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Stock impact report

CSB Bancorp, Inc. Reports Third Quarter Earnings [Yahoo! Finance]

CSB Bancorp, Inc. (Ohio) (CSBB) 
NASDAQ:AMEX Investor Relations: csb1.com/investor-relations
Company Research Source: Yahoo! Finance
Third Quarter Highlights Quarter Ended September 30, 2024 Quarter Ended September 30, 2023 Diluted earnings per share Net Income Return on average common equity Return on average assets CSB Bancorp, Inc. (OTC Pink: CSBB) today announced third quarter 2024 net income of $3,145,000, or $1.18 per basic and diluted share, as compared to $3,481,000, or $1.30 per basic and diluted share, for the same period in 2023. For the nine-month period ended September 30, 2024 net income totaled $7,693,000 compared to $11,059,000 for the same period last year, a decrease of 30%. Annualized returns on average common equity ("ROE") and average assets ("ROA") for the quarter were 11.14% and 1.05%, respectively, compared with 13.63% and 1.19% for the third quarter of 2023. For the nine-month period ended September 30, 2024 ROE and ROA were 9.30% and 0.88% as compared to 14.85% and 1.28% for the comparable period in 2023. Eddie Steiner, President and CEO stated, "Local economic condi Show less Read more
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