CSB Bancorp, Inc. Reports Third Quarter Earnings
CSB Bancorp reported Q3 2026 net income of $4.99 million, or $1.90 per diluted share, up 20% from $4.15 million ($1.57) a year earlier, with record nine-month earnings of $14.17 million, up 23% YoY. Profitability improved on all headline metrics: FTE net interest margin expanded to 3.99% from 3.67%, ROE rose to 14.67%, and the efficiency ratio improved to 52.56% from 55.56%, driven by 15% net interest income growth and an $81 million increase in average loans. Credit quality shows one blemish: nonperforming loans jumped to $7.1 million (0.80% of loans) from $746 thousand (0.09%), tied to a single previously disclosed commercial relationship management believes remains well-secured.
Key figures
- Eps
- 1.9
- Revenue
- $14.7M
- Net Income
- 4987000
- Eps Prev Year
- 1.57
- Net Income Yoy
- 20%
- Dividend Per Share
- 0.45
- Roa
- 1.50%
- Roe
- 14.67%
- Ppnr
- $7.0 million (non-GAAP), up 23% YoY
- Ytd eps
- 5.39
- Acl ratio
- 1.58% of loans vs 1.08%
- Total assets
- $1.3 billion
- Closing price
- 77.04
- Ytd net income
- 14166000
- Efficiency ratio
- 52.56% vs 55.56%
- Nonperforming loans
- $7.1 million, 0.80% of loans vs $746 thousand, 0.09%
- Book value per share
- 51.22
- Net interest margin fte
- 3.99%
AI analysis
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