CSB Bancorp, Inc. Reports First Quarter Earnings [Yahoo! Finance]
CSB Bancorp, Inc. (Ohio) (CSBB)
NASDAQ:AMEX Investor Relations:
csb1.com/investor-relations
Company Research
Source: Yahoo! Finance
March 31, 2024 Quarter Ended March 31, 2023 Diluted earnings per share Net Income Return on average common equity Return on average assets CSB Bancorp, Inc. (OTC Pink: CSBB) today announced first quarter 2024 net income of $2,933,000, or $1.10 per basic and diluted share, as compared to $3,934,000, or $1.46 per basic and diluted share, for the same period in 2023. Annualized returns on average common equity ("ROE") and average assets ("ROA") for the quarter were 10.84% and 1.02%, respectively, compared with 16.39% and 1.39% for the first quarter of 2023. Eddie Steiner, President and CEO stated, "Borrowing appetite has been restrained by the highest interest rate environment in almost 25 years, while depositors are being rewarded with higher earnings on balances. The Bank has maintained its net interest margin and is closely monitoring overall credit conditions, which remain acceptable at the present time. Inflation remains above the Federal Reserve's 2% target rate.
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Sec Filings
- 4/25/24 - Form 8-K
- 4/23/24 - Form 8-K
- 3/19/24 - Form ARS
- CSBB's page on the SEC website