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Stock impact report

CFSB BANCORP, INC. ANNOUNCES FISCAL THIRD QUARTER AND YEAR-TO-DATE 2024 FINANCIAL RESULTS [Yahoo! Finance]

CFSB Bancorp, Inc. (CFSB) 
Company Research Source: Yahoo! Finance
Federal Savings Bank (the "Bank"), today announced a net loss of , or per basic and diluted share, for the three months ended March 31, 2024 compared to a net loss of , or per basic and diluted share, for the three months ended December 31, 2023 and net income of , or per basic and diluted share, for the three months ended March 31, 2023 For the nine months ended March 31, 2024 , the net loss was , or per basic and diluted share, compared to net income of $1.3 million , or per basic and diluted share, for the nine months ended March 31, 2023 Michael E. McFarland , President and Chief Executive Officer, stated, "Liabilities continue to reprice at a faster rate than assets. These short- term rates over the last twenty-four months have continued to challenge our residential and commercial lending. A slight realignment of the yield curve will assist us moving forward." Third Quarter Operating Results Net interest income, on a fully tax-equivalent basis, remained unchanged at $1.7 mi Show less Read more
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