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 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.
CSB Bancorp, Inc. (OTC Pink: CSBB) reported a strong financial performance for the first quarter of 2021, achieving a net income of $2,885,000, or $1.05 per share, compared to $2,483,000, or $0.91 per share in the same period of 2020. The annualized return on average common equity improved to 12.33%, while the return on average assets was 1.10%. Net interest income and noninterest income totaled $8.9 million, up $627 thousand year-over-year. While credit quality remains stable, the net interest margin declined to 2.85% from 3.67% in the prior year.
CSB Bancorp, Inc. (OTC Pink: CSBB) has declared a first-quarter cash dividend of $0.30 per share on its common stock, marking a $0.01 increase from the previous quarter. The dividend is scheduled for payment on April 20, 2021 to shareholders of record as of April 6, 2021. CSB Bancorp, based in Millersburg, Ohio, operates as a $1.1 billion financial holding company, providing a comprehensive range of banking services through its subsidiary, The Commercial and Savings Bank, which has sixteen locations across Ohio.
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