CSB Bancorp, Inc. Reports Third Quarter Earnings
Key Highlights
- ➤Q3 net income $4.987 million, up 20% year over year
- ➤Diluted EPS $1.90, versus $1.57 in the prior-year quarter
- ➤Nine-month net income $14.166 million, up 23% year over year
- ➤FTE net interest margin 3.99%, up 32 basis points
- ➤Nonperforming loans $7.1 million, versus $746 thousand a year ago
Expert Statements
Eddie Steiner, President and CEO of CSB Bancorp, Inc.
“Local and national economies continue to exhibit growth and relatively stable employment. The annualized pace of real U.S. GDP growth in Q3 is currently estimated between 2.6%-3.6%, accelerating from 2.1% and 2.2% in Q1 and Q2, respectively.”
Eddie Steiner, President and CEO of CSB Bancorp, Inc.
“Consumer spending has been steady. Wage increases have averaged perhaps slightly under 3%, while spending with debit and credit cards is up about 10% and the banking industry’s deposit balances grew 2.9% in the year-ended June 30.”
Eddie Steiner, President and CEO of CSB Bancorp, Inc.
“Home prices are easing, with September’s average selling price 1.2% above the year ago average and the number of would-be buyers and sellers is now more balanced in much of the country.”
Eddie Steiner, President and CEO of CSB Bancorp, Inc.
“At the same time, noticeably higher interest rates and the costs of gasoline, diesel, and growing electrical demand are stoutly propping up inflation. September’s Consumer Price Index was 3.7% above year ago levels.”
Eddie Steiner, President and CEO of CSB Bancorp, Inc.
“If higher interest rates persist and petroleum supply remains constrained by U.S. involvement in overseas conflicts, pockets of slowing economic activity will likely become more apparent and pronounced.”
September 30, 2026 September 30, 2025 Diluted earnings per share$ 1.90$ 1.57 Net Income$ 4,987,000$ 4,151,000 Return on average common equity14.67 %13.19 % Return on average assets1.50 %1.31 %
CSB Bancorp, Inc. (OTC ID: CSBB) today announced third quarter 2026 net income of $4,987,000 or $1.90 per basic and diluted share, an increase of 20% from $4,151,000, or $1.57 per basic and diluted share, for the same period in 2025. Strong net interest income growth, an improved net interest margin, and continued balance sheet expansion contributed to record year-to-date earnings of $14,166,000, up 23% from the first nine months of 2025.
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