CSB Bancorp (NASDAQ: CSBB) boosts Q3 cash payout
Rhea-AI Filing Summary
CSB Bancorp, Inc. (CSBB) announced that its Board of Directors has declared a third quarter cash dividend of $0.45 per share on its common stock. The dividend is payable on September 22, 2026 to shareholders of record as of September 8, 2026.
The dividend represents a $0.02 increase from the prior quarterly dividend and a $0.04 increase over the prior-year third quarter dividend. CSB Bancorp reports approximate assets of $1.3 billion as of June 30, 2026 and operates through The Commercial and Savings Bank with sixteen banking centers and additional trust and lending offices in Ohio.
Positive
- Quarterly dividend increased to $0.45 per share, up $0.02 from the linked quarter and $0.04 from the prior-year third quarter, signaling a higher cash return to shareholders.
- CSB Bancorp reports approximately $1.3 billion in assets as of June 30, 2026, indicating a meaningful community banking franchise scale.
Negative
- None.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Third quarter cash dividend per share: $0.45 per share
Increase over linked quarterly dividend: $0.02 per share
Increase over prior-year Q3 dividend: $0.04 per share
+4 more
7 metrics
Third quarter cash dividend per share
$0.45 per share
Declared by the Board of Directors for the third quarter of 2026
Increase over linked quarterly dividend
$0.02 per share
Increase in the third quarter 2026 dividend versus the immediately preceding quarter
Increase over prior-year Q3 dividend
$0.04 per share
Increase versus the prior-year third quarter dividend
Approximate assets
$1.3 billion
Approximate assets as of June 30, 2026
Dividend payment date
September 22, 2026
Payment date for the third quarter 2026 cash dividend
Dividend record date
September 8, 2026
Shareholders of record date for the third quarter 2026 dividend
Banking centers
16 banking centers
Number of banking centers in Holmes, Stark, Tuscarawas, and Wayne counties
Key Terms
cash dividend, shareholders of record, financial holding company, loan production office
4 terms
cash dividend financial
"declared a third quarter cash dividend of $0.45 per share"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
financial holding company financial
"CSB Bancorp, Inc. is a financial holding company headquartered in Millersburg"
A financial holding company is a parent firm that owns and oversees banks and other financial businesses, such as lending, insurance, or investment services. It matters to investors because it bundles several money-making activities under one roof—like a parent managing several children—so returns, risks, and regulatory rules for banking apply to the whole group; trouble in one unit can affect the company’s profits, capital needs, and dividends.
loan production office financial
"and a loan production office in Medina, Ohio"
A loan production office is a bank or finance company location set up primarily to find, meet with, and originate loans, but it typically does not handle full retail services like deposits or cash transactions. For investors, an LPO is a way for a lender to grow loan volume and reach new customers with lower overhead, which can boost revenue but also concentrates credit risk in specific markets—like opening a pop-up shop that only sells one product.
FAQ
What dividend did CSB Bancorp, Inc. (CSBB) declare for the third quarter of 2026?
CSB Bancorp, Inc. declared a third quarter cash dividend of $0.45 per share on its common stock, payable September 22, 2026 to shareholders of record as of September 8, 2026.
How does CSBB's new dividend compare with previous dividends?
The new $0.45 per share dividend is $0.02 higher than the linked quarterly dividend and $0.04 higher than the prior-year third quarter dividend.
When is the record date and payment date for CSBB's Q3 2026 dividend?
The record date is September 8, 2026, and the payment date is September 22, 2026 for CSB Bancorp, Inc.’s third quarter 2026 dividend.
What is the asset size of CSB Bancorp, Inc. (CSBB)?
CSB Bancorp, Inc. reports approximate assets of $1.3 billion as of June 30, 2026.
Where does CSBB conduct its banking operations?
CSB Bancorp, Inc. operates through The Commercial and Savings Bank with sixteen banking centers in Holmes, Stark, Tuscarawas, and Wayne counties, trust offices in Millersburg and Wooster, and a loan production office in Medina, Ohio.
AI-generated analysis. How Rhea-AI works. Not financial advice.
