earnings
confidence high
sentiment neutral
materiality 0.60
CSB Bancorp reports Q2 EPS $1.00; net income rises 5.3% YoY
CSB Bancorp, Inc.
2022-Q2 EPS reported
$2.05
- Net income $2.745M ($1.00 diluted EPS) vs $2.606M ($0.95) a year ago.
- Net interest margin fell to 2.43% from 3.29%, as average loans declined $57M.
- Reversed $475K provision for loan losses vs $717K provision in Q2 2020.
- Nonperforming assets decreased to $2.8M (0.50% of loans) vs $4.5M a year ago.
- Declared $0.30 quarterly dividend, annualized yield 3.2% based on $38.00 close.