CSB Bancorp (CSBB) AI Stock Analysis

• Market Cap: $131.96M
• Dividend Yield: 3.24%
• Average Volume (3M): 467.00
• Price to Earnings (P/E): 10.3
• Beta (1Y): 0.05
• Revenue Growth: 8.19%
• EPS Growth: 10.10%
• Country: US
• Employees: 173
• Sector: Financial
• Sector Strength: 70
• Industry: Banks - Regional
• EPS (TTM): 1.41
• Shares Outstanding: 2,637,266
• 10 Day Avg. Volume: 449
• 30 Day Avg. Volume: 467
• PEG Ratio: -0.32
• Price to Book (P/B): 0.89
• Price to Sales (P/S): 2.76
• P/FCF Ratio: 7.52
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 2.23
• Enterprise Value/Gross Profit: 2.68
• Enterprise Value/Ebitda: 7.00
• 1Y Price Target: $52.00
• Price Target Upside: 3.92% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 78 Outperform
• Price Target: $52.00 ▲(3.92% Upside)

CSB Bancorp's strong financial performance and attractive valuation are the primary drivers of its high stock score. The company exhibits robust revenue growth and profitability, supported by a solid balance sheet. Technical indicators also suggest a positive market sentiment. However, attention should be paid to the slight decline in operational margins and free cash flow growth.

CSB Bancorp Business Overview & Revenue Model

Company Description

CSB Bancorp, Inc. operates as the bank holding company for The Commercial and Savings Bank of Millersburg that provides a various banking, trust, financial, and brokerage services to corporate, institutional, and individual customers in Northeast Ohio. Its deposit products include checking and savings accounts, time deposits, and IRAs; and loan portfolio comprises personal, commercial, real estate mortgage, installment, consumer, and residential and commercial real estate loans. The company also provides safe deposit and night depository facilities. As of January 26, 2022, it had sixteen banking centers located in Holmes, Wayne, Tuscarawas, and Stark counties; and Trust offices located in Millersburg, North Canton, and Wooster, Ohio. The company was founded in 1879 and is based in Millersburg, Ohio.

How the Company Makes Money

CSB Bancorp generates revenue primarily through interest income from loans, which constitutes a significant portion of its earnings. The company offers a variety of loan products, including personal, commercial, and agricultural loans, which are typically funded by customer deposits and other financing sources. Additionally, CSB Bancorp earns fee income from services such as account maintenance, transaction fees, and wealth management services. Interest from investments in securities also contributes to the company’s revenue. The bank's strategic partnerships with local businesses and community organizations enhance its outreach and service offerings, thereby supporting its growth and profitability.

CSB Bancorp Financial Statement Overview

Summary

CSB Bancorp shows strong revenue growth and cash generation capabilities, though profitability margins face slight pressure. The balance sheet reflects effective leverage management, supporting long-term stability.

Income Statement

CSB Bancorp demonstrates strong revenue growth, with a TTM revenue of $50.7M, up from $42.2M in 2023. The gross profit margin remains robust at approximately 90.4%, though the EBIT margin has experienced a decline to 26.0%. Net profit margin has slightly decreased to 21.1% from previous periods. Overall, the income statement reflects a healthy revenue trajectory but with some pressure on profitability margins.

Balance Sheet

The balance sheet shows a stable financial position with a debt-to-equity ratio of 0.22, indicating prudent leverage management. The equity ratio stands at 9.7%, suggesting a moderate reliance on equity for financing. Return on equity is solid at 9.0%, although slightly lower than in previous years, reflecting consistent profitability.

Cash Flow

CSB Bancorp's cash flow performance is commendable, with a free cash flow of $17.8M in the TTM period, showing growth. The operating cash flow to net income ratio is 1.69, indicating strong cash generation relative to reported earnings. The free cash flow to net income ratio is also positive, reflecting the company's ability to convert profits into cash effectively.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	49.86M	36.92M	42.20M	38.30M	34.13M	34.47M
Gross Profit	41.48M	36.92M	42.44M	39.20M	34.13M	34.47M
EBITDA	15.87M	13.28M	19.30M	16.54M	13.40M	13.95M
Net Income	12.81M	10.01M	14.76M	13.31M	10.84M	10.57M
Balance Sheet
Total Assets	1.24B	1.19B	1.18B	1.16B	1.14B	1.03B
Cash, Cash Equivalents and Short-Term Investments	27.00M	21.29M	204.16M	236.49M	375.37M	372.09M
Total Debt	23.33M	26.95M	37.60M	35.01M	39.94M	41.88M
Total Liabilities	1.12B	1.08B	1.07B	1.06B	1.05B	937.77M
Stockholders Equity	121.68M	114.83M	107.94M	95.92M	97.31M	93.86M
Cash Flow
Free Cash Flow	17.64M	13.56M	15.20M	14.01M	12.92M	12.03M
Operating Cash Flow	17.21M	15.66M	15.63M	14.39M	15.02M	14.17M
Investing Cash Flow	-32.56M	-8.08M	-39.13M	-183.46M	-57.98M	-136.11M
Financing Cash Flow	54.43M	1.85M	1.16M	11.83M	104.97M	201.58M

CSB Bancorp Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 50.04
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CSBB, the sentiment is Positive. The current price of 50.04 is above the 20-day moving average (MA) of 47.25, above the 50-day MA of 45.70, and above the 200-day MA of 41.51, indicating a bullish trend. The MACD of 1.30 indicates Negative momentum. The RSI at 76.30 is Negative, neither overbought nor oversold. The STOCH value of 98.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CSBB.

CSB Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CSBB	78 Outperform	$131.96M	10.35	11.04%	3.24%	8.19%	10.10%
AFBI	76 Outperform	$124.02M	18.29	5.67%	―	6.51%	28.94%
SBFG	71 Outperform	$121.49M	10.51	9.23%	3.07%	9.87%	2.62%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
SRBK	56 Neutral	$118.16M	24.45	1.91%	1.01%	26.46%	―
MNSB	52 Neutral	$156.20M	14.43	-4.04%	1.97%	4.08%	-172.13%
RBKB	49 Neutral	$130.27M	―	-4.65%	―	-17.56%	-233.71%