Cashmere Valley Bank Commences Self Tender Offer to Repurchase up to 200,000 Shares of its Common Stock
Rhea-AI Summary
Cashmere Valley Bank (OTCQX: CSHX) commenced a self-tender offer on December 10, 2025 to repurchase up to 200,000 shares of common stock at $75.00 per share. The offer is expected to expire on January 12, 2026, unless extended, and is not conditioned on a minimum number of shares tendered. As of November 30, 2025, the Bank had 3,906,708 shares outstanding, so the repurchase represents approximately 5.12% of outstanding shares. The Bank expects to fund purchases with cash on hand. Directors and executive officers have indicated they do not intend to tender their shares. Offer documents will be mailed to shareholders and made available to beneficial owners.
Positive
- Repurchase size equals 200,000 shares (≈5.12% outstanding)
- Price set at $75.00 per share
- Funding planned from cash on hand
- No minimum tender condition (no minimum required)
Negative
- Directors/executives do not intend to tender shares
- Uses cash on hand, reducing available liquidity
News Market Reaction
On the day this news was published, CSHX gained 9.91%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Regional bank peers show modest gains between 0.1% and 1.42%, while CSHX showed a stronger 9.91% move, indicating stock-specific dynamics rather than a broad sector move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 21 | Earnings update | Positive | +0.0% | Reported strong Q3 2025 earnings and higher year-to-date net income. |
| Jul 22 | Earnings & dividend | Positive | +0.3% | Announced strong Q2 earnings and increased semi-annual dividend per share. |
Positive fundamental news historically led to small, positive price reactions, suggesting measured responses to earnings-related announcements.
This announcement follows a period of solid financial performance. In Q2 2025, Cashmere Valley Bank reported strong earnings of $8.0 million and raised its semi-annual dividend to $0.95 per share. By Q3 2025, year-to-date net income reached $22.1 million with diluted EPS of $5.66 and deposits of $1.897 billion. Market reactions to these fundamentally positive updates were modest, with 24-hour moves of only 0.31% and 0.01%.
Market Pulse Summary
The stock moved +9.9% in the session following this news. A strong positive reaction aligns with the announcement of a fixed-price self tender offer at $75.00 for up to 200,000 shares, or 5.12% of outstanding stock. Historically, CSHX saw only modest price moves on solid earnings and dividend news, so a larger move could reflect the direct capital return and reduced share count. Investors would need to consider how quickly enthusiasm might fade once the tender window closes and how liquidity conditions could affect subsequent trading.
Key Terms
tender offer financial
letter of transmittal financial
AI-generated analysis. Not financial advice.
CASHMERE, WASHINGTON / ACCESS Newswire / December 10, 2025 / Cashmere Valley Bank (OTCQX:CSHX) (the "Bank") announced today that it has commenced a tender offer to purchase up to 200,000 shares of its common stock at a price per share of
The tender offer is not conditioned upon any minimum number of shares being tendered; however, the tender offer is subject to a number of other terms and conditions. The Bank expects to fund the purchase of shares in the tender offer with cash on hand.
None of the Bank or its board of directors is making any recommendations to shareholders as to whether to tender or refrain from tendering their shares into the tender offer. Shareholders must decide how many shares they will tender, if any. The Bank's directors and executive officers have advised that they do not intend to tender any of their shares in the tender offer.
The Bank believes that the tender offer will significantly enhance shareholder value.
The Offer to Purchase, a letter of transmittal and related documents will be mailed to shareholders of record and also will be made available for distribution to beneficial owners of the Bank's stock. For questions and information, please call the Bank at (509) 782-5495.
About Cashmere Valley Bank
Cashmere Valley Bank was established September 24, 1932, and now has 11 retail offices located in Chelan, Douglas, Kittitas and Yakima Counties. The Bank also maintains a municipal lending office in King County. The Bank provides business and personal banking, commercial lending, insurance services through its wholly owned subsidiary, Mitchell, Reed & Schmitten insurance, investment services, mortgage services, equipment lease financing, auto and marine dealer financing and municipal lending.
Certain Information Regarding the Tender Offer
The information in this press release describing the Bank's tender offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of the Bank's common stock in the tender offer. The tender offer is being made only pursuant to the Offer to Purchase and the related materials that the Bank is distributing to its shareholders, as they may be amended or supplemented. Shareholders should read such Offer to Purchase and related materials carefully and in their entirety because they contain important information, including the various terms and conditions of the tender offer. Shareholders or investors who have questions or need assistance or may obtain a copy of these documents, without charge, by calling the Bank at (509) 782-5495. Shareholders are urged to carefully read all of these materials prior to making any decision with respect to the tender offer.
Forward Looking Statements
This press release contains "forward-looking statements". Forward-looking statements contain words such as "anticipate," "believe," "can," "would," "should," "could," "may," "predict," "seek," "potential," "will," "estimate," "target," "plan," "project," "continuing," "ongoing," "expect," "intend" or similar expressions that relate to the Bank's strategy, plans or intentions. Forward-looking statements involve certain important risks, uncertainties and other factors, any of which could cause actual results to differ materially from those in such statements. Such factors include, without limitation, the "Risk Factors" referenced in the Offer to Purchase and the following additional factors: ability to execute our business strategy; business and economic conditions; economic, market, operational, liquidity, credit and interest rate risks associated with the Bank's business; effects of any changes in trade, monetary and fiscal policies and laws; changes imposed by regulatory agencies to increase capital standards; effects of inflation as well as interest rate, securities market and monetary supply fluctuations; changes in consumer spending, borrowings and savings habits; the Bank's ability to identify potential candidates for, consummate, integrate and realize operating efficiencies from, acquisitions; the Bank's ability to achieve organic loan and deposit growth and the composition of such growth; changes in sources and uses of funds; increased competition in the financial services industry; the effect of changes in accounting policies and practices; the share price of the Bank's stock; the Bank's ability to realize deferred tax assets or the need for a valuation allowance; continued consolidation in the financial services industry; ability to maintain or increase market share and control expenses; costs and effects of changes in laws and regulations and of other legal and regulatory developments; technological changes; the timely development and acceptance of new products and services; the Bank's continued ability to attract and maintain qualified personnel; ability to implement or improve operational management and other internal risk controls and processes and reporting system and procedures; changes in estimates of future loan reserve requirements based upon the periodic review thereof under relevant regulatory and accounting requirements; widespread natural and other disasters, dislocations, political instability, acts of war or terrorist activities, cyberattacks or international hostilities; impact of reputational risk; and success at managing the risks involved in the foregoing items. The Bank can give no assurance that any goal or plan or expectation set forth in forward-looking statements can be achieved and readers are cautioned not to place undue reliance on such statements. The forward-looking statements are made as of the date of this press release, and the Bank does not intend, and assumes no obligation, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events or circumstances, except as required by applicable law.
MEDIA CONTACT:
Greg Oakes, CEO, (509) 782-2092 or
Mike Lundstrom, CFO, (509) 782-5495
SOURCE: Cashmere Valley Bank
View the original press release on ACCESS Newswire
FAQ
What is the size and price of Cashmere Valley Bank's (CSHX) tender offer announced December 10, 2025?
How much of CSHX outstanding stock does the 200,000-share tender represent?
When does the Cashmere Valley Bank (CSHX) tender offer expire?
How will Cashmere Valley Bank (CSHX) fund the share repurchase?
Are Cashmere Valley Bank directors participating in the CSHX tender offer?
Is there a minimum number of shares required for the CSHX tender offer to proceed?
