earnings
confidence high
sentiment negative
materiality 0.75
CSB Bancorp Q4 EPS $0.87 vs $1.38; credit provision up $2.1M on court liquidation
CSB Bancorp, Inc.
2024-FY EPS reported
$3.76
- Net income $2.32M, down 37% from Q4 2023; diluted EPS $0.87.
- Credit loss provision expense increased $2.1M vs Q4 2023; $6.2M charged off on $7.1M commercial relationship in court liquidation.
- Nonperforming loans at 0.23% of total loans vs 0.06% a year ago.
- Net interest margin (FTE) 3.33% vs 3.36%; pre-provision net revenue up 8% to $5.1M.
- Quarterly dividend maintained at $0.40 per share (4.2% yield based on $38.30 close).