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) is a financial holding company headquartered in Millersburg, Ohio, operating in the commercial banking sector through its wholly owned subsidiary, The Commercial and Savings Bank. This news page aggregates company-issued updates and market news so readers can review how CSB Bancorp communicates its financial performance and corporate actions over time.
News releases for CSB Bancorp frequently cover quarterly and annual earnings, detailing net income, diluted earnings per share, returns on average assets and equity, net interest income, and net interest margin. These reports often explain how loan growth, changes in loan yields, securities balances, deposit mix, and funding costs have influenced results, as well as how provision for credit loss expense and noninterest income and expense have evolved.
Another recurring theme in CSB Bancorp’s news is its dividend policy. The company regularly announces quarterly cash dividends on its common stock, including the per-share amount, record date, and payment date, and in some cases notes incremental increases in the dividend. Releases also provide context on shareholders’ equity, book value per share, and market valuation.
CSB Bancorp’s updates include commentary from management on economic conditions, local loan demand, and trends in credit quality, such as nonperforming loans, net charge-offs, and the allowance for credit losses. Readers can also find information on developments like the opening of a loan production office in Medina, Ohio, or the status of specific commercial lending relationships in court liquidation.
By following this news feed, users can monitor CSB Bancorp’s reported financial trends, asset quality metrics, capital position, and shareholder distributions, all based on the company’s own public communications and related market coverage.
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.
CSB Bancorp (OTC Pink: CSBB) reported a fourth-quarter net income of $2.3 million, or $0.85 per share, down from $2.68 million, or $0.97 per share, a year prior. The annual net income rose 3% to $10.8 million. Key metrics include a return on equity of 9.41%, down from 11.45%, and a return on assets of 0.80%, down from 1.05%. Loan interest income declined by 15%, attributed to a $75 million drop in average total loan balances. Deposit growth was strong, increasing 3.5% to over $1 billion. The company declared a dividend of $0.31 per share, yielding 3.3%.
CSB Bancorp, Inc. (OTC Pink: CSBB) has declared a $0.31 per share cash dividend for the fourth quarter, scheduled for payment on December 21, 2021. Shareholders of record as of December 7, 2021 will receive this dividend. Headquartered in Millersburg, Ohio, CSB Bancorp is a $1.1 billion financial holding company offering various banking services via its subsidiary, The Commercial Savings Bank, with 16 banking centers across several Ohio counties.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported a net income of $2.9 million for Q3 2021, yielding $1.06 per share, up from $2.8 million in Q3 2020. Despite a 3% increase in income before federal income tax, key metrics showed a decline: ROE at 11.79% down from 12.19%, and ROA at 1.03% vs 1.14%. Total loan balances fell $90 million year-over-year, influenced by reduced loan demand and declining PPP balances. Noninterest income decreased 5%, primarily from reduced mortgage sales. The average deposit grew 17% to $139 million.
CSB Bancorp, Inc. (OTC Pink: CSBB) has declared a third quarter cash dividend of $0.31 per share, reflecting a $0.01 increase from the previous quarter. This dividend is payable on October 26, 2021, to shareholders of record as of October 5, 2021. CSB Bancorp, a financial holding company with approximately $1.1 billion in assets, offers a range of banking services through its subsidiary, The Commercial Savings Bank, across multiple counties in Ohio.
CSB Bancorp reported a net income of $2,745,000 ($1.00 per share) for Q2 2021, a rise from $2,606,000 ($0.95 per share) in Q2 2020. Total net income for the first half of 2021 is $5,630,000, an 11% increase year-over-year. However, net interest income fell 8% to $8.3 million, primarily due to a 12% decrease in loan interest income. Average total assets rose 24% to $1.13 billion, yet the efficiency ratio worsened to 64.4%. A dividend of $0.30 per share was declared, yielding 3.2%.
CSB Bancorp, Inc. (OTC Pink: CSBB) has announced a second quarter cash dividend of $0.30 per share. The dividend is payable on July 20, 2021, to shareholders of record as of July 6, 2021. Headquartered in Millersburg, Ohio, CSB Bancorp is a $1.1 billion financial holding company that provides a comprehensive range of banking and financial services through its subsidiary, The Commercial and Savings Bank, which operates sixteen banking centers across several Ohio counties.