dividend. CSB Bancorp, based in Millersburg, Ohio, is a financial holding company with a portfolio exceeding $1.1 billion, providing extensive banking services through its subsidiary, The Commercial and Savings Bank.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported third quarter 2022 net income of $3,650,000, or $1.35 per share, rising from $2,901,000 in Q3 2021. The company achieved a 26% increase in income before federal tax at $4,540,000. For the nine months ended September 2022, net income totaled $9,560,000, up 12%. ROE was 15.24% and ROA 1.25% for Q3 2022, improving significantly from last year. However, net interest income and noninterest income saw mixed results, with challenges in loan yields and noninterest income.
CSB Bancorp, Inc. (OTC Pink: CSBB) announced a third quarter cash dividend of $0.33 per share, payable on September 20, 2022 to shareholders of record as of September 6, 2022. This marks a $0.02 increase from the previous quarterly dividend. The company, based in Millersburg, Ohio, has a financial portfolio worth $1.1 billion and offers various banking services through its subsidiary, The Commercial Savings Bank, with 16 banking centers across several counties in Ohio.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported a strong second quarter 2022, with net income of $3,209,000 or $1.18 per share, up from $2,745,000 or $1.00 per share in Q2 2021. The company achieved a 17% increase in income before tax and improved returns on equity (13.73%) and assets (1.13%). However, net interest income grew 13% but loan interest income decreased 3%. Noninterest income dropped by 3%, largely due to declining mortgage sales. Shareholders' equity stood at $93.7 million, with a dividend of $0.31 per share yielding 3.3% based on the closing price of $38.00.
CSB Bancorp, Inc. (OTC Pink: CSBB) has declared a cash dividend of $0.31 per share on its common stock, payable on June 21, 2022. The record date for shareholders is set for June 6, 2022. CSB Bancorp is a financial holding company based in Millersburg, Ohio, with a total asset value of approximately $1.1 billion. The company operates through its wholly-owned subsidiary, The Commercial Savings Bank, offering a range of banking services through its sixteen banking centers across Ohio.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported first quarter 2022 net income of $2.7 million ($0.99 per share), down from $2.9 million ($1.05 per share) a year ago. Key metrics include a 7% decrease in income before taxes and a decline in return on equity (ROE) to 11.26% from 12.33%. Net interest income fell 2%, primarily due to a 16% drop in loan interest income. Despite these declines, deposit growth remained strong at 3%. The efficiency ratio worsened to 64.0%, and noninterest income decreased 13%.
CSB Bancorp, Inc. (OTC Pink: CSBB) has declared a cash dividend of $0.31 per share, payable on April 26, 2022. Shareholders of record as of April 18, 2022 will receive this dividend. CSB Bancorp is a $1.1 billion financial holding company based in Millersburg, Ohio, offering a range of banking and financial services through its subsidiary, The Commercial Savings Bank. The company operates 16 banking centers across multiple counties in Ohio.
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